Tag Archives: Turkey

A US official said Wednesday that the oil price cap imposed on Russia does not involve ships navigating through Turkish waters. The Treasury Department said Deputy Secretary Wally Adeyemo spoke with Turkish Deputy Foreign Minister Sedat Onal and discussed Russia’s war against Ukraine and the implementation of the price cap …

Russia is discussing the traffic jam of oil tankers off Turkey’s coasts with shipping and insurance companies as it is concerned that the situation will affect its operators, Russia’s Deputy Foreign Minister Alexander Grushko said on Wednesday, as carried by Russian agency RIA Novosti. Many oil tankers have dropped anchor …

An oil tanker traffic jam has formed in Turkey following the EU’s introduction of a price cap on global Russian crude supplies, the Financial Times reported on December 5, with Turkish authorities demanding new proof of full insurance coverage for vessels passing through the Bosphorus and Dardanelles straits. The EU, …

Ankara is ready to transit natural gas from Turkmenistan to Europe, the Neutral Turkmenistan newspaper reported on Saturday, following the visit of Chairman of the Grand National Assembly (Parliament) of Turkey Mustafa Sentop to Ashgabat. According to the newspaper, the parliament speaker said that there are broad prospects for increasing …

Türkiye’s Black Sea gas field is on track to go online next year as promised and work has sped up to connect it to the national infrastructure, President Recep Tayyip Erdoğan said Saturday. Addressing a natural gas pipeline opening in the northern Kastamonu province, Erdoğan said drilling at nine of …

Türkiye wants to engage in production activity in counties from which it buys natural gas or oil, Energy Minister Fatih Dönmez has said, adding that studies are underway to identify the location for a third nuclear plant. “This is our new energy strategy. We consider establishing partnerships with those countries …

Russian President Vladimir Putin on Monday said a natural gas hub could be set up in Turkey quite easily and predicted that many countries in Europe would want to make deals for supplies. Putin made his remarks at a news conference in Sochi. Earlier this month, President Recep Tayyip Erdoğan …

Turkish authorities are preparing to drill 100 wells on land in 2023 in order to explore oil and natural gas deposits, as well as carry out certain work in the sea, reports TASS. It is assumed that the geological exploration work will be accelerated inside the country and abroad due …

Iran exported over seven billion cubic meters of gas to Turkey during the past 9 months. According to the statistics by the Turkey Statistics Office, Iran-Turkey trade during the first nine months of the current year, 2022, grew 26% to reach 4 billion and $809 million. The two countries’ trade …

The Iranian Oil Minister discussed the extension of the gas contract and energy trade in a meeting with the country’s energy and economic officials during his visit to neighboring Turkey. Javad Owji, who has traveled to Ankara at the head of a delegation, met with Fatih Dönmez and Nureddin Nebati, …