Tag Archives: Turkey

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, …

Turkey’s Foreign Minister Mevlüt Çavuşoğlu on Friday accused the United States of bullying its ally Saudi Arabia after OPEC+ announced oil production cuts despite Washington’s objections. Earlier this month, OPEC+ announced that it will cut oil production by 2 million barrels a day, starting in November, in a move that …

Russian President Vladimir Putin on Thursday proposed to his Turkish counterpart Recep Tayyip Erdogan building a natural gas hub in Türkiye. Speaking on the sidelines of a regional gathering in Kazakhstan, Putin said building a hub in Türkiye would allow, among other things, regulating prices, selling gas at market prices, …

The National Iranian Gas Company (NIGC) has said that Iran has resumed gas exports to neighboring Turkey after repairs on the pipelines were done. According to the official news service of the Iranian Ministry of Petroleum (SHANA), Mohammad Reza Jolaei, an official with the National Iranian Gas Company (NIGC), said …

Natural gas deliveries from Iran to Turkey will temporarily be discontinued from October 2-9, 2022, due to scheduled maintenance, Turkey’s Petroleum Pipeline Corporation (BOTAŞ) said on Monday. According to the Turkish Daily Sabah newspaper, “Due to the planned inspection and maintenance works to be carried out on the Iran-Türkiye Natural …

Iran’s exports to neighboring Turkey show a 49 percent growth in the first eight months of 2022. According to the Statistical Department of Turkey, Iran exported $2.382 million worth of products to Turkey in the eight months of 2022, showing a 49 percent growth compared to the same period last …