• Electricity
    • Nuclear
    • Thermal
    • Coal
  • Natural Gas
    • Upstream
    • Shale/Unconventional
    • Downstream
    • Lng/Lpg
  • Oil
    • Upstream
    • Downstream
    • Refining/Petro Chemistry
    • Transportation/Fuel Oil
  • Renewable
    • Wind
    • Solar
    • Hydro
    • Geothermal/Biomass
  • Finance
    • Projects
    • Invesments
    • Stock Market
  • Regulation
    • Oil
    • Electricity
    • Natural Gas
    • Renewable
    • LPG
  • Energy Diplomacy
    • Energy Security
    • International Relations
    • International Organization
    • Energy Projects
  • World
    • Turkey
    • Europe
    • Eurasia
    • Asia
    • Americas
    • Middle East-Africa
  • Reports
  • other
    • News from companies
    • Energy Meetings
    • Video
  • Türkçe
  • English

Anadolu AgencyAnadolu Agency

  • Log Out Log in
  • Anadolu Agency
  • Electricity
    • Nuclear
      IAEA worried Iran may have undeclared nuclear material

      IAEA worried Iran may have undeclared nuclear material

      Tehran warns against anti-Iran resolution at IAEA

      Tehran warns against anti-Iran resolution at IAEA

      IAEA calls for coop. with Japan on wastewater disposal

      IAEA calls for coop. with Japan on wastewater disposal

      E3 urges Iran to cooperate with IAEA

      E3 urges Iran to cooperate with IAEA

    • Thermal
      Qatar donates $60M to gas pipeline for Gaza electricity

      Qatar donates $60M to gas pipeline for Gaza electricity

      Spot market electricity prices for  Saturday, Feb. 20

      Spot market electricity prices for Saturday, Feb. 20

      Turkey's daily power consumption up 1.4% on Feb. 18

      Turkey's daily power consumption up 1.4% on Feb. 18

      US: Chipmakers halt production in Texas amid power cuts

      US: Chipmakers halt production in Texas amid power cuts

    • Coal
      Global CO2 emissions rebound strongly after steep drop

      Global CO2 emissions rebound strongly after steep drop

      Over $1T invested in coal despite trendy climate goals

      Over $1T invested in coal despite trendy climate goals

      Spot market electricity prices for Friday, Feb. 26

      Spot market electricity prices for Friday, Feb. 26

      Turkey's daily power consumption down 0.74% on Feb. 24

      Turkey's daily power consumption down 0.74% on Feb. 24

  • Natural Gas
    • Upstream
      Eni announces oil discovery in Western Desert of Egypt

      Eni announces oil discovery in Western Desert of Egypt

      US produces, consumes record high natural gas in 2019

      US produces, consumes record high natural gas in 2019

      Nigeria's president launches new gas pipeline project

      Nigeria's president launches new gas pipeline project

      OPEC holds first technical meeting with gas exporters

      OPEC holds first technical meeting with gas exporters

    • Shale/Unconventional
      Spot market natural gas prices for Sunday Aug. 23

      Spot market natural gas prices for Sunday Aug. 23

      Spot market natural gas prices for Monday, March 2

      Spot market natural gas prices for Monday, March 2

      Spot market natural gas prices for Tuesday, Feb. 11

      Spot market natural gas prices for Tuesday, Feb. 11

      British LNG carrier arrives in Turkey

      British LNG carrier arrives in Turkey

    • Downstream
      Turkey's gas imports from Iran see sharp fall in 2020

      Turkey's gas imports from Iran see sharp fall in 2020

      3rd Turkish drillship leaves Mersin bound for Black Sea

      3rd Turkish drillship leaves Mersin bound for Black Sea

      Dialogue, de-escalation in E.Med benefit everyone: NATO

      Dialogue, de-escalation in E.Med benefit everyone: NATO

      Turkey’s giant gas find worth $80 billion: IEA Head

      Turkey’s giant gas find worth $80 billion: IEA Head

    • Lng/Lpg
      Algerian LNG vessel to arrive in Turkey on March 6

      Algerian LNG vessel to arrive in Turkey on March 6

      Global LNG trade steady in '20, demand to double by '40

      Global LNG trade steady in '20, demand to double by '40

      Spot market natural gas prices for Wednesday, Feb. 24

      Spot market natural gas prices for Wednesday, Feb. 24

      Turkey's LPG imports down 2.6% in December 2020

      Turkey's LPG imports down 2.6% in December 2020

  • Oil
    • Upstream
      ExxonMobil makes first discovery offshore Suriname

      ExxonMobil makes first discovery offshore Suriname

      Rosneft income falls 77%, revenue down 51% in 2Q20

      Rosneft income falls 77%, revenue down 51% in 2Q20

      Oil prices flat with 0.04% rise in week ending August 14

      Oil prices flat with 0.04% rise in week ending August 14

      Brent oil prices down amid global pandemic crisis

      Brent oil prices down amid global pandemic crisis

    • Downstream
      US oil rig count rises by 2 for week ending Jan. 22

      US oil rig count rises by 2 for week ending Jan. 22

      ExxonMobil makes first discovery offshore Suriname

      ExxonMobil makes first discovery offshore Suriname

      US oil rig count rises by four for week ending Oct. 9

      US oil rig count rises by four for week ending Oct. 9

      Lundin upgrades Edvard Grieg field reserve estimates

      Lundin upgrades Edvard Grieg field reserve estimates

    • Refining/Petro Chemistry
      Brent oil price down 0.56% for week ending Feb. 19

      Brent oil price down 0.56% for week ending Feb. 19

      US crude oil inventories fall for week ending Feb. 12

      US crude oil inventories fall for week ending Feb. 12

      Turkey's Petkim profits up 36% year-on-year in 3Q20

      Turkey's Petkim profits up 36% year-on-year in 3Q20

      Iran moves from oil to petrochemicals in export

      Iran moves from oil to petrochemicals in export

    • Transportation/Fuel Oil
      Venezuela condemns US policy of seizing fuel shipments

      Venezuela condemns US policy of seizing fuel shipments

      Battery patents grow by 14% in 13 years: Study

      Battery patents grow by 14% in 13 years: Study

      Turkish start-up to produce lithium-ion battery cathode

      Turkish start-up to produce lithium-ion battery cathode

      US jet fuel demand falls by 29% in Jan-May 2020

      US jet fuel demand falls by 29% in Jan-May 2020

  • Renewable
    • Wind
      Europe needs to build more wind farms for climate goals

      Europe needs to build more wind farms for climate goals

      Wind support scheme extension offers investor security

      Wind support scheme extension offers investor security

      Europe installs 26% larger capacity wind farms in 2020

      Europe installs 26% larger capacity wind farms in 2020

      Denmark to build 2 offshore wind energy hubs

      Denmark to build 2 offshore wind energy hubs

    • Solar
      Turkey's Gumbel, Germany's SMA ink 70 MW inverter deal

      Turkey's Gumbel, Germany's SMA ink 70 MW inverter deal

      Eni, X–Elio to build 140 MW solar plants in Spain

      Eni, X–Elio to build 140 MW solar plants in Spain

      Total boosts US portfolio with large solar facility

      Total boosts US portfolio with large solar facility

      Panasonic to end manufacture of photovoltaic products

      Panasonic to end manufacture of photovoltaic products

    • Hydro
      China plans world’s biggest dam build on Tibetan river

      China plans world’s biggest dam build on Tibetan river

      IRENA boosts sustainable hydropower through partnership

      IRENA boosts sustainable hydropower through partnership

      Turkish lawmaker asks Iraq to cooperate on water issue

      Turkish lawmaker asks Iraq to cooperate on water issue

      Hydro produces 90.8% of Norway's electricity in Dec.

      Hydro produces 90.8% of Norway's electricity in Dec.

    • Geothermal/Biomass
      Europe needs to build more wind farms for climate goals

      Europe needs to build more wind farms for climate goals

      Turkey in top 4 countries with geothermal capacity

      Turkey in top 4 countries with geothermal capacity

      Biomass can meet one-third of Turkey's annual power

      Biomass can meet one-third of Turkey's annual power

      EU approves €550M Danish aid to support biomass plants

      EU approves €550M Danish aid to support biomass plants

  • Finance
    • Projects
      Turkey's energy import bill down 35.8% in January 2021

      Turkey's energy import bill down 35.8% in January 2021

      Biden signs order to bolster critical supply chains

      Biden signs order to bolster critical supply chains

      Turkey: Economic confidence stands at 95.8 in February

      Turkey: Economic confidence stands at 95.8 in February

      Global EV sales see record rise in 2020 led by Europe

      Global EV sales see record rise in 2020 led by Europe

    • Invesments
      Over $1T invested in coal despite trendy climate goals

      Over $1T invested in coal despite trendy climate goals

      Aygaz enters LPG business in Bangladesh via new partner

      Aygaz enters LPG business in Bangladesh via new partner

      Turkey allocates $18.5B for 2021 investments

      Turkey allocates $18.5B for 2021 investments

      Venezuela open to foreign investment in oil sector

      Venezuela open to foreign investment in oil sector

    • Stock Market
      Turkey's energy import bill down 35.8% in January 2021

      Turkey's energy import bill down 35.8% in January 2021

      Biden signs order to bolster critical supply chains

      Biden signs order to bolster critical supply chains

      Turkey: Economic confidence stands at 95.8 in February

      Turkey: Economic confidence stands at 95.8 in February

      IMF to track economic impact of climate crisis

      IMF to track economic impact of climate crisis

  • Regulation
    • Oil
      Oil up on US inventory fall, UK vaccine approval

      Oil up on US inventory fall, UK vaccine approval

      Fitch reduces oil price forecast due to higher supply

      Fitch reduces oil price forecast due to higher supply

      S. Arabia, Iraq discuss efforts to stabilize oil market

      S. Arabia, Iraq discuss efforts to stabilize oil market

      US crude oil inventories fall for week ending Aug. 14

      US crude oil inventories fall for week ending Aug. 14

    • Electricity
      Spot market electricity prices for Friday, Dec. 4

      Spot market electricity prices for Friday, Dec. 4

      24/7 power with Turkey’s new mobile monitoring system

      24/7 power with Turkey’s new mobile monitoring system

      Turkey's daily power consumption up 3.28% on Sept. 8

      Turkey's daily power consumption up 3.28% on Sept. 8

      Sudan: Flashpoint Ethiopian dam not related to floods

      Sudan: Flashpoint Ethiopian dam not related to floods

    • Natural Gas
      Turkey's daily power consumption down 0.77% on Oct. 23

      Turkey's daily power consumption down 0.77% on Oct. 23

      Russian Lukoil starts Chashkino gas-turbine power plant

      Russian Lukoil starts Chashkino gas-turbine power plant

      Gazprom posts 26% loss in 1H20

      Gazprom posts 26% loss in 1H20

      Trump scraps Obama methane limits in oil, gas sectors

      Trump scraps Obama methane limits in oil, gas sectors

    • Renewable
      Iberdrola makes record €9.24 bln. investments in 2020

      Iberdrola makes record €9.24 bln. investments in 2020

      UN: US on pace to hit Paris climate goals despite Trump

      UN: US on pace to hit Paris climate goals despite Trump

      EU needs to change course to cut emissions 55% by 2030

      EU needs to change course to cut emissions 55% by 2030

      ENGIE and Equinor to explore low-carbon hydrogen

      ENGIE and Equinor to explore low-carbon hydrogen

    • LPG
      Pandemic reveals importance and reliability of LPG

      Pandemic reveals importance and reliability of LPG

      Turkish fund Oyak to buy Demiroren's auto fuel ops.

      Turkish fund Oyak to buy Demiroren's auto fuel ops.

      Turkey's LPG imports down over 19.02% in June 2019

      Turkey's LPG imports down over 19.02% in June 2019

      Equinor inks agreement for LPG storage in Malaysia

      Equinor inks agreement for LPG storage in Malaysia

  • Energy Diplomacy
    • Energy Security
      Turkey's gas imports from Iran see sharp fall in 2020

      Turkey's gas imports from Iran see sharp fall in 2020

      US led global defense spending in 2020: Report

      US led global defense spending in 2020: Report

      E3 urges Iran to cooperate with IAEA

      E3 urges Iran to cooperate with IAEA

      US: Chipmakers halt production in Texas amid power cuts

      US: Chipmakers halt production in Texas amid power cuts

    • International Relations
      IAEA worried Iran may have undeclared nuclear material

      IAEA worried Iran may have undeclared nuclear material

      Tehran warns against anti-Iran resolution at IAEA

      Tehran warns against anti-Iran resolution at IAEA

      Qatar awards EPC contract for North Field LNG to Samsung

      Qatar awards EPC contract for North Field LNG to Samsung

      'Turkey cannot be excluded from Eastern Mediterranean'

      'Turkey cannot be excluded from Eastern Mediterranean'

    • International Organization
      Global CO2 emissions rebound strongly after steep drop

      Global CO2 emissions rebound strongly after steep drop

      IAEA worried Iran may have undeclared nuclear material

      IAEA worried Iran may have undeclared nuclear material

      Tehran warns against anti-Iran resolution at IAEA

      Tehran warns against anti-Iran resolution at IAEA

      Turkey's gas imports from Iran see sharp fall in 2020

      Turkey's gas imports from Iran see sharp fall in 2020

    • Energy Projects
      Qatar awards EPC contract for North Field LNG to Samsung

      Qatar awards EPC contract for North Field LNG to Samsung

      Norway's sovereign fund invests $812 million in Turkey

      Norway's sovereign fund invests $812 million in Turkey

      Turkey's energy import bill down 35.8% in January 2021

      Turkey's energy import bill down 35.8% in January 2021

      Biden signs order to bolster critical supply chains

      Biden signs order to bolster critical supply chains

  • World
    • Turkey
      Spot market electricity prices for Wednesday, March 3

      Spot market electricity prices for Wednesday, March 3

      Spot market natural gas prices for Monday, March 1

      Spot market natural gas prices for Monday, March 1

      Turkey's daily power consumption up 16.9% on March 1

      Turkey's daily power consumption up 16.9% on March 1

      Turkey's electricity consumption down 2.5% in February

      Turkey's electricity consumption down 2.5% in February

    • Europe
      Oil slips ahead of OPEC+ meeting on Thursday

      Oil slips ahead of OPEC+ meeting on Thursday

      Oil prices up with US relief bill, 3rd vaccine approval

      Oil prices up with US relief bill, 3rd vaccine approval

      Norway's sovereign fund invests $812 million in Turkey

      Norway's sovereign fund invests $812 million in Turkey

      EU wants to play positive role in Cyprus settlement

      EU wants to play positive role in Cyprus settlement

    • Eurasia
      Oil slips ahead of OPEC+ meeting on Thursday

      Oil slips ahead of OPEC+ meeting on Thursday

      Oil prices up with US relief bill, 3rd vaccine approval

      Oil prices up with US relief bill, 3rd vaccine approval

      Oil prices up over 3% for week ending Feb. 26

      Oil prices up over 3% for week ending Feb. 26

      Oil prices fall as dollar appreciates

      Oil prices fall as dollar appreciates

    • Asia
      Oil slips ahead of OPEC+ meeting on Thursday

      Oil slips ahead of OPEC+ meeting on Thursday

      Oil prices up with US relief bill, 3rd vaccine approval

      Oil prices up with US relief bill, 3rd vaccine approval

      Oil prices up over 3% for week ending Feb. 26

      Oil prices up over 3% for week ending Feb. 26

      Oil prices fall as dollar appreciates

      Oil prices fall as dollar appreciates

    • Americas
      US scientists grow kelp in ocean for biofuel energy

      US scientists grow kelp in ocean for biofuel energy

      Oil slips ahead of OPEC+ meeting on Thursday

      Oil slips ahead of OPEC+ meeting on Thursday

      Oil prices up with US relief bill, 3rd vaccine approval

      Oil prices up with US relief bill, 3rd vaccine approval

      US oil rig count rises by 4 for week ending Feb. 26

      US oil rig count rises by 4 for week ending Feb. 26

    • Middle East-Africa
      IAEA worried Iran may have undeclared nuclear material

      IAEA worried Iran may have undeclared nuclear material

      Tehran warns against anti-Iran resolution at IAEA

      Tehran warns against anti-Iran resolution at IAEA

      Oil slips ahead of OPEC+ meeting on Thursday

      Oil slips ahead of OPEC+ meeting on Thursday

      Qatar awards EPC contract for North Field LNG to Samsung

      Qatar awards EPC contract for North Field LNG to Samsung

  • Reports
  • other
    • News from companies
    • Energy Meetings
    • Video
  • Anadolu Agency

Highlights of Turkish energy market in 2020

- Black Sea gas discovery, tensions in E. Med., TurkStream coming online and records in renewables were hot topics in 2020

home > Natural Gas, Oil, Renewable, Coal, Energy Diplomacy, Turkey 18.12.2020 15:08 Ebru Şengül

Highlights of Turkish energy market in 2020

Turkey's giant gas discovery in the Black Sea followed by intensified exploration and drilling in the Eastern Mediterranean and the region's subsequent rising tensions, the start of TurkStream's commercial supplies from Russia to Turkey, and record renewables power production levels marked the top news stories in Turkey's energy sector in 2020.

Turkey's exploration and drilling activities in the Eastern Mediterranean and the Black Sea have escalated this year supported by the country's national fleet of drilling vessels Yavuz, Fatih and Kanuni, and seismic vessels Barbaros Hayrettin Pasa and Oruc Reis.

This year, in particular, demonstrated that Turkey's resolute efforts to find domestic hydrocarbon resources with the country's sixth-generation drillship Fatih in the Black Sea bore fruit. An initial briefing by Energy and Natural Resources Minister Fatih Donmez on the new mission in the Black Sea came in May when he declared that deep drilling is scheduled to start using the Fatih drillship in July for the first time in the Black Sea.

The vessel set sail on May 29 from Istanbul and after disassembly and reassembly works were finalized. It began drilling on July 20 in the Tuna-1 field, a part of the Sakarya Gas Field, some 100 nautical miles (185 kilometers) north of the Turkish coast in the western Black Sea. Almost a month later, Turkey’s President Recep Tayyip Erdogan announced on Aug. 21 that Turkey discovered major natural gas reserves of some 320 billion cubic meters (11.3 trillion cubic feet) in the region.

"Turkey has made the biggest natural gas discovery in the Black Sea," Erdogan said, adding that the country aims to supply the discovered gas for public use in 2023. Donmez also announced on the same day that gas found in the field that covers around 250 square kilometers was of high quality and that new wells would be drilled in the same area. The discovery was twenty-fold the quantity of all the natural gas that Turkey has ever produced – 16.6 billion cubic meters (bcm).

On Aug. 24, Fatih Birol, the International Energy Agency's (IEA) head, confirmed that Turkey’s giant offshore natural gas discovery, worth $80 billion in line with current price trends, would need an investment of approximately $6 billion to start field production.

Subsequently, Turkish officials and experts drew from substantial evidence that the Black Sea discovery foreshadows a much bigger gas find in the region. Erdogan's statement on Oct. 17 confirmed this evidence when an additional discovery of 85 bcm of reserves in the same gas field was made. Revised up to 405 bcm with the additional 85 bcm, the discovery is almost 25 times more than Turkey's overall gas production, making it "one of the largest gas finds in 2020 in the world."

Turkish Petroleum in a statement on the same day announced that exploration in the largest seismic acquisition in the Black Sea, Sakarya 3D, would start in the broader basin in November. On Nov. 5, the Fatih drillship began drilling in the Turkali-1 well in the Sakarya gas field in the Black Sea, a task that was scheduled to take 75 days.

While Fatih drillship's activities continued in the region throughout the year, preparations were made for Turkey's third drillship Kanuni to accompany Fatih for a Black Sea mission next year.

Kanuni was taken into Turkish Petroleum Corporation's inventory on Jan. 31 and arrived in Tasucu, Mersin, a coastal city in the Mediterranean region of the country on March 15. Constructed in 2012 by Samsung in South Korea, and used by Brazilian energy company Petrobras for exploration up to 2015, the vessel can extend to a depth of 11,400 meters and drill to depths of 3,000 meters.

Scheduled to drill nearly 40 wells in the Black Sea, Donmez announced on Oct. 3 that the Kanuni drillship is set to start its operations in the Black Sea in early 2021. One week after this announcement, Kanuni set sail from the southern Mersin province en route to Istanbul’s Haydarpasa Port before setting sail for operations in the Black Sea. Finally, on Nov. 13, Kanuni also left Istanbul to sail to the Black Sea to undertake maintenance works at the Port of Filyos on the Black Sea coast before it starts its mission at the Sakarya Gas Field.


- Tensions escalated in the Eastern Mediterranean

In early 2020, the backwash continued from the pact signed on Nov. 27, 2019, between Ankara and Libya's UN-recognized Government of National Accord (GNA) on maritime boundaries of countries in the Eastern Mediterranean.

On May 29, the energy minister confirmed that under this pact Turkish Petroleum had applied for drilling activities in the country's licensed areas and disclosed that Turkey's first activities in the region are expected to start within the next 3-4 months.

On June 4, a joint statement following a meeting between Erdogan and Libyan Prime Minister Fayez al-Sarraj revealed that Turkey and Libya plan to advance cooperation in the Eastern Mediterranean, including search and drilling activities to further benefit from potential natural resources. Four days later, Donmez declared that Turkey designated seven licensed areas in the region for oil exploration and drilling under the recent Libya pact.

Previously, on Jan 2, Greece, Israel, and the Greek Cypriot Administration signed an Eastern Mediterranean (EastMed) pipeline project agreement that planned to run from Israel to Southern Cyprus, Crete, Greece, and ultimately to Italy. In response to the deal, Turkey stressed the project was “the latest instance of futile steps” aimed at excluding Turkey and the Turkish Republic of Northern Cyprus (TRNC) in the region. On July 20, the Israeli government ratified the EastMed agreement.

During the spring of 2020, the spread of Covid-19 throughout the world started to impact exploration and drilling operations of global oil companies in the Eastern Mediterranean and resulted in revisions or temporary suspensions of these programs by companies such as ExxonMobil and the French-Italian consortium of Total and ENI.

In midyear, tensions started to escalate in the Eastern Mediterranean when Turkey announced the drillship Oruc Reis' new seismic research exercise in the region via NAVTEX (navigational telex) starting from July 21. Following Turkey's announcement, Greece alleged that Oruc Reis has violated its rights in the Eastern Mediterranean continental shelf, using a small islet; the island of Kastellorizo and Meis in Turkish a few miles away from Turkey’s coast as justification for this encroachment. However, Turkey hit back by stressing that the maximalist continental shelf claim of Greece is contrary to international law, jurisprudence and court rulings.

Greece signed deals with Italy on June 9 and with Egypt on Aug. 7 on exclusive economic zones (EEZ) in the Eastern Mediterranean. Turkey slammed the "so-called agreement” with Egypt in a statement, saying that Greece and Egypt had no mutual sea border and declared the deal "null and void" for Ankara. Turkey reported to the UN that the demarcated area violated its continental shelf and maritime rights.

On Aug. 10, Turkey announced another Oruc Reis seismic research exercise in the region via NAVTEX starting Aug. 10 until Aug. 23. A report on Aug. 12 said that two streamer cables had been laid on the Eastern Mediterranean seabed as part of its ongoing hydrocarbon exploration.

Along with Oruc Reis, the country issued a new NAVTEX on Aug. 16 for its drillship Yavuz, which continued its exploration off the island of Cyprus between Aug. 18 and Sept. 15.

On Oct. 14, Donmez confirmed that a first seismic data report from Oruc Reis was expected on Oct. 16, while an announcement on Nov. 4 revealed that Turkey's other seismic research vessel Barbaros Hayreddin Pasa would continue its activities in the region until Feb. 16.

As tensions in the region escalated in the fall of 2020, EU leaders met on Dec. 11-12 to discuss among several issues the tension in the Eastern Mediterranean and possible sanctions against Turkey, pushed mainly by Greece and the Greek Cypriot Administration. After the meeting, the EU reported its decision to impose additional sanctions on Turkish individuals and companies in light of Turkey's activities in the Eastern Mediterranean. In response, Turkey condemned the decision calling it "biased and unlawful."

"We reject the biased and unlawful attitude toward [Northern] Cyprus, Eastern Mediterranean, Aegean, and regional issues in particular, which we know that the majority of the EU does not adopt, but had to be put into December 10 EU Summit Conclusions due to solidarism and veto pressure," Turkey's Foreign Ministry said in a statement.


- TurkStream commercial supplies start

This year has also seen the finalization of other energy projects. At the beginning of the year, commercial supplies via the TurkStream natural gas pipeline commenced on Jan. 1. President Erdogan and Russia's President Vladimir Putin presided over the opening ceremony on Jan. 8 in Istanbul with the attendance of high-ranking energy ministers from both countries.

In Erdogan’s speech at the ceremony, he described the TurkStream project as ‘historic’ in terms of bilateral energy ties and cooperation, while Putin dubbed it "a pioneering and unique project." Donmez also said he considered the project "visionary" and "a new symbol of cooperation between Turkey and Russia."

The TurkStream project consists of two lines with a total capacity of 31.5 bcm per year. The first line will carry 15.75 bcm of Russian gas to Turkish consumers every year, and the second line will carry another 15.75 bcm from Russia to Europe via Turkey.

On Jan. 28, Gazprom supplied its first billion cubic meters of gas via the TurkStream gas pipeline, from which about 54% went to the Turkish gas market while the remaining 46% was delivered to the Turkey-Bulgaria border. An announcement by industry sources on April 3 reported that over 1.32 bcm of Russian gas was transferred to Europe from Turkey via TurkStream during the first quarter of 2020.

On June 27, a Hungarian oil and gas company, MOL, announced that it would join the TurkStream project through Serbia. The regulator approved a 10-year development plan that includes the construction of a new Serbian-Hungarian gas inter-connector, with an annual capacity of 6 bcm.


- Akkuyu NPP's third unit license granted

Substantial developments have taken place in another joint project between Turkey and Russia in 2020; Turkey's first nuclear power plant (NPP) Akkuyu NPP. This follows an intergovernmental agreement signed between Turkey and Russia in May 2010 for the NPP that will consist of four VVER-1200 power units with a total installed capacity of 4,800 megawatts (MW).

On Jan. 23, the welding of the reactor cover for the Akkuyu NPP was completed, according to Atommash, the Volgodonsk branch of AEM-technology, which operates alongside Russian State Atomic Energy Corporation Rosatom's machine-building division of Atomenergomash.

The manufacture of a set of bends for the reactor coolant pipeline for the first unit of the plant was also completed on March 23. On June 26, Turkey’s energy minister announced the laying of the second unit's foundation. On June 30, the production of a set of steam generators for the first unit was completed.

On July 16, hydraulic tests for the reactor pressure vessel of the first unit were completed, while the shipment of steam generators for the first unit began on Aug. 24. On Sept. 10, the final manufacturing stage of the first reactor started. Finally, a construction license was granted for the third unit of the Akkuyu NPP on Oct. 17 for a construction start next spring.

Turkey’s plan for a second nuclear plant at Sinop in northern Turkey, however, hit a stumbling block. Donmez disclosed on Jan. 20 that the ministry is reassessing its major partner for the plant because the results of feasibility studies conducted by Japanese Mitsubishi Heavy Industries, Ltd., fell short of the ministry's expectations in terms of the construction budget and the schedule for its completion.


- Records reached in renewables

Turkey's renewable energy sector started to markedly develop after 2008, and this upward trend continued at significant speed in the following years. Turkey ranked seventh in the list of top destinations for foreign direct investments (FDI) in renewables, according to greenfield investment monitor fDi Markets in its ranking for Top European Locations for Renewable Energy FDI 2020.

On June 3, Donmez announced that Turkey produced 66% of its electricity from local and renewable sources in the first five months of 2020. Out of the total amount of 66%, 34.3% has been generated from hydroelectricity, 13.8% from local coal, 8.8% from wind, 3.6% from geothermal, 3.5% from solar, 1.8% from biomass and 0.2% from other sources. On May 24, a record of 90% was also hit for daily electricity production from local and renewable sources. On Aug. 14, Donmez stated that updated data showed that Turkey produced 62.08% of its electricity from local and renewable sources in the first seven months of 2020.

Turkey completed draft regulations on July 1 for the Renewable Energy Source Guarantee Document (YEK-G) to allow power producers and suppliers to demonstrate and verify renewable energy generation so consumers can see the source of their electricity purchases. The draft regulations, which will allow consumers to choose their electricity source, will be open for public consultation.

Turkey's first integrated solar ingot-wafer-module-cell production factory, established by Kalyon Solar Energy Technologies Production Co., started production on Aug. 19.

The Turkish government agreed on Sept. 18 to give a six-month extension to the Renewable Energy Support Scheme (YEKDEM) for newly built plants until June 31, 2021, taking the Covid-19 pandemic into account.

According to International Energy Agency (IEA) data compiled by Anadolu Agency on Nov. 12, Turkey will rank fifth in Europe for increasing its renewable power capacity, which is forecast to add 22.2 gigawatts (GW) by 2025 to reach 66.8 GW. The country's total installed renewable energy capacity stood at 44.6 GW at the end of 2019. The agency forecasted that by the end of this year, renewable power in Turkey would reach 47.3 GW with an increase of around 1.1 GW of hydropower and almost 900 megawatts of wind power.

On Nov. 23, Donmez highlighted that 2020 was a turning point for renewable energy development in Turkey, underlining that installed renewable capacity additions in 2020 were more than that of the capacity of 17 EU countries.


- LNG imports outpace pipeline gas

Turkey's natural gas sector also witnessed firsts this year. On May 23, Turkey's Energy Exchange Istanbul (EXIST) announced the launch of its "Natural Gas Market Weekly Products" online service from June 1, through which natural gas market participants can make weekly product transactions.

On May 28, Turkey’s LNG imports in March outpaced pipeline gas imports for the first time, data from Turkey's Energy and Regulatory Watchdog (EMRA) showed. Turkey imported 2.06 billion cubic meters of LNG in March, which accounted for 52.5% of total gas imports.

Meanwhile, Turkey's state-owned energy company BOTAS signed a deal on June 4 to buy 1.2 million tonnes of LNG from Total. The deal between the two sides, which came as BOTAS is nearing the expiry of long-term contracts with Nigeria and Algeria, will run for three years.

On June 11, news came that the Trans Anatolian Natural Gas Project (TANAP) would deliver 6 bcm of natural gas to Turkey by June 30 this year, the date of the pipeline’s second year of commercial operations. TANAP's General Manager Saltuk Duzyol said that TANAP's gas deliveries to Turkey have incrementally increased from the first year when it initially delivered 2 bcm.

By Ebru Sengul Cevrioglu

Anadolu Agency

energy@aa.com.tr




related news

Spot market electricity prices for Wednesday, March 3
Spot market natural gas prices for Monday, March 1
Turkey's daily power consumption up 16.9% on March 1
Turkey's electricity consumption down 2.5% in February
Tehran warns against anti-Iran resolution at IAEA
Oil slips ahead of OPEC+ meeting on Thursday
Facebook Facebook Twitter Google LinkedIn

Spot market natural gas prices for Monday, March 1

- 1,000 cubic meters of natural gas on spot market costs 1,285 Turkish liras
14:18 Natural Gas , Turkey

Spot market natural gas prices for Sunday, Feb. 28

- 1,000 cubic meters of natural gas on spot market costs 1,283 Turkish liras
01.03.2021 Natural Gas , Turkey

Qatar awards EPC contract for North Field LNG to Samsung

- Contract, valued at more than $2B., is awarded on lump sum basis and is second major EPC contract award for NFE project
01.03.2021 Natural Gas , International Relations , Energy Projects , Middle East-Africa

Algerian LNG vessel to arrive in Turkey on March 6

- Vessel is sailing under flag of Bahamas
01.03.2021 Lng/Lpg , Turkey , General

Spot market natural gas prices for Saturday, Feb. 27

- 1,000 cubic meters of natural gas on spot market costs 1,275 Turkish liras
01.03.2021 Natural Gas , Turkey

Spot market electricity prices for Sunday, Feb. 28

- Energy Exchange Istanbul (EXIST) data shows electricity market trade volume amounts to 139.83 million Turkish liras
27.02.2021 Natural Gas , Finance , Turkey , General

Spot market natural gas prices for Friday, Feb. 26

- 1,000 cubic meters of natural gas on spot market costs 1,247 Turkish liras
28.02.2021 Natural Gas , Finance , Turkey , General

Spot market natural gas prices for Thursday, Feb. 25

- 1,000 cubic meters of natural gas on spot market costs 1,242 Turkish liras
27.02.2021 Natural Gas , Turkey

Turkey's energy import bill down 35.8% in January 2021

- Last month, overall energy imports fall due to rise in country's domestic and renewable energy production
26.02.2021 Natural Gas , Oil , Projects , Stock Market , Energy Projects , Turkey

Turkey's gas imports from Iran see sharp fall in 2020

- Country-based gas imports from Iran shows biggest fall while biggest growth seen in gas imports from Qatar and US
26.02.2021 Natural Gas , Downstream , Energy Diplomacy , Energy Security , International Organization , Turkey , Middle East-Africa

Global LNG trade steady in '20, demand to double by '40

- Natural gas has important role to play in move towards net-zero emissions that requires cleaner energy solutions: Shell
26.02.2021 Lng/Lpg , Europe , General

Spot market natural gas prices for Wednesday, Feb. 24

- 1,000 cubic meters of natural gas on spot market costs 1,217 Turkish liras
25.02.2021 Natural Gas , Lng/Lpg

Global gas demand to increase by 50% in 2050

- Demand to rise via economic & population derivers, environmental concerns, increasing supplies and positive policy support
26.02.2021 Natural Gas , General

Turkey's LPG imports down 2.6% in December 2020

- LPG production decreases to 77,922 tonnes with year-on-year drop of 5.2%, according to Turkey's energy watchdog
25.02.2021 Lng/Lpg , Turkey

Spot market natural gas prices for Tuesday, Feb. 23

- 1,000 cubic meters of natural gas on spot market costs 1,220 Turkish liras
24.02.2021 Natural Gas , Turkey

Texas cold snap uncovers obsolete energy infrastructure

-Energy infrastructure is outdated and underinvested and unfit for country the size of US: Vienna Energy Research Group Chair
25.02.2021 Electricity , Natural Gas , Oil , Renewable , Americas

Turkey's gas imports up 15.6% in December 2020

- Total natural gas consumption in December shows 16.6% year-over-year growth
25.02.2021 Natural Gas , Turkey

'Ankara ready to do its part to bring Turkmen gas to Europe'

- Turkey welcomes agreement reached between Turkmenistan, Azerbaijan in Caspian Sea, says Turkish foreign minister
24.02.2021 Natural Gas , Energy Diplomacy , Turkey , Europe , Eurasia , Asia , General

Spot market natural gas prices for Monday, Feb. 22

- 1,000 cubic meters of natural gas on spot market costs 1,212 Turkish liras
23.02.2021 Natural Gas , Turkey , General

Spot market natural gas prices for Sunday, Feb. 21

- 1,000 cubic meters of natural gas on spot market costs 1,204 Turkish liras
23.02.2021 Natural Gas , Turkey

Spot market natural gas prices for Saturday, Feb. 20

- 1,000 cubic meters of natural gas on spot market costs 1,214 Turkish liras
22.02.2021 Natural Gas , Finance , Turkey , General

Spot market natural gas prices for Friday, Feb. 19

- 1,000 cubic meters of natural gas on spot market costs 1,218 Turkish liras
21.02.2021 Natural Gas , Turkey

Spot market natural gas prices for Thursday, Feb. 18

- 1,000 cubic meters of natural gas on spot market costs 1,206 Turkish liras
19.02.2021 Natural Gas

US LNG vessel arrives in Turkey on Feb. 18

- Castillo De Caldelas vessel reaches destination in Turkey on Thursday
19.02.2021 Lng/Lpg , General

Turkey to invest 780M TL in gas facility in Black Sea

- 155-kilometer-long pipeline will connect from new subsea gas production facility to onshore natural gas processing plant
20.02.2021 Natural Gas , Turkey

Turkey, Azerbaijan aim $15B trade volume by 2023

- 2 countries are important political, trade partners, says Turkish vice president
19.02.2021 Natural Gas , Energy Diplomacy , Energy Projects

Spot market natural gas prices for Wednesday, Feb. 17

- 1,000 cubic meters of natural gas on spot market costs 1,210 Turkish liras
18.02.2021 Natural Gas , Turkey

Algerian LNG vessel to arrive in Turkey on February 21

- Vessel is sailing under flag of Bahamas
18.02.2021 Lng/Lpg , Turkey , General

US: Gas demand rises sharply amid freezing weather

- 4.5M power outages in Texas alone, 20% of US refinery capacity shut down in Gulf Coast
18.02.2021 Natural Gas , Americas

SOCAR mulls hydrogen supply to Europe via TANAP

- 20% of pipeline capacity can be used for hydrogen transportation without any additional investments, top official says
18.02.2021 Natural Gas , Turkey , Europe , Eurasia

Spot market natural gas prices for Tuesday, Feb. 16

- 1,000 cubic meters of natural gas on spot market costs 1,216 Turkish liras
17.02.2021 Natural Gas , Turkey

US: Bitter cold weather triggers energy squeeze

- Almost 154M – half of US population – under some type of weather alert, more than 5M without electricity
17.02.2021 Electricity , Natural Gas , Oil , Americas

Spot market natural gas prices for Monday, Feb. 15

- 1,000 cubic meters of natural gas on spot market costs 1,224 Turkish liras
17.02.2021 Natural Gas

Spot market natural gas prices for Sunday, Feb. 14

- 1,000 cubic meters of natural gas on spot market costs 1,217 Turkish liras
16.02.2021 Natural Gas , Turkey

Spot market natural gas prices for Saturday, Feb. 13

- 1,000 cubic meters of natural gas on spot market costs 1,221 Turkish liras
15.02.2021 Natural Gas , Turkey

Spot market natural gas prices for Friday, Feb. 12

- 1,000 cubic meters of natural gas on spot market costs 1,230 Turkish liras
14.02.2021 Natural Gas , Turkey , General

Spot market natural gas prices for Thursday, Feb. 11

- 1,000 cubic meters of natural gas on spot market costs 1,232 Turkish liras
12.02.2021 Natural Gas , Turkey , General

Turkey to use first gas from Black Sea in Q1, 2023

- Turkey will construct 150-kilometer-long subsea pipeline from field to the Filyos shore in Zonguldak
13.02.2021 Natural Gas , Finance , Energy Projects , Turkey , General

TANAP is epitome of Turkey and Azerbaijan's cooperation

- Turkey received 9.4 billion cubic meters (bcm) of natural gas through TANAP as of Thursday, Turkish energy minister says
12.02.2021 Natural Gas , Turkey , Asia

Spot market natural gas prices for Wednesday, Feb. 10

- 1,000 cubic meters of natural gas on spot market costs 1,233 Turkish liras
11.02.2021 Natural Gas , Turkey

Petrostates could face $9T revenue gap in 20 years

- Accelerating energy transition and falling oil and gas demand leave 40 petrostates with need to diversify their economies
12.02.2021 Natural Gas , Oil

Spot market natural gas prices for Tuesday, Feb. 9

- 1,000 cubic meters of natural gas on spot market costs 1,228 Turkish liras
10.02.2021 Natural Gas , Turkey , General

Qatar to construct world's largest LNG project

- Project, one of largest energy investments over past years, will raise LNG production by 43% annually to 110 million tons
11.02.2021 Natural Gas , Energy Security , Energy Projects , Middle East-Africa

US LNG vessel arrives in Turkey on Feb. 9

- LNG Abalamabie vessel reaches destination in Turkey on Tuesday
10.02.2021 Lng/Lpg , Americas , General

Spot market natural gas prices for Monday, Feb. 8

- 1,000 cubic meters of natural gas on spot market costs 1,224 Turkish liras
09.02.2021 Natural Gas , Turkey

Spot market natural gas prices for Sunday, Feb. 7

- 1,000 cubic meters of natural gas on spot market costs 1,224 Turkish liras
08.02.2021 Natural Gas , Turkey

Turkey's power output from gas up 21% due to drought

- With more tangible drought in last three months, 48.2% growth was seen in share of natural gas plants in power generation
09.02.2021 Electricity , Natural Gas , Turkey

Algerian LNG vessel arrives in Turkey

- Lalla Fatma N'Soumer vessel reaches destination at Turkey's Marmara Ereglisi LNG terminal on Monday morning
08.02.2021 Lng/Lpg , Turkey , General

Turkey's daily power consumption down 8.6% on Feb. 7

- Electricity exports amount to 6,635 megawatt-hours, while imports totaled 4,176 megawatt-hours
08.02.2021 Natural Gas , Turkey

Nigerian LNG vessel arrives in Turkey on Feb. 6

- LNG Bonny II vessel reaches its destination in Turkey on Saturday
08.02.2021 Lng/Lpg , Turkey , General

Spot market natural gas prices for Saturday, Feb. 6

- 1,000 cubic meters of natural gas on spot market costs 1,231 Turkish liras
08.02.2021 Natural Gas , Turkey

Spot market natural gas prices for Friday, Feb. 5

- 1,000 cubic meters of natural gas on spot market costs 1,244 Turkish liras
07.02.2021 Natural Gas , Turkey

Spot market natural gas prices for Thursday, Feb. 4

- 1,000 cubic meters of natural gas on spot market costs 1,243 Turkish liras
05.02.2021 Natural Gas , Turkey , General

US LNG vessel to arrive in Turkey on February 8

- Vessel is sailing under Bermuda flag
05.02.2021 Lng/Lpg , Americas , General

Spot market natural gas prices for Wednesday, Feb. 3

- 1,000 cubic meters of natural gas on spot market costs 1,250 Turkish liras
04.02.2021 Natural Gas , Finance , Turkey , General

Spot market natural gas prices for Tuesday, Feb. 2

- 1,000 cubic meters of natural gas on spot market costs 1,258 Turkish liras
03.02.2021 Natural Gas , Turkey

Nigerian LNG vessel to arrive in Turkey on February 6

- Vessel is sailing under flag of Bermuda
04.02.2021 Lng/Lpg , Turkey , Middle East-Africa , General

Spot market natural gas prices for Monday, Feb. 1

- 1,000 cubic meters of natural gas on spot market costs 1,263 Turkish liras
02.02.2021 Natural Gas , Turkey

Spot market natural gas prices for Sunday, Jan. 31

- 1,000 cubic meters of natural gas on spot market costs 1,271 Turkish liras
01.02.2021 Natural Gas , Turkey

Nigerian LNG vessel arrives in Turkey on Feb. 1

- LNG Adamawa vessel reaches its destination in Turkey on Monday
02.02.2021 Natural Gas , Oil , Lng/Lpg , Turkey , Middle East-Africa

US LNG vessel arrives in Turkey on Jan. 30

- Rioja Knutsen vessel reaches destination in Turkey on Saturday
02.02.2021 Lng/Lpg , Turkey , Americas , General

Spot market natural gas prices for Saturday, Jan. 30

- 1,000 cubic meters of natural gas on spot market costs 1,275 Turkish liras
31.01.2021 Natural Gas , Finance , General

Spot market natural gas prices for Friday, Jan. 29

- 1,000 cubic meters of natural gas on spot market costs 1,281 Turkish liras
31.01.2021 Natural Gas , Turkey

Spot market natural gas prices for Thursday, Jan. 28

- 1,000 cubic meters of natural gas on spot market costs 1,283 Turkish liras
29.01.2021 Natural Gas , Turkey

US LNG vessel to arrive in Turkey on January 30

- Vessel is sailing under Spanish flag
29.01.2021 Lng/Lpg , Turkey , Americas , General

Algerian LNG vessel arrives in Turkey

- Ougarta vessel reaches destination at Turkey's Marmara Ereglisi LNG terminal on Friday morning
29.01.2021 Lng/Lpg , Turkey , Middle East-Africa , General

Spot market natural gas prices for Wednesday, Jan. 27

- 1,000 cubic meters of natural gas on spot market costs 1,293 Turkish liras
28.01.2021 Natural Gas , Turkey

Biden to order halt of new oil, gas leasing

- President does not ban controversial fracking practice but take steps to undo much of Trump's energy policies
28.01.2021 Natural Gas , Oil , Americas

Spot market natural gas prices for Tuesday, Jan. 26

- 1,000 cubic meters of natural gas on spot market costs 1,290 Turkish liras
27.01.2021 Natural Gas , Lng/Lpg

Global gas demand expected to rise by 2.8% this year

- Natural gas demand recovery remains fragile for 2021 as uncertainties continue, new IEA report says
28.01.2021 Natural Gas

S&P warns 13 oil and gas firms of lower credit ratings

- Rating agency says oil and gas companies are under threat of energy transition, price volatility, and weaker profitability
28.01.2021 Natural Gas , Oil , International Organization , World

US LNG vessel arrives in Turkey on Jan. 27

- Maran Gas Sparta vessel reaches destination in Turkey on Wednesday
27.01.2021 Lng/Lpg , Turkey , Americas , General

Turkey's gas imports up 32.1% in November 2020

- Total natural gas consumption in November grows 33% year-over-year
28.01.2021 Natural Gas , Turkey

Nigerian LNG vessel arrives in Turkey on Jan. 26

- LNG Kano vessel reaches destination in Turkey on Tuesday
28.01.2021 Lng/Lpg , Turkey , Middle East-Africa , General

Spot market natural gas prices for Monday, Jan. 25

- 1,000 cubic meters of natural gas on spot market costs 1,293 Turkish liras
27.01.2021 Natural Gas , Turkey , General

Turkey's LPG imports up 1.06% in November 2020

- LPG production decreases to 85,386 tonnes with a year-on-year drop of 0.96%, according to Turkey's energy watchdog
26.01.2021 Lng/Lpg , Turkey

'Fatih' to drill in Turkali-2 well next month at latest

- Turkey's first drillship arrived at new destination in Black Sea on Sunday, Energy Minister Fatih Donmez says
26.01.2021 Natural Gas , Turkey

Spot market natural gas prices for Sunday, Jan. 24

- 1,000 cubic meters of natural gas on spot market costs 1,292 Turkish liras
25.01.2021 Natural Gas , Turkey

BP delivers LNG for downstream customers in China

- BP develops business model to provide more LNG to China and to increase access to downstream gas markets, says BP official
25.01.2021 Lng/Lpg , Asia , General

Clean energy shares outperform fossil fuel stocks

- Clean energy companies become new energy giants, as stocks reach their highest levels since 2008 financial crisis
26.01.2021 Natural Gas , Oil , Renewable

Spot market natural gas prices for Saturday, Jan. 23

- 1,000 cubic meters of natural gas on spot market costs 1,297 Turkish liras
24.01.2021 Natural Gas , Finance , General

Spot market natural gas prices for Friday, Jan. 22

- 1,000 cubic meters of natural gas on spot market costs 1,296 Turkish liras
24.01.2021 Natural Gas , Turkey

Spot market electricity prices for Saturday, Jan. 23

- Energy Exchange Istanbul (EXIST) data shows electricity market trade volume amounts to 167.5 million Turkish liras
23.01.2021 Electricity , Natural Gas

Spot market natural gas prices for Thursday, Jan. 21

- 1,000 cubic meters of natural gas on spot market costs 1,305 Turkish liras
22.01.2021 Natural Gas , Turkey

Asian spot LNG prices jump due to cold weather, low gas stock

- Asian spot LNG prices increase 16-fold, reaching $32.5 mmBtu in January
23.01.2021 Lng/Lpg , Asia

Azerbaijan, Turkmenistan sign deal on Caspian hydrocarbon field

- Two neighbors sign deep-water friendship agreement on joint exploration and development of field in Caspian Sea
22.01.2021 Natural Gas , International Relations

2020 marks a year of highest gas flow via TANAP

- Pipeline contributes considerably to Turkey's natural gas supply security, Turkish energy minister says
22.01.2021 Natural Gas , Energy Diplomacy , Turkey

Spot market natural gas prices for Wednesday, Jan. 20

- 1,000 cubic meters of natural gas on spot market costs 1,314 Turkish liras
21.01.2021 Natural Gas

Libya records 92% loss of oil, gas revenues in 2020

- NOC struggles to control oil fields, storage tanks, pumping stations, pipelines and ports, and lacks money for repairs
21.01.2021 Natural Gas , Oil , Energy Security , Middle East-Africa

US LNG vessel arrives in Turkey on Jan. 21

- Gaslog Salem vessel reaches destination in Turkey on Thursday
22.01.2021 Lng/Lpg , Turkey , Americas , General

Spot market natural gas prices for Tuesday, Jan. 19

- 1,000 cubic meters of natural gas on spot market costs 1,320 Turkish liras
20.01.2021 Natural Gas , Turkey , General

Aygaz enters LPG business in Bangladesh via new partner

- Thanks to partnership agreement with United Enterprises, Aygaz will be entering Asian markets, CEO says
21.01.2021 Lng/Lpg , Invesments , Turkey , Asia

Turkey hits record high gas consumption on Jan. 19

- Daily natural gas consumption reaches historic high of 280 million cubic meters
21.01.2021 Natural Gas , Turkey , General

US sanctions Nord Stream 2 pipelaying vessel "Fortuna"

- US has long opposed the project, claiming it would threaten Europe's energy security
21.01.2021 Natural Gas , Energy Diplomacy , Eurasia , Americas

Gazprom warns Nord Stream 2 is at risk of cancellation

- Political changes in various regions can affect such projects, says Gazprom
19.01.2021 Natural Gas , Eurasia , General

Spot market natural gas prices for Monday, Jan. 18

- 1,000 cubic meters of natural gas on spot market costs 1,307 Turkish liras
19.01.2021 Natural Gas , Turkey

Turkey hits record high gas consumption on Jan. 18

- Daily natural gas consumption reaches historic high of 274 million cubic meters
20.01.2021 Natural Gas , Turkey , General

Rising LNG demand to curb supply glut in 1H21: Fitch

- Rating agency says cold winter in northern hemisphere has contributed in normalization of volumes of gas in European storage facilities
19.01.2021 Lng/Lpg , World

Spot market natural gas prices for Sunday, Jan. 17

- 1,000 cubic meters of natural gas on spot market costs 1,300 Turkish liras
18.01.2021 Natural Gas , Turkey

Russia's gas revenue down 41.8% between Jan-Nov 2020

- Russia's gas export revenue declines to $22 billion in first eleven months of 2020
18.01.2021 Natural Gas , Oil , Finance , Eurasia , General
  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11

  • Highlights of Turkish energy market in 2020
1 / 1

Highlights of Turkish energy market in 2020

  • up
Anadolu Agency

Corporate

  • History
  • Editorial Guideliness
  • Social Media Policies
  • Executive Team
  • Domestic Offices
  • International Offices
  • Media Center
  • Contact
  • Quality Management
  • Privacy and Cookies Policy
  • Information Policy
  • Diary
  • Coronavirus Infection Map
  • Subscription Requests
  • Announcement Service

  • Company News
  • Finance Terminal
  • Anadolu Images
  • Energy Terminal
  • News Academy

mobile services

  • IPhone Application
  • IPad Application
  • Android Application
  • Windows Application
We use cookies in a limited and restricted manner for specific purposes. For more details, you can see "our data policy".
Accept
© Anadolu Agency 2021