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ANALYSIS - 'Belt and Road' project: China's new vision and Turkey

- Does the Belt and Road project really have the potential to introduce a Chinese alternative to the established world order?

home > Energy Projects, Asia 15.11.2017 11:15

ANALYSIS - 'Belt and Road' project: China's new vision and Turkey

U.S. President Donald Trump's 13-day Asia tour, which began on Nov. 5 with Japan and includes, first and foremost, China, South Korea, Vietnam, and the Philippines, is already signaling that the U.S. is drawing up a new Asian strategy.

Although it is suggested that the visit is outwardly based on the goal of creating a coordination and business alliance to take tougher measures against North Korea, this 13-day diplomacy tour by Trump, the longest Asian tour ever taken by a U.S. president since George H. W. Bush's 12-day visit in 1991, is dropping major hints about the discomfort the U.S. is feeling towards the recent transformation in power balances in Asia.

One such hint is that the region, defined to date by Washington as "Asia-Pacific", began to be conceptualized as the "Indo-Pacific region" starting from before this visit. We may say that the most important reason for this visit as well as the conceptual transformation accompanying it -- beyond the ostentatious North Korean threat -- directly relates to containing or controlling the rise of China, which is now following a global trajectory after its spread over Asia.

The aspect of this Chinese rise that will pose the greatest challenge to the U.S.' position as a superpower is the Belt and Road project, which is China's global strategic partnership vision with pragmatic foundations and a win-win strategy as opposed to the security-related tensions in the Asia-Pacific region.

Does the Belt and Road project really have the potential to introduce a Chinese alternative to the established world order? What countries, multilateral structures and regions constitute the main partners of the project?

And how important are Turkey and the Baku-Tbilisi-Kars (BTK) railroad project to this massive undertaking, considering that the current final destination of this project (Kars) is a Turkish province?

- Is Belt and Road main pillar of China's new world vision?

At a time when the basic paradigms of the international order are being questioned once again, China is the focal point of almost every other analysis because of its position in the international hierarchy and because it is seen as possessed of the greatest potential to develop new alternatives.

Indeed, it would not be wrong to argue that China has in recent years been transforming its infrastructure-based activities and foreign aid-based activities, which it has independently carried out for many years, especially in the neighboring regions, into a formula for a new vision of the world.

What is currently on display in the showcase of this vision, being advertised in an increasingly audible and visible fashion since the 2000s, is -- as it is called now -- "Belt and Road", which was originally called "One Belt, One Road" (OBOR) by Chinese President Xi Jinping when he first announced it in 2013.

As was stressed by Xi Jinping during his long speech at the 19th Communist Party Congress held in October, China is now seeking to shape its global strategy in search of a "new" order in a "new" era.

In this context, while consolidating its new geo-economic and geo-strategic stance in its foreign policy, China, with its new pragmatic approach of regionalism and inter-regionalism, is offering an inclusive model based on a win-win mentality as opposed to the Western-origin conditional/normative integration projects that are becoming less appealing by the day in the international system; an inclusive model that the countries the model is being offered to can accept and adopt more easily.

Through this project, which is trying to connect Asia, Europe and Africa together with land and sea routes and economic corridors, China takes interest in not only the infrastructure projects that would provide the said connections; it also considers steps towards policy cooperation, the joining together of activities, unimpeded trade, financial integration and establishing ties between peoples among the project's goals; steps that will hopefully facilitate the efforts to keep these connections smooth and operational.

The project, which will connect the Chinese hinterland to Europe by road via Central Asia, will also be connecting Chinese ports to Europe by sea, calling at ports in South East Asia and Africa. In addition to these, the project will incorporate the economic corridors of China-Mongolia-Russia, New Eurasia, China-Central Asia-Western Asia, China-Pakistan, Bangladesh-China-India-Myanmar and China-the Indochina Peninsula.

In addition to massive investment agreements signed to date, worth hundreds of billions of dollars, the Silk Road Fund and the Asian Infrastructure Investment Bank, established by China to finance the project, provide significant clues about the holistic structure of the project. Likewise, China's emphasis on the safety of all roads and transit routes within the framework of the project is one of the important dimensions of this pragmatic approach regarding the sustainability of the project.

In fact, this project can be regarded as the locomotive of Xi Jinping's vision of becoming an equal superpower alternative to the U.S.; a vision that took Jinping years to formulate; a vision that has been carrying China above and beyond being merely a regional hegemon in Asia.

One of the first balancing efforts of the U.S. under Trump in the face of such a possibility [of China becoming the new superpower] came in the form of steadily growing convergence with India and Japan.

By signaling that Australia could as well be invited to come onboard, U.S. Secretary of State Rex Tillerson gave the first signals of the steps they have planned to take against China's grand vision or strategy.

Well, with this convergence taking place in Asia-Pacific through the American driving force, what countries and which multilateral groupings and regions does China prioritize?

- Strategic partners of 'Belt and Road'

China, as already mentioned, offers a global partnership strategy based on a win-win concept with the Belt and Road project, where each country can be a stakeholder regardless of normative conditions or loyalties.

The sheer number of the countries taking part in the project -- 69 so far, including China -- demonstrates the degree to which the Belt and Road project has been received favorably in such a short time in comparison to other infrastructure and strategic vision projects on the scene.

Another important point that needs to be emphasized here is that China has been trying to activate the Belt and Road project not only through the bilateral relations it has developed but through the regional and interregional multilateral structures, such as the Shanghai Cooperation Organization (SCO), ASEAN + China, the Asia-Pacific Economic Cooperation Forum (APEC), the Asia-Europe Summit, the Asia Cooperation Dialogue, the Conference on Interaction and Confidence-Building Measures, the Chinese-Arab Cooperation Forum, the China-Gulf Cooperation Council Strategic Dialogue, the Economic Partnership of Greater Mekong Sub-Region, and the Central Asian Regional Economic Cooperation (CAREC).

The key strategic partners of the Belt and Road will be Central Asian countries through which the land links that will constitute the main pillar of the project pass, and of them, three countries stand out: Kazakhstan, Kyrgyzstan and Uzbekistan, which were participants of the Belt and Road Forum last May.

In the discussions at the Forum, the railway link between China-Kyrgyzstan-Uzbekistan had come to the forefront as the most important infrastructure project that the project promises for the future of Central Asia.

Outside of China, Pakistan and Indonesia particularly stand out among those countries home to a number of projects already launched as part of China's massive initiative. China signed agreements with Indonesia, already one of the economic corridors of the project, for the financing of over 50 projects, especially in 2015.

Africa is the most important region that stands out in terms of the sea routes of the project. Djibouti, Ethiopia, Gabon, Ghana, Kenya, Mozambique, Egypt, Senegal, Tanzania, and Tunisia are among the areas where the project takes on the greatest intensity continent-wise.

In the African leg of the project, Egypt stands out particularly, because China sees the Suez Canal as one of the most important transit points of the project and is already one of the biggest investors in the development of the canal.

In short, with the Belt and Road project, China is creating strategic partnerships in Central Asia, South East Asia, and Africa as the basis for its new foreign policy vision.

Where does Turkey stand in this partnership vision and what are Turkey's main concerns?

- What is Turkey's position with regard to 'Belt and Road'?

The "Belt and Road International Cooperation" forum, also known as the "Modern Silk Road", held on May 14-15, 2017 in Beijing with the participation of the heads of states and governments of 29 countries, including Turkey, is an important cornerstone to understand the project's expectations from Turkey, Turkey's actual capacity as well as the current difficulties it has.

Unlike most European states, Turkey has high expectations from this mega trade and transportation project, considered the most important project of this century. More than anything else, this project seems to overlap with Turkey's own development goals and the new role it has designed for itself as well as the ideological infrastructure of this role in the changing post-western international system, in which power and competition are gradually shifting from the Global North to the Global South.

It is undoubtedly not a surprising development that Turkey has been seeking new alternatives and partnerships in international politics in this new era marked by ups and downs in its relations with the West, and following a strategy of convergence with China, the most powerful state of the Global South, because of a dwindling capital flow owing to these ups and downs.

Beyond the economic and commercial expectations -- they are surely of the main reasons behind Turkey's interest in the Belt and Road project -- the growing closeness between Turkey and China will create a geopolitical and strategic impact on a regional and global scale.

We can additionally mention the positive contributions that may arise from the project to Turkey's regional and global leverage, the roles it plays, and its international image. Indeed, President Recep Tayyip Erdogan's statement just before the Belt and Road Forum -- "Our convergence with China will create a significant impact in the world" -- illustrates the above observation.

In which leg of the project is Turkey situated and how does it contribute to it? We need to first mention the Baku-Tbilisi-Kars railway, whose construction began in 2007. It was inaugurated at the Port of Baku in Alat two weeks ago and is situated at the middle belt of the Iron Silk Road, which aims to establish an uninterrupted link between Beijing and London.

Another initiative is also worth mentioning: a high-speed train project, planned between Edirne and Kars [the northwestern-most and northeastern-most provinces of Turkey, respectively] as an extension to the BTK line. It will cost a total of $30 billion.

Turkey is making an important contribution to the Iron Silk Road, having completed the middle belt of the Beijing-London line with the Marmaray [the world's first undersea railway] and the Yavuz Sultan Selim Bridge -- the third on the Bosporus Strait -- both of which had been designed as part of the Iron Silk Road.

The BTK railway has a total length of 838 kilometers, 76 kilometers of which passes through Turkey, 259 through Georgia and the rest 503 through Azerbaijan. It is envisaged that this line will be initially carrying one million passengers and 6.5 million tons of cargo annually.

It is planned that the BTK line, whose current capacity is expected to increase to 3 million passengers and 17 million tons of cargo annually, will be carrying Chinese merchandise to the Caspian Sea and Baku's Alat Port by way of Kazakhstan and Turkmenistan, and eventually to Europe through Georgia and Turkey.

Another feature of the BTK is that it will shorten the China-Europe route by about 7,000 kilometers, given that all railways from China to Europe currently go through Russia. Thus, bypassing Russia will reduce the overall duration of this long route to 15 days. In the same manner, with this new project, it is estimated that a significant portion of the freight traffic between China and Europe will shift from Russia to this particular route.

- Turkey's reservations, and expectations from China

Turkey, on the other hand, does have its concerns about China's historic project. Despite acting less warily of the project than its European allies, Turkey is focusing on the possibility that the project might further widen the already yawning gap in the import-export balance of its trade with China.

According to the Turkish Statistical Institute's (Turkstat) figures on 2016, Turkey's imports from China stood at $25 billion whereas its exports to it were worth a mere $2.3 billion. What is striking here is, Turkey's exports to China have gradually decreased since 2013 while its imports have remained around the same level.

Again, according to Turkstat data, Chinese exports have also seen a gradual decrease since 2013 whereas its imports have remained around the same levels. According to Turkish officials, this 10-fold difference between exports and imports is far from sustainable.

Therefore, Turkey must increase its exports to China to equal at least a half of its imports to strike a desirable balance, and the two countries must reach an agreement for China to offer Turkey greater access to its domestic market.

Likewise, we observe that Turkey, just like its European allies, is expecting China -- an advocate of globalization and liberalization in economics -- to lift the quotas and restrictions on foreign investors in its domestic market and to discard the rules that favor its own domestic companies with greater advantages.

All these concerns set aside, given the economic corridors in the Belt and Road project and the initiatives China has separately established with certain countries, it is clear that China is conferring an important role on Turkey, albeit not a primary or pivotal one.

In general, it can be assessed that Turkey's role in the project is being shaped by how the Chinese-Russian competition is reflected on Central Asia, Caucasia and the Middle East, a region Turkey is a part of.

With this project, China is containing its two chief rivals Russia and India with secure alternative routes, through which it is creating itself new spheres of trade and security. In the same way, it can be predicted that China will try and negate the Trans-Pacific Partnership (from which it has been excluded), whose infrastructure saw completion during the Obama era. This partnership envisages that the U.S. can enjoy free trade with Southeast Asian and Oceania countries even though President Donald Trump claims that the U.S. will withdraw from it.

When assessing the Turkey leg of the project, we need to consider these geo-economic elements as well as all other dimensions, including security. Such a comprehensive assessment is very important if we do not wish for this win-win mentality -- the primary reason for the project -- to turn into a loss for Turkey.

Last but not least, the Belt and Road project might as well serve as an example of similar transportation and transit routes that Turkey may consider developing on its own initiative in the years to come and of the new initiatives of regionalism that it may help to shape.

By Emel Parlal Dal

- The writer is an associate professor at Istanbul Marmara University’s Department of International Relations

* Opinions expressed in this article are the author’s own and do not necessarily reflect the editorial policy of Anadolu Agency.


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21.02.2024 Natural Gas , Energy Projects

Locations of 9 trapped miners found, rescue operations underway: Turkish minister

Tests on water and soil samples from area indicate no public health threat to personnel currently working on site, Türkiye’s energy minister confirms
19.02.2024 Energy Projects

Türkiye vows to strengthen ties with Venezuela on energy, mining

- Ankara aims to further expand relations with South American country with partnerships in energy, says Alparslan Bayraktar during visit to Caracas
02.02.2024 Energy Projects

Türkiye's energy cooperation with UAE to open doors to new technologies

- $27-billion deal signed in August between Türkiye and United Arab Emirates also contributes to goal of achieving carbon neutrality by 2053
05.02.2024 Renewable , Energy Diplomacy , Energy Projects

Turkish, Emirati ministers discuss energy cooperation

Bayraktar and Alsuwaidi discuss road map for realization of bilateral energy agreements signed last year
23.01.2024 Energy Projects

Norway aims to remain at forefront of Europe's energy security: State Secretary

- Norway's focus is to continue as reliable and long-term supplier of energy to Europe, says Elisabeth Saether
21.01.2024 Natural Gas , Energy Diplomacy , Energy Projects , General

Global markets to spend $1 trillion on LNG projects in next decade

- Capital investment for export projects is estimated at $878 billion and $190 billion for import projects
16.01.2024 Lng/Lpg , Projects , Energy Projects , General

Türkiye ready for cooperation in unleashing Libya's energy potential: Turkish energy minister

- Stressing long-standing partnership between Türkiye, Libya, Alparslan Bayraktar says this alliance could be expanded into energy sector
15.01.2024 Oil , Energy Diplomacy , Energy Security , Energy Projects

Türkiye aims at becoming one of top 5 nations producing rare earth minerals: Energy minister

World's second-largest rare earth element reserve discovered in Eskisehir in 2022
26.12.2023 Energy Projects

Equinor sells its shares in Azerbaycan to SOCAR

-Company says decision is part of re-shaping of its international oil and gas business
24.12.2023 Natural Gas , Oil , Finance , Invesments , International Relations , Energy Projects

Angola’s decision to quit OPEC raises concerns over group’s market management

- Other countries like United Arab Emirates may follow suit, indicating cracks among 13-member group, Iranian expert Fereydoun Barkeshli says
24.12.2023 Oil , Finance , Energy Diplomacy , Energy Security , International Relations , International Organization , Energy Projects

EBRD to fund €150M in support of Ukraine's electricity provision

- Signing of loan contributes to €520 million total package already provided by EBRD since Russian-Ukrainian war last year
19.12.2023 Electricity , Finance , Invesments , International Relations , Energy Projects

COP28 tentative climate deal calls for moving away from fossil fuel

- Final session of climate summit likely to be held later today
13.12.2023 Renewable , Finance , International Relations , International Organization , Energy Projects

Türkiye targets $5 billion wind energy investments by 2028

- Estimated installed power potential is between 120,000 megawatts and 150,000 megawatts for onshore projects
13.11.2023 Electricity , Coal , Wind , Energy Projects

Cargill and BAR Technology test revolutionary wind tech for maritime industry

- Collaboration between Cargill, BAR Technologies, Mitsubishi Corporation and Yara Marine Technologies has potential to decarbonize cargo vessels by up to 30%
21.08.2023 Energy Projects , World

Türkiye's daily power consumption up 23.6% on June 14

- Electricity exports amount to 6,316 megawatt-hours and imports total 12,377 megawatt-hours
15.06.2023 Electricity , Coal , Energy Projects

Chevron posts $6.6 billion profit in 1Q23

-Second-largest US oil company's Q1 revenue totals $50.8 billion compared to $54.4 billion during first quarter last year
01.05.2023 Energy Projects , Europe

Italian Eni reports almost €2.4 million profit in 1Q23

- Company's revenue for January-March 2023 period reaches €27.6 billion compared to €32.5 billion for same quarter last year
30.04.2023 Natural Gas , Energy Projects , Europe

Türkiye's energy import bill down 30.5% in March

- Country's crude oil imports decrease 5.2% compared to March 2022
29.04.2023 Electricity , Oil , Energy Projects , Türkiye

Pre-licenses for renewables based storage projects in Türkiye to spur $1.5 of initial investment

- Final investment figure forecast to reach $40–45 billions
10.04.2023 Electricity , Wind , Energy Projects , Türkiye , General

Moscow insists on 'objective' investigation of Nord Stream pipeline blasts with Russian participation

- One-sided, subjective versions do not explain anything, says secretary of Russian Security Council
15.03.2023 Natural Gas , International Relations , Energy Projects , Eurasia

Aramco signs letter of intent with Geely and Renault to join low-emission fuel tech. company

- Aramco will contribute to key R&D across synthetic fuels solutions and next-gen hydrogen technologies through collaboration
03.03.2023 Renewable , Projects , International Relations , Energy Projects , Europe

Spanish companies join forces to build photovoltaic solar panels

- First large-scale solar panel factory to be located in northern Spanish town of Langreo
22.02.2023 Solar , Invesments , Energy Projects , Europe

Chevron signs MoU with Egypt on methane management

- Egypt aims to reduce methane emissions from its oil and gas sector
22.02.2023 Renewable , Invesments , Energy Projects , Middle East-Africa

bp enters South Korea offshore wind market with new joint venture

- bp acquires 55% stake in Deep Wind Offshore's early-stage offshore wind portfolio
17.02.2023 Renewable , Wind , International Relations , Energy Projects , Europe , Asia

Polish charity helps those suffering with energy bills

- As cost-of-living crisis hits Poles, Poland’s biggest charity still needed to step into gaps left by government
24.01.2023 Electricity , Natural Gas , Energy Projects , Europe

Türkiye's daily power consumption up 2.25% on Jan. 10

- Electricity exports amount to 8,498 megawatt-hours and imports total 28,370 megawatt-hours
12.01.2023 Electricity , Coal , Energy Projects

EU oil ban, price cap estimated to cost Russia €160 million per day: Study

- Additional measures banning imports of oil products from Russia as of Feb. 5 expected to cost country further €120 million
11.01.2023 Oil , Energy Diplomacy , Energy Projects

Türkiye's boron sales reach record $1.3 billion in 2022

- Country holds a share of 62% of sales in boron market globally
29.12.2022 Energy Projects , Türkiye

Türkiye's daily power consumption up 13.5 % on Dec. 26

- Electricity exports amount to 8,877 megawatt-hours and imports total 29,396 megawatt-hours
27.12.2022 Electricity , Coal , Energy Projects

Turkish companies excited for possible US partnership in small nuke reactors

- Türkiye can utilize construction skills to partner on global modular nuke project installations: US nuclear advisor
24.12.2022 Nuclear , Projects , International Relations , Energy Projects , Türkiye , Americas

Jordan, Israel, UAE sign MoU to swap solar power for water

- Jordan is second most water-scarce country in the world
09.11.2022 Electricity , Natural Gas , Oil , International Organization , Energy Projects

Energean finds 13 billion cubic meters of gas off Israel

-Discovery comes after Israel, Lebanon sign deal to demarcate their maritime border
07.11.2022 Energy Security , International Organization , Energy Projects

Germany takes more energy saving measures amid crisis

- Restaurants brace themselves against price increases, city of Ludwigshafen to switch off street lighting, Sparkasse bank changes strict clothing regulations
07.11.2022 Natural Gas , Energy Security , International Organization , Energy Projects , Europe

UN Secretary General calls for 'Climate Solidarity Pact' between developed and emerging economies

- Warning that 1.5 degree target is "on life support", Guterres says all countries can make extra efforts to reduce emissions, but US and China bear disproportionate share of blame
08.11.2022 Wind , Geothermal/Biomass , Energy Diplomacy , Energy Security , International Organization , Energy Projects

Norway warns against ‘energy nationalism’ in Europe

- Prime Minister Jonas Gahr Store says cooperation between countries is essential to avoid some European countries being left behind
03.11.2022 Energy Security , Energy Projects

UAE and US sign $100 billion clean energy partnership

- Investments in projects to add 100 gigawatts of clean energy globally by 2035
02.11.2022 Renewable , Energy Security , Energy Projects

Speed limits, 'car-free days' could help Germany overcome energy crisis, says Audi CEO

- Germans must rethink their changing lives, says Markus Duesmann, noting 'early signs' of decline in European orders
26.10.2022 Energy Diplomacy , International Organization , Energy Projects , Europe

Spot market electricity prices for Thursday, Oct. 27

- Energy Exchange Istanbul (EXIST) data shows electricity market trade amounts to 1.66 billion Turkish liras
26.10.2022 Thermal , Coal , Energy Projects

Media has great responsibility in shaping climate discourse: Anadolu Agency editor-in-chief

- 'We as journalists, are highly motivated to take a deeper understanding of the role that media plays' in changing discourse on climate change, Anadolu Agency’s deputy director-general says in Environment Forum in Istanbul
20.10.2022 International Organization , Energy Projects , Türkiye

Türkiye aims to become 1 of top 3 solar photovoltaic producers globally

- Installed solar power capacity rose from 40 megawatts in 2014 to more than 8,000 megawatts in 2022, Kalyon PV CEO says
21.10.2022 Solar , Stock Market , Energy Diplomacy , Energy Projects , Türkiye

Ukraine's Zaporizhzhia nuclear plant lost all external power for 2nd time, says IAEA chief

- Plant's backup diesel generators now provide electricity for its nuclear safety, security functions, says Rafael Grossi
12.10.2022 Nuclear , Energy Security , Energy Projects , Europe

Putin calls Nord Stream pipeline blasts 'act of international terrorism'

- Russian president suggests making TurkStream pipeline principal route for deliveries of Russian gas to Europe
13.10.2022 Natural Gas , Energy Security , Energy Projects , Europe

Namibia, Zambia sign MoU to develop oil, gas pipeline

- Project will have significant impact on addressing 2 countries and Southern Africa's petroleum availability deficiencies
07.10.2022 Oil , Energy Projects

Biden says US 'looking at alternatives' in wake of OPEC+’s decision to cut oil production

- 'We haven't made up our minds yet,' says US president
07.10.2022 Natural Gas , Oil , Lng/Lpg , Energy Security , Energy Projects , Europe , Americas

European nations brace for winter amid energy crisis

- Bankruptcies at German bakeries, long lines at French gas stations, encouragement for home office work, carpooling in France
08.10.2022 Natural Gas , Energy Diplomacy , Energy Security , Energy Projects , Europe

EU postpones decision on Russian oil ban, says Serbia president

- Decision delayed until Dec. 1, says Aleksandar Vucic, criticizing Croatia over move to include Belgrade in EU sanctions measure against Russia
09.10.2022 Oil , Refining/Petro Chemistry , Energy Projects , Europe

Sabotage suspicions 'strengthened' in Nord Stream leaks, says Sweden

- 'Detonations' cause 'extensive damage' to the Nord Stream 1, Nord Stream 2 gas pipelines, says Swedish Security Service
07.10.2022 Natural Gas , Energy Security , International Organization , Energy Projects

Gazprom resumes gas flow to Italy through Austria

- Russian energy company confirms solution is reached for gas flow to continue to Italy through Austria
06.10.2022 Natural Gas , Lng/Lpg , Energy Security , International Organization , Energy Projects , Europe

German chancellor defends €200B energy fund after criticisms from EU states

- Scholz says other countries also ‘do the same’ to protect citizens, dismisses criticisms that Berlin not showing solidarity with other EU members
05.10.2022 Electricity , Natural Gas , Energy Security , International Organization , Energy Projects , Europe

Europe in energy crisis ahead of winter

- Europe prepares for possible power outages during winter, says official
05.10.2022 Energy Diplomacy , Energy Projects

German power producer RWE to end coal use by 2030

- "We are investing billions of euros to accelerate the energy transition and are ready to phase out lignite by 2030," says RWE CEO
05.10.2022 Energy Projects

Europe’s energy crisis looming

- Schoolchildren in French town to wear coats in class, UK energy watchdog warns of 'significant risk' of gas shortage, Belgium mulls to tax energy companies
04.10.2022 Energy Projects , Europe

High-level Turkish delegation to visit Libya

- Delegation to head to Libya on Monday on instructions of Turkish President Recep Tayyip Erdogan
03.10.2022 Energy Diplomacy , Energy Security , Energy Projects

'Not too late' to conclude nuclear deal with Iran, US says as talks stall

- US holds out hope but blames Iran for not putting 'us in a position to close a deal'
16.09.2022 Nuclear , Energy Security , Energy Projects , Middle East-Africa , General

Japan to ask businesses, households to save energy in winter

- Request would be 1st in 7 years for season
16.09.2022 Electricity , Coal , Energy Projects , Asia

Ethereum finalizes 'The Merge' to lower energy consumption by 99%

- 'The merge will reduce worldwide electricity consumption by 0.2%,' Ethereum creator says
16.09.2022 Electricity , Energy Projects

Polish prime minister unveils plan to cap energy prices

- Government says it will protect all energy consumers from energy price hikes this winter
16.09.2022 Thermal , Coal , Energy Projects

Turkish SMEs see green transition as 'opportunity' but need consulting: Report

- Nearly 40% of companies say they need advice on financing opportunities to plan their production structures, business models
16.09.2022 Energy Diplomacy , Energy Security , International Relations , Energy Projects

Meetings with Türkiye's energy minister, Gulf countries prove positive for gas, renewables cooperation

- Countries hope to cooperate in natural gas trade, oil and gas exploration, and production activities
25.08.2022 Natural Gas , Oil , International Relations , Energy Projects , Türkiye , Middle East-Africa

Türkiye's Energy Minister to attend AA Editor's Desk

- Fatih Donmez to answer questions from AA editors about Turkish and global economy
11.08.2022 Natural Gas , Nuclear , Renewable , Energy Projects , Türkiye

Türkiye's 4th drill ship sets sail for two-month exploratory stint in Med.

- Abdulhamid Han to drill exploration wells in Eastern Mediterranean, Energy Minister says
10.08.2022 Natural Gas , Oil , Energy Projects , Türkiye

Siemens and Doosan plan partnership in Korean offshore wind market

- Companies to explore opportunities in large-scale offshore wind turbines
27.06.2022 Renewable , Wind , International Relations , Energy Projects , Asia

Global energy giants join for carbon capture, storage project in Dutch North Sea

- Large-scale CCS project in Dutch North Sea has potential to store 120-150 million tonnes of carbon
22.06.2022 Natural Gas , Oil , Renewable , International Relations , Energy Projects , Europe

World's first hydrogen-producing offshore wind turbine gets GBP 9.3 million funding

- Hydrogen Turbine 1 aims to be the first project in the world to test the full integration of hydrogen production with an offshore wind turbine
20.05.2022 Electricity , Renewable , Energy Projects

Digital platform VerdeYu to meet hybrid staffing needs in renewable energy

- Additional 200,000 workforce projected to directly and indirectly work on renewables over next 5 years in Turkiye, company CEO says
20.05.2022 Finance , Renewable , Energy Projects

Eni, Air Liquide to team up to decarbonize hard-to-abate industries in Europe

- Air Liquide to develop competitive carbon abatement solutions and Eni to identify most suitable permanent carbon storage locations in Med. Sea
23.03.2022 Renewable , Energy Projects , Europe

Lukoil increases its share in Shah Deniz gas field

- Gas from Shah Deniz is sold to Georgia and Turkey, and delivered to Europe since end of 2020
20.02.2022 Natural Gas , Invesments , International Relations , Energy Projects , Eurasia

UK, Egypt vow to cooperate to fight climate change

- Senior officials affirm 'joint commitment to accelerating the fight against climate change during this critical decade'
18.01.2022 International Relations , Energy Projects , Europe , Middle East-Africa

34.8 billion cubic meters of gas carried through TurkStream in 2 years

- Pipeline was inaugurated on January 8, 2020
10.01.2022 Natural Gas , International Relations , Energy Projects , Türkiye , Europe

Gazprom and Turkiye's BOTAS sign four-year gas deal

- Agreement will cover supply of 5.75 billion cubic meters (bcm) of gas a year to BOTAS via TurkStream pipeline
07.01.2022 Natural Gas , International Relations , Energy Projects , Türkiye , Eurasia

$812 million finance deal signed for Turkey's largest solar power plant

- Currently, 550 megawatts of installed capacity is completed for Karapınar Solar Power Plant Project
01.12.2021 Solar , Projects , Invesments , Energy Projects , Türkiye

Turkey, Nigeria plan to sign deals on hydrocarbons, mining, energy sectors

- Trade volume between Turkey and Nigeria reaches $2 billion at end of 2020
09.10.2021 International Relations , Energy Projects , Türkiye , Middle East-Africa

Paris Agreement's ratification launches new climate policy era in Turkey

- Turkey expected to adopt new emissions-cutting goals, action plans after lawmakers ratified Paris deal, say climate groups
08.10.2021 Regulation , International Relations , Energy Projects , Europe

Shipping associations propose levy to reduce carbon emissions

- Levy is based on mandatory contributions by ships trading globally that exceed 5,000 gross tonnage for each tonne of CO2 emitted
08.09.2021 Energy Projects , World

'Global warming may push temperatures in Turkey up by some 6.5 degrees in 80 years’

-Global warming to continue even after 2100, which could lead to mercury soaring 3.5-6.5 degrees, says expert
11.08.2021 Solar , Renewable , Energy Projects , Türkiye

Planet undergoing 'irreversible' changes from global warming: UN climate report

- Report by Intergovernmental Panel on Climate Change shows that climate change is 'rapid, widespread, intensifying'
10.08.2021 Renewable , Energy Projects

Turkey's energy import bill up 131% in June 2021

- Overall energy import bill increases in June due to rise in country's industrial production
02.08.2021 Natural Gas , Oil , Energy Projects , Türkiye

Scandinavian, American heatwaves and European rainfall sparking catastrophes, says global weather office

- World Meteorological Organization says Finland saw record June temps, American heat casued by ‘human-made climate change’
19.07.2021 Renewable , Energy Projects , Europe

US oil rig count up by 2 for week ending July 16

- Number of US oil rigs rise by 200 compared to one year ago
19.07.2021 Oil , Stock Market , Energy Projects , Americas

Iraq urges Iran to respect its water rights amid dispute

-Iraq depends on Tigris and Euphrates rivers, which account for more than 90% of its freshwater
13.07.2021 Energy Security , Energy Projects , Middle East-Africa

Turkey's energy import bill up 143.8% in May 2021

- Overall energy import bill increases in May due to rise in country's industrial production
01.07.2021 Oil , Coal , Stock Market , Energy Projects , Türkiye

Turkey's first publicly-owned FSRU project inaugurated

- Ertugrul Gazi vessel will be able to meet 8.2% of daily natural gas capacity supplied to the grid system
27.06.2021 Electricity , Lng/Lpg , Energy Diplomacy , Energy Security , International Organization , Energy Projects , Türkiye

Black Sea gas discovery to strengthen Turkey's hand: expert

- Turkey's discovery should allow lower imports prices from Russia because of better negotiation position, says Oxford expert
13.06.2021 Natural Gas , Oil , Lng/Lpg , Energy Diplomacy , International Organization , Energy Projects , Türkiye

Iraq to double its crude supply to Lebanon to 1 million tons per year

- Iraq's oil support decision was first agreed upon during visit in February to country by Lebanese Energy Minister
10.06.2021 Oil , Energy Security , Energy Projects , Middle East-Africa
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