• Anadolu Agency
  • Electricity
    • Nuclear
    • Thermal
    • Coal
  • Natural Gas
    • Upstream
    • Downstream
    • Lng/Lpg
  • Oil
    • Upstream
    • Downstream
    • Refining/Petro Chemistry
  • Renewable
    • Wind
    • Solar
    • Hydro
    • Geothermal/Biomass
  • Finance
  • Regulation
    • Oil
    • Electricity
    • Natural Gas
    • Renewable
    • LPG
  • Energy Diplomacy
    • Energy Security
    • International Relations
    • International Organization
    • Energy Projects
  • other
    • News from companies
    • Energy Meetings
    • Video
  • Türkçe
  • English
Anadolu Agency Anadolu Agency
  • Anadolu Agency
  • Electricity
    • Nuclear
      UK pledges £14.2 billion to support construction of Sizewell C nuclear power plant

      UK pledges £14.2 billion to support construction of Sizewell C nuclear power plant

      Global electricity generation from renewables and nuclear surpasses 41% in 2024

      Global electricity generation from renewables and nuclear surpasses 41% in 2024

      Vilnius unveils emergency evacuation plan amid military and nuclear threat concerns

      Vilnius unveils emergency evacuation plan amid military and nuclear threat concerns

      Russia, Ukraine accuse each other of disrupting IAEA rotation at Zaporizhzhia plant

      Russia, Ukraine accuse each other of disrupting IAEA rotation at Zaporizhzhia plant

    • Thermal
      Türkiye says power system strong amid European blackout

      Türkiye says power system strong amid European blackout

      Türkiye's daily power consumption down 1.8% on April 26

      Türkiye's daily power consumption down 1.8% on April 26

      Türkiye's daily power consumption up 16.7% on May 22

      Türkiye's daily power consumption up 16.7% on May 22

      Türkiye's daily power consumption increases 1.2% on May 10

      Türkiye's daily power consumption increases 1.2% on May 10

    • Coal
      Türkiye says power system strong amid European blackout

      Türkiye says power system strong amid European blackout

      Global carbon emission storage facilities double in 5 years

      Global carbon emission storage facilities double in 5 years

      Trump seeks to revive coal industry and reverse long-term decline with new orders

      Trump seeks to revive coal industry and reverse long-term decline with new orders

      Highlights of Türkiye's energy market in 2024

      Highlights of Türkiye's energy market in 2024

  • Natural Gas
    • Upstream
      Spot market natural gas prices for Tuesday, Nov. 5

      Spot market natural gas prices for Tuesday, Nov. 5

      Global natural gas investments to reach almost $9 trillion by 2050

      Global natural gas investments to reach almost $9 trillion by 2050

      Spot market natural gas prices for Thursday, Jan. 5

      Spot market natural gas prices for Thursday, Jan. 5

      Turkish president announces more gas reserves found in Black Sea

      Turkish president announces more gas reserves found in Black Sea

    • Downstream
      Spot market natural gas prices for Thursday, April 17

      Spot market natural gas prices for Thursday, April 17

      Türkiye's natural gas imports up 17.7% in October

      Türkiye's natural gas imports up 17.7% in October

      Costs double as oil and gas discoveries decline in global markets

      Costs double as oil and gas discoveries decline in global markets

      Global gas production to increase by around 32% by 2050

      Global gas production to increase by around 32% by 2050

    • Lng/Lpg
      Global LNG exports rise 3.1% in 1st quarter on soaring EU demand

      Global LNG exports rise 3.1% in 1st quarter on soaring EU demand

      Cold winter drives gas price spikes, LNG inflows to Europe: Oxford

      Cold winter drives gas price spikes, LNG inflows to Europe: Oxford

      Türkiye's LPG production down 4.2% in January

      Türkiye's LPG production down 4.2% in January

      Utilisation of EU LNG terminal plunges to 42% in 2024

      Utilisation of EU LNG terminal plunges to 42% in 2024

  • Oil
    • Upstream
      Oil production in Türkiye's eastern region breaks first record in 2024

      Oil production in Türkiye's eastern region breaks first record in 2024

      Oil up in w/e Dec. 15 on demand optimism, central bank interest rate decisions

      Oil up in w/e Dec. 15 on demand optimism, central bank interest rate decisions

      US crude oil inventories down 1% for week ending Dec. 8

      US crude oil inventories down 1% for week ending Dec. 8

      US oil rig count up for week ending Dec. 8

      US oil rig count up for week ending Dec. 8

    • Downstream
      US oil rig count down by 8 for week ending May 23

      US oil rig count down by 8 for week ending May 23

      US oil rig count down by 6 for week ending June 28

      US oil rig count down by 6 for week ending June 28

      Oil dives as weak US inflation data dashes hopes for interest rate cuts

      Oil dives as weak US inflation data dashes hopes for interest rate cuts

      Oil rebounds over US plans to refill emergency stockpiles

      Oil rebounds over US plans to refill emergency stockpiles

    • Refining/Petro Chemistry
      US oil rig count down by 9 for week ending April 11

      US oil rig count down by 9 for week ending April 11

      Oil giants' profits slide 15.1% to $182.1 billion in January-September

      Oil giants' profits slide 15.1% to $182.1 billion in January-September

      Oil prices up on expectations of supply delay from OPEC+, recession fears in US

      Oil prices up on expectations of supply delay from OPEC+, recession fears in US

      Oil prices rise in week ending Aug.30 amid falling US inventories

      Oil prices rise in week ending Aug.30 amid falling US inventories

  • Renewable
    • Wind
      Global wind power capacity sees record growth in 2024

      Global wind power capacity sees record growth in 2024

      Solar and wind permanently overtakes domestic coal in Türkiye's power generation

      Solar and wind permanently overtakes domestic coal in Türkiye's power generation

      Türkiye showcases its wind energy potential at WindEurope 2025 in Copenhagen

      Türkiye showcases its wind energy potential at WindEurope 2025 in Copenhagen

      Türkiye's wind energy sector poised for steady growth: head of Turkish Wind Energy Assoc.

      Türkiye's wind energy sector poised for steady growth: head of Turkish Wind Energy Assoc.

    • Solar
      Chile launches largest solar plant with battery storage in Latin America

      Chile launches largest solar plant with battery storage in Latin America

      Türkiye's daily solar power generation hits highest level of year

      Türkiye's daily solar power generation hits highest level of year

      China set to surpass 50% of global solar capacity in 2025

      China set to surpass 50% of global solar capacity in 2025

      Solar and wind permanently overtakes domestic coal in Türkiye's power generation

      Solar and wind permanently overtakes domestic coal in Türkiye's power generation

    • Hydro
      Hydropower's role expands amid soaring global electricity demand

      Hydropower's role expands amid soaring global electricity demand

      China set to build world's largest dam in Tibet

      China set to build world's largest dam in Tibet

      TotalEnergies expands renewables portfolio with hydropower deals across Africa

      TotalEnergies expands renewables portfolio with hydropower deals across Africa

      Türkiye leads Europe with highest rise in hydropower capacity last year

      Türkiye leads Europe with highest rise in hydropower capacity last year

    • Geothermal/Biomass
      Highlights of Türkiye's energy market in 2024

      Highlights of Türkiye's energy market in 2024

      Climate crisis to push 150M more Africans into poverty by 2050, experts warn

      Climate crisis to push 150M more Africans into poverty by 2050, experts warn

      Taiwan starts drilling of 1st deep geothermal well

      Taiwan starts drilling of 1st deep geothermal well

      Türkiye sets new record for daily power consumption with 1.34% increase on July 9

      Türkiye sets new record for daily power consumption with 1.34% increase on July 9

  • Finance
    • Deflationary trend continues in consumer, producer prices in China

      Deflationary trend continues in consumer, producer prices in China

      Spot market natural gas prices for Saturday, May 31

      Spot market natural gas prices for Saturday, May 31

      Pakistan plans to allocate 2,000 megawatts of electricity for Bitcoin mining, AI data centers

      Pakistan plans to allocate 2,000 megawatts of electricity for Bitcoin mining, AI data centers

      Spot market electricity prices for Tuesday, May 20

      Spot market electricity prices for Tuesday, May 20

      Aramco posts 4.8% drop in Q1 net income amid lower oil prices

      Aramco posts 4.8% drop in Q1 net income amid lower oil prices

  • Regulation
    • Oil
      OPEC+ agrees to extend group-wide output cuts into 2025

      OPEC+ agrees to extend group-wide output cuts into 2025

      Libya Energy & Economic Summit 2024 to kick off in Tripoli

      Libya Energy & Economic Summit 2024 to kick off in Tripoli

      OPEC+ countries announce daily voluntary output cuts by 2.2 million barrels

      OPEC+ countries announce daily voluntary output cuts by 2.2 million barrels

      Brazil joins OPEC+ as group confirms 3.6 million barrels per day output cut

      Brazil joins OPEC+ as group confirms 3.6 million barrels per day output cut

    • Electricity
      Spot market electricity prices for Sunday, Dec. 3

      Spot market electricity prices for Sunday, Dec. 3

      ExxonMobil drills first lithium well in Arkansas in aim to become major player in EV sector

      ExxonMobil drills first lithium well in Arkansas in aim to become major player in EV sector

      Spot market electricity prices for Thursday, June 8

      Spot market electricity prices for Thursday, June 8

      High rollout of electric vehicles could earn UK drivers £6.5B more by 2035

      High rollout of electric vehicles could earn UK drivers £6.5B more by 2035

    • Natural Gas
      Spot market natural gas prices for Friday, Dec. 1

      Spot market natural gas prices for Friday, Dec. 1

      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

    • Renewable
      UK vows energy cooperation with US despite climate policy rift: Energy minister

      UK vows energy cooperation with US despite climate policy rift: Energy minister

      Türkiye's wind, solar energy share in installed electricity capacity reaches 30% in Q125

      Türkiye's wind, solar energy share in installed electricity capacity reaches 30% in Q125

      Türkiye's renewable share in electricity capacity rises to 60%

      Türkiye's renewable share in electricity capacity rises to 60%

      Global leaders of energy sector to convene at İstanbul Energy Forum

      Global leaders of energy sector to convene at İstanbul Energy Forum

    • LPG
      Türkiye's LPG production up 12.4% in March

      Türkiye's LPG production up 12.4% in March

      Türkiye's LPG production down 4.3% in December 2024

      Türkiye's LPG production down 4.3% in December 2024

      Türkiye's LPG production down 25% in April 2024

      Türkiye's LPG production down 25% in April 2024

      Türkiye's LPG production up 15% in December 2023

      Türkiye's LPG production up 15% in December 2023

  • Energy Diplomacy
    • Energy Security
      EU gas imports to fall 25% by 2030 as bloc exceeds demand reduction targets

      EU gas imports to fall 25% by 2030 as bloc exceeds demand reduction targets

      Former Lithuanian FM warns Russia's shadow fleet threatens EU security

      Former Lithuanian FM warns Russia's shadow fleet threatens EU security

      Turkmen natural gas set to reach Türkiye on March 1

      Turkmen natural gas set to reach Türkiye on March 1

      Turkmen gas agreement boosts Türkiye's role in regional energy trade: Experts

      Turkmen gas agreement boosts Türkiye's role in regional energy trade: Experts

    • International Relations
      Libya hosts investor meeting in Istanbul for major oil, gas bid round

      Libya hosts investor meeting in Istanbul for major oil, gas bid round

      Albania, Italy, UAE sign deal on green energy cooperation

      Albania, Italy, UAE sign deal on green energy cooperation

      Experts: Iran's intensifying energy bottleneck drives country into multifaceted crisis

      Experts: Iran's intensifying energy bottleneck drives country into multifaceted crisis

      Türkiye, UK partner on ‘Energy and Climate Dialogue’

      Türkiye, UK partner on ‘Energy and Climate Dialogue’

    • International Organization
      Trump's victory shifts focus to US climate, trade policies

      Trump's victory shifts focus to US climate, trade policies

      IMF estimates inflation to gradually decline to target, though emerging market economies to remain in ‘double-digit territory’

      IMF estimates inflation to gradually decline to target, though emerging market economies to remain in ‘double-digit territory’

      US energy agency revises down Brent price forecast for 2024

      US energy agency revises down Brent price forecast for 2024

      Global oil demand growth to fall by half in 2024: Int. Energy Agency

      Global oil demand growth to fall by half in 2024: Int. Energy Agency

    • Energy Projects
      US energy agency slightly revises up Brent price forecast for 2025

      US energy agency slightly revises up Brent price forecast for 2025

      Pakistan, Türkiye sign pact on joint bidding for offshore oil and gas exploration

      Pakistan, Türkiye sign pact on joint bidding for offshore oil and gas exploration

      Syria, Saudi energy company discuss cooperation in agricultural sector

      Syria, Saudi energy company discuss cooperation in agricultural sector

      Turkmen gas agreement boosts Türkiye's role in regional energy trade: Experts

      Turkmen gas agreement boosts Türkiye's role in regional energy trade: Experts

  • other
    • News from companies
    • Energy Meetings
    • Video
  • select language
    • Türkçe
    • English

Highlights of Turkish energy market in 2022

- Extended Black Sea gas exploration and drilling operations, booming renewable energy market were among plenty of hot topics in 2022

home > International Relations, World, Türkiye 27.12.2022 11:34

Highlights of Turkish energy market in 2022

Extended Black Sea gas exploration and drilling operations, accelerated gas supply security efforts amid the global energy crisis, and record-high renewable installations and production marked the top news stories in Türkiye's energy sector in 2022.

This year witnessed Türkiye's accelerated exploration and drilling activities in the Black Sea and the Mediterranean Sea with its three drill ships – Fatih, Kanuni and Yavuz.f

To date, drilling has yielded 540 billion cubic meters of output from the Sakarya Gas Field in the Black Sea. Natural gas flow from the field is expected to reach the processing facility to be established in the coastal town of Filyos in the northern province of Zonguldak in the first quarter of 2023.

As part of this target, the first section of the undersea pipes that will carry the gas from the Sakarya Gas Field was brought to the port of Filyos on Jan. 16.

Turkish Petroleum (TPAO) said on Feb. 3 that it successfully completed all the flow tests in the Turkali-1 well in the Sakarya Gas Field.

The Fatih drill ship started drilling its third exploration well in the Sakarya Gas Field, Energy and Natural Resources Minister Fatih Donmez announced on Feb. 16.

On April 8, the Yavuz drill ship set sail for its first operation in the renowned Turkali-2 well and is responsible for upper well work in the field.

With the Phase I completion in the Black Sea, 10 wells will be drilled, and production is estimated to be around 10 million cubic meters per day. Türkiye plans Phase II with the addition of 20 or 25 wells in the field, allowing total production to reach 40 million cubic meters daily.

On April 20, the natural gas mining investment to be made by TPAO in the Sakarya Gas Field was included in the project-based state aid. The projected fixed investment amount was determined as 145.2 billion Turkish liras ($7.7 billion) and additional employment was determined as 1,018 people.

Türkiye started laying underwater pipes for the Black Sea gas project on June 13. A total of 170 kilometers (105 miles) of pipes will be laid at a water depth of 2,200 meters (7,217 feet).

On July 10, the ship "Castorone" began laying underwater pipes in deep waters in the Black Sea following shallow sections.

Donmez announced on Sept. 20 that 140 km (87 mi) of the 170-km (105.6 mi) pipeline in the deep waters of the Black Sea had been completed.

On Sept. 30, a vessel to lay subsea cables for the Black Sea Gas Field arrived in the Bosphorus in Istanbul before it set sail in a few days for the port of Filyos. As part of the work, about 8,000 workers, 30 vessels and eight helicopters have been deployed on both land and sea.

On Nov. 12, Turkish President Recep Tayyip Erdogan said that the drilling in nine out of 10 wells that make up the first phase in the Sakarya gas field had been completed.

Donmez announced on Nov. 18 that the construction of the transmission lines on the seabed of the Black Sea had been completed.


- 4th drill ship Abdulhamid Han included in fleet

Meanwhile, Türkiye's fourth drill ship for hydrocarbon exploration, anchored in South Korea, started its journey for Türkiye on March 7. The vessel, with seventh-generation advanced technology, has a maximum operating depth of 3,600 meters (11,811 feet), a tower height of 104 meters (341 feet) and a crew capacity of 200.

The fourth drill ship that will join Türkiye's fleet arrived at the port of Tasucu in the country's Mediterranean city of Mersin on May 19.

A send-off ceremony for the first mission of the Abdulhamid Han took place on Aug. 9 and the ship started drilling in the Yorukler-1 well in the Mediterranean on Aug. 17.

TPAO announced on Dec. 5 that the Abdulhamid Han drill ship had started operations at the Tasucu-1 well in the Mediterranean.


- Energy security efforts: Nuclear projects, gas capacity, storage increases

On Jan. 19, Türkiye's daily natural gas consumption broke a record with a total of 288 million cubic meters per day.

To meet the growing demand for energy and mitigate the effects of global energy crisis, the country stepped up efforts to secure gas supplies, as well as to diversify energy sources with nuclear projects.

The foundation of the fourth reactor of the Akkuyu Nuclear Power Plant was laid with a ceremony on July 21.

Rosatom has also started negotiations with Türkiye for the construction of a nuclear power plant in Sinop on the Black Sea coast, Aleksey Likhachev, the director general of the Russian state atomic energy agency Rosatom, said on Oct. 19.

Donmez announced on Oct. 6 that Türkiye and Azerbaijan agreed to double the capacity of the Trans Anatolian Natural Gas Pipeline (TANAP). "Currently, TANAP carries 16 billion cubic meters of gas per year. I hope this capacity will be doubled in a short time, that is, to 32 billion cubic meters," he affirmed.

Operations at Türkiye's Silivri Underground Natural Gas Storage Facility commenced on Dec. 16 with increased capacity. The storage capacity of 3.2 billion cubic meters increased to 4.6 billion cubic meters and the daily production capacity of 28 million cubic meters rose to 75 million cubic meters.

"With the capacity addition, the facility holds the title of Europe's largest storage facility in the seas," Donmez said at the opening ceremony.

The facility will meet all of its electricity needs with a wind turbine with an installed power of 4.2 megawatts, making it the first facility in Türkiye to receive a carbon footprint certificate.

The facility is expected to meet 25% of Türkiye's daily gas needs during intense winter days.


- Türkiye-Algeria to form exploration company for oil, gas

Donmez announced on Nov. 11 that Türkiye and Algeria would establish a joint oil and natural gas exploration company to operate in countries around the region, especially in Algeria.

Both countries reached a consensus on the establishment of a joint company between Sonatrach, the national oil and gas company of Algeria, and Turkish Petroleum, Donmez told Anadolu Agency.

Last year, Algeria and Türkiye embarked on a joint project in the petrochemical field, in which a petrochemical factory was founded in the southern Turkish city of Adana.

The project was initiated in October 2021 with the partnership of Ronesans Holding from Türkiye and Sonatrach.


- Proposal for natural gas trade hub in Türkiye, roadmap preparations

Russian President Vladimir Putin on Oct. 12 said Russia is delivering "not great, but presentable" volumes of gas to Europe via TurkStream and suggested making Türkiye the principal route for deliveries of Russian gas to Europe, adding that an energy hub may be built in Türkiye for this purpose.

Putin's proposal to provide the main route for the shipment of Russia's energy resources through Türkiye is technically possible but should be evaluated, said Donmez on Oct. 12.

Meanwhile Putin on Oct. 13 proposed building a natural gas hub in Türkiye in a meeting with his Turkish counterpart Recep Tayyip Erdogan.

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, "not sky-high," and ruling out "politicization" of the issue.

In the meeting with Erdogan during the Conference on Interaction and Confidence Building Measures in Asia in Astana, Putin praised Türkiye as "the most reliable partner" for gas deliveries to Europe.

Kremlin spokesman Dmitry Peskov said on Oct. 21 that Erdogan supported the idea and gave instructions to immediately start consultations.

Peskov added that TurkStream is a well-working gas system, and as for building the hub, a lot of questions should be resolved before making a final decision about its construction.

On Nov. 4, Donmez said the ministry had taken steps to establish a gas hub in Türkiye and that they would clarify Türkiye's roadmap by the end of the year.

Meanwhile, Russian Deputy Prime Minister Alexander Novak said on Aug. 5 that an agreement had been reached on a partial transition to rubles in natural gas trade payments between Türkiye and Russia. The sides were expected to gradually switch to national currencies.


- Renewables: YEKA, wind and solar production records, wind energy investment record

Türkiye achieved a record high annual capacity increase in wind energy in 2021 with the addition of approximately 1,750 MW, according to the Turkish Wind Energy Association (TWEA) data.

A previous record increase in annual wind energy capacity was reached in 2016 with 1,248 MW.

Türkiye's installed total wind power capacity reached 10,750 MW by the end of 2021, with the number of wind energy projects in operation totaling 270.

The country's wind energy investments reached €1 billion ($1 billion) at the end of last year.

While the electricity produced from wind energy in Türkiye reached an all-time high on Nov. 22 with 204,305 MWh, wind power plants ranked first with a share of 25% in production.

Türkiye's geothermal energy capacity has reached 1.67 billion MW with power plants located in six provinces, according to the ministry data on April 23.

Meanwhile, biomass energy has reached a capacity of 2,102 MW with power plants in 73 provinces.

On Aug. 31, Donmez announced that a record had been broken in electricity generation from wind and solar in July, with nearly 4.2 billion kilowatt-hours and 2 billion kWh, relatively. The amount of electricity produced from wind and solar constituted 21.6% of the total production for the first time.

Renewable Energy Resource Zone (YEKA) tenders continued to be the main drivers of renewables growth in 2022. The Energy and Natural Resources Ministry declared 59 areas in 32 provinces as YEKA areas based on solar energy on Feb. 3.

The ministry declared 18 areas in 21 provinces as YEKA regions based on wind energy on Nov. 26.


- Domestic oil discovery, production

Türkiye has discovered 150 million barrels of net oil reserves in southeastern Mount Gabar, valued at $12 billion, Erdogan announced on Dec. 12, dubbing the discovery "one of the top 10 onshore discoveries in 2022."

With the discovery, Türkiye's proved oil reserves increased from 450 million barrels to 600 million barrels.

The Turkish president also announced the discovery of $1 billion worth of oil reserves in the Cukurova field in the southern Adana province on June 28.

The quantity of recoverable oil from the field is expected to reach up to 8 million barrels, according to Donmez.

He recalled that just four or five years ago, daily oil production by the state company for drilling and exploration, TPAO, was 37,000 barrels but it has now slightly exceeded 60,000 barrels.

Meanwhile, TPAO broke a record in domestic production by reaching a daily oil equivalent of 62,000 barrels on July 8.


- Amasra mine explosion

At least 41 workers lost their lives in a coal mine blast on Oct. 14 in the Amasra district of northern Bartin province in Türkiye.

The blast is one of the deadliest industrial disasters in the country's recent history. In May 2014, as many as 301 workers were killed at a coal mine blasthas in the Aegean province of Manisa.

By Ebru Sengul Cevrioglu and Firdevs Yuksel

Anadolu Agency

energy@aa.com.tr


related news

US crude oil inventories down by 0.8% for week ending June 6
Capital flow in AI nearly tripled energy startup investments in 2024
US energy agency slightly revises up Brent price forecast for 2025
UK pledges £14.2 billion to support construction of Sizewell C nuclear power plant
Türkiye's daily power consumption up 7.21% on June 9
Türkiye's daily power consumption up 4.22% on June 8
Facebook Facebook Twitter Google LinkedIn

Libya hosts investor meeting in Istanbul for major oil, gas bid round

- 'This is the first bid round of its kind in the past 17 years, featuring new and attractive contractual terms for investors,' says Libya's oil and gas minister
18.04.2025 Natural Gas , Oil , International Relations

Albania, Italy, UAE sign deal on green energy cooperation

- Strategic partnership aims to boost cooperation between 3 countries in fields of renewable energy and energy infrastructure
16.01.2025 International Relations

Experts: Iran's intensifying energy bottleneck drives country into multifaceted crisis

- Energy disruptions and industrial shutdowns are jeopardizing Iran's economy and disrupting daily life, according to experts
10.01.2025 Electricity , Energy Diplomacy , International Relations

Türkiye, UK partner on ‘Energy and Climate Dialogue’

-Ankara and London partner on 'Energy and Climate Dialogue' to advance clean energy transition, development of low-carbon hydrogen economy, grid modernization, regional interconnections, and small modular reactors
03.12.2024 International Relations

Türkiye aiming for carbon neutrality in 30 years: Energy minister

- 'Türkiye is one of the major countries with which we want to establish more trade and energy partnerships,' says German climate minister
29.11.2024 International Relations

Minister Bayraktar led bilateral energy meetings with international counterparts in US

-Alparslan Bayraktar met with counterparts during Gastech 2024 to discuss cooperation opportunities in bid to strengthen supply security
19.09.2024 International Relations , General

Traditional energy security policies could change due to increasing renewables use

- Process of transitioning away from fossil fuel-based system set to change dynamics of energy trade
07.05.2024 Renewable , International Relations

Azerbaijan gas to be transported to Hungary via Türkiye

With move, Hungary becomes Türkiye first non-bordering country for natural gas exports
19.02.2024 Natural Gas , International Relations

Qatarenergy and Excelerate Energy seal 15-year LNG supply deal for Bangladesh

- Effective January 2026, deals covers delivery of LNG to floating storage and regasification units in Bangladesh
30.01.2024 Lng/Lpg , International Relations

International firms pledge to advance sustainable energy in Libya

- Officials at major energy companies operating in Libya speak summit which is focal point for evaluating investment opportunities in country
16.01.2024 International Relations , General

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

Red Sea LNG tanker disruptions may bear long-term economic risks: Analysts

- Rising tension in Red Rea, one of world’s most significant energy chokepoints, jeopardizes supplies of global oil, oil products, LNG
25.12.2023 Natural Gas , Oil , Finance , Invesments , Energy Security , International Relations , International Organization

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

Hungary hardens position on Bulgaria's Schengen bid as Budapest charges extra tax for Russian gas

- Hungarian foreign minister warns of "physically impossible" energy supply if gas flows from Russia are interrupted
19.12.2023 Natural Gas , Finance , Energy Diplomacy , Energy Security , International Relations

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

Germany calls for closer energy cooperation between EU, African countries

- Germany will import large quantities of green hydrogen from Africa to achieve climate neutrality by 2045, Scholz says
21.11.2023 Renewable , International Relations

Hungary calls Bulgaria's decision to raise transit fees for Russian natural gas 'act of hostility'

- 'Bulgaria's latest step of increasing natural gas transit fees for Hungary, Serbia, and North Macedonia with an ultimatum is a step of hostility,' says Foreign Minister Peter Szijjarto
18.11.2023 Natural Gas , International Relations , Europe

Türkiye is part of Europe in continent's aim to boost wind energy

- Best option for Europe and Türkiye is 'made in Europe', 'made in Türkiye', head of WindEurope says
14.11.2023 Renewable , International Relations , Türkiye , Europe

Oil prices up amid rising supply concerns

- Ongoing conflict between Israel and Palestine heightens concerns that clashes might escalate into regional turmoil, disrupting oil supply routes
02.11.2023 Oil , International Relations , Americas , Middle East-Africa

Oil up with ongoing Israel-Palestine conflict, fear of supply disruptions

- Concerns remain about whether Israel will launch a ground operation in Gaza
24.10.2023 Oil , International Relations , Middle East-Africa

US relieves sanctions on Venezuelan oil after election deal

- Sanctions relief comes after government, opposition agreement on 2024 Venezuelan presidential elections
19.10.2023 Oil , International Relations , Americas

Türkiye signs deal for natural gas exports to Moldova

- Deal comes on heels of latest gas export agreement between Türkiye and Romania signed on Wednesday
29.09.2023 Natural Gas , International Relations , Türkiye , Europe

Renewables and hydrogen highlighted for Türkiye-Japan cooperation: Japan's ambassador

- Bilateral relations can also be improved in mining sector, Takahiko Katsumata, ambassador of Japan says
27.09.2023 Renewable , Nuclear , International Relations , Türkiye , Asia

Mild winter 'crucial' for EU after turning away from Russian gas

-EU energy markets face turmoil having cut off ties with Russian gas and are now hoping for warm winter to avoid last year’s record high gas prices
23.09.2023 Natural Gas , International Relations , Europe , Eurasia

Türkiye could see power generation from 1st nuke plant sooner than planned

- Akkuyu Nuclear Power Plant will have power generation capacity of 35 billion kilowatt-hours upon completion of all four units
02.09.2023 Nuclear , International Relations , Türkiye

Turkish, Iraqi energy ministers to cooperate for reopening of Iraq-Türkiye pipeline

- Both ministers underline importance of resuming oil flow through pipeline as soon as possible
23.08.2023 Oil , International Relations , Türkiye , Middle East-Africa

Türkiye signs deal to export natural gas to Hungary

- This will be the first time Türkiye sells natural gas to a European country that is not one of its neighbors
22.08.2023 Natural Gas , International Relations , Türkiye , Europe

Northern Sea Route garnering attention as fast, efficient trade route

- Cargo load via Northern Sea Route set to reach 80 million tons in 2024, up from 34.1 million tons in 2022
18.08.2023 International Relations , International Organization , Eurasia , Asia

BRICS offers decentralized alternative to globalization promoted by West

-Experts say BRICS states led by Russia could even provide alternate economic group to replace International Money Fund and World Bank
03.08.2023 Finance , International Relations , International Organization

Experts say Russia hails Türkiye's peaceful efforts as its energy facilitator role gaining ground

- Despite pressure on Türkiye as NATO member, it managed to walk fine line between Russia and western countries owing to its “wise leadership, says head of Russian association of trade unions of Russia
31.07.2023 Finance , International Relations , International Organization , Eurasia , Middle East-Africa

LNG saves day as EU scrambles to substitute missing Russian gas supplies

- With outbreak of Russian-Ukraine war, LNG becomes critical in bridging energy gap with increased demand from EU
19.07.2023 Lng/Lpg , International Relations , Europe

Russia-Africa Summit to kick off in St. Petersburg on July 27

- Summit will hold discussions and panels on politics, security, economic relations, science and technology, and cultural and humanitarian issues
19.07.2023 International Relations , International Organization , World

Saudi investment minister invites Turkish firms to participate in Vision 2030

- Turkish, Saudi companies able to cooperate in many fields, says Khalid Bin Abdulaziz Al-Falih
18.07.2023 Invesments , Energy Diplomacy , International Relations , Türkiye , Middle East-Africa

Türkiye, Saudi Arabia sign deals on investment, defense, energy, communications

- Agreements signed after delegation meetings chaired by President Erdogan, Saudi crown prince
19.07.2023 Energy Diplomacy , International Relations , Türkiye , Middle East-Africa

OPEC says global oil supply rises in June

- Share of OPEC crude oil in total global production decreases 0.1 percentage points to stand at 27.9% in June
14.07.2023 Oil , International Relations , World

US oil rig count down for week ending June 2

- Number of US oil rigs fall by 19 compared to one year ago
04.06.2023 Oil , Finance , International Relations

EU improves economic forecast due to lower energy prices

- Population expected to consume less as inflation exceeds rise in wages
16.05.2023 Electricity , International Relations , International Organization , Europe

14th Kazan Forum to kick off next week

- 3-day international event, of which Anadolu Agency is global communication partner, will be held in Kazan, Tatarstan from May 18-20
16.05.2023 International Relations , International Organization , Eurasia

France, Japan ink nuclear cooperation deal

- Deal committed to strengthening collaboration in exploration of next-generation nuclear technology, including sodium-cooled fast reactors, says French Energy Ministry
05.05.2023 Nuclear , International Relations , Europe , Asia

Russian delegation to visit Tehran for cooperation in oil, gas, petrochemical sectors

- Russian delegation will also attend opening ceremony of Iran Oil Show 2023 to be held between May 17-20
26.04.2023 Natural Gas , Oil , International Relations , Eurasia

European leaders vow to boost North Sea green energy production

- Leaders pledge to aim for 120GW of offshore wind capacity by 2030 in North Sea, northern seas
25.04.2023 Renewable , International Relations , Europe

EU, Norway sign deal on clean energy transition

- Green Alliance vows to reduce greenhouse gas emissions, support environmental protection
25.04.2023 Renewable , Renewable , Energy Diplomacy , International Relations , Europe

Russia plans to ‘sabotage’ power supply in Nordic countries, say experts

- Putin identifying scapegoats ahead of planned counteroffensive, say officials and experts
20.04.2023 Renewable , International Relations , Eurasia

Bangladesh to make loan payment for Russian nuclear plant in China's yuan

- Loan repayments of Bangladesh halted after Western sanctions excluded Russia from SWIFT int'l payment system
19.04.2023 Finance , Nuclear , International Relations

British Harbour Energy, bp to develop carbon capture and storage project

- Project is estimated to meet one-third of UK's target to capture and store up to 30 million tons of CO2 a year by 2030
11.04.2023 Renewable , Finance , International Relations , International Organization , Europe

US, Bangladesh eye joint efforts to deal with climate crisis

- Top diplomats of Bangladesh, US meet in Washington, DC, discuss Rohingya repatriation
12.04.2023 Renewable , International Relations , International Organization , Asia , Americas

Kazakhstan starts arbitration proceedings against oil majors over revenues

- Lawsuits have been filed in interest of people of Kazakhstan, says country’s energy minister
12.04.2023 Oil , International Relations , Middle East-Africa

OPEC+ output cut may push Brent oil price to $110 per barrel: experts

- Oil majors' recent output decision aims to keep prices at around $80 a barrel, says Kpler’s Matt Stanley
05.04.2023 Oil , International Relations , International Organization , World

OPEC+ cuts risk increasing oil prices, straining tight oil market, IEA says

- Substantial oil production cuts announced by OPEC+ come during period of heightened uncertainty for global oil markets and economic outlook: Int'l Energy Agency
04.04.2023 International Relations , International Organization , World

Russia will not let Nord Stream probe ‘off the hook’: Foreign minister

- Moscow's request for UN-led inquiry into last year's explosions was not approved by Security Council
01.04.2023 Natural Gas , International Relations , Eurasia

Ford enters nickel deal with 2 Asian companies for electric vehicle batteries

- Three-way project aims to produce up to 120 kilotons per year of lower-cost nickel used in EV batteries
31.03.2023 Electricity , Invesments , International Relations , Asia

EU warns of more sanctions if Russia deploys nukes in Belarus

- Moscow’s latest plan poses ‘direct threat to European security,’ says EU spokesman
27.03.2023 Nuclear , International Relations , Europe , Eurasia

Kremlin says Western reactions won't dislodge plans to deploy tactical nuclear weapons in Belarus

- EU, NATO have described Moscow’s move as ‘dangerous’, a violation of nonproliferation practices
27.03.2023 International Relations , Middle East-Africa

Russia accuses US journalists of 'coordinated' Nord Stream fake news push

- American media 'deliberately' spreading fake news to cover up truth, protect real perpetrators, says Russian Embassy in US
18.03.2023 International Relations , World

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

US plans to break China's dominance over critical minerals via Africa

- US officials worried about China becoming 'an OPEC of one' in critical minerals, according to The Economist story
15.03.2023 Energy Diplomacy , International Relations , Asia , Americas

Ukraine says diplomatic talks with Russia on Zaporizhzhia nuclear plant at ‘dead end’

- Any negotiations regarding Zaporizhzhia should be based on plant's demilitarization, exit of Rosatom employees from plant, says Ukrainian energy minister
07.03.2023 Nuclear , International Relations , 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

TotalEnergies acquires Spanish CEPSA's upstream assets in Abu Dhabi

- Acquisitions in line with TotalEnergies' strategy to focus on low-cost, low emission assets
02.03.2023 Oil , Projects , International Relations , Europe , Middle East-Africa

bp pulse and APCOA to build over 100 EV hubs across Europe

- Drivers will be able to enjoy beverages and lounge with Wi-Fi while waiting for their vehicles to charge
03.03.2023 Renewable , International Relations , Europe

TotalEnergies signs deal to supply clean energy to South Africa-based operations

- Once operational in 2025, plants will supply around 850 gigawatts of green electricity per year
24.02.2023 Wind , Solar , Projects , Invesments , International Relations , Europe , Middle East-Africa

LG, Ford, and Koc Holding collaborate to manufacture battery cells in Türkiye

- Battery cell production set to start in 2026 at factory located near Turkish capital
23.02.2023 Renewable , Projects , Invesments , International Relations , Türkiye

TotalEnergies, Corio join forces to develop offshore wind farms in Taiwan

- Two companies hold long-standing partnership having previously teamed up for windfarms in Scotland, England, South Korea and France
17.02.2023 Wind , Projects , International Relations , Asia

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

IEA calls on energy sector to provide urgently needed supplies for Türkiye's quake-hit region

- Transformers, portable solar power generators, LPG for rural communities, electric heaters, container homes and Arctic tents are urgently needed, says Birol
14.02.2023 Solar , International Relations

Oil flow resumes in Türkiye's Dortyol and Ceyhan Terminals after Monday's twin quake

- Operations return to normal in oil terminals and pipelines affected by earthquakes in Türkiye's eastern cities
13.02.2023 Oil , International Relations , Türkiye

Serbia, Hungary establish strategic cooperation in energy sector

- Goal is to diversify sources of energy supply and increase gas supply from Azerbaijan, says Serbian energy minister
08.02.2023 Projects , International Relations , Europe

EU ban on Russian oil products could be counterproductive for energy markets: Experts

- Western countries stockpiled products in advance, negative impacts may not be seen 'immediately'
07.02.2023 Oil , Transportation/Fuel Oil , International Relations , World

Türkiye provides reliable and apt route for EU energy supply security: Energy Min.

- Country ready for partnership and cooperation to integrate green energy into Southern Gas Corridor
04.02.2023 Electricity , Natural Gas , International Relations , Türkiye , Europe

EU needs lower gas demand, 90% storage level to get through next winter

- EU will manage this winter even if Russia abruptly halts all pipeline gas flow, Bruegel says
02.02.2023 Natural Gas , International Relations , International Organization , Europe

Azerbaijan, Hungary sign joint declaration on enhanced strategic partnership

- Ministers of 2 countries sign 6 documents on further enhancing cooperation in energy, culture and tourism, food security, migration and space
01.02.2023 International Relations , World

Russia's seaborne crude oil exports down 9% in 1st month of price cap

- Russia's seaborne crude exports dropped 266,000 barrels a day in December after beginning of price cap and embargo by EU
16.01.2023 Oil , International Relations , Europe , Eurasia

Suez Canal Authority refloats ship briefly grounded

- Glory ship runs aground in waterway before tugs of Suez Canal Authority put it to water
10.01.2023 International Relations , World

Türkiye and Bulgaria ink natural gas agreement

- New gas deal covers 13-year period, says Turkish energy and natural resources minister
04.01.2023 Natural Gas , International Relations , Türkiye , Europe

Highlights of Turkish energy market in 2022

- Extended Black Sea gas exploration and drilling operations, booming renewable energy market were among plenty of hot topics in 2022
27.12.2022 International Relations , World , Türkiye

Türkiye to step in wave energy with largest ever plant off Black Sea

- Nearly $150 million-project aims to produce clean electricity from sea waves
24.12.2022 Electricity , Renewable , Projects , International Relations , Türkiye , Middle East-Africa

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

Polish PM applauds EU's deal on gas price cap

- European Union nations' energy ministers agree on gas price cap on Monday
21.12.2022 Natural Gas , International Relations , International Organization , Europe

China is set to become Russia's main gas importer to replace EU

- China to boost gas imports from Russia by 50 bln. cubic meters through construction of Power of Siberia 2 pipeline, which is expected to be operational by 2030
14.12.2022 Natural Gas , Projects , Energy Diplomacy , International Relations

Türkiye and Algeria to start joint oil and gas exploration company

- Trade volume between Türkiye and Algeria estimated to reach $5 billion by end of year
12.11.2022 Natural Gas , Oil , Projects , International Relations , Türkiye , Middle East-Africa

Egypt and Norway to establish 100 MW green hydrogen plant on Red Sea

- Green Hydrogen Plant is part of Egypt’s wider green hydrogen strategy to produce as cheaply as possible worldwide
09.11.2022 International Relations , World , Middle East-Africa

Ukraine war, energy crisis 'not a reason to slow down on climate change,' says UK prime minister

- Rishi Sunak tells UN climate change summit COP27 that UK will fulfill climate finance delivery of $13.3B by 2025
08.11.2022 Natural Gas , Oil , International Relations , Europe

UN announces early warning system against climate disasters

- Early warning system will cost $3.1 billion
08.11.2022 International Relations , International Organization , Europe

Europe scrambles to address energy crisis

- Germany plans $83.1B for ‘energy price brakes’ in 2023, takes more energy saving measures amid crisis
08.11.2022 Electricity , Natural Gas , International Relations , Europe

Gripping energy crisis forces Europe to take action

- EU announces €1B energy support package for Western Balkans; soon-to-be-nationalized German energy firm set to build nuclear plant in Sweden
04.11.2022 Electricity , Natural Gas , Oil , International Relations , Europe

Iran, Russia jointly plan to ‘neutralize sanctions’: Iranian oil minister

- Economies of both countries face strict sanctions by western countries
03.11.2022 Oil , International Relations , World , Middle East-Africa

Türkiye prepares to realize long-standing aim to operate as gas hub

- Türkiye is using advantage of strong gas infrastructure with increasing capacity of LNG and underground gas storages
02.11.2022 Natural Gas , International Relations

Türkiye prepares roadmap for gas trade center

- The country's seven natural gas pipelines, five LNG and two underground gas storage facilities contribute to gas hub goal
26.10.2022 Natural Gas , International Relations , Türkiye , Eurasia

Europe’s energy woes drag on as skyrocketing energy bills, strikes hit countries

- German health minister warns of hospital closures due to energy crisis as strikes in France continue
18.10.2022 Electricity , Finance , Energy Diplomacy , International Relations

Libya's prime minister hails hydrocarbons deals with Türkiye

- Abdul Hamid Dbeibeh says his country was pleased to receive delegation from Türkiye and 'to sign several agreements'
04.10.2022 International Relations

Kremlin spokesman calls incident with Nord Streams 'unprecedented act of state terrorism'

- Dmitry Peskov urges international investigation into damage in Nord Stream gas pipelines
01.10.2022 Natural Gas , International Relations , Europe

EU energy ministers agree on emergency measures

- EU ministers reach political deal on reducing energy consumption, taxing energy producers
01.10.2022 Natural Gas , International Relations , Europe

German city to switch off street lighting due to energy crisis

- Increasing number of German cities want to do without street lighting at night after gas supplies from Russia have been interrupted
30.09.2022 Electricity , Natural Gas , International Relations , Europe

NATO chief, German chancellor discuss Nord Stream pipeline sabotage

- Leaders discuss consequences of gas leak, war in Ukraine
30.09.2022 Natural Gas , International Relations , Europe

Energy crisis in Europe hits fertilizer production

- Rise in gas and power prices leads to fear of shortages in agriculture sector due to lower fertilizer production
30.09.2022 Natural Gas , International Relations , Europe

US says Nord Stream leaks acts of 'apparent sabotage'

- Washington’s top diplomat to discuss 'apparent acts of sabotage' with his European counterparts, says State Department
29.09.2022 Natural Gas , International Relations , Europe , Americas

'Sabotage cannot be ruled out' over Nord Stream pipeline leaks: Finnish foreign minister

- Pekka Haavisto says if it is a purposeful act, it is a reminder of 'how careful we need to be and how vulnerable we are'
28.09.2022 Natural Gas , International Relations , Europe

Gas prices in Europe rise after leaks in major pipelines

- Denmark's energy agency confirms detection of three leaks on Nord Stream 1 and Nord Stream 2 gas pipelines
29.09.2022 Natural Gas , International Relations , Europe

EU eases sanctions on Russian coal

- Under new directive, European companies can transport coal from Russia to other countries
21.09.2022 Coal , International Relations , Europe
  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11

  • Highlights of Turkish energy market in 2022
1 / 1

Highlights of Turkish energy market in 2022

  • up
Anadolu Ajansı

Corporate

  • History
  • Editorial Guidelines
  • Social Media Policies
  • Executive Team
  • Domestic Offices
  • International Offices
  • Logos
  • Communication
  • Quality Management
  • Privacy and Cookies Policy
  • Information Policy
  • Diary
  • Subscription Requests
  • Announcement Service

  • Business News
  • Finance Terminal
  • Anadolu Images
  • Energy Terminal
  • AA 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
-