• 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
      US ready to fund viable nuclear energy projects in Türkiye, official says

      US ready to fund viable nuclear energy projects in Türkiye, official says

      Türkiye's Akkuyu nuclear plant attracts investor interest as energy production nears

      Türkiye's Akkuyu nuclear plant attracts investor interest as energy production nears

      Akkuyu Nuclear says commissioning underway for 1st reactor unit

      Akkuyu Nuclear says commissioning underway for 1st reactor unit

      International Atomic Energy Agency ready to 'accompany' African countries on nuclear journey

      International Atomic Energy Agency ready to 'accompany' African countries on nuclear journey

    • 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
      Türkiye's LPG production up 10.1% in April

      Türkiye's LPG production up 10.1% in April

      European energy markets face volatility in 2H25 amid tight LNG supply

      European energy markets face volatility in 2H25 amid tight LNG supply

      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

  • 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 offshore wind capacity hits 83 GW, powering 73 million homes

      Global offshore wind capacity hits 83 GW, powering 73 million homes

      Türkiye's installed wind power capacity soars 177% in decade

      Türkiye's installed wind power capacity soars 177% in decade

      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

    • Solar
      Candidate region selected for Türkiye's first YEKA floating solar power plant

      Candidate region selected for Türkiye's first YEKA floating solar power plant

      Norwegian firm Scatec secures financial close for 1GW solar-battery project in Egypt

      Norwegian firm Scatec secures financial close for 1GW solar-battery project in Egypt

      Chinese JTPV, Turkish Schmid Pekintas to build 5 GW solar cell factory in Türkiye

      Chinese JTPV, Turkish Schmid Pekintas to build 5 GW solar cell factory in Türkiye

      Chile launches largest solar plant with battery storage in Latin America

      Chile launches largest solar plant with battery storage in Latin America

    • Hydro
      Türkiye leads Europe with highest rise in hydropower capacity

      Türkiye leads Europe with highest rise in hydropower capacity

      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

    • 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
    • Global wholesale gas prices average $4.88 per MMBtu in 2024

      Global wholesale gas prices average $4.88 per MMBtu in 2024

      Türkiye's daily power consumption up 4% on June 24

      Türkiye's daily power consumption up 4% on June 24

      Global renewable energy capacity surges 377% over past decade

      Global renewable energy capacity surges 377% over past decade

      Oil down with Fed inflation forecast, easing geopolitical tensions

      Oil down with Fed inflation forecast, easing geopolitical tensions

      Türkiye's daily power consumption up 2.3% on June 19

      Türkiye's daily power consumption up 2.3% on June 19

  • 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
      Global offshore wind capacity hits 83 GW, powering 73 million homes

      Global offshore wind capacity hits 83 GW, powering 73 million homes

      Global energy transition requires $21.4T investment in power grids by 2050

      Global energy transition requires $21.4T investment in power grids by 2050

      Global renewable energy capacity surges 377% over past decade

      Global renewable energy capacity surges 377% over past decade

      Chinese JTPV, Turkish Schmid Pekintas to build 5 GW solar cell factory in Türkiye

      Chinese JTPV, Turkish Schmid Pekintas to build 5 GW solar cell factory in Türkiye

    • 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

EIB's €1.5B financing for TAP to speed up construction

- TAP is one of the largest single capital investment projects currently in Europe, EIB Turkey representative head says

home > Natural Gas, Europe 26.02.2018 09:30 Ebru Şengül

EIB's €1.5B financing for TAP to speed up construction

The approval of the European Investment Bank (EIB) financing for the Trans Adriatic Pipeline (TAP) will contribute positively to the construction of the pipeline and the realization of the Southern Gas Corridor (SGC), Massimo d’Eufemia, head of the EIB Representation for Turkey, told Anadolu Agency (AA) on Monday.

EIB approved €1.5 billion in financing for TAP on Feb. 6, which will transport natural gas from the giant Shah Deniz II field in Azerbaijan to Europe, while the necessary investment required to realize the TAP project is estimated to be around €4.5 billion.

Speaking exclusively to AA, d’Eufemia said that the TAP is one of the largest single capital investment projects currently being undertaken in Europe, however the financing approval of the EIB Board of Directors remains subject to a series of conditions. These are specifically in connection with the outcome of an extensive ongoing environmental and social due diligence process, fiscal transparency, and compliance issues as well as EIB’s wider standard conditionality, he asserted.

"In addition to the EIB contribution, other multilateral development banks and public institutions are expected to approve loans for TAP," d’Eufemia said, adding the TAP consortium will seek to finance the remainder of its funding requirement through the involvement of commercial banks.

He also underlined that the TAP project is a part of the SGC, which is a "key project" for the EU's energy security policy.

"The SGC offers a new source of competitively priced gas for the EU market and increases supply diversity and security of supply. This is necessary in an environment where the dependency of the EU on gas imports is growing," he said.

Gas demand in the EU is projected to decline over the coming decades. Domestic gas resources, however, are projected to decline even faster, according to d’Eufemia.

"Accordingly, the EU is committed to secure energy supply through diversification projects, such as the SGC, he added.

Underlining that the EIB has assessed the economic viability of the full SGC with positive results, d’Eufemia said that all projects are progressing on schedule and the entire SGC is expected for completion by 2020.

The corridor includes three major pipeline projects: the expansion of the South Caucasus Pipeline through Azerbaijan and Georgia, the construction of the Trans-Anatolian Natural Gas Pipeline (TANAP) across Turkey and the construction of the TAP through Greece, Albania and into Italy.

Recently, there has been some opposition to the TAP project due to its possible environmental impact. Opponents argue that the project is not in line with the Paris agreement. However, there are also those who believe that thanks to TAP project, coal will be replaced by natural gas and will help Europe to decarbonize.

"Decarbonization scenarios presented by authoritative bodies such as the International Energy Agency show that coal cannot be replaced fully by renewable energy in the near future; thus gas is needed for phasing out coal, immediate reduction of carbon emissions, and to back up intermittent renewables," d’Eufemia argued.

He also noted that this view is shared by a majority of energy experts who assert that the SGC will not have any direct effect on climate change because it is an alternative source of gas that does not intend to cover any new demand.

- "Bringing gas into main European gas grid via Italy is more economic"

Christian Egenhofer, director of Brussels-based Centre for European Policy Studies Energy Climate House, said that the importance of SGC is more strategic as opposed to offering high volumes.

"The initial volume of 10 billion cubic meters is about 2.5 percent of total EU consumption or 5 percent of total EU imports. What it does, however, is to open a new import route to the Caspian bypassing Russia," he noted.

The gas from the SGC is competing with Russian gas causing greater market competition. Consequently, possibly lower prices will follow, especially since demand in the EU is shrinking and supply increasing, according to Egenhofer.

"Moreover, it brings non-Russian gas to southeast Europe, i.e. challenges the de facto Russian supply monopoly in the region. It holds prospects - yet uncertain- to bring additional volumes from Turkmenistan, and it supports a certain autonomy of Azerbaijan from Russia," he added.

He said that the TAP connection would ensure that competitively priced gas comes into the European main gas system, which Italy needs and can afford.

"Bringing the gas into the main European gas grid via Italy is more economic than via Baumgarten [gas hub] in Austria as the pipeline is shorter and more direct than routing it through the western Balkans with all its problems," he asserted.

By Ebru Sengul

Anadolu Agency

energy@aa.com.tr


related news

European gas prices fall after Trump announces Israel-Iran ceasefire
Türkiye's daily power consumption down 0.05% on June 20
Vestel Mobilite unveils 1 MW electric vehicle charger at EES Europe 2025
Threat of tariffs risks further disruption to crucial supply chains, says EU's von der Leyen
European gas prices start week with sharp decline amid global market pressures
China leads electric vehicle market with two-thirds of global sales
Facebook Facebook Twitter Google LinkedIn

Spot market natural gas prices for Friday, July 4

- 1,000 cubic meters of natural gas on spot market costs 14,961.54 Turkish liras
14:35 Natural Gas

Spot market natural gas prices for Thursday, July 3

- 1,000 cubic meters of natural gas on spot market costs 14,234.38 Turkish liras
04.07.2025 Natural Gas

Spot market natural gas prices for Wednesday, July 2

- 1,000 cubic meters of natural gas on spot market costs 13,802.83 Turkish liras
03.07.2025 Natural Gas

Spot market natural gas prices for Tuesday, July 1

- 1,000 cubic meters of natural gas on spot market costs 13,739.56 Turkish liras
02.07.2025 Natural Gas

Spot market natural gas prices for Monday, June 30

- 1,000 cubic meters of natural gas on spot market costs 13,491.41 Turkish liras
02.07.2025 Natural Gas

Spot market natural gas prices for Sunday, June 29

- 1,000 cubic meters of natural gas on spot market costs 13,400 Turkish liras
30.06.2025 Natural Gas

Spot market natural gas prices for Saturday, June 28

- 1,000 cubic meters of natural gas on spot market costs 13,453.78 Turkish liras
29.06.2025 Natural Gas

Spot market natural gas prices for Friday, June 27

- 1,000 cubic meters of natural gas on spot market costs 13,533.75 Turkish liras
28.06.2025 Natural Gas

Türkiye's LPG production up 10.1% in April

- LPG imports decrease by 17.5%, while exports rise by 11.1% in April, latest industry report reveals
30.06.2025 Lng/Lpg

Türkiye's natural gas imports up 69.5% in April

- Russia, Azerbaijan and Iran are Türkiye's largest gas suppliers, providing 1.81 bcm, 999 mcm, and 706 mcm, respectively
28.06.2025 Natural Gas

Spot market natural gas prices for Thursday, June 26

- 1,000 cubic meters of natural gas on spot market costs 13,607.76 Turkish liras
27.06.2025 Natural Gas

Global renewable expansion lags behind energy demand growth: Report

- Electrification is accelerating, particularly in developing economies, while all major energy sources hit all-time consumption highs in 2024, says industry report
27.06.2025 Electricity , Natural Gas , Renewable

Spot market natural gas prices for Wednesday, June 25

- 1,000 cubic meters of natural gas on spot market costs 13,632.07 Turkish liras
26.06.2025 Natural Gas

Global wholesale gas prices average $4.88 per MMBtu in 2024

- Global average gas prices fall by nearly 50% from 2022 levels, with gas-on-gas pricing mechanisms covering almost half of total consumption in 2024
27.06.2025 Natural Gas , Finance , General

Israel warns of imminent cooking gas shortage after Iranian missile attack on Bazan refinery

-It will take about month for Bazan refinery to fully resume operations, says Israeli energy minister
27.06.2025 Natural Gas

Spot market natural gas prices for Tuesday, June 24

- 1,000 cubic meters of natural gas on spot market costs 13,590.88 Turkish liras
25.06.2025 Natural Gas

Oil, gas prices retreat to below pre-conflict levels after Israel-Iran ceasefire

- Brent crude and European gas prices surged since Israel's June 13 attack on Iran, but fell Tuesday after ceasefire announcement
26.06.2025 Natural Gas , Oil

Vessel traffic in Strait of Hormuz continues

- No significant decline in ship traffic except for 6 vessels making U-turns to avoid waterway amid Israel–Iran conflict
25.06.2025 Natural Gas , Oil

European gas prices fall after Trump announces Israel-Iran ceasefire

- Market tensions ease as fears of disruption to global LNG trade through Strait of Hormuz subside
25.06.2025 Natural Gas

Spot market natural gas prices for Sunday, June 22

- 1,000 cubic meters of natural gas on spot market costs 13,620.08 Turkish liras
23.06.2025 Natural Gas

Spot market natural gas prices for Saturday, June 21

- 1,000 cubic meters of natural gas on spot market costs 13,623.21 Turkish liras
22.06.2025 Natural Gas

Spot market natural gas prices for Friday, June 20

- 1,000 cubic meters of natural gas on spot market costs 13,669.59 Turkish liras
21.06.2025 Natural Gas

Spot market natural gas prices for Thursday, June 19

- 1,000 cubic meters of natural gas on spot market costs 13,683.56 Turkish liras
20.06.2025 Natural Gas

Spot market natural gas prices for Wednesday, June 18

- 1,000 cubic meters of natural gas on spot market costs 13,735.42 Turkish liras
19.06.2025 Natural Gas

Europe's gas consumption drops to 30-year low, says Gazprom

- Europe's gas consumption shows sharp decline as demand grows rapidly in Asia, Gazprom official says
19.06.2025 Natural Gas

Spot market natural gas prices for Tuesday, June 17

- 1,000 cubic meters of natural gas on spot market costs 13,730.22 Turkish liras
18.06.2025 Natural Gas

EU proposes banning LNG gas imports from Russia by end of 2027

- 'This will help the EU become more energy independent, improve the security of the energy supply, and boost the Union's energy independence and competitiveness,' says EU Commission
17.06.2025 Natural Gas

Spot market natural gas prices for Monday, June 16

- 1,000 cubic meters of natural gas on spot market costs 13,692.57 Turkish liras
18.06.2025 Natural Gas

Türkiye sees no disruption in gas supplies from Iran: Energy minister

- Türkiye faces no disruption in its gas supply from Iran despite regional tensions, but rising oil prices could impact gas prices and increase country's energy import bill, says Alparslan Bayraktar
19.06.2025 Natural Gas

EU gas demand on track to drop 7% in 2030 compared to 2023: Ember

- EU countries are set to reduce their total gas demand from 326 billion cubic meters (bcm) to 302 bcm, according to a new Ember report
18.06.2025 Natural Gas

Türkiye's Oruc Reis vessel begins return journey after first intercontinental mission off Somalia

- Seismic vessel departs from Port of Mogadishu, expected to reach Türkiye in early July
17.06.2025 Natural Gas

Spot market natural gas prices for Sunday, June 15

- 1,000 cubic meters of natural gas on spot market costs 13,824.02 Turkish liras
16.06.2025 Natural Gas

Spot market natural gas prices for Saturday, June 14

- 1,000 cubic meters of natural gas on spot market costs 13,632.43 Turkish liras
15.06.2025 Natural Gas

Spot market natural gas prices for Friday, June 13

- 1,000 cubic meters of natural gas on spot market costs 13,686.85 Turkish liras
14.06.2025 Natural Gas

Spot market natural gas prices for Thursday, June 12

- 1,000 cubic meters of natural gas on spot market costs 13,699.17 Turkish liras
13.06.2025 Natural Gas

European gas prices jump 4% following Israeli attack on Iran

- European gas prices opened 4% higher on Friday following Israel's strike on Iran, with the market posting its largest single-day increase in five weeks
14.06.2025 Natural Gas

Spot market natural gas prices for Wednesday, June 11

- 1,000 cubic meters of natural gas on spot market costs 13,698.52 Turkish liras
12.06.2025 Natural Gas

European energy markets face volatility in 2H25 amid tight LNG supply

- Policy uncertainty fuels volatility in European energy outlook
13.06.2025 Lng/Lpg , General

Spot market natural gas prices for Tuesday, June 10

- 1,000 cubic meters of natural gas on spot market costs 13,714.64 Turkish liras
11.06.2025 Natural Gas

Spot market natural gas prices for Monday, June 9

- 1,000 cubic meters of natural gas on spot market costs 13,715 Turkish liras
11.06.2025 Natural Gas

Spot market natural gas prices for Sunday, June 8

- 1,000 cubic meters of natural gas on spot market costs 13,806 Turkish liras
09.06.2025 Natural Gas

Spot market natural gas prices for Saturday, June 7

- 1,000 cubic meters of natural gas on spot market costs 13,871.34 Turkish liras
08.06.2025 Natural Gas

Spot market natural gas prices for Friday, June 6

- 1,000 cubic meters of natural gas on spot market costs 13,770 Turkish liras
07.06.2025 Natural Gas

Spot market natural gas prices for Thursday, June 5

- 1,000 cubic meters of natural gas on spot market costs 13,799.41 Turkish liras
06.06.2025 Natural Gas

Japan to propose cooperation on rare earth elements in US tariff talks: Report

- Tokyo seeks supply chain deal to ease China-driven shortages and accelerate tariff relief
06.06.2025 Natural Gas

Spot market natural gas prices for Wednesday, June 4

- 1,000 cubic meters of natural gas on spot market costs 13,649.42 Turkish liras
05.06.2025 Natural Gas , General

Spot market natural gas prices for Tuesday, June 3

- 1,000 cubic meters of natural gas on spot market costs 13,797.61 Turkish liras
05.06.2025 Natural Gas

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

- REPowerEU plan targets 100 bcm gas cut by 2030 through efficiency and renewables
09.06.2025 Natural Gas , Energy Security , General

Spot market natural gas prices for Sunday, June 1

- 1,000 cubic meters of natural gas on spot market costs 13,894.29 Turkish liras
02.06.2025 Natural Gas

Türkiye, Azerbaijan to sign new deal to boost oil, gas production in Azerbaijan

- Shafag-Asiman Production Sharing Agreement to form another partnership between Turkish Petroleum, SOCAR, and bp, says Alparslan Bayraktar
04.06.2025 Natural Gas , Oil , Energy Diplomacy

Spot market natural gas prices for Saturday, May 31

- 1,000 cubic meters of natural gas on spot market costs 13,597.23 Turkish liras
01.06.2025 Natural Gas , Finance

Spot market natural gas prices for Friday, May 30

- 1,000 cubic meters of natural gas on spot market costs 13,546.92 Turkish liras
01.06.2025 Natural Gas

Gazprom's net profit rose to $8.4B in Q1

- Company's revenue and profit up 1% year-on-year in Q1
02.06.2025 Natural Gas

Türkiye’s first floating gas platform reaches Black Sea port

- Türkiye’s first floating natural gas production platform, Osman Gazi, arrived Saturday, May 31, at Filyos Port in Zonguldak on Türkiye’s Black Sea coast
03.06.2025 Natural Gas

Spot market natural gas prices for Thursday, May 29

- 1,000 cubic meters of natural gas on spot market costs 13,717.86 Turkish liras
30.05.2025 Natural Gas

Türkiye's natural gas imports up 35.9% in March

- Russia, US, and Azerbaijan are Türkiye's largest gas suppliers, providing 1.79 bcm, 1.49 bcm, and 1.04 bcm, respectively
30.05.2025 Natural Gas

Spot market natural gas prices for Wednesday, May 28

- 1,000 cubic meters of natural gas on spot market costs 13,579.54 Turkish liras
29.05.2025 Natural Gas

Spot market natural gas prices for Tuesday, May 27

- 1,000 cubic meters of natural gas on spot market costs 13,420.83 Turkish liras
28.05.2025 Natural Gas

Spot market natural gas prices for Monday, May 26

- 1,000 cubic meters of natural gas on spot market costs 13,432.95 Turkish liras
28.05.2025 Natural Gas

Spot market natural gas prices for Sunday, May 25

- 1,000 cubic meters of natural gas on spot market costs 13,301.23 Turkish liras
26.05.2025 Natural Gas

Spot market natural gas prices for Saturday, May 24

- 1,000 cubic meters of natural gas on spot market costs 13,360.75 Turkish liras
26.05.2025 Natural Gas

Spot market natural gas prices for Friday, May 23

- 1,000 cubic meters of natural gas on spot market costs 13,489.27 Turkish liras
24.05.2025 Natural Gas

Spot market natural gas prices for Thursday, May 22

- 1,000 cubic meters of natural gas on spot market costs 13,827.40 Turkish liras
23.05.2025 Natural Gas

Spot market natural gas prices for Wednesday, May 21

- 1,000 cubic meters of natural gas on spot market costs 13,687.44 Turkish liras
22.05.2025 Natural Gas

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

- Cold weather and halt in Russian gas flows via Ukraine boost LNG demand in Europe, while Asian demand declines, says sector report
23.05.2025 Lng/Lpg

Spot market natural gas prices for Tuesday, May 20

- 1,000 cubic meters of natural gas on spot market costs 13,715.74 Turkish liras
21.05.2025 Natural Gas

Spot market natural gas prices for Monday, May 19

- 1,000 cubic meters of natural gas on spot market costs 13,785.36 Turkish liras
20.05.2025 Natural Gas

Spot market natural gas prices for Sunday, May 18

- 1,000 cubic meters of natural gas on spot market costs 13,802.50 Turkish liras
19.05.2025 Natural Gas

Spot market natural gas prices for Saturday, May 17

- 1,000 cubic meters of natural gas on spot market costs 13,815.93 Turkish liras
18.05.2025 Natural Gas

New Black Sea gas discovery bolsters Türkiye's geopolitical role

- "Türkiye has become a central country both politically, militarily and diplomatically, and it is further strengthening this position and crowning it with the energy card," expert says
22.05.2025 Natural Gas

Spot market natural gas prices for Friday, May 16

- 1,000 cubic meters of natural gas on spot market costs 13,539.32 Turkish liras
17.05.2025 Natural Gas

Spot market natural gas prices for Thursday, May 15

- 1,000 cubic meters of natural gas on spot market costs 13,587.77 Turkish liras
16.05.2025 Natural Gas

Spot market natural gas prices for Wednesday, May 14

- 1,000 cubic meters of natural gas on spot market costs 13,643.20 Turkish liras
15.05.2025 Natural Gas

Spot market natural gas prices for Tuesday, May 13

- 1,000 cubic meters of natural gas on spot market costs 13,743.39 Turkish liras
14.05.2025 Natural Gas

Spot market natural gas prices for Monday, May 12

- 1,000 cubic meters of natural gas on spot market costs 13,779.59 Turkish liras
13.05.2025 Natural Gas

Spot market natural gas prices for Sunday, May 11

- 1,000 cubic meters of natural gas on spot market costs 13,827.79 Turkish liras
12.05.2025 Natural Gas

Spot market natural gas prices for Saturday, May 10

- 1,000 cubic meters of natural gas on spot market costs 13,828.10 Turkish liras
12.05.2025 Natural Gas

Spot market natural gas prices for Friday, May 9

- 1,000 cubic meters of natural gas on spot market costs 12,831.69 Turkish liras
10.05.2025 Natural Gas

Spot market natural gas prices for Thursday, May 8

- 1,000 cubic meters of natural gas on spot market costs 13,842.37 Turkish liras
09.05.2025 Natural Gas

Türkiye plans to send 6 mcm of gas daily to Syria in 3 months: Turkish energy min.

-Natural gas to be used to generate electricity at power plant in northwestern Syrian city of Aleppo, says Alparslan Bayraktar
12.05.2025 Electricity , Natural Gas

Captain of Hong Kong ship charged with damage to Baltic gas pipeline

- Chinese national, 43, facing charges in 2023 damage to Balticconnector gas pipeline, maritime safety breaches
10.05.2025 Natural Gas

Spot market natural gas prices for Wednesday, May 7

- 1,000 cubic meters of natural gas on spot market costs 13,687.39 Turkish liras
09.05.2025 Natural Gas

Spot market natural gas prices for Tuesday, May 6

- 1,000 cubic meters of natural gas on spot market costs 12,085.7 Turkish liras
07.05.2025 Natural Gas

Spot market natural gas prices for Monday, May 5

- 1,000 cubic meters of natural gas on spot market costs 12,925.34 Turkish liras
06.05.2025 Natural Gas

Spot market natural gas prices for Sunday, May 4

- 1,000 cubic meters of natural gas on spot market costs 12,949.51 Turkish liras
05.05.2025 Natural Gas

Spot market natural gas prices for Saturday, May 3

- 1,000 cubic meters of natural gas on spot market costs 12,960.51 Turkish liras
04.05.2025 Natural Gas

Türkiye says power system strong amid European blackout

- While expanding renewable sources such as solar and wind, Türkiye also relies on steady supplies like coal and gas to keep system balanced, senior Turkish energy official tells Anadolu
05.05.2025 Electricity , Natural Gas , Renewable , Thermal , Coal , Energy Diplomacy

Spot market natural gas prices for Friday, May 2

- 1,000 cubic meters of natural gas on spot market costs 12,976.49 Turkish liras
04.05.2025 Natural Gas

Syrian energy minister calls Türkiye to invest in Syria amid cross-border cooperation plans

- Türkiye-Syria to sign framework agreement for broader energy cooperation, Mohammed al-Bashir tells Anadolu
06.05.2025 Electricity , Natural Gas , Oil , Energy Diplomacy

BOTAS official elected to executive committee of International Gas Union

- A senior official at Turkish Petroleum Pipeline Corporation (BOTAS) has been elected to the Executive Committee of the International Gas Union (IGU), the organization's highest decision-making body, Turkish energy company said late Friday
03.05.2025 Natural Gas

Spot market natural gas prices for Thursday, May 1

- 1,000 cubic meters of natural gas on spot market costs 12,951.21 Turkish liras
02.05.2025 Natural Gas

Spot market natural gas prices for Wednesday, April 30

- 1,000 cubic meters of natural gas on spot market costs 12,772.68 Turkish liras
01.05.2025 Natural Gas

Spot market natural gas prices for Tuesday, April 29

- 1,000 cubic meters of natural gas on spot market costs 12,563.37 Turkish liras
30.04.2025 Natural Gas

Turkish, Hungarian national oil companies to begin exploration at 2 sites in Hungary

- Cooperation between TPAO and Hungary’s MOL expected to grow stronger and continue in future, says Alparslan Bayraktar following signing new deal between 2 national oil companies
02.05.2025 Natural Gas , Oil , Energy Diplomacy

EU natural gas imports hold steady in 1st quarter as consumption falls

- EU imports of Russian pipeline gas via Türkiye rises 16% year-on-year in 1st quarter despite halt in Russian gas transit through Ukraine, IEEFA data shows
01.05.2025 Natural Gas

Spot market natural gas prices for Monday, April 28

- 1,000 cubic meters of natural gas on spot market costs 12,565.87 Turkish liras
29.04.2025 Natural Gas

Türkiye's natural gas imports up 16.6% in February

- Russia, US, and Azerbaijan are Türkiye's largest gas suppliers, providing 2.41 bcm, 2.02 bcm, and 876 mcm, respectively
28.04.2025 Natural Gas

Spot market natural gas prices for Sunday, April 27

- 1,000 cubic meters of natural gas on spot market costs 12,518.90 Turkish liras
28.04.2025 Natural Gas

Spot market natural gas prices for Saturday, April 26

- 1,000 cubic meters of natural gas on spot market costs 12,491.53 Turkish liras
27.04.2025 Natural Gas

Spot market natural gas prices for Thursday, April 24

- 1,000 cubic meters of natural gas on spot market costs 12,587.24 Turkish liras
26.04.2025 Natural Gas
  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11

  • EIB's €1.5B financing for TAP to speed up construction
1 / 1

EIB's €1.5B financing for TAP to speed up construction

  • 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
-