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Turkey Overview

Turkey

in figures

Refinery Throughput542,000 bpd

Gas Consumption53.5 bcm

Installed Solar Capacity4.72 GW

Turkey: At the Energy Crossroads

Turkey’s role as transit centre for gas and oil from East-West dominates the projections for the future of this pivotal nation.

Itself a major oil importer Turkey is not a significant producer, although exploration in the Black Sea continues to hold out some hope for significant discoveries.

A breakthrough year for Kuwait's KFH Khaled-AL-SHAMLAN
Interview
Kuwait - March 07, 2024

Khaled Alshamlan, CEO of KFH Kuwait, talks about the bank’s strategy for involvement in oil and gas and sustainable finance…

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TEY_post_Farid-SABER
Interview
Kuwait - June 01, 2023

Farid Saber, assistant group CEO of Gulf Insurance Group, talks to The Energy Year about the group’s key competitive…

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Shell sees a competitive hydrogen future in Oman_Walid-HADI
Interview
Oman - July 18, 2023

Walid Hadi, senior vice-president and country chair of Oman Shell, talks to The Energy Year about the company’s key initiatives to support Oman’s energy industry…

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Turkey hits a significant oil find near Syria
NEWS
Turkey - May 05, 2023

Turkish Petroleum (TPAO) has discovered the country’s largest oil find in the southeast of Turkey, the Turkish NOC announced on Wednesday.

The Şehit Aybüke…

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In a shifting LNG market, agility wins Oman LNG Hamed-AL-NAAMANY
Interview
Oman - May 03, 2023

Hamed Al Naamany, CEO of Oman LNG, talks to The Energy Year about the ongoing reshaping of the global LNG market and the company’s strategy for navigating it. Oman…

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Turkey-Italy pipeline moves to up capacity
NEWS
Multinational - February 02, 2023

The Trans Adriatic Pipeline has entered its first phase of development to increase gas flow capacity between Turkey and Italy, the asset’s operator announced on…

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Qatargas in Turkey LNG deal
NEWS
Qatar - September 20, 2017

Qatargas has agreed to sell 1.5 million tpy of LNG to Turkey’s BOTAŞ Petroleum Pipeline Corporation (BOTAŞ) over a period of three years, the world’s number-one…

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Rosneft eyes $1-bln Kurdistan pipeline deal
NEWS
Kurdistan Region of Iraq - September 18, 2017

Rosneft is in talks with officials from the Kurdistan Regional Government to help fund and build a pipeline to export natural gas to Turkey and Europe, TOGY exclusively…

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Interview
Saudi Arabia - June 29, 2017

TOGY talks to Ahmed Al Ebrahim, CEO of Gulf Cooperation Council Interconnection Authority (GCCIA), about increasing electricity exchange volumes, facilitating power…

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US LNG attracts new buyers
NEWS
Multinational - June 26, 2017

Lithuania gas trader Lietuvos Duju Tiekimas on Monday announced a deal with a Cheniere Energy unit for the delivery of US LNG.

The agreement follows a signing…

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Iran’s oil exports to Europe rise
NEWS
Iran - June 09, 2017

Iran’s exports of crude to Europe and Turkey soared to 1.1 million bopd last month, the highest level since sanctions targeting Tehran’s nuclear programme were…

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Interview
Abu Dhabi - June 02, 2017

Rami Qasem, GE Oil & Gas CEO and president for the Middle East, North Africa and Turkey region (MENAT), talks to TOGY about adding more capabilities in the region and…

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BP follows through on ACG commitment
NEWS
Azerbaijan - June 01, 2017

BP is expected to sign its contract for the extension of its production-sharing contract for the Azeri-Chirag-Guneshli fields off Azerbaijan later this month, thus…

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TurkStream construction to start in days
NEWS
Multinational - May 05, 2017

Russia’s Gazprom is set to start building the TurkStream gas pipeline ahead of schedule, local media reported on Thursday.

“We have finished all preparatory and…

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