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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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IEA’s Birol weighs in on coup plot
NEWS
Turkey - July 22, 2016

The attempted coup by a small group within the Turkish Armed Forces last Friday will not greatly impact energy investment in Turkey, according to International Energy…

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Turkish Stream still in the cards
NEWS
Russia - June 28, 2016

The thaw in relations between Turkey and Russia might bode well for the Turkish Stream gas pipeline project, Gazprom announced late on Monday. The project was halted in…

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Turkey drops to 3rd in Gazprom ranking
NEWS
- June 15, 2016

Italy has overtaken Turkey as the second-biggest purchaser of Gazprom gas, the company’s CEO said on Wednesday, reporting an increase of 5.3% in exports to Italy in…

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Interview
Kurdistan Region of Iraq - June 10, 2016

TOGY talks to Murat Özgül, CEO of Genel Energy, about the development of the Miran and Bina Bawi gasfields, the Ministry of Natural Resources’ (MNR) statement…

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Kurdistan-Iran line needs Baghdad’s OK
NEWS
Kurdistan Region of Iraq - May 17, 2016

A senior Iranian official told Kurdish media on Tuesday that Iran is seeking federal approval for a possible pipeline route from the Kurdistan Region of Iraq to…

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Statoil enters Turkish licences
NEWS
Turkey - May 16, 2016

Statoil will farm into onshore acreage in Turkey’s Thrace region, the Norwegian company announced on Monday. Upon approval of the Turkish government, Statoil will…

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Kurdistan Region oil exports up
NEWS
Kurdistan Region of Iraq - May 06, 2016

A sharp reduction in the hours of downtime for the export pipeline to Turkey has enabled the Kurdistan Regional Government (KRG) to increase crude exports in April, its…

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Genel Energy seeks Turkish investment
NEWS
Kurdistan Region of Iraq - April 28, 2016

Genel Energy is reportedly in talks with Turkish Energy Company (TEC) for investment in the endeavour to develop the Kurdistan Region of Iraq’s gas resources and…

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TANAP CEO eyes broader scope
NEWS
Azerbaijan - April 22, 2016

Trans-Anatolian Natural Gas Pipeline, the company overseeing the construction of the like-named pipeline that will facilitate Azeri gas exports to Turkey and Europe,…

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