Back toour markets

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…

READ MORE
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…

READ MORE
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…

READ MORE
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…

READ MORE
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…

READ MORE
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…

READ MORE
Trader pays KRG advance as flows resume
NEWS
Kurdistan Region of Iraq - March 14, 2016

International commodity trader Glencore has reportedly paid the Kurdistan Region Government (KRG) an advance of USD 300 million, Reuters reported over the weekend. The…

READ MORE
Pipeline attack in Turkey thwarted
NEWS
Kurdistan Region of Iraq - February 29, 2016

The Turkish Ministry of Energy and Natural Resources on Monday said it had thwarted another attempt at sabotage of the oil export infrastructure from the Kurdistan…

READ MORE
Noble Energy signs Leviathan contract
NEWS
Israel - February 01, 2016

Noble Energy and its Israeli partners in the Leviathan field signed a USD 1.3-billion contract for 18 years to supply fuel to local electricity provider Edeltech Group,…

READ MORE
Interview
Iraq - January 27, 2016

Wadié R. Habboush, president and CEO of Habboush Group, talks to TOGY about the approaches Iraq can take to attract more FDI. He also offers his perspective on the…

READ MORE
Israel approves gas sale to Egypt
NEWS
Israel - December 24, 2015

The Israeli government approved the sale of up to 5 bcm (177 bcf) of gas over seven years from the Tamar gasfield to Egypt. The sale is valued at about USD 1 billion.…

READ MORE
KRG denies Putin oil trade allegations
NEWS
Kurdistan Region of Iraq - December 04, 2015

Kurdistan Regional Government (KRG) officials have denied Russian President Vladimir Putin’s recent allegations surrounding oil trade between Turkey and Islamic State…

READ MORE
Russia cancels TurkStream
NEWS
Russia - December 03, 2015

Russian energy minister Alexander Novak said Thursday that preparatory work on the planned TurkStream pipeline project had been cancelled over the downing of a Russian…

READ MORE
Statoil sells TAP stake to Snam
NEWS
Azerbaijan - December 01, 2015

Italian player Snam has agreed to buy Statoil’s stake in the Trans-Adriatic pipeline (TAP), which will carry gas from the Turkish border with Greece to Italy.

The…

READ MORE

 

WHOSE PLATFORM IS THIS?
ASK US

  • Do you have a question for TOGY about oil and gas?
  • If we know, we’ll tell you.
  • If not, we’ll ask the experts in the field.