Turkey has discovered a new reserve of 75 billion cubic metres (bcm) of natural gas during drilling works in the Black Sea, President Tayyip Erdogan said on Saturday.'With this discovery, we will meet the natural gas needs of homes in Turkey for 3.5 years,' Erdogan said during an event in Istanbul.The discovery, with an economic value of around $30 billion, was found in the Goktepe-3 well at a depth of 3…
Turkish state energy company Botas has signed a 10-year agreement to import liquefied natural gas (LNG) from French oil major TotalEnergies beginning in 2027, Turkish Energy Minister Alparslan Bayraktar said on Wednesday.The deal, which was…
Turkey is interested in an offer from Tripoli to carry out energy exploration offshore Libya, Turkish Energy Minister Alparslan Bayraktar said on Wednesday.'Libya has offered to us to work with our seismic vessels offshore. Frankly, we are warm to this…
Turkey will send an exploration vessel off the coast of Somalia later this year to search for oil and gas as part of a hydrocarbon cooperation deal between two countries, Turkish energy ministry said on Thursday.'We will send our Oruc Reis vessel at the end of September…
Turkey will send an exploration vessel off the coast of Somalia later this year to search for oil and gas as part of a hydrocarbon cooperation deal between two countries, Turkish energy ministry said on Thursday.'We will send our Oruc Reis vessel at the end of September…
Turkey and Israel will soon begin taking joint steps in energy drilling, President Tayyip Erdogan was cited by Turkish media as saying on Thursday, adding the two countries would also operate energy networks to Europe through Turkey.Erdogan…
President Tayyip Erdogan last Thursday flicked the switch on Turkey's first delivery of natural gas to an onshore plant from a reserve discovered in the Black Sea, and promised to provide free natural gas for households before May 14 elections…
Turkey has postponed a natural gas summit due to be held on February 14-15 until March 22, an energy official said on Friday, after a major earthquake hit its southeastern region. Setting up a gas hub in Turkey was first proposed by Russia's…
Turkey on has accused Cyprus of increasing tension in the Eastern Mediterranean after a consortium of Italian and French energy companies found more natural gas off the island earlier this week.Cyprus's hydrocarbon activities 'have been carried out unilaterally…
The total volume of natural gas Turkey has discovered in the Black Sea now amounts to 710 billion cubic meters (bcm) after a new field was located and a previous find was revised higher, President Tayyip Erdogan said on Monday. Speaking after a cabinet meeting…
Turkey's Black Sea gas field is on track to go online next year as promised and work has sped up to connect it to the national infrastructure, President Tayyip Erdogan said on Saturday.Addressing a natural gas pipeline opening in the northern Kastamonu province…
Turkey resumed its hydrocarbon drilling operations in the eastern Mediterranean on Tuesday after a two-year hiatus, though President Tayyip Erdogan said its new drillship would operate outside waters also claimed by Cyprus.The Abdulhamid Han…
Turkey sent its new hydrocarbons drilling ship to the Mediterranean Sea on Tuesday but President Tayyip Erdogan said it would operate 55 kilometres (34.18 miles) off Turkey's coast, in an area outside waters also claimed by Cyprus.Speaking at the launch ceremony in the southern province of Mersin…
President Isaac Herzog embarked on Wednesday on the first visit by an Israeli leader to Turkey since 2008 as the regional rivals seek to overcome years of animosity.Turkish President Tayyip Erdogan invited Herzog, whose post is largely ceremonial…
Turkey on Thursday accused Cyprus of violating its continental shelf by awarding an exploration license in the Mediterranean to Exxon Mobil and Qatar Petroleum, adding it will not allow unauthorized exploration in its jurisdiction.For decades…
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