News

Natural Gas Imports up 9.8 Percent in February

Turkey’s natural gas imports increased by 9.83 percent to 4.7 billion cubic meters compared to February 2014. The Energy Market Regulation Board (EPDK) announced the Natural Gas Market Sector Report for February. Accordingly, exports that were around 4.2 billion cubic meters increased by 9.83 percent to 4.7 billion cubic meters. The highest import was from ......

TANAP Foundations Has Been Laid

Turkey and Azerbaijan will on March 17 formally begin construction on a new gas pipeline costing over $10 billion which will pump gas from the vast Azerbaijani Shah Deniz 2 field across Anatolia to Turkish and EU consumers.       Turkish President Recep Tayyip Erdoğan and Azerbaijani counterpart Ilham Aliyev will attend the ceremony marking the start of work on the ......

We Have Attended to the Energy Market Summit

The “Energy Markets Summit”, hosted by the EPDK (“Energy Market Regulatory Authority ) and organized principally by the Energy Specialists Association was realized at the premises of the JW Marriott in Ankara yesterday. With the key topics encompassing the innovations and new aspects in the energy sector, the whole range of investment plans and projects ......

Turkey and Russia Meet Again to Negotiate Gas Discount

Energy Minister Taner Yıldız said Turkish negotiators would meet with representatives from Russia’s Gazprom to discuss a gas discount for 2015 again Dec. 10.  “We are continuing to work to negotiate a bigger reduction in gas prices. Our target is to clarify the final price by the end of this month,” Yıldız said at the ......

“Gazprom and Turkey – Strategic Partners”

Moscow hosted today a working meeting between Alexey Miller, Chairman of the Gazprom Management Committee and Taner Yildiz, Minister of Energy and Natural Resources of the Republic of Turkey. The meeting addressed the issues of strategic partnership, in particular, the prospects for cooperation deepening in natural gas supplies from Russia to Turkey. The parties noted ......

Russia, Turkey Confirm Interest to Increase Blue Stream Gas Supplies

According to initial calculations given to Turkey by Russia, deliveries of additional volumes of gas could start in the beginning of 2016, Turkish energy minister said. Russia and Turkey have agreed to increase the flow of gas through the Blue Stream pipeline from 16 billion cubic meters to 19 cubic meters annually, according to a ......

Bosphorus Gaz Receieves The Golden Valve Award

Energy Stars Award Ceremony within The 5th Turkish Energy Summit was held in Hasan Kalyoncu University, Gaziantep. Golden Valve, Golden Voltage, and Golden Barrel Achievement Award Ceremonies, where leading companies of electricity, natural gas, oil and LPG sectors were awarded for their Social Responsibility Projects, was held on 11th of September. At the ceremony which ......

Energy Bourse Shares Collect 114 Firm Application

A total of 114 companies have made bids to acquire shares in the company that will be founded to manage Turkey’s new energy bourse, the head of the country’s energy watchdog has announced. Energy Market Regulation Board (EPDK) Chairman Mustafa Yılmaz said 114 electricity and natural gas companies that want to own stakes in the ......

“South Caucasus Pipeline Work Begins Sept. 20”

A groundbreaking ceremony for the South Caucasus Pipeline, the first phase of the Southern Gas Corridor pipeline that includes the Trans Anatolia Natural Gas Pipeline (TANAP), will be held on Sept. 20, President Recep Tayyip Erdoğan said on Wednesday. “Turkey’s energy relations with Azerbaijan and, accordingly, the TANAP project hold the utmost importance,” Erdoğan told ......

No Price Increase in April

Is the price of electricity and natural gas increased in April? Reply to this question was given by Taner Yıldız, the Minister for Energy and Natural Resources, “with the mercy of God and the rain now falling, we are not increasing price of naturel gas and electricity in April, either.”...