Turkey intends to increase its oil production to 1 million barrels in the longer term. By 2028, the national oil and gas company TPAO will raise the figure to 550,000 barrels, Turkish Energy Minister Alparslan Bayraktar said.
The first unit of the Akkuyu Nuclear Power Plant (NPP) will begin operation by the end of 2026, and the necessary tests are currently underway, Turkish Energy Minister Alparslan Bayraktar said.
Russian Deputy Prime Minister Alexander Novak and Turkish Energy Minister Alparslan Bayraktar met in Moscow on Thursday.
Azerbaijan's Minister of Energy held a meeting with his Turkish counterpart. During their discussions, they focused on enhancing their strategic collaboration within the energy sector.
He also clarified that only about 10% of all oil purchased by Türkiye passes through the Strait of Hormuz
Turkish authorities plan to commission the first reactor of the Akkuyu NPP on October 29, the official national holiday - Republic Day
Türkiye's Energy and Natural Resources Minister Alparslan Bayraktar denied reports that natural gas flows from Iran to Türkiye had been halted.
Turkish authorities have decided to use their emergency oil reserves to slow the rapid rise in energy prices associated with the Strait of Hormuz' blockade.
Turkish Energy Minister Alparslan Bayraktar has reaiterated plans to commission the first unit of the Akkuyu Nuclear Power Plant in 2026.
Azerbaijan and Türkiye signed a new agreement for the supply of 33 billion cubic meters of natural gas, Turkish Energy and Natural Resources Minister Alparslan Bayraktar announced.
The first power unit of the Akkuyu Nuclear Power Plant is 95% complete, Türkiye's Minister of Energy and Natural Resources Alparslan Bayraktar said on Kanal 7.
Turkey's Energy and Natural Resources Minister Alparslan Bayraktar highlighted progress at the Sakarya Gas Field in the Black Sea.
Turkey’s state energy company Botas has renewed its contract with Gazprom for one year, Turkish Energy Minister Alparslan Bayraktar said.
Turkey finalised a one-year extension of its two expiring gas import contracts with Russia that total 22 bcm, Turkish Energy Minister Alparslan Bayraktar said.
Turkish state-owned energy company Botas has finalized an agreement with BP for liquefied natural gas (LNG) deliveries, ensuring annual imports of 1.2 million tons.
The first Azerbaijani natural gas shipments via Türkiye to Syria have begun on August 2, the Turkish media outlets reported.
Türkiye had discovered 57 million barrels of oil reserves valued at approximately $4 billion across several regions so far this year, Turkish Energy and Natural Resources Minister Alparslan Bayraktar said.
The U.S.-based Boston Consulting Group is working on the technical and economic justification of the "Azerbaijan-Türkiye Green Energy Corridor" project, Azerbaijan's Deputy Minister of Energy Orkhan Zeynalov said. In …
A new phase is opening in the energy cooperation between Türkiye and Azerbaijan, Turkish Energy Minister Alparslan Bayraktar said during his visit to Baku. "We are working on the transmission of …
Azerbaijan, Georgia, Türkiye and Bulgaria agreed to establish a Green Energy Corridor to enhance regional electricity transmission and trade, Azerbaijan's Ministry of Energy reported. A Memorandum of Understanding was finalized …
