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Category: Turkey

Category:
  • Nord Stream
  • Turkey

Turkey backs Putin gas plan as Nord Stream faces long outage

Large sections of the damaged Nord Stream pipelines built to supply gas to Europe might need to be replaced, the head of Gazprom said, while Turkey on Friday backed Russian Continue Reading

Posted On : 15 Oct 2022 Published By : Tom Whipple
Category:
  • Turkey

Putin touts Turkey gas hub while Europe looks to cut consumption

 President Vladimir Putin touted Turkey on Thursday as the best route for redirecting gas supplies to the European Union after Nord Stream pipeline leaks, while Western nations focused on efforts Continue Reading

Posted On : 14 Oct 2022 Published By : Tom Whipple
Category:
  • Turkey

FEATURE: Turkey’s additional gas transit potential back in the spotlight

Highlights Turkey open to transiting gas from new sources to Europe Additional gas could come from handful of countries Options seen for gas from Turkmenistan, Iran, Iraq, East Med Russia’s Continue Reading

Posted On : 20 Aug 2022 Published By : Tom Whipple
Category:
  • Turkey

Turkey Downgraded by Moody’s Amid Balance-of-Payments Risk

Moody’s cites inflation, lira devaluation, unorthodox policy Turkey’s rating was cut deeper into junk by Moody’s Investors Service as balance-of-payments risks mount and authorities struggle to stabilize the lira and Continue Reading

Posted On : 13 Aug 2022 Published By : Tom Whipple
Category:
  • Russia
  • Turkey

Turkey Agrees To Pay For Russian Gas With Rubles

Turkey’s President Tayyip Erdogan and Russia’s President Vladimir Putin agreed on Friday to bolster cooperation after a four-hour meeting, a joint statement from the two nations has revealed as cited Continue Reading

Posted On : 7 Aug 2022 Published By : Tom Whipple
Category:
  • Russia
  • Turkey

Russia’s Rosatom signs new construction contract for Turkish nuclear plant

Russia’s Rosatom has awarded TSM Enerji the contract to undertake the remaining construction work at the $20 billion nuclear power plant it is building in Akkuyu in southern Turkey, the Continue Reading

Posted On : 1 Aug 2022 Published By : Tom Whipple
Category:
  • Turkey

Fitch Cuts Turkey’s Credit Rating Deeper Into Junk Territory

Tourists and locals on the waterfront in Istanbul, Turkey. Fitch Ratings downgraded Turkey’s sovereign debt rating further into junk, saying the government’s policies are contributing to “spiralling inflation” and discouraging Continue Reading

Posted On : 9 Jul 2022 Published By : Tom Whipple
Category:
  • Turkey

Turkish Inflation Quickens Less Than Expected to 78.62%

Pedestrians in a shopping zone in the Kizilay district of Ankara. Sign up for our Middle East newsletter and follow us @middleeast for news on the region. Turkey’s inflation accelerated Continue Reading

Posted On : 4 Jul 2022 Published By : Tom Whipple
Category:
  • Russia
  • Turkey

Russian gas deliveries via TurkStream to halt June 21-28 for annual maintenance

All parties agreed to suspension in advance’: Gazprom Suspension comes amid major European supply disruptions Bulgaria received gas via TurkStream prior to April 27 cut-off Russia’s Gazprom said June 18 Continue Reading

Posted On : 18 Jun 2022 Published By : Tom Whipple
Category:
  • Turkey

Erdogan Says Turkey Will Accelerate Black Sea Gas Production

 Turkey will ramp up gas production at its flagship Black Sea project as much as a year faster than previously planned, according to President Recep Tayyip Erdogan. Daily output at Continue Reading

Posted On : 14 Jun 2022 Published By : Tom Whipple
Category:
  • Turkey

Turkey hikes gas, power prices citing ‘perfect storm’ in global markets

Turkey raised natural gas and power prices on Wednesday and its energy importer blamed a “perfect storm” in global markets, feeding into an inflationary surge in the country that likely Continue Reading

Posted On : 1 Jun 2022 Published By : Tom Whipple
Category:
  • Turkey

Turkey Raises 2022 Inflation Forecast to 42.8% on Energy Prices

Food prices are expected to rise an annual 49% through December. Sign up for our Middle East newsletter and follow us @middleeast for news on the region. The Turkish central Continue Reading

Posted On : 28 Apr 2022 Published By : Tom Whipple
Category:
  • Russia
  • Turkey

Discounted Urals crude finds growing outlet in Turkey: sources

 Turkey buys over 7 mil barrels of Urals crude in March Urals flows also redirected to Asia, mainly China & India Russia’s flagship Urals crude has been shunned by its Continue Reading

Posted On : 8 Apr 2022 Published By : Tom Whipple
Category:
  • Israel
  • Turkey

Israel-Turkey gas pipeline an option for Russia-wary Europe

A Turkey-Israel gas pipeline is being discussed behind the scenes as one of Europe’s alternatives to Russian energy supplies, but it will take complicated maneuvering to reach any deal, government Continue Reading

Posted On : 29 Mar 2022 Published By : Tom Whipple
Category:
  • Turkey

Turkey has no plans to cut Russian oil buys, welcomes Iran supply -minister

 Turkey will continue to buy Russian oil and hopes sanctions on Iran are lifted, bringing additional supplies to meet global demand, Energy Minister Alparslan Bayraktar said on Tuesday. Turkey relies Continue Reading

Posted On : 9 Mar 2022 Published By : Tom Whipple
Category:
  • Israel
  • Natural Gas Exports
  • Turkey

Turkey And Israel Could Work Jointly To Ship Gas To Europe

Turkey is interested in resuming talks with Israel about using Israeli natural gas and transporting it to Europe, Turkish President Recep Tayyip Erdogan said on Friday, as carried by the Continue Reading

Posted On : 5 Feb 2022 Published By : Tom Whipple
Category:
  • Iran
  • Turkey

Turkey Hit By Unprecedented Power Outages As Iran Halts Gas Flows

A disruption to natural gas imports from Iran has caused an unprecedented level of power cuts in Turkey. The power cuts have largely impacted major industrial zones, with some companies Continue Reading

Posted On : 25 Jan 2022 Published By : Tom Whipple
Category:
  • Cyprus
  • Turkey

Turkey Vows to Prevent Exxon Mobil Venture Drilling Off Cyprus

Turkey threatened to block any unauthorized search for gas and oil in its economic exclusive zone in the eastern Mediterranean after Cyprus awarded hydrocarbon exploration and drilling rights in its Continue Reading

Posted On : 3 Dec 2021 Published By : Tom Whipple
Category:
  • Turkey

Lira collapse leaves Turks bewildered, opposition angry

Anxious Turks struggled to keep up with a bewildering collapse in their currency and the main opposition party leader said the country was experiencing its darkest “catastrophe” as the lira Continue Reading

Posted On : 24 Nov 2021 Published By : Tom Whipple
Category:
  • Turkey

Turkey may renew natgas deal with Russia with increased amount -minister

 Turkey may renew a natural gas deal with Russia with an increased amount from the beginning of 2022, Energy Minister Fatih Donmez said on Thursday. Speaking at a summit via Continue Reading

Posted On : 4 Nov 2021 Published By : Tom Whipple
Category:
  • Turkey

Turkey Is Suffering As Natural Gas Prices Soar

Geopolitics, Politics & Conflict Turkey is one of the biggest natural gas importers in Europe and now finds itself in a difficult position where it has to buy more gas Continue Reading

Posted On : 16 Oct 2021 Published By : Tom Whipple
Category:
  • Turkey

Turkish company applies to explore for oil in east Med

Turkey’s state-owned energy company TPAO has applied for a license to explore crude oil in the eastern Mediterranean, the Turkish Energy Ministry said in a statement in the country’s Official Continue Reading

Posted On : 9 Jul 2021 Published By : Tom Whipple
Category:
  • Turkey

Turkey to continue Black Sea, East Mediterranean gas drilling: minister

Follows upgrade to Black Sea gas reserves to 540 Bcm First phase of production targets 10 million cu m/d by 2023 ‘Positive signs’ from East Med wells to date Turkey’s Continue Reading

Posted On : 9 Jun 2021 Published By : Tom Whipple
Category:
  • Turkey

Is This Just The First In A Series Of Gas Discoveries For Turkey?

The discovery of oil in three new wells in Turkey will add significantly to the country’s output, following Turkey’s biggest ever gas discovery just last year. Turkey’s energy sector is Continue Reading

Posted On : 1 Jun 2021 Published By : Tom Whipple
Category:
  • Turkey

Turkey’s COVID-19 death toll 340 as lockdown sets in

Turkey logged 340 coronavirus-related deaths and 25,980 new cases in the last 24 hours, Health Ministry data showed on Sunday, the third day of a nationwide lockdown, including curfews, closed Continue Reading

Posted On : 3 May 2021 Published By : Tom Whipple
Category:
  • Turkey

Turkey announces “full lockdown” from April 29 to curb COVID spread

Turks will be required to stay mostly at home under a nationwide “full lockdown” starting on Thursday and lasting until May 17 to curb a surge in coronavirus infections and Continue Reading

Posted On : 27 Apr 2021 Published By : Tom Whipple
Category:
  • Turkey

Turkey approves development plan for Bosporus bypass canal

 Turkey has approved the development plan for the long-anticipated “Kanal Istanbul,” a ship canal that would connect the Black Sea with the Sea of Marmara, aimed at easing tanker and Continue Reading

Posted On : 30 Mar 2021 Published By : Tom Whipple
Category:
  • Egypt
  • Turkey

Turkey Looks To Improve Energy Relations With Egypt

Ever since the attempted coup in Turkey of 2016, Ankara has become more assertive regarding its near abroad foreign policy. With the rise of the AKP in the early 2000s, Continue Reading

Posted On : 25 Mar 2021 Published By : Tom Whipple
Category:
  • Turkey

Turkey’s Perfectly Timed Gas Discovery

Turkey’s energy import bill has been a major drag on its economy for decades. In 2019, the country imported $41 billion worth of energy among which 45 billion cubic meters Continue Reading

Posted On : 4 Mar 2021 Published By : Tom Whipple
Category:
  • Turkey

EU plans to hit Turkey with more sanctions over Med drilling

European Union leaders early Friday gave the green light for the expansion of sanctions against Turkey over its exploration of gas reserves in Mediterranean waters claimed by EU members Greece Continue Reading

Posted On : 11 Dec 2020 Published By : Tom Whipple
Category:
  • Turkey

Turkey Halts Mediterranean Oil, Gas Survey On EU Sanctions Threat

Turkey has halted survey for oil and gas in the Mediterranean and had its survey vessel back to a Turkish port, days before European Union leaders are set to discuss Continue Reading

Posted On : 2 Dec 2020 Published By : Tom Whipple
Category:
  • Turkey

Turkey Expands Gas Drilling In The Black Sea

After announcing a major natural gas discovery in the Black Sea earlier this year, Turkey has started drilling for gas at a second location in the sea, Turkish Energy and Continue Reading

Posted On : 6 Nov 2020 Published By : Tom Whipple
Category:
  • Turkey

Turkey increases size of Black Sea gas find by 85 Bcm to 405 Bcm

Turkey has added a further 85 Bcm to the size of the reserves at its giant Black Sea Sakarya gas field, bringing the total to 405 Bcm. Not registered? Receive Continue Reading

Posted On : 19 Oct 2020 Published By : Tom Whipple
Category:
  • Turkey

Turkey Resumes Oil, Gas Survey In Eastern Mediterranean

Turkey has resumed survey activities for oil and gas in disputed waters in the eastern Mediterranean in a move reigniting the tension with its neighbors and EU members Greece and Continue Reading

Posted On : 15 Oct 2020 Published By : Tom Whipple
Category:
  • Greece
  • Turkey

Greece calls new Turkish survey mission a threat to region

ATHENS, Greece (AP) — Greece accused neighbor Turkey of undermining efforts to ease a crisis over eastern Mediterranean drilling rights Monday, after Ankara redeployed a survey vessel for new energy Continue Reading

Posted On : 13 Oct 2020 Published By : Tom Whipple
Category:
  • Turkey

Turkey’s Black Sea Gas Discovery May Be Bigger Than Thought

Turkey is about to revise up the estimate of its natural gas discovery in the Black Sea, Bloomberg reported on Friday, quoting sources with direct knowledge of the plans. In Continue Reading

Posted On : 10 Oct 2020 Published By : Tom Whipple
Category:
  • Turkey

Turkey’s Covid-19 Figures Questioned After Asymptomatic Cases Omitted

The severity of Turkey’s coronavirus outbreak was called into question after the government acknowledged it wasn’t counting asymptomatic cases, triggering criticism from local medical professionals and promoting the U.K. on Continue Reading

Posted On : 3 Oct 2020 Published By : Tom Whipple
Category:
  • Turkey

Turkey Energy News in Black Sea: Second Drilling Ship to Explore in 2021

Turkey plans to deploy a second drilling ship in the Black Sea early next year following the biggest-ever natural-gas discovery there. The vessel, named Kanuni, will join another ship seeking further oil Continue Reading

Posted On : 3 Oct 2020 Published By : Tom Whipple
Category:
  • Turkey

EU warns Turkey of sanctions over ‘provocations’ in Mediterranean

Turkish research ship off Antalya, Turkey on July 22, 2020 Tensions rose earlier this year when Turkey sent a ship into a disputed area to search for potentially rich oil Continue Reading

Posted On : 2 Oct 2020 Published By : Tom Whipple
Category:
  • Greece
  • Turkey

Could An Energy Rivalry Drive Greece And Turkey Into War?

Drilling rights and escalating tensions Tensions between Greece and Turkey over Eastern Mediterranean natural gas and oil fields, intertwined with maritime claims, have rapidly escalated in August 2020. On August Continue Reading

Posted On : 25 Sep 2020 Published By : Tom Whipple
Category:
  • Turkey

EU warns of ‘watershed’ moment with Turkey over gas exploration

EU foreign policy chief Josep Borrell warned Sept. 15 the bloc’s relations with Turkey had reached a “watershed” moment over Ankara’s continued exploration work in the East Mediterranean. Not registered? Continue Reading

Posted On : 16 Sep 2020 Published By : Tom Whipple
Category:
  • Turkey

Greece, Turkey signal willingness to talk about sea dispute

 After weeks of tensions in the eastern Mediterranean, Greece and Turkey have signaled a willingness to start talks aimed at resolving a long-standing sea dispute tied to potentially lucrative offshore Continue Reading

Posted On : 14 Sep 2020 Published By : Tom Whipple
Category:
  • Turkey

Erdogan and Hamas: ‘He’s presenting himself as leader of Muslim world’

At Friday prayers at the Al Aqsa Mosque in East Jerusalem, the faithful often hold up portraits of Recep Tayyip Erdogan, the Turkish president, worshipping under the gleaming gold crescent Continue Reading

Posted On : 9 Sep 2020 Published By : Tom Whipple
Category:
  • Turkey

Turkey’s Muscle Flexing in the Med Isn’t Just About Gas

Sailing through the Bosporus Strait that divides Europe from Asia last year, a Turkish fleet saluted the tomb of 16th century pirate and admiral Barbarossa, reviving a tradition that harks Continue Reading

Posted On : 8 Sep 2020 Published By : Tom Whipple
Category:
  • Turkey

Turkey’s Erdogan says East Med is test of EU’s sincerity

President Tayyip Erdogan told European Council President Charles Michel on Sunday the EU’s stance towards the East Mediterranean would be a test of its sincerity, calling on it to take Continue Reading

Posted On : 7 Sep 2020 Published By : Tom Whipple
Category:
  • Turkey

Turkey Says It’s Open To Dialogue With Greece To End Drilling Dispute

Turkey said on Tuesday that it was open to dialogue with its neighbor Greece to end the dispute over the oil and gas resources in the eastern Mediterranean and the Continue Reading

Posted On : 3 Sep 2020 Published By : Tom Whipple
Category:
  • Turkey

EU urges Turkey to stop drilling in Med, ponders sanctions

The European Union on Friday urged Turkey to halt what it called its “illegal” prospecting activities in contested waters in the eastern Mediterranean and ordered EU officials to speed up Continue Reading

Posted On : 29 Aug 2020 Published By : Tom Whipple
Category:
  • Russia
  • Turkey

Europe’s tense standoffs with Turkey and Russia

On Europe’s periphery, tensions involving an array of competing countries are rising. The brewing crisis in Belarus has sparked fears of an armed Russian intervention. And a standoff in the Continue Reading

Posted On : 28 Aug 2020 Published By : Tom Whipple
Category:
  • Turkey

Erdogan warns Turkey will ‘never make concessions’ in eastern Mediterranean

Turkey will make no concessions in the eastern Mediterranean, President Recep Tayyip Erdogan declared as France announced that it would join naval exercises in the region amid a mounting stand-off Continue Reading

Posted On : 27 Aug 2020 Published By : Tom Whipple
Category:
  • Turkey

Erdogan says Turkey to get rights in seas around it

Turkey is determined to do whatever is necessary to obtain its rights in the Black Sea, Aegean and Mediterranean, President Tayyip Erdogan said on Wednesday. Speaking at an event commemorating Continue Reading

Posted On : 26 Aug 2020 Published By : Tom Whipple

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