Latest news
Turkey raises energy prices, driving 2014 inflation predictions above 9%
Turkey will raise power and natural gas prices by 9 percent starting from October, as stated by Energy Minister Taner Yildiz on Tuesday, accusing a weaker currency for the price increases in the greatly import-dependent country.
read more... 01/10/2014
Turkey mulls gas market liberalization: BOTAS unbundling
Turkey is preparing for significant changes in the natural gas sector.
read more... 08/08/2014
Turkey says “no” to Israeli gas amid Gaza conflict
Turkey’s Minister of Energy and Natural Resources, Taner Yildiz, speaking at a press conference in Ankara on Monday said that natural gas exports from Israel’s Leviathan reservoir to Turkey will be banned as long as the Israel-Gaza conflict continues.
read more... 06/08/2014
Turkey: TPAO to purchase Total’s stake in Shah Deniz gas project
Turkey's state-controlled oil company Turkish Petroleum Corp (TPAO) has decided to buy 10 percent stake of the French energy firm Total in Azerbaijan's Shah Deniz gas project, as declared on Thursday by two sources familiar with the matter.
read more... 30/05/2014
Turkey: $1.7 billion loan deal negotiated between DenizBank and Socar
Turkey’s DenizBank lender, owned by Russia, is in negotiations with Azeri state-owned oil firm SOCAR over a loan package for investments of about $1.7 billion, as stated on Friday by Hakan Ates, DenizBank Chief Executive Officer.
read more... 24/03/2014