Latest news
South Stream pipeline gets Turkey greenlight
Turkey gave greenlight to the South Stream gas pipeline which will transport gas to southeast Europe bypassing Ukraine. The pipeline will pass under Turkey territorial waters and it is expected to deliver gas in 2015.
read more... 02/01/2012
Bulgaria to withdraw from Russian, Greek oil pipeline deal
Bulgaria's Energy and Economy Minister Traicho Traikov said on Wednesday his country decided to withdraw from a pipeline deal to carry Russian oil through his country to Greece, bypassing Turkey's Bosporus Straits, because it cannot be achieved under the financial conditions agreed on in 2007.
read more... 08/12/2011
China to build the largest underground gas storage in Turkey
Turkey has inked a deal with China Tianchen Engineering Corp. to construct the largest underground natural gas storage facility in the center of Turkey, with a capacity of up to one billion cubic meters.
read more... 30/11/2011
Shell inks an energy exploration deal with Turkey
The energy major Royal Dutch Shell signed on Wednesday a deal with the Turkish Petroleum Corporation (TPAO) to search for oil and gas in the Mediterranean and southeast Turkish areas.
read more... 24/11/2011
Serious queries over BP pipeline
Recently, Azerbaijan and Turkey consented to use the spare capacities in the Turkish pipelines as to transport Azerbaijani gas verso Europe, and consequently to construct a new pipeline across Turkey as to transport exceeded volumes of the spare capacities in Turkey’s pipelines.
read more... 08/11/2011