Back toour markets

Turkey Overview

Turkey

in figures

Refinery Throughput542,000 bpd

Gas Consumption53.5 bcm

Installed Solar Capacity4.72 GW

Turkey: At the Energy Crossroads

Turkey’s role as transit centre for gas and oil from East-West dominates the projections for the future of this pivotal nation.

Itself a major oil importer Turkey is not a significant producer, although exploration in the Black Sea continues to hold out some hope for significant discoveries.

Gabon’s gas-to-power opportunity - AFR 26 - Yann-Pierre-YANGARI - Flamboyans Services
Interview
Gabon - June 04, 2026

Yann Pierre YANGARI of Flamboyans Services talks about the crucial role gas-to-power can play in Africa’s infrastructure…

READ MORE
Khalifa Abdulrahman Algosaibi Investment Company - KAI - Yahya Al Yami - Saudi Arabia
Interview
Saudi Arabia - May 25, 2026

Yahya Al Yami of Khalifa Abdulrahman Algosaibi Investment talks about the competitive advantages of operating within the Saudi…

READ MORE
BP enters Uzbekistan with PSA for six blocks
NEWS
Uzbekistan - May 14, 2026

BP has entered Uzbekistan with a PSA alongside Uzbekneftegaz and SOCAR covering six blocks in North Ustyurt.

READ MORE
Chevron awarded four offshore leases for Greece exploration
NEWS
Greece - February 16, 2026

Chevron has signed lease agreements to explore four offshore blocks in Greece in partnership with HELLENiQ ENERGY, the company said on Monday.

The awarded blocks are…

READ MORE
Saipem wins $425-million contract for gasfield offshore Turkey
NEWS
Turkey - December 31, 2025

Saipem has secured a $425-million offshore contract from Turkish Petroleum for pipeline works at the Sakarya gasfield in Turkey.

READ MORE
Saipem wins $1.5-billion contract for gasfield project offshore Turkey
NEWS
Turkey - September 10, 2025

Saipem has secured a USD 1.5-billion offshore EPCI contract for phase 3 of the Sakarya gasfield development off Turkey.

READ MORE
TAQA Well Solutions - Rayed Eskandrani - Saudi Arabia
Interview
Saudi Arabia - July 14, 2025

Rayed Eskandrani of TAQA Well Solutions talks about using AI to enhance downhole operations and utilise drilling data to its full potential.

READ MORE
Genel’s Hayward transitions to chairman
NEWS
Kurdistan Region of Iraq - July 13, 2015

Genel Energy’s Tony Hayward has stepped down from his position as CEO, in favour of acting as chairman for the London-listed exploration and production company. The…

READ MORE
Ukraine halts gas imports from Russia
NEWS
Ukraine - July 01, 2015

As of July 1, Ukraine’s Naftogaz is halting gas imports from Russia’s Gazprom.

The Ukrainian state company made the announcement on Tuesday after negotiations in…

READ MORE
Greece and Russia strike pipeline deal
NEWS
Russia - June 19, 2015

Greece and Russia have signed a deal to construct an extension of the Turkish Stream gas pipeline that would carry Russian natural gas to Europe via Turkey, Associated…

READ MORE
Statoil to close offices in Turkey
NEWS
Turkey - June 09, 2015

Norwegian multinational Statoil announced today that it would close its offices in Turkey on June 15 after selling its stake in the Shah Deniz oil and gas project in…

READ MORE
Gazprom pushes for Turkish Stream
NEWS
Turkey - June 03, 2015

Russian gas giant Gazprom presented the Turkish Stream project at the World Gas Conference held in Paris and later announced plans to Reuters to begin construction…

READ MORE
Work begins in Turkey on TANAP pipeline
NEWS
Turkey - March 18, 2015

The groundbreaking ceremony of the Trans Anatolian Natural Gas Pipeline (TANAP) was held Tuesday, with Azeri President Ilham Aliyev and Georgian President Giorgi…

READ MORE

 

WHOSE PLATFORM IS THIS?
ASK US

  • Do you have a question for TOGY about oil and gas?
  • If we know, we’ll tell you.
  • If not, we’ll ask the experts in the field.