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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…

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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…

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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.

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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…

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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.

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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.

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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.

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US LNG attracts new buyers
NEWS
Multinational - June 26, 2017

Lithuania gas trader Lietuvos Duju Tiekimas on Monday announced a deal with a Cheniere Energy unit for the delivery of US LNG.

The agreement follows a signing…

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Iran’s oil exports to Europe rise
NEWS
Iran - June 09, 2017

Iran’s exports of crude to Europe and Turkey soared to 1.1 million bopd last month, the highest level since sanctions targeting Tehran’s nuclear programme were…

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Interview
Abu Dhabi - June 02, 2017

Rami Qasem, GE Oil & Gas CEO and president for the Middle East, North Africa and Turkey region (MENAT), talks to TOGY about adding more capabilities in the region and…

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BP follows through on ACG commitment
NEWS
Azerbaijan - June 01, 2017

BP is expected to sign its contract for the extension of its production-sharing contract for the Azeri-Chirag-Guneshli fields off Azerbaijan later this month, thus…

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TurkStream construction to start in days
NEWS
Multinational - May 05, 2017

Russia’s Gazprom is set to start building the TurkStream gas pipeline ahead of schedule, local media reported on Thursday.

“We have finished all preparatory and…

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Kurdistan Region to debut new oil pipeline
NEWS
Kurdistan Region of Iraq - April 04, 2017

A new oil pipeline to move crude from fields in the Kurdistan Region of Iraq to Turkey is nearing completion, local media wrote on Monday.

The 35-kilometre feeder…

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Gazprom outlines strategy as sales slide
NEWS
Russia - March 02, 2017

Russia’s gas giant Gazprom released data on Wednesday showing that its gas exports to Europe and Turkey dipped in February, while its potential income for 2017 was…

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Genel drops Kurdistan Region licences
NEWS
Kurdistan Region of Iraq - January 24, 2017

Genel Energy will exit the Chia Surkh and Ber Bahr licences in the Kurdistan Region of Iraq, the company said in a trading and operations update notice on…

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Siemens wins major Iran deal
NEWS
Iran - January 24, 2017

Siemens has won an order for compressor stations in Iran worth tens of millions of euros, the company announced on Monday.

The German conglomerate will supply 12…

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