Fatih Dönmez

Turkey and Nigeria plan to sign three agreements on hydrocarbon, mining and energy sectors during Turkish President's official visit to Nigeria, which will take place later in October, Energy and Natural Resources Minister Fatih Dönmez said on Oct. 8.

A recently discovered natural gas field in the Black Sea is set to provide nearly a third of Turkey's domestic needs when it reaches peak production capacity by 2027, Energy Minister Fatih Dönmez has told Bloomberg.

Turkey may be able to start with an initial annual production capacity of 3.5 billion cubic meters of gas in 2023, Dönmez said in the interview published on Sept. 27.

The death toll from floods in Turkey's Black Sea region has risen to 66, authorities said late on Aug. 15

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Floods caused by heavy rain hit the region in the north of the country Wednesday, leaving 56 people dead in Kastamonu province, the Disaster and Emergency Management Authority (AFAD) said in a statement.

The death toll from floods in Turkey's Black Sea region rose to 58, authorities said late on Aug. 15. 

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Floods caused by heavy rains hit the region in the north on Wednesday, leaving 49 people dead in the province of Kastamonu, according to a statement by the Disaster and Emergency Management Authority (AFAD).

With 110 million cubic meters of storage and 28 million cubic meters of gasification capacity, Turkey's first publicly owned floating liquefied natural gas (LNG) storage and gasification vessel (FSRU) will add significant flexibility to Turkey's energy supply chain security, according to Energy and Natural Resources Minister Fatih Dönmez.

The inauguration ceremony of Turkey's first publicly-owned floating LNG storage and gasification vessel (FSRU) "Ertuğrul Gazi" will be held on June 25, presided over by Turkish President Recep Tayyip Erdoğan, the Energy and Natural Resources Minister Fatih Dönmez announced on June 23.

Turkish Petroleum Corporation (TPAO) and the State Oil Company of the Azerbaijan Republic (SOCAR) could work together in field development and production of Turkey's giant gas discovery in the Black Sea, Vagif Aliyev, deputy chairman of SOCAR Turkey told reporters.

SOCAR has been investing and collaborating with Turkish Petroleum Corporation since 1994.

Turkey is open to the option of drilling another exploratory well in the Black Sea this year following the discovery on Friday of 135 billion cubic meters of gas in the Amasra-1 well, Turkey's Energy and Natural Resources Minister Fatih Dönmez said on June 7.

Energy and Natural Resources Minister Fatih Dönmez has said that another exploratory natural gas well could be drilled in a field in the south or west of the Sakarya Gas Field in the Black Sea this year.

Turkey's Power Futures Market was launched on June 1 within the country's energy exchange, EXIST, to provide participants with the market stability and transparency.

Fatih Dönmez, Turkey's energy and natural resources minister, speaking at the opening ceremony said the market launch would contribute to the development of energy markets in the country.