Energy in Turkey

Turkey's Petroleum Pipeline Corporation (Botaş) has lowered natural gas flow to large industrial sites and power stations by 40 percent because of a disruption in pipeline gas imports from Iran.

The national pipeline company has taken all neceassary measures for households not be affected by the shortage, a statement released in the evening on Jan. 20 said.

Turkey's natural gas storage capacity will be increased from 4.7 billion cubic meters to 11 billion cubic meters by 2023, Energy and Natural Resources Minister Fatih Dönmez told parliament members on Dec. 7.

Turkey will soon announce a significant natural gas discovery in the Black Sea, the country's Energy and Natural Resources Minister Fatih Dönmez said on Nov. 9.

An additional natural gas trade agreement of 11 billion cubic meters to run until the end of 2024 has been agreed upon between Azerbaijan and Turkey, according to Turkey's Minister of Energy and Natural Resources Fatih Dönmez on Oct. 15. 

Turkey is in a good position in terms of energy supplies compared to European countries amid the energy crisis that has exposed low stocks and skyrocketing energy prices, according to Turkey's Minister of Energy and Natural Resources Fatih Dönmez on Oct. 13.

Thanks to recent investments in natural gas and electricity infrastructure, Turkey will not face any energy shortage in winter, Energy and Natural Resources Minister Fatih Dönmez has said.

Turkey's electricity consumption increased by around 0.33 percent in September, compared to the same month of 2020, according to the latest data released by Turkey's Energy and Natural Resources Ministry.

Turkey's energy import bill increased by 104% to $4.36 billion in August this year compared to the same month last year, according to data released by the TÜİK on Sept. 30.

The overall energy import bill soared last month due to an increase in the country's industrial production.

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.

Turkey's energy import bill increased by 64 percent to $3.95 billion in July this year compared to the same month last year, according to data released by the Turkish Statistical Institute (TÜİK) on Aug. 31.

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The overall energy import bill soared last month due to an increase in the country's industrial production.