Fatih Dönmez

Iran fails to meet conditions in natural gas contract: Turkey

Iran has failed to meet some technical conditions regarding the setup in the natural gas contract with Turkey, Energy and Natural Resources Minister Fatih Dönmez has said.

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

Turkey discovered 60 mln barrels of oil equivalent reserves so far in 2021: Minister

Turkey discovered an additional 60 million barrels of oil equivalent reserves with 26 new onshore explorations this year, Fatih Dönmez, the minister of energy and natural resources, announced on Nov. 1.

Speaking in parliament, Dönmez summarized the achievements that Turkey made with its own vessels on the completion of 15 offshore drillings along with the onshore explorations.

Turkish gas find to help raise output to 25 percent of EU capacity: Minister

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.

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