Fatih Dönmez

Turkey to launch its first floating LNG storage and gasification vessel

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.

Oil to be extracted from 3 wells

Turkey is set to extract petroleum from three newly discovered reserves in the country's southeast and northwest, the energy and natural sources minister said on May 27.

"Following the discovery of 405 billion cubic meters of natural gas in the Black Sea, we have also found oil in three new onshore wells," Fatih Dönmez tweeted.

Turkey could expand drilling in eastern Mediterranean: Minister

Turkey may drill more boreholes in its search for gas in the eastern Mediterranean, Energy Minister Fatih Dönmez said on May 24.

Turkey has already opened eight boreholes in the region, Dönmez said, adding that while there were signs of natural gas, there had been no economically significant discovery.

Erdoğan, Putin remotely start nuclear reactor construction

The presidents of Turkey and Russia remotely inaugurated the construction of a third nuclear reactor at the Akkuyu power plant in southern Turkey on March 10, vowing to continue their close cooperation.

Turkish President Recep Tayyip Erdoğan said the plant would launch Turkey into the "league of nuclear energy countries" and called it a "symbol of Turkish-Russian cooperation."

Gold discovery in Bilecik to create 800 new jobs

Turkey discovered 1.92 million ounces of gold reserves in the country's northwestern province of Bilecik, the  Energy and Natural Resources Minister Fatih Dönmez said on Feb. 3. 

Speaking at the ruling Justice and Development Party's provincial congress in Bilecik, Dönmez said the new reserves are forecast to produce 6-7 tons of gold per year, while offering employment to 800 people.