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Turkey set to become a major energy hub

Turkey’s Energy Minister Taner Yıldız has stated that Royal Dutch Shell and Turkish Petroleum Corporation will start drilling for oil and gas in the western Black Sea starting January 2015. 


Download the 2014 post show report
 

The International Energy Agency estimates that Turkey will likely experience the fastest medium to long-term growth in energy demand among its member countries. It is estimated that electricity, natural gas and oil demand will reach 398-434 billion kWh, 59 BCM and 59 million tons, respectively. 
 

Only 26% of Turkey’s energy needs are met domestically; the remainder is provided by imports. Thus, now is the right time for you to enter this market as the Turkish Government is giving priority to the private sector for financing inward investments. 
 

Gain more insights by attending the 14th Turkish International Oil and Gas Conference (TUROGE), taking place on 18 - 19 March 2015 at the Sheraton Ankara Hotel and Convention Center in Ankara, Turkey
 

Turkey’s national energy strategy focuses on: ensuring diversified, reliable, and cost-effective supplies for domestic consumption; liberalising its energy market; and becoming a key transit country and energy hub. Three quarters of the world's proven oil and gas resources are located in the country’s neighbouring regions.  
 

Turkey is also making strong progress in becoming a regional energy hub, with The Kurdistan Regional Government planning to increase oil exports through the Kurdistan crude oil pipeline to Turkey to 400,000 b/d by yearend and 500,000 b/d by the end of first-quarter 2015. This alliance may significantly help Turkey reduce its dependency on Russian and Iranian gas imports.
 

Furthermore, the country has been undertaking steady exploration activities with current seismic surveys being conducted off the coast of Cyprus, and ongoing exploration in Thrace and the south eastern regions which – to date - has attracted $7.5 billion investment over the past 12 years

 
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  • Mehmet Konuk
    Mehmet Konuk
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  • İsmail Bahtiyar
    İsmail Bahtiyar
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  • Sevket Demirbas
    Sevket Demirbas
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  • Besim Sisman
    Besim Sisman
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  • Necdet Pamir
    Necdet Pamir
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  • Volkan Ozdemir
    Volkan Ozdemir
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  • Selami Incedalci
    Selami Incedalci
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  • Olivier Benyessaad
    Olivier Benyessaad
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  • Nusret Comert
    Nusret Comert
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  • Matthew Bryza
    Matthew Bryza
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  • Luay Al-Khatteeb
    Luay Al-Khatteeb
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  • Umit Akın
    Umit Akın
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  • Karsten Fuelster
    Karsten Fuelster
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  • Volkan Ediger
    Volkan Ediger
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  • Fatih Baltacı
    Fatih Baltacı
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  • Armagan Derman
    Armagan Derman
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  • Gilles Valentin
    Gilles Valentin
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  • John Roberts
    John Roberts
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  • Mark Mozur
    Mark Mozur
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  • Sohbet Karbuz
    Sohbet Karbuz
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  • Taner Yıldız
    Taner Yıldız
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  • Kenan Yavuz
    Kenan Yavuz
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  • Joris Grimbergen
    Joris Grimbergen
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  • Johnson Ji
    Johnson Ji
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  • Simon Pirani
    Simon Pirani
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  • Sergiy Korsunsky
    Sergiy Korsunsky
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  • Richard Sentkar
    Richard Sentkar
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  • Erdal Coşkun
    Erdal Coşkun
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  • Coşkun Namoğlu
    Coşkun Namoğlu
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  • Huseyin Yakar
    Huseyin Yakar
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  • Emre Yunt
    Emre Yunt
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  • Sefa Sadik Aytekin
    Sefa Sadik Aytekin
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Updates on the Southern Gas Corridor, TAP and TANAP projects

Identifying potential sources of alternative gas supply with a special focus on cooperation in the East Mediterranean and Northern Iraq

Updates on offshore and onshore exploration projects including shale gas prospects


How to expand refining and petrochemical capacity

Understanding investment, regulatory and fiscal frameworks


16/02/2015

The TUROGE 2015 app now available to download here

29/01/2015

H.E. Taner Yıldız, the Minister for Energy and Natural Resources of Turkey has confirmed to speak at the TUROGE Conference. We are delighted to have the Minister on board!

 
14/01/2015

The General Directorate of Mineral Research and Exploration (MTA) have issued an official support letter for TUROGE 2015. View the letter here

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