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Turkey set to become a major energy hub

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. 


View the TUROGE 2015 post show report
 

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 16 - 17 March 2016 at the Sheraton Ankara Hotelin 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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  • Umit Akın
    Umit Akın
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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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  • 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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  • Joris Grimbergen
    Joris Grimbergen
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  • Johnson Ji
    Johnson Ji
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  • Simon Pirani
    Simon Pirani
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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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  • Emre Yunt
    Emre Yunt
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  • Sefa Sadik Aytekin
    Sefa Sadik Aytekin
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  • Ali Yıldızel
    Ali Yıldızel
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  • Costis Stambolis
    Costis Stambolis
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  • Eser Özdil
    Eser Özdil
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  • Emre Engür
    Emre Engür
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  • Mehmet Gazi Dülger
    Mehmet Gazi Dülger
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  • Arkın Akbay
    Arkın Akbay
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  • Ridvan Ucar
    Ridvan Ucar
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  • Kerem Yüksel
    Kerem Yüksel
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  • Zhao Xianliang
    Zhao Xianliang
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  • Akos Kriston
    Akos Kriston
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  • Karsten Fuelster
    Karsten Fuelster
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  • Hayati Öztürk
    Hayati Öztürk
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Updates on offshore and onshore exploration projects including shale gas prospects


How to expand refining and petrochemical capacity

Understanding investment, regulatory and fiscal frameworks


23/03/2015

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