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Minister of Energy and Natural Resources Alparslan Bayraktar, Fasting

He evaluated the claims that the Reis Seismic Research Ship found oil in Somalia. “It is out of the question for us to make a statement saying 'We have found something in Somalia' when seismic studies have not yielded any results,” Minister Bayraktar said, underlining that they do not announce results without conducting seismic studies and seeing the results of drilling. Minister Bayraktar stated that they will supply natural gas to Syria from Kilis within the next 3 months and said, “We will provide a daily gas flow of 6 million cubic meters.” 

Last year, Türkiye commissioned 6 thousand 182 electricity generation plants with a total investment value of approximately 5 billion dollars. Renewable energy plants accounted for 98 percent of the plants with a total installed capacity of 6,818 megawatts. “Our goal is to make Türkiye a net exporter in resources and technology,” said President Recep Tayyip Erdoğan at the official opening of the power plants.

The heart of the global energy sector beat in Istanbul. The summit, organized under the motto “Securing Resources, Rebuilding the Future”, brought together important decision-makers in the field of energy. Opening the summit, President Recep Tayyip Erdoğan said, "We will make Türkiye a global actor in the field of natural gas and oil exploration. In this new era, our country will sign brand new collaborations all over the world. It will make unique contributions to global energy security." Istanbul Natural Resources Summit was held at Lütfi Kırdar Congress Center. Organized by Turkuvaz Media Group under the auspices of the Ministry of Energy and Natural Resources, the summit was hosted by Alparslan Bayraktar, Minister of Energy and Natural Resources.

Meeting with a group of journalists, Minister of Energy and Natural Resources Alparslan Bayraktar announced that the first phase has been completed with a daily production of 9.5 million cubic meters in the Black Sea.

Türkiye has taken a new step towards the exploration of oil and natural gas abroad. While the Oruç Chief Seismic Research Ship continued its activities in the Somali seas, a new cooperation was made with Pakistan this time. Türkiye Petrolleri and Pakistan's 3 national oil companies will make a joint bid for Pakistan's tender for 40 sea blocs.

Türkiye signed a historic agreement with its eastern neighbors Azerbaijan and Georgia and its western neighbor Bulgaria. Minister of Energy and Natural Resources Alparslan Bayraktar, who was in Baku for the annual meeting of the Southern Gas Corridor, signed the Memorandum of Understanding on Cooperation in the Field of Green Electricity Transmission and Trade with the Ministers of the 3 countries. With the agreement, electricity generated from renewable energy sources such as solar and wind will reach Europe by following the Azerbaijan-Georgia-Türkiye-Bulgaria route.

Following the arrival of Turkmen gas to Türkiye in early March, relations between the two countries in the field of energy are deepening. Minister of Energy and Natural Resources Alparslan Bayraktar, who held talks in Ashgabat, the capital of Turkmenistan, met with President of the People's Assembly of Turkmenistan Gurbanguly Berdimuhammedov and President of Turkmenistan Serdar Berdimuhammedov. 

An important agreement was signed in CERAWeek 2025, which beats the heart of the global energy sector. With the agreement signed by the national oil company TPAO with TransAtlantic Petroleum and Continental Resources, unconventional oil and gas resources in the Diyarbakır Basin will be developed. 

The uninterrupted flow of natural gas through Türkiye to Nakhchivan, an autonomous republic of Azerbaijan located on Türkiye's eastern border, has begun. Stating that the line is a sign of the unity of destiny with Nakhchivan, President Recep Tayyip Erdoğan said, “This 80 km. long line built by BOTAŞ with a daily transportation capacity of up to 2 million cubic meters will meet the entire natural gas needs of Nakhchivan for at least 30 years.”

The details of the agreement reached on the supply of Turkmen gas to Türkiye have been announced. Minister of Energy and Natural Resources Alparslan Bayraktar, who is in Indonesia with H.E. President Recep Tayyip Erdoğan, announced that the gas will be received through swap through Iran. Minister Bayraktar stated that they will provide a natural gas supply of 1.3 billion cubic meters of natural gas by the end of the year and stated that the final target is a pipeline through the Caspian.

Negotiations on natural gas trade between Türkiye and Turkmenistan, which started in 1998, reached a conclusion after 27 years. BOTAŞ and Turkmengaz reached an agreement on the supply of Turkmen gas to Türkiye. With the agreement, deliveries are planned to start as of March 1, 2025.

Tenders were organized for 6 Renewable Resource Areas (YEKA) allocated for solar power plants. A total of 146 applications from 67 companies were made in the competitions, and areas with a total capacity of 800 megawatts were allocated. Alparslan Bayraktar, Minister of Energy and Natural Resources, stated that there was great interest in the tenders and said, “There was a competition process in which we will make an investment of approximately 500 million dollars and generate 1.5 billion kilowatt-hours of electricity per year, which means that we will meet the electricity needs of 600 thousand households.

Minister of Energy and Natural Resources Alparslan Bayraktar stated that the new tariff in electricity will start on February 1 and that there will be no change in the bills of 40 million out of 42 million electricity subscribers.

Minister of Energy and Natural Resources Alparslan Bayraktar, who sent two different delegations to Damascus to assess the situation for the reconstruction of Syria, gave a Syrian message in Abu Dhabi, the capital of the United Arab Emirates. Emphasizing the importance of relations with neighbors, Minister Bayraktar said, “We aim to increase our interconnections with our neighbors and triple them. We are currently supplying energy to Iraq. We are planning to increase the energy we provide to Syria in the near future and we hope to stabilize the region.”

Minister of Energy and Natural Resources Alparslan Bayraktar made significant remarks regarding the electricity distribution sector, which has been operated by the private sector for nearly 15 years. He stated that consumers have become producers and that digitalization has brought both opportunities and risks. "We cannot expect these services to be delivered with outdated approaches. The year 2025 will be an important one where we design a new electricity distribution and retail market structure and make bold and groundbreaking decisions," said Bayraktar.