News

New Reform and Investment Era in Energy

Minister of Energy and Natural Resources Alparslan Bayraktar said that Türkiye has the potential to commission 8-10 thousand megawatts of installed capacity annually in renewable energy. Emphasizing that 80 thousand megawatts of capacity allocation has been made for investors and that improvements will be made in permit processes, Bayraktar said, “Türkiye is entering a new period of reform and investment. At the top of our reforms is especially the improvement of permit processes. We plan to bring it to the agenda of our Parliament hopefully within this year.

02.10.2024
BOTAŞ and Total Sign 10-Year LNG Agreement

Türkiye continues to take steps to expand its natural gas supply range. A new one has been added to the agreements previously signed with 3 global companies. During the visit of Minister of Energy and Natural Resources Alparslan Bayraktar to the USA, BOTAŞ and TotalEnergies signed a 10-year LNG agreement. With the agreement, Total will supply a total of 16 LNG cargoes of approximately 1.6 billion cubic meters per year starting in 2027. BOTAŞ will be able to take delivery of some of the LNG from the filling ports in the US and some from terminals in Türkiye and Europe.

18.09.2024
Minister Bayraktar Speaks at Gastech2024

Minister of Energy and Natural Resources Alparslan Bayraktar described the natural gas coming to Türkiye from different sources and stored in Türkiye as the Turkish Blend and announced that they will be able to export it to European markets with the provision of the necessary infrastructure.

17.09.2024
Minister of Energy and Natural Resources Bayraktar Participated in AA Editorial Desk

Minister of Energy and Natural Resources Alparslan Bayraktar stated that 600 liras of a thousand lira electricity and natural gas bill is covered by the state and said, “We are considering a model in which our lower income citizens, pensioners benefit from this support, and citizens whose consumption is above a certain rate meet the real costs instead of benefiting from these support mechanisms.” 

11.09.2024
Energy and Mining Summit Proposal to Arab League States

Minister of Energy and Natural Resources Alparslan Bayraktar stated that they aim to take cooperation with the Arab League states further in every field and said, “Organizing a summit in the field of energy and mining with the Arab League states is important for the development of more permanent, more concrete, multilateral cooperation.”

10.09.2024
First Lecture by Minister Bayraktar of the new academic year by Minister Bayraktar

Minister of Energy and Natural Resources Alparslan Bayraktar attended the opening ceremony of the new academic year at Cezeri Green Technology Vocational and Technical Anatolian High School.

09.09.2024
Strategic Agreement Between BOTAŞ and Shell

A strategic agreement was signed between BOTAŞ, Türkiye's flag carrier in the field of natural gas, and Shell, the world's leading oil and natural gas company. 

02.09.2024
Historic Record in Oil and Natural Gas Production

Türkiye's oil and natural gas production reached record levels in August. Minister of Energy and Natural Resources Alparslan Bayraktar stated that total crude oil production in Türkiye reached 107 thousand 621 barrels on August 17 and said, “We also broke a production record in natural gas this month. On August 15, we broke a production record with 7 million 609 thousand 427 cubic meters.”

22.08.2024
BOTAŞ marks its 50th anniversary

The Petroleum Pipeline Transportation Corporation (BOTAŞ) has left half a century behind. Founded on August 15, 1974, a ceremony was held to mark the 50th anniversary of the company. Minister of Energy and Natural Resources Alparslan Bayraktar, who attended the event organized at BOTAŞ, said “Türkiye has become a leading country that produces its own natural gas, has diversified its supply sources, has export capability thanks to its strong infrastructure and supply portfolio, and contributes to the supply security of its region and Europe. In this sense, BOTAŞ is the brand and flag carrier of our country.”

15.08.2024
Türkiye, Turkmenistan want to trade 300 bcm of gas in next 20 years: Turkish energy minister

Ankara working to transport Turkmenistan’s gas to Türkiye then to Europe, Alparslan Bayraktar says after visiting Turkmenistan

31.07.2024
Türkiye, Azerbaijan energy cooperation to benefit regional energy security

Turkish energy minister hails Southern Gas Corridor as ‘testament to power of regional cooperation’

04.06.2024
Natural gas supply deal between Azerbaijan, Türkiye extended up to 2030

Turkish Petroleum Pipeline Corporation (BOTAS), SOCAR and Azerbaijan Gas Supply Company (AGSC) agree natural gas supply deal

04.06.2024
Türkiye and Azerbaijan ink extensive gas deal

Countries pledge to increase gas capacity via several pipelines

14.05.2024
Türkiye 'ready' to enhance energy cooperation with US: Minister

Number of areas between Türkiye, US growing as energy transition has become 'undeniable reality of industry,' says Alparslan Bayraktar

10.05.2024
Ankara invites US companies to invest in Small Modular Reactors in Türkiye: Minister

Small Modular Reactors have appeared before world as important alternative in nuclear industry, Energy and Natural Resources Minister Alparslan Bayraktar tells Anadolu

10.05.2024