News

Türkiye and Canada have entered a new phase in their nuclear energy cooperation. Türkiye Nuclear Energy Corporation (TÜNAŞ), which is responsible for developing nuclear power plant projects in Türkiye, signed an agreement with Candu Energy Inc., a subsidiary of Canada’s AtkinsRéalis. Under the agreement, the two companies will carry out feasibility and front-end engineering design studies for CANDU reactor technology.

Eight international financial institutions signed a letter of support for Saudi company ACWA’s Sivas and Taşeli solar power projects in Türkiye, which have a combined capacity of 2 GW. The signing took place in the presence of Türkiye’s Minister of Energy and Natural Resources, Alparslan Bayraktar, and Saudi Arabia’s Minister of Energy, Prince Abdulaziz bin Salman Al Saud.

Türkiye and Saudi Arabia signed a Memorandum of Understanding on Cooperation in Electricity Projects. Minister of Energy and Natural Resources Alparslan Bayraktar, who signed the memorandum in the presence of President Recep Tayyip Erdoğan, said: “We envisage developing wind power plants supported by high-voltage direct current transmission infrastructure and battery energy storage systems. Through these investments, which will expand our renewable energy capacity while strengthening our grid infrastructure and enhancing system flexibility, we are deepening our strategic energy cooperation with Saudi Arabia. We will continue turning confidence in Türkiye’s energy transition and investment climate into concrete projects.”

Minister of Energy and Natural Resources Bayraktar: “We Aim to Deliver Electricity to European Markets via the Azerbaijan–Georgia–Türkiye–Bulgaria Route. This Step Will Strengthen Energy Ties Among Our Countries”

Minister of Energy and Natural Resources Alparslan Bayraktar said: “I believe the future of energy will be shaped by countries that can combine ambitious targets with realistic and pragmatic policies, robust infrastructure and, of course, effective and comprehensive international partnerships. National Energy 2040 is a concrete expression of our commitment to that future.”

Türkiye and South Korea signed two memoranda of understanding; one on energy and the other on mining, aimed at strengthening energy supply security, accelerating technology transfer and increasing value-added production in the mining sector. Minister of Energy and Natural Resources Alparslan Bayraktar signed both agreements. During the visit, Türkiye Nuclear Energy Company (TÜNAŞ) and the Export-Import Bank of Korea (KEXIM) also signed a Memorandum of Understanding on Cooperation in Nuclear Power Project Financing.

Minister of Energy and Natural Resources Alparslan Bayraktar indicated that new energy cooperation could be on the horizon between Türkiye and Italy. Emphasizing that Türkiye continues to invest in exploration and production and has the world’s fourth-largest drilling fleet, Minister Bayraktar said: “I hope we will soon make a major announcement with Eni. I cannot disclose the details of the agreement at this stage; we need to finalize it first, but it is a major project. Türkiye and Italy can develop partnerships not only in their own countries but also in third countries and across different regions. We can build partnerships from Africa to the Middle East and from the Middle East to Central Asia, and we are ready to do so.”

Osman Gazi, Türkiye's first floating production platform, which will double the domestic natural gas production in the Black Sea, was sent off to the Black Sea from Zonguldak Filyos.

Energy and Natural Resources Minister Alparslan Bayraktar stated that they view LPG as an important tool in solving global energy access issues, noting, “Approximately two billion people worldwide still lack access to clean cooking. In communities where electricity and natural gas infrastructure is limited, LPG offers a practical and cleaner alternative to traditional cooking fuels. “We will bring clean cooking to the global agenda at COP31, to be held in Antalya,” he said.

Alparslan Bayraktar, Minister of Energy and Natural Resources, spoke in Saudi Arabia. Noting that energy security will become the top priority, Minister Bayraktar said, “Through broad-based cooperation, we—including nations, countries, and companies—can demonstrate just how resilient global energy markets are.”

Minister of Energy and Natural Resources Alparslan Bayraktar stated, “One of the most important messages we will convey to the world at COP31 is electrification. We believe that electrification is also crucial in the world’s fight against climate change, and as Türkiye, we are preparing our energy vision and plans in line with the new world of electricity.” Minister Bayraktar noted that they intend to announce the 2040 Türkiye National Energy Plan, which they are currently working on, to the world ahead of COP31.

"Memorandum of Understanding in the Field of Phosphate" was signed between the General Directorate of Mineral Exploration and Exploration (MTA), which is affiliated institutions of the Ministry of Energy and Natural Resources, and MTAIC and the General Directorate of Syrian Geology and Mining Resources in order to develop a strategic partnership in the field of mining.

Minister of Energy and Natural Resources Alparslan Bayraktar stated that a fairer world is also possible in energy and said, "We say 'Let's use energy diplomacy as a tool that can be instrumental in global peace, regional peace and ending conflicts'. We believe that it is right to use energy as a source of peace and to use it as a source in the resolution of regional conflicts.”

Türkiye achieved great success in the International Nuclear Science Olympiad (INSO) organized among high school students in order to strengthen global cooperation in nuclear science and technology education. High school students, who won one gold and three bronze medals in the Olympics, which they participated for the first time this year, gave hope for the future.

The details of the partnership that Türkiye will take part in the oil and natural gas explorations to be carried out in Bulgarian territorial waters have been announced. Türkiye Petrolleri Anonim Ortaklığı (TPAO) became a 33 percent partner in the oil and natural gas exploration license in Bulgaria's "Khan Tervel Block 1-26" field in the Black Sea.