Will Turkey extract natural gas with int’l companies or via domestic facilities?

Turkey’s exploration of 320 billion cubic meters of natural gas in Sakarya Basin with its new name (formerly known as Tuna-1) offshore Zonguldak was the most important agenda item of the week. Experts say that after detailed investigations, the exact amount of natural gas in the region can be determined. Countries such as Russia and Azerbaijan More...

by BTT | Published 4 weeks ago
Ferrous & Non-Ferrous Metals Exporters: Turkey’s Production down by 11 percent
By BTT On Monday, December 2nd, 2019
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Ferrous & Non-Ferrous Metals Exporters: Turkey’s Production down by 11 percent

US President Donald Trump’s threat to increase the tax tariff applied to Turkish steel exports from 25 percent to 50 percent was met with concern by Turkish iron and steel exporters. Chairman of the Board More...

Tupras, Turkey’s petrochemical giant makes TL 495 million net profit in first half 2019
By BTT On Saturday, August 17th, 2019
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Tupras, Turkey’s petrochemical giant makes TL 495 million net profit in first half 2019

Tupras Petrochemical Company which is the largest in its sector in Turkey has announced that it increased its production by 11 percent to 6.9 million tons in second quarter of 2019, compared to the same period More...

Turkey’s electricity generation from domestic sources increases to 60 percent
By BTT On Tuesday, February 5th, 2019
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Turkey’s electricity generation from domestic sources increases to 60 percent

It was shared by sources from the government that the share of domestic resources in electricity generation had risen to about 60 percent in January. Same officials also noted that the share of domestic resources More...

Panasonic Seferoğlu Solar Energy Plant in Kayseri
By BTT On Tuesday, December 18th, 2018
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Japanese Panasonic invests in solar energy power plant in Kayseri Turkey

Turkey which does not have natural energy sources such as oil and natural has focused on alternative energy options for quite a while now. Within this frame and as part of this new strategy many new investments More...

Energy and Natural Resources Minister says Turkey determined to find oil and natural gas
By BTT On Saturday, November 24th, 2018
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Energy and Natural Resources Minister says Turkey determined to find oil and natural gas

It is reported Turkey will have its second drill ship in December this year, to conduct research for oil and natural gas in its waters. Mr. Fatih DÖNMEZ, the Energy and Natural Resources Minister gave the good More...

Turkey is proud of its Star Refinery, a giant investment in its energy sector
By BTT On Thursday, October 25th, 2018
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Turkey is proud of its Star Refinery, a giant investment in its energy sector

Turkey has just completed its largest and most expensive investment and put it into operation. The investment called STAR refinery is reported to have cost US$ 6.3 billion and is the largest investment ever in More...

Turkey has a bright future for investment opportunities in wind energy industry
By BTT On Monday, October 22nd, 2018
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Turkey has a bright future for investment opportunities in wind energy industry

Foreign experts in the sector comment that Turkey has a bright future in the wind energy sector with strong investment environment and resources. For decades, Turkey has been realizing legislative changes and making More...

Turkey’s biggest real sector investment Star to reduce foreign trade deficit by $ 1.5 billion
By BTT On Saturday, October 20th, 2018
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Turkey’s biggest real sector investment Star to reduce foreign trade deficit by $ 1.5 billion

One of the major problems of Turkey has certainly been foreign trade deficit, for ages. Turkey needs to establish the balance between foreign revenues and import payments for a healthier financial picture. The More...

Turkey to install 500 megawatts capacity solar power plant in Nigde
By BTT On Thursday, October 18th, 2018
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Turkey to install 500 megawatts capacity solar power plant in Nigde

It is reported that a solar power plant with a capacity of 500 megawatts will be installed in Niğde-Bor Energy Specialized Industrial Zone. The solar power plant (GES) to be established on an area of ​​2,500 More...