Turkey has started preparatory works on Monday for shallow water drilling in the Mediterranean sea off the coast of Mersin in southern Turkey, Turkey's Energy Minister Fatih Donmez confirmed.
Natural gas need of 15 million houses will be met when the project totally completed. Minister of Energy and Natural Resources Fatih Dönmez said at the ceremony.
Turkey reached an agreement with the World Bank for $200 million in funding for public sector energy efficiency investments, Turkey's Energy and Natural Resources Minister Fatih Donmez said Monday.
Turkey's first drilling vessel, Fatih, started conducting its first deep drilling in offshore Antalya on the county's southern Mediterranean coast on Tuesday.
Turkish and Germany energy ministers on Friday signed a letter of intent to develop energy projects. The document was signed at the Turkish-German Energy Forum held in Turkish capital Ankara.
Speaking at the 9th Exploration and Production Activity Consultation meeting in Ankara, Turkish Energy and Natural Resources Minister Fatih Donmez said that Turkey would not allow any parties to breach Turkey's rights or those of the Turkish Republic of Northern Cyprus (TRNC) based on international law.
Turkey and Kazakhstan aim to gradually increase annual bilateral trade from the current $5 billion up to $10 billion over a seven to eight year period, Turkish Energy and Natural Resources Minister said Wednesday
Turkey aims to drill its first well in the Mediterranean before this winter, Turkish Energy and Natural Resources Minister said Wednesday.
Turkey is working on the recruitment of 1,500 workers for the domestic coal sector, Turkish Energy and Natural Resources Minister, Fatih Donmez, said Wednesday
EPIAS, Energy Stock Exchange Istanbul, launched its spot natural gas trade system on the energy stock exchange on Saturday with the attendance of Fatih Donmez, Turkey's Energy and Natural Resources Minister.