News about Turkey

Turkish Energy Minister Alparslan Bayraktar said Turkey will buy part of the diesel Russia exports under a deal between Moscow and U.S. President Donald Trump, but gave no volume, delivery timing or commercial terms. The deal has drawn opposition from Ukrainian President Volodymyr Zelensky, some European officials and Republican lawmakers, who fear it will help Russia recover energy revenue while the Russia-Ukraine conflict continues. Turkey relies heavily on energy imports and aims to boost output at the Black Sea Sakarya field, where the first floating production unit, Osman Gazi, was brought to the Black Sea on 17 October and is expected to raise output from about 9.5 million m³ to 20 million m³ per day. A second, larger unit is planned for Q1 2028, adding about 25 million m³ per day and lifting Sakarya output to 45 million m³ per day, or about 16.4 billion m³ a year, enough to meet the needs of about 3/4 of households. Turkey consumed about 59 billion m³ of gas last year but produced only 3.1 billion m³ domestically, roughly 5% of demand.