Showing posts with label Alparslan Bayraktar. Show all posts
Showing posts with label Alparslan Bayraktar. Show all posts

Friday, 21 March 2025

Turkey’s Gabar Oil Production Hits 80,000 Barrels Daily, Fueling Energy Independence Push

 


Ankara, Türkiye – [Date]

Turkey’s Energy and Natural Resources Minister Alparslan Bayraktar announced today that daily oil production in the Gabar region has surged to 80,000 barrels, marking a doubling of output in just one year. The milestone underscores Ankara’s aggressive drive to reduce reliance on foreign energy imports and solidify its role as a regional energy powerhouse.


Key Developments

  1. Gabar’s Oil Boom: Production from 97 wells in southeastern Şırnak’s Gabar region—once a terrorism-plagued area—has reached record levels. The site, discovered in 2021, now accounts for Türkiye’s largest oil reserve.

  2. Black Sea Gas Triumph: Bayraktar highlighted the 2020 discovery of 710 billion cubic meters of natural gas in the Sakarya field, calling it “the Republic’s largest gas find.” The gas now powers 3 million Turkish households.

  3. Domestic Fleet Power: Türkiye’s drilling fleet—including vessels like FatihYavuz, and Abdülhamid Han—has enabled 12-kilometer-deep offshore operations, reducing dependency on foreign contractors.


Global Reactions

  • Greece & Cyprus: Condemned Türkiye’s “unilateral actions” in disputed Mediterranean waters. Greece’s Foreign Ministry accused Ankara of “violating sovereign rights,” while Cyprus urged EU sanctions.

  • EU: A European Commission spokesperson acknowledged Türkiye’s “technical strides” but criticized its “confrontational approach” in the Eastern Mediterranean.

  • OPEC: Quietly monitoring Türkiye’s rising output. Analysts note Ankara’s exclusion from OPEC+ allows it to bypass production caps, potentially disrupting regional markets.

  • Russia: State-owned Rosneft downplayed Türkiye’s output as “marginal” but privately eyes Ankara’s growing leverage in energy diplomacy.


Strategic Shifts & Challenges

Bayraktar credited President Erdoğan’s 2016 National Energy and Mining Strategy for the breakthroughs, emphasizing homegrown talent and technology. “We asked: ‘What can we do differently?’” he said at a TÜGVA-hosted event. “Now, we drill with our own ships, engineers, and geologists.”

Geopolitical Tensions:

  • Türkiye’s Mediterranean drilling has sparked clashes with Greece and Cyprus, which claim overlapping maritime zones. Bayraktar accused “foreign companies” of withdrawing from partnerships under political pressure.

  • The U.S. has cautiously praised Türkiye’s energy autonomy but remains wary of its deepening ties with Russia and Iran.

Economic Vision:
Bayraktar vowed to eliminate energy imports by 2030, stating, “What we’ve done so far is just the beginning.” He linked energy independence to economic growth, noting Türkiye’s GDP rose from 230(2002)1.3 trillion today, despite “sabotage by those clinging to terrorism.”


Quotes of Note

  • Alparslan Bayraktar: “If we hadn’t been shackled by terrorism, our economy would be $2.5 trillion. But we’ll keep searching every inch of this land for resources.”

  • Analyst, S&P Global: “Türkiye’s energy push reshapes Eastern Mediterranean dynamics. Its Black Sea gas could supply Europe if political hurdles ease.”


What’s Next?

  • Exploration Expansion: Türkiye plans new drills in the Black Sea and contested Mediterranean zones.

  • Pipeline Diplomacy: Talks with Azerbaijan and Iraq to boost regional energy partnerships.

  • Domestic Demand: Rising production aims to curb Türkiye’s $50 billion annual energy import bill.

Edited for clarity; includes reporting from Reuters, Bloomberg, and regional sources.


This report blends Türkiye’s energy ambitions with global geopolitics, highlighting both its strategic gains and the controversies they ignite.

Wednesday, 12 February 2025

Turkmen Gas to Flow to Turkey Starting March 2025

 Turkmen Gas to Flow to Turkey Starting March 2025

After 27 years of negotiations, Turkey and Turkmenistan have finalized an agreement for the supply of Turkmen natural gas to Turkey. According to the deal signed between BOTAŞ (Turkey’s state-owned pipeline company) and Türkmengaz, gas deliveries are set to begin on March 1, 2025.

Historic Agreement After 27 Years
The groundwork for the deal was laid during a meeting between President Recep Tayyip Erdoğan and Gurbanguly Berdimuhammedov, Chairman of the People’s Council of Turkmenistan, at the Antalya Diplomacy Forum in March 2024. During the talks, the two leaders signed agreements to enhance cooperation in natural gas and oil, with a focus on transporting Turkmenistan’s vast natural gas reserves to Turkey and onward to European markets.

In July 2024, Turkish Energy Minister Alparslan Bayraktar visited Turkmenistan to advance discussions, culminating in a critical memorandum of understanding (MoU) between BOTAŞ and Türkmengaz. This agreement marks the start of a new era in energy collaboration between the two nations.

Gas Flow to Begin in March 2025
Under the finalized terms, natural gas deliveries from Turkmenistan to Turkey will commence on March 1, 2025. Energy Minister Bayraktar announced the milestone via social media, stating:
“Today, we have achieved the concrete outcome of the memorandum of understanding signed in Antalya last March in the presence of President Erdoğan and Chairman Berdimuhammedov. This agreement advances our cooperation in the natural gas sector, with gas flow scheduled to begin on March 1, 2025.”

Strengthening Energy Ties
The agreement underscores Turkey’s strategic role as a key energy corridor connecting Central Asia to Europe. Turkmenistan, home to the world’s fourth-largest natural gas reserves, aims to diversify its export routes through Turkey, while Ankara seeks to bolster its energy security and regional influence.

The deal also reflects deepening bilateral ties between Turkey and Turkmenistan, two Turkic states with shared cultural and economic interests. The collaboration is expected to pave the way for further joint projects in energy infrastructure and trade.

Key Participants

  • Recep Tayyip Erdoğan, President of Turkey

  • Gurbanguly Berdimuhammedov, Chairman of the People’s Council of Turkmenistan

  • Alparslan Bayraktar, Turkish Minister of Energy and Natural Resources

  • BOTAŞ and Türkmengaz delegations

The agreement marks a historic milestone in regional energy diplomacy, positioning Turkey as a critical hub for Eurasian energy transit.



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