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Ahlatci Holding’s energy subsidiary to be listed in Q3

Ahlatci Holding’s energy subsidiary to be listed in Q3

BY NEWS DESK Ahlatci Holding, which operates in the gold, energy, health, finance, automotive, and real estate sectors, will merge its energy subsidiaries Enerya AS and Cedas Group under a single roof and will make it public on the Borsa Istanbul stock exchange in the third quarter (Q3) of the year, according to Ahmet Ahlatci,...

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Erdogan says Turkey, Israel can jointly bring gas to Europe

Erdogan says Turkey, Israel can jointly bring gas to Europe

Turkey and Israel can work together to carry Israeli natural gas to Europe and the two countries will discuss energy cooperation during talks next month, Turkish President Tayyip Erdogan was quoted as saying on Friday. The two countries expelled their ambassadors in 2018 after a bitter falling-out. Ties have remained tense since with Ankara condemning...

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Were natural gas and power outages necessary: OPINION

Were natural gas and power outages necessary: OPINION

BY MEHMET KARA The business world, which started the new year with energy price hikes, is now facing natural gas and power outages. Turkish legislation clearly lays out how and why natural gas and electricity can be cut.  First, the natural gas provided to natural gas-fired combined cycle power plants (CCPP is cut), then come...

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Repairs ongoing to address Iranian gas problem to Turkey

Repairs ongoing to address Iranian gas problem to Turkey

Turkey is addressing the natural gas flow problem from Iran due to technical problems, the Energy and Natural Resources Minister Fatih Donmez said late on Monday. Iran had confirmed that it would not send natural gas to Turkey between January 21 and 31 due to a technical malfunction. In response, Donmez said maintenance teams have...

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Black Sea gas find to help raise output to 25% of EU capacity

Black Sea gas find to help raise output to 25% of EU capacity

BY BLOOMBERG A recently discovered natural gas field in the Black Sea is set to provide nearly a third of the country’s domestic needs when it reaches peak production capacity by 2027, Energy Minister Fatih Donmez said, unveiling details of his ambitious timeline to bring last year’s find on stream. The country may be able...