Ministry of Energy

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Ministry of Energy

Turkey plans Aegean oil research

Turkey has announced plans to begin oil exploration in the Aegean Sea within its territorial waters.

The Turkish Petroleum Corporation (TPAO) has been granted nine exploration licenses by Turkey's Ministry of Energy. These licenses, valid for eight years each, cover the Gulf of Xiros and areas near the Dardanelles, following a request made in June 2023.

Bulgartransgaz: At this stage, the Supply of Russian Gas to Bulgaria has not been Interrupted

"At this stage, Russian gas supplies to Bulgaria have not been interrupted so far," Vladimir Malinov, executive director of the Bulgarian gas network operator Bulgartransgaz, told Reuters.

On Tuesday, the Ministry of Energy announced that Gazprom had informed the Bulgarian state gas company Bulgargaz that it would suspend gas supplies from Wednesday.

EBRD offers new 400 mln-euro financing for small-scale sustainable energy projects in Turkey

The European Bank for Reconstruction and Development (EBRD) has said it is providing a new 400 million euro financing package for small-scale renewable energy and resource efficiency projects Turkey in a bid to support the country's continuous drive towards a low-carbon economy, in a written statement on Dec. 7.