Taner Yildiz

The timeframe for the construction of Gazprom's Turkish Stream gas pipeline project seems unrealistic, according to government and industry officials in Turkey, Reuters has reported.

"The issue is not Turkish Stream alone, this is a whole package for Turkey's energy needs. We need to be a little bit patient," Energy Minister Taner Yildiz has told Reuters.

Turkish Energy Minister Taner Yildiz has described the Trans Anatolian Natural Gas Pipeline (TANAP) as a priority project for the country.

Russia's Gazprom said on Tuesday a planned gas pipeline to Turkey will become operational by the end of next year.

Turkey and Russia are in talks on the construction of the Turkish Stream gas pipeline meant to replace the scrapped South Stream gas pipeline project.

Deals regarding Iraqi oil were some of the most significant developments in the last year for Turkey's economy.

From notorious terrorists to naughty cats and salacious kisses, 2014 has been a year of oddities in Turkey. Here are our picks: 1) Al-Qaeda mastermind featured in Turkish cosmetic ad

Turkey will not include the largest hydropower plants in the privatization plan, even though investors have offered up to $20 billion to buy one of them, said Energy Minister Taner Yıldız Dec. 30.

Turkey is about to make new deals with new companies, which will be of great importance to Iraqi oil, Energy Minister Taner Yıldız said at the launch meeting of the World Energy Outlook 2014 report of the International Energy Agency (IEA) yesterday, as reported by Anadolu Agency.

Kurdish oil has been shipped by 39 oil tankers from Ceyhan but Iraqi Kurdish authorities have not yet paid all payments to Turkey's Halkbank, Energy Minister Taner Yıldız has told journalists.

Russian President Vladimir Putin created a sensation when he announced during a visit to Turkey on Dec. 1 that Russia would stop developing the South Stream Gas Project and would instead explore a new pipeline project to transport natural gas to Europe through Turkey.