A German energy firm said on Friday that it was constructing a 500 million Euro power plant to Turkey as it had confidence in Turkish economy.
German energy company, RWE, has started to construct an energy power plant in the Aegean province of Denizli together with its Turkish partner Turcas Corporation.
“We will provide permanent employment to [...]
Russian natural gas supplies to Turkey via the Blue Stream pipeline have nearly doubled because of a pipeline explosion in Iran, Gazprom spokesman Sergei Kupriyanov said Aug. 26, RIA Novosti reported. Gazprom is now sending 37 million cubic meters of natural gas to Turkey per day, Kupriyanov said.
Iran said Turkey will cooperate in constructing two petrochemical plants in the country amid growing pressure on Turkey to give up its economic deals with the Islamic republic over sanctions.
Iranian Deputy Oil Minister Abdolhossein Bayat said on Monday that talks with Turkish companies have been accelerated on the joint construction of petrochemical units, Iranian Press [...]
Turkey will support sales by Turkish companies of petroleum products to Iran despite sanctions on Tehran, Turkish Energy Minister Taner Yildiz said, Reuters reported Aug. 11. Yildiz said there is no demand for Turkey to stop trade with Iran. Plans by Turkey and Iran for the joint construction of power plants with a total capacity [...]
The Turkish parliament passed a bill approving the May 12 agreement between Russia and Turkey to establish a nuclear power plant in Akkuyu, Hurriyet reported July 15. The agreement was originally signed by Turkish Energy Minister Taner Yildiz and Russian Deputy Prime Minister Igor Sechin. A project company will be formed by Aug. 12, of [...]
An army of Turkish cranes and bulldozers is at work across the Middle East, Central Asia and Africa, building dams, stadiums and highways in a boom that is driving Turkey to record growth and bolstering its efforts at becoming a regional power broker.
Frustrated by slow progress toward joining the European Union, the Justice and Development [...]
Bulgarian President Georgi Parvanov met with Turkish President Abdullah Gul in Istanbul where they agreed to a meeting of the gas companies of Bulgaria, Turkey and Azerbaijan to discuss to transportation of natural gas from Azerbaijan to Bulgaria, BTA reported June 22. The presidents met during a meeting of state and government leaders of the [...]
Italy’s Edison, Turkish state-run Botaş and Greece’s Depa signed an agreement to carry Caspian gas to Italy via Turkey and the Adriatic, cutting Europe’s dependence on Russia as the main gas supplier.
The memorandum of understanding for the so-called Interconnection Turkey-Greece-Italy project, or ITGI, was signed in Ankara on Friday, the three companies said in an [...]
A team from the International Monetary Fund will start official talks in Ankara on May 17, Dow Jones reported May 12. Under the Article IV review, the latest economic developments, the midterm and long-term outlook of the Turkish economy and structural reform studies will be evaluated, the IMF statement said. Turkey desk chief Rachel Van [...]
Russian Deputy Prime Minister Igor Sechin said his country will invest about $3 billion in the construction of the Samsun-Ceyhan crude oil pipeline through Turkey, RIA Novosti reported May 12. Russian President Dmitri Medvedev said the 700-km-long (435-mile-long) pipeline, currently being built by Turkey’s Calik Energy and Italy’s Eni SpA and with a projected capacity [...]
Turkish-Korean defense cooperation at full speed
STM Prepared Feasibility Report for Turkish Indigenous Helicopter
Arms Race on the Caspian ?
New Turkish Chief of Staff Takes Charge
Turkey and Israel’s venture will provide tanks to Colombia.
Emre Yazichi: “TAI may improve all helicopters of Azerbaijani Armed Forces”
