Latest news with #AnadoluAgency
Rudaw Net
a day ago
- Business
- Rudaw Net
Turkey wants to use full capacity of pipeline with Iraq: Minister
Also in Middle East Turkey calls on SDF to expedite integration with Damascus Turkey says SDF must prove commitment to integration deal with Damascus Turkey accuses Israel of trying to 'divide Syria,' vows to intervene Iraq says Turkey ready to renew, expand oil export deal A+ A- ERBIL, Kurdistan Region - Turkey's energy minister said on Wednesday that his country has notified Iraq that it is willing to extend the decades-long oil agreement with Iraq but with modifications that ensure the full use of the Iraq-Turkey pipeline. Last week, the Iraqi oil ministry said Ankara had officially expressed its willingness to renew and expand the 1973 oil export agreement with Baghdad. Turkey has confirmed sending a letter to Baghdad that included a draft of a broader energy cooperation deal covering oil, gas, petrochemicals, and electricity. Turkish Energy Minister Alparslan Bayraktar said on Tuesday that his country expects neighboring Iraq to use the full capacity of the Iraq-Turkey pipeline, telling the state-run Anadolu Agency on Wednesday that they are also seeking the export of oil from southern Iraq, in addition to Kurdish oil. "We are telling Iraq, 'Iraq has a daily oil export of 4 million barrels. All of it goes through Basra. Here, however, there is a different route with 1.5 million barrels. You can easily present almost 40 percent of your oil to the world through a different route. Moreover, you can reach different geographies and markets such as Europe and the Mediterranean,'" he said. He reiterated Ankara's willingness to extend the 1973 deal with Iraq but with modifications, blaming the deal for 'legal impasse' since 2014, referring to Kurdistan Region's independent oil exports through Turkey since 2014. A Paris-based arbitration court in 2023 ruled in favor of Baghdad against Ankara, saying the latter had violated the 1973 agreement. This immediately halted the Kurdish oil exports, which have yet to resume due to unresolved tensions between Erbil and Baghdad. 'Therefore, we said this agreement is not commercially or legally beneficial. Let's not extend this,' the Turkish minister said. He noted that the proposed agreement asks Iraq to export more oil through the pipeline. 'At the core of that agreement is this: let's use the full capacity of this pipeline in a way that there won't be any legal disputes between us. Let 1.5 million barrels of oil flow from here. This is our goal,' Bayraktar stated. "To reach 1.5 million barrels, this pipeline needs to go south. Because in the north [Kurdistan Region], with production including Kirkuk, you can perhaps fill it up to half capacity." An energy advisor to the Kurdistan Region's prime minister said on Tuesday that the Iraq-Turkey pipeline has surpassed its lifespan and will require 'costly' renovation if the Kurdistan Region's long-stalled oil exports are to resume. 'Normally and under international standards, the lifespan of oil pipelines is between 40 to 50 years. After that period, it becomes very old and needs special maintenance, which entails very high costs. Basically, the contract was for 50 years and has expired for that pipeline,' Kamal Atroshi explained. Noting that the line is not beyond use, Atroshi said that any future operation would require extensive repair and favorable terms for both Iraq and Turkey. 'If an agreement is made to renovate that pipeline again, it has the capacity to work and its maintenance and repair costs and transit fees… are economically suitable for both sides, then it's possible. It's a very strong possibility,' he said. 'Certainly, this also has great benefits for Turkey.'
Yahoo
a day ago
- Business
- Yahoo
Turkey to supply natural gas from Azerbaijan to Syria
ANKARA, Turkey (AP) — Turkey will begin supplying natural gas from Azerbaijan to Syria to help the country generate electricity, Turkey's energy minister said Wednesday. Natural gas from Azerbaijan will be delivered to Syria via the Kilis pipeline through Turkey from Aug. 2, Energy Minister Alparslan Bayraktar told the state-run Anadolu Agency. Once a strong backer of rebel forces seeking to overthrow former President Bashar al-Assad, Turkey is now firmly supporting Syria's new government, helping to stabilize and rebuild the country. Bayraktar said an initial supply of 6 million cubic meters of gas to Syria is expected to produce around 1,200 megawatts of electricity. Qatar is contributing to the project's financing, the minister said. 'With the natural gas that will be supplied, the goal is to increase the current three to four hours of daily electricity availability to 10 hours, making a positive impact on people's lives,' Bayraktar said. A ceremony attended by ministers from Turkey, Syria, and Qatar will be held in Kilis on Aug. 2, he told Anadolu. The Associated Press
Associated Press
a day ago
- Business
- Associated Press
Turkey to supply natural gas from Azerbaijan to Syria
ANKARA, Turkey (AP) — Turkey will begin supplying natural gas from Azerbaijan to Syria to help the country generate electricity, Turkey's energy minister said Wednesday. Natural gas from Azerbaijan will be delivered to Syria via the Kilis pipeline through Turkey from Aug. 2, Energy Minister Alparslan Bayraktar told the state-run Anadolu Agency. Once a strong backer of rebel forces seeking to overthrow former President Bashar al-Assad, Turkey is now firmly supporting Syria's new government, helping to stabilize and rebuild the country. Bayraktar said an initial supply of 6 million cubic meters of gas to Syria is expected to produce around 1,200 megawatts of electricity. Qatar is contributing to the project's financing, the minister said. 'With the natural gas that will be supplied, the goal is to increase the current three to four hours of daily electricity availability to 10 hours, making a positive impact on people's lives,' Bayraktar said. A ceremony attended by ministers from Turkey, Syria, and Qatar will be held in Kilis on Aug. 2, he told Anadolu.
Washington Post
a day ago
- Business
- Washington Post
Turkey to supply natural gas from Azerbaijan to Syria
ANKARA, Turkey — Turkey will begin supplying natural gas from Azerbaijan to Syria to help the country generate electricity, Turkey's energy minister said Wednesday. Natural gas from Azerbaijan will be delivered to Syria via the Kilis pipeline through Turkey from Aug. 2, Energy Minister Alparslan Bayraktar told the state-run Anadolu Agency.
Qatar Tribune
2 days ago
- Business
- Qatar Tribune
Europe sees Turkey as key part of wind energy supply chain
Agencies Turkey plays 'a vital role' in supplying wind energy equipment to Europe, making it a key part of the continent's renewable energy efforts, according to Giles Dickson, the head of WindEurope, an umbrella organization representing the European wind energy sector. The bloc sees Turkey 'as part of the wider European wind energy supply chain,' Dickson, CEO of WindEurope, told Anadolu Agency (AA) in an interview published on Tuesday. Wind energy currently supplies around 11% of Turkey's electricity and has the potential to grow further, said Dickson, who is set to step down later this year after a decade at the helm of the Brussels-based wind industry association. He described Turkey's Renewable Energy Resource Area (YEKA) model as essential for long-term planning and said: 'YEKA plays a crucial role in providing stable visibility for future volumes.' 'The YEKA is also very important for Turkey's wind energy supply chain because of its strict local content rules,' he added. 'It provides strong visibility and predictability for future orders and volumes for Turkey's wind supply chain.' Introduced in 2016, YEKA projects have been the main drivers of growth in renewable energy, in terms of technology development, equipment manufacture and electricity generation. Turkey aims to reach 120,000 megawatts (MW) of installed capacity by 2035 through annual YEKA tenders of at least 2,000 megawatts. Dickson also highlighted the growing importance of storage-integrated wind investments, noting that the 'new YEKDEM wind plus storage system is going to play a vital role.' Turkey launched the Renewable Energy Resources Support Scheme, or YEKDEM, in 2005 to boost and incentivize renewable energy investments. Emphasizing Turkiye's strong manufacturing base, Dickson said: '70% of what Turkey produces is exported and most of it goes to Europe,' noting the high value Europe places on this supply chain. On Turkey's 5-gigawatt (GW) offshore wind target, Dickson said, 'Offshore is achievable,' calling it a natural next step for a country that already sources 11.5% of its electricity from onshore wind. 'A country starts off building a lot of onshore wind. And let's start putting the turbines in the sea as well. It's quite a logical progression. It looks as though the wind speeds are good and the seabed conditions are also,' he explained. He noted that although offshore turbines require different facilities, the Turkish domestic industry is well-positioned to adapt. 'The expertise is there, and the skills base is there.' Strong support from government Dickson said each time he visits Turkey, he sees a clear governmental commitment to the expansion of wind energy.
