Latest news with #QatarDevelopmentFund
Euronews
7 days ago
- Business
- Euronews
Kilis-Aleppo natural gas pipeline opened: Gas flow to Syria started
The export of natural gas from Azerbaijan to Syria via Turkey began on Saturday with the opening of the Turkey-Syria natural gas pipeline. The inauguration ceremony was held in the Turkish city of Kilis only seven kilometres from the Syrian border. It was attended by Turkish Minister for Energy and Natural Resources Alparslan Bakyraktar, Qatar Development Fund President Fahad Hamad Al-Sulaiti, Syrian Energy Minister Mohammed Al-Bashir and Azberbaijani Economic Minister Mikayıl Jabbarov. In his opening speech, Bayraktar said that the new pipeline means the electricity supply in Syria will be increased from between three and four hours a day to ten hours a day. Electricity will now be exported from Turkey to Syria from eight different points, Bayraktar said, with the export capacity expected to increase in the coming years. "With the new connections, the capacity will reach 860 megawatts," he said. Speaking to Euronews, Bayraktar said that European countries expecting Syrians to return home "need to put concrete projects in place to turn expectations into reality." He said that "Turkey has been an important host" to Syrians who fled their country due to war. While many of these people want to return to their home country, he said the conditions need to be provided for them to do so. "Many countries, especially European countries, refuse our Syrian brothers and sisters and do not accept them, Turkey has been and continues to be a very important host in this sense." "Syria has many needs, infrastructure needs and other needs. Therefore, it is important for the European Union countries, European countries, Western countries to support, embrace and contribute to these projects that are necessary for the normalisation of life there in this sense," he said. The minister had previously announced that Turkey would cooperate with Azerbaijan and Qatar in natural gas exports to Syria. He said that a significant increase in energy production would help with "accelerating the return" of Syrians in Turkey. Bayraktar also announced the signing of an agreement with Azerbaijani state-owned oil and gas company SOCAR for natural gas. Energy cooperation Immediately after the EU and the US lifted sanctions on Syria, it was announced in May that a $7 billion (€6.04 billion) strategic cooperation agreement was signed between Kalyon Holding and Cengiz Holding from Turkey, UCC from Qatar, Power International from the US and the Syrian Ministry of Energy. Within the scope of the agreement, the groups intended to build natural gas cycle power plants across Syria within the next three years. A solar power plant is also expected to be built in around two years. The consortium aims to ensure Syria's energy supply security, environmental sustainability and regional development. Energy supply during the civil war Syrians have been struggling with serious energy shortages since the start of the civil war. The years-long war paralysed more than 50 percent of the country's electricity grid, reducing electricity generation capacity from 8,500 megawatts to 3,500 megawatts. It is stated that the main reason for this is the serious damage to power plants in the regions of Mkharde, Aleppo and Zayzoun. Before the civil war in 2011, Syria was producing and exporting 400 thousand barrels of oil per day. However, now it can only produce 20 thousand barrels and is dependent on imports. The natural gas sector, which was just developing in 2011, is almost non-existent today.
Yahoo
02-08-2025
- Business
- Yahoo
Turkey starts supplying Azerbaijani gas to boost Syria's power output
Turkey on Saturday began supplying natural gas from Azerbaijan to Syria, whose infrastructure has been ravaged by a long civil war, with annual deliveries expected to reach up to two billion cubic metres. Syria's Islamist authorities, who toppled Bashar al-Assad in December, are seeking to rebuild the battered country where power cuts can last for more than 20 hours a day. Speaking at a ceremony attended by Syria's energy minister and Azerbaijan's economy minister as well as the head of Qatar's development fund, Turkish Energy Minister Alparslan Bayraktar said the initiative would help Syria get back to normal. "In the initial phase, up to two billion cubic metres of natural gas per year could be exported to Syria," Bayraktar said in the southern province of Kilis near the Syrian border. Damascus has said the gas would be used to generate electricity. "The gas will help activate a power plant with a capacity of around 1,200 megawatts, meeting the electricity needs of approximately five million households, and making a significant contribution to the normalisation of daily life in Syria," Bayraktar said. "We will transport natural gas to Aleppo and from Aleppo to Homs. This will enable the power plants there to be put into operation in the near future," he added. A first phase of the Qatari scheme to fund gas supplies for power generation in Syria rolled out in March via Jordan and provided 400 megawatts of electricity per day. fo/ach
France 24
02-08-2025
- Business
- France 24
Turkey starts supplying Azerbaijani gas to boost Syria's power output
Syria's Islamist authorities, who toppled Bashar al-Assad in December, are seeking to rebuild the battered country where power cuts can last for more than 20 hours a day. Speaking at a ceremony attended by Syria's energy minister and Azerbaijan's economy minister as well as the head of Qatar's development fund, Turkish Energy Minister Alparslan Bayraktar said the initiative would help Syria get back to normal. "In the initial phase, up to two billion cubic metres of natural gas per year could be exported to Syria," Bayraktar said in the southern province of Kilis near the Syrian border. Damascus has said the gas would be used to generate electricity. "The gas will help activate a power plant with a capacity of around 1,200 megawatts, meeting the electricity needs of approximately five million households, and making a significant contribution to the normalisation of daily life in Syria," Bayraktar said. "We will transport natural gas to Aleppo and from Aleppo to Homs. This will enable the power plants there to be put into operation in the near future," he added. A first phase of the Qatari scheme to fund gas supplies for power generation in Syria rolled out in March via Jordan and provided 400 megawatts of electricity per day.
Lebanese Army
10-03-2025
- General
- Lebanese Army
RECEIVING THE FIRST SHIPMENT OF THE QATARI FUEL DONATION FOR THE YEAR 2025
Sunday, 09 March 2025 The Army Command – Directorate of Orientation issued the following statement: The Lebanese Armed Forces has received the first shipment of the Qatari fuel donation for the year 2025, which was generously provided by the State of Qatar through the Qatar Development Fund, aiming to support the military's capabilities in facing the current challenges.
Zawya
14-02-2025
- Business
- Zawya
$700mln pact to boost Oman-GCC direct grid
Muscat: In a major step towards enhancing regional energy integration, a key agreement was signed in Muscat on Thursday, between the Gulf Cooperation Council Interconnection Authority (GCCIA) and the Qatar Development Fund (QDF) for the financing of a direct grid connection between the GCCIA network and the Sultanate of Oman. The signing took place under the auspices of Eng Salim bin Nasser al Aufi, Minister of Energy and Minerals. The signing ceremony was attended by senior officials, including Mohsin bin Hamad al Hadhrami, Under-Secretary of the Ministry of Energy and Minerals, and Shaikh Mubarak bin Fahad al Thani, Qatar's Ambassador to Oman. As part of the interconnection project, two 400 kV transmission lines will be constructed over 530 km connecting Al Sila in the UAE to Ibri in Oman. It will also include two grid stations and a dynamic compensator station to enhance grid stability and capacity. Once completed, the project will provide a transmission capacity of 1,700 MW, with a net transfer capacity of 1,200 MW. The new interconnection is expected to significantly strengthen the reliability and efficiency of power systems across the Gulf region, facilitating the seamless exchange of electricity between Oman and other GCC nations. In his remarks, Al Aufi highlighted the strategic importance of the agreement, describing it as a vital part of efforts to integrate energy infrastructure across the Gulf. He noted that the project aligns with broader regional goals of energy security and sustainability, underlining its contribution to the GCC's vision for a robust, high-performing energy network. The Minister praised the GCCIA's leadership in interconnection projects and commended the Qatar Development Fund for financing critical infrastructure. He highlighted that the partnership will strengthen regional energy systems and create new opportunities for energy trade. Mohsin al Hadhrami called the project a key step in expanding the GCCIA's network, which has prevented over 2,800 outages since 2009. He emphasised the need for continued modernisation to meet growing demand and ensure reliable power across the region. Al Hadhrami stated that around $700 million will be invested in the interconnection project, enabling a 1.7 GW cross-transfer capacity between Oman and the GCC interconnection, with an effective 1.2 GW capacity. This will boost renewable energy integration in Oman and enhance regional energy trade across the Gulf. According to Eng Ahmed al Ebrahim, CEO of GCCIA, construction of the interconnection project will begin in the second half of 2025, with commissioning expected by mid-2027. He emphasised the project's role in addressing future energy demands and integrating renewable sources, offering long-term benefits for the region's energy landscape. Fahad Hamad al Sulaiti, General Manager of the Qatar Development Fund, reaffirmed the Fund's commitment to fostering regional cooperation and supporting socio-economic development through targeted financing. He underlined the importance of energy infrastructure in ensuring stability and growth in the Arab region. The new interconnection project is part of a broader strategy to strengthen energy ties across the Gulf, with several key expansion projects already underway. Three landmark projects are in progress to forge stronger links with Kuwait, the UAE, and Oman, representing a combined investment exceeding $1 billion. Al Ebrahim said 'It will enable our networks to handle increasing loads and support future expansion, while also seamlessly integrating renewable energy sources like solar and wind power, aligning with the GCC's environmental vision. Furthermore, it will significantly increase the volume of energy exchange and trade among GCC nations, opening up opportunities for electricity trade, particularly for the Sultanate, with the Republic of Iraq.' Three landmark projects are in progress to forge stronger links with Kuwait, the UAE, and Oman, representing a combined investment exceeding $1 billion. Al Ebrahim celebrated the productive collaboration between the Authority and the Fund, recognizing its pivotal role in financing essential infrastructure projects throughout the GCC, thereby advancing the shared vision of sustainable development. Faisal Al Ajmi 2022 © All right reserved for Oman Establishment for Press, Publication and Advertising (OEPPA) Provided by SyndiGate Media Inc. ( Faisal Al Ajmi
