Europe / Caspian / CIS
Country profile: Turkey
|Location:||Southeastern Europe and Southwestern Asia (that portion of Turkey west of the Bosporus is geographically part of Europe), bordering the Black Sea, between Bulgaria and Georgia|
|Climate:||temperate; hot, dry summers with mild, wet winters; harsher in interior|
|Terrain:||high central plateau (Anatolia); narrow coastal plain; several mountain ranges|
|Size:||780580 sq. km total (Land area: 770760 sq. km Water area: 9820 sq.km)|
|Population:||71,892,807 (July 2008 est.)|
|Languages:||Turkish (official), Kurdish, Dimli (or Zaza), Azeri, Kabardian note: there is also a substantial Gagauz population in the European part of Turkey|
|Government:||republican parliamentary democracy|
|Legal system:||civil law system derived from various European continental legal systems; note - member of the European Court of Human Rights (ECHR), although Turkey claims limited derogations on the ratified European Convention on Human Rights|
|Currency:||Turkish lira (TRY); old Turkish lira (TRL) before|
Energy production and consumption
|Production:||45,460 bbl/day (2005 est.)||860 million cu m (2005 est.)|
|Consumption:||660,800 bbl/day (2005 est.)||26 billion cu m (2005 est.)|
|Exports:||112,600 bbl/day (2005 est.)|
|Imports:||724,400 bbl/day (2005 est.)||25 billion cu m (2005 est.)|
|Reserves:||300 million bbl (1 January 2006 est.)||8 billion cu m (1 January 2006 est.)|
Turkey - recent news
|23 Jul 20
||Turkey: UKOG announces entry into potential high-impact Turkish oil appraisal and exploration project
UKOG has signed a binding heads of agreement with Aladdin Middle East, an independent oil company with 60 years of operational experience in Turkey, to take a 50% non-operated working interest in the 305 sq km Resan Licence. UKOG will take an active technical role in a 5-well oil appraisal and step-out exploration drilling programme.
|13 Jul 20
||Turkey: Valeura Energy announces trading update
Valeura Energ has provided a trading update for the three-month period ended June 30, 2020. The Company is seeking a seek a new partner to participate in the appraisal and development of its unconventional deep gas play in the Thrace Basin in Turkey.
|07 Jul 20
||Turkey: Trillion Energy announces Derecik Zagros Basin oil property evaluation
Trillion Energy reports that the evaluation of the Zagros Basin Derecik Exploration Licenses in the Hakkari area of Turkey is complete and yielded promising results. Two drill ready conventional oil prospects have been identified which are expected to contain analogous reservoirs as found in the Shaikan field in Iraq, located 90 km south of the locations.
|12 May 20
||Valeura Energy announces first quarter 2020 financial and operating results
Valeura Energy, the upstream natural gas company focused on the Thrace Basin of Turkey, has reported its financial and operating results for the three month period ended March 31, 2020.
|29 Apr 20
||Turkey: Goldwind wins the largest distributed wind project in Turkey
Goldwind has secured a new 6.8MW order for a self-consumption project in Turkey. The contract includes the supply, transportation and installation of 2 units of GW 140–3.4MW wind turbine that will be installed in Bandirma, northwest of the country, in addition to a full service agreement for a period of 20 years.
Turkey - more news
Other countries in this region
- Bosnia and Herzegovina,
- Czech Republic,
- Faroe Islands,
- United Kingdom,