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
|18 Oct 20
||Turkey raises Tuna-1 gas discovery reserves to 405 bcm
Turkey had raised the estimated reserves in the recently discovered Tuna-1 gas discovery off its Black Sea coast to 405 billion cubic metres - equivalent to around 14.3 trillion cubic feet - after finding an additional 85 billion cubic metres.
|14 Oct 20
||Turkey: UKOG announces update on the recently acquired Resan Licence in Turkey
AIM-listed UK Oil & Gas (UKOG) has announced that it has now successfully executed the farmin agreement and the joint operating agreement with Aladdin Middle East for its 50% interest in the 305 sq km Turkish Resan Licence and the respective oil appraisal and exploration programme.
|09 Sep 20
||Turkey’s Tuna gas discovery could save it up to $21 billion in import costs - Rystad Energy
The future development of Turkey’s giant Tuna-1 gas discovery could save the country up to $21 billion in import costs, Rystad Energy estimates, depending on the field’s peak output, which remains to be determined pending appraisal drilling and further testing. Actual savings could be even higher as global gas prices and import costs are expected to rise in coming years.
|07 Sep 20
||Turkey: GE Renewable Energy brings two more wind farms to life in Turkey
GE Renewable Energy has completed the installation and commissioning of the 53 MW Kirazli and 32 MW Meryem wind farms in Turkey.
|25 Aug 20
||Turkey: Trillion Energy comments on TPAO's potential super giant gas field discovery proximate to the SASB gas field, offshore Turkey
Trillion Energy International has commented on TPAO's recent Tuna-1 gas discovery made proximate to its South Akcakoca Sub-Basin ('SASB') gas field, offshore Turkey, which is estimated to be the largest natural gas discovery in the Black Sea to date and potentially one of the largest in Europe in recent history.
Turkey - more news
Other countries in this region
- Bosnia and Herzegovina,
- Czech Republic,
- Faroe Islands,
- United Kingdom,