Turkish energy minister Alparslan Bayraktar
Turkey shows Europe its gas hand
Country offers to boost gas exports to Europe to 10bcm/yr, but serious questions remain
Turkey could increase gas exports to Europe to as much as 10bcm/yr, Turkish energy minister Alparslan Bayraktar has said. Bayraktar's suggestion came with the twin caveats that investments would need to be made to expand the capacity of Turkey's existing pipeline interconnections with Greece and Bulgaria, and perhaps—more significantly—that Europe would need to show "political will and commitment". It is an offer which—given Europe's pressing need to find new sources of gas in the wake of Russia's invasion of Ukraine and the subsequent sanctions—is bound to receive serious consideration both by European gas buyers and Brussels. However, Turkey is not a net gas producer, it is a major import
Also in this section
19 March 2026
The regional crisis highlights the undervalued role of fixed pipelines in the age of tanker flexibility
18 March 2026
Rising LNG exports and AI-driven power demand have raised concerns that US gas prices could climb sharply, but analysts say abundant shale supply and continued productivity gains should keep Henry Hub within a range that preserves the competitiveness of US LNG
18 March 2026
Risks of shortages in oil products may cause world leaders to panic and make mistakes instead of letting the market do what it does best
17 March 2026
The crisis in the Middle East has put LNG’s ability to offer security and flexibility under uncomfortable scrutiny
