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
4 December 2025
Time is running out for Lukoil and Rosneft to divest international assets that will be mostly rendered useless to them when the US sanctions deadline arrives in mid-December
3 December 2025
Aramco’s pursuit of $30b in US gas partnerships marks a strategic pivot. The US gains capital and certainty; Saudi Arabia gains access, flexibility and a new export future
2 December 2025
The interplay between OPEC+, China and the US will define oil markets throughout 2026
1 December 2025
The North African producer’s first bidding round in almost two decades is an important milestone but the recent extension suggests a degree of trepidation






