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Tag Archives: Turkey

Georgian Electricity Exports Tariffs Grows in Turkey

Average tariff for exports of Georgian electricity to Turkey has grown by 10.8%, i.e. to 5 Cent on one kilowatt-hour, while electricity prices have dipped by 7% (to 4.8 Cent on kilowatt/hour) on the Turkish market. According to G&T, in Turkey prices declined from the previous year’s low basis. The …

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Int’l Association Talks Possibility of Uniting Turkish Stream, TANAP

Int’l Association Talks Possibility of Uniting Turkish Stream, TANAP

Uniting of the Turkish Stream and TANAP gas pipelines at the Turkish-Greek border is absolutely a normal process, President of the International Association for Energy Economics (IAEE) Gurkan Kumbaroglu told Trend Aug. 16. He said that this process is also important in terms of diversification of energy sources and energy …

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Turkey Completing Construction of its BTK Railway Section

baku_tbilisi_kars

Eighty seven percent of the Baku-Tbilisi-Kars (BTK) railway has been constructed in Turkey, Ahmet Arslan, Turkish minister of transport, shipping and communications, said. “The BTK is being constructed on schedule,” the minister said, adding that two bridges are being built over the Kars river. The minister stressed that the BTK …

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Problems in Main Partner Country Affects Georgia too

Problems in Main Partner Country Affects Georgia too

The situation in Turkey over the past 2 years could be described as instable. Acts of terrorism shook the peaceful life of Turkish citizens in 2015, while this year the situation was aggravated by attempt of military coup. Despite the failed coup d’etat, problems are only multiplied in our neighboring …

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Turkey Coup Attempt not to Affect TANAP Pipeline’s Construction Period

Turkey Coup Attempt not to Affect TANAP Pipeline’s Construction Period

Military coup attempt and imposing a three-month state of emergency in the aftermath of the incident in Turkey will not affect the Trans Anatolian Natural Gas Pipeline’s (TANAP) construction period, TANAP consortium told Trend July 21. “The project is being implemented according to schedule,” said the consortium. “There are no …

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Turkey, Egypt, France, Tunisia: Losing Millions of Tourists

The world is a scary place… and several countries are becoming just too frightening for many tourists. Millions of travelers have been nixing their dreams of visiting places like the pyramids in Egypt, the Eiffel Tower in Paris, the Tunisian coast and Istanbul’s Hagia Sophia due to heightened terrorism concerns.  Here …

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The Coup Failed, But Erdogan’s Wrath Keeps Investors on Edge

The Coup Failed, But Erdogan’s Wrath Keeps Investors on Edge

Fresh from an election victory that secured his party’s rule for four years, Prime Minister Ahmet Davutoglu in January assured investors in London that Turkey was a safe place for their cash. Four months later he was forced to resign and two months on from that, F-16 fighter jets bombed …

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Erdogan: Coup Over

After a night of explosions, gunfire and tanks rolling along the streets, President Recep Tayyip Erdogan told Turkey Saturday that an attempted military coup was over and the government was in charge. However, the sounds of fighting were still being reported in Ankara and Istanbul after the chaotic attempt by …

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Turkey Soldiers launch ‘illegal action’ – PM Yildirim

Turkey Soldiers launch 'illegal action' - PM Yildirim

Turkey’s PM has denounced an “illegal action” by a military “group”, with bridges closed in Istanbul and aircraft flying low over the capital, Ankara. Binali Yildirim said the military action was not authorised but it was not a coup. He said that the government remained in charge. Traffic has been stopped …

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Three Turkish Companies Keen to Supply Pipes for TANAP

Three Turkish Companies Keen to Supply Pipes for TANAP

The Trans Anatolian Pipeline (TANAP) consortium has received proposals from three Turkish companies via a tender for supply of pipes to build TANAP’s next section, Sabah newspaper reported July 14. The three companies are Borusan Mannesmann, Umran Steel Pipe and the consortium of Emek Boru Steel Pipe, NOKSEL and Erciyas …

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