Minister Bayraktar announced on live broadcast: Will there be an increase in natural gas prices?

Minister of Energy and Natural Resources Alparslan Bayraktar made a statement regarding natural gas prices.

Stating that they do not plan to change prices in October and November, Bayraktar said that they are following the developments and budget situation.

Minister Bayraktar said in summary:

Speaking about Kirkuk oil, Bayraktar said, "Turkish Petroleum has become a partner in the Kirkuk fields. We will start to receive the benefit and share of this partnership as of 2027. The Kirkuk field is one of the most important fields in the world in terms of oil. We think and believe that there are 3 billion barrels of reserves there. Turkey has become a partner in 15 percent of this."

"WE WILL BRING Türkiye'S OIL TO THE TARGET OF 1 MILLION BARREL"

Bayraktar stated that Turkey will be seen as more active in Iraq and that it will be more active in oil and natural gas, and said, "We bought two fields in Libya; one at sea, the other on land. We are starting to work there. With these, mergers and acquisitions, and share purchases, we will take Turkish Petroleum to the 1 million barrel target."

Stating that a second drilling may be needed in Somalia, Bayraktar announced that a seismic ship will go to Pakistan very soon and seismic work will begin there.

Minister Bayraktar said that we are entering winter with the tanks full at the moment, and reminded that the natural gas tanks were 100 percent full as of July this year, and emphasized that all kinds of precautions were taken.

"WE ARE IN A PROCESS WHERE 1,000 90 SEPARATE TESTS ARE CONDUCTED"

Stating that the first reactor in Akkuyu has come to an end, Bayraktar said, "Hundreds of tests are currently being carried out. We are in a process where 1,090 separate tests are carried out. There has never been a fuel loading before, this will be the first time in Turkey. Our goal is to start operating the Akkuyu Nuclear Power Plant by loading fuel before the end of this year. When all the reactors come into operation, we will produce approximately 10 percent of the need from here."

Bayraktar stated that the negotiation process with South Korea, Canada, China and Russia continues for Sinop and Thrace.

"ELECTRIFICATION OF TRANSPORTATION IN TURKEY IS CURRENTLY 5 PER THOUSAND"

Underlining that there will be statements at the launch at the beginning of November, Bayraktar said, "Electrification is at its center. We aim to electrify everything. Currently, electrification in transportation in Turkey is 5 per thousand. Electric vehicles are increasing, we set a target of 'We should see approximately 17 to 20 million electric and hybrid vehicles on our roads in 2040'."

"NO PRICE CHANGE PLANNED"

Minister of Energy and Natural Resources Bayraktar also made a statement regarding natural gas prices.

Bayraktar said, "We do not have a price change planned at the moment, but we are following the developments and budget situation. We do not currently have such a regulation plan in October and November."