
Minister of Energy and Natural Resources Alparslan Bayraktar met with the Head of the EU Delegation to Turkey Aivo Orav and the ambassadors of EU member states and discussed cooperation in the fields of green transformation, natural gas and nuclear energy.
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Türkiye is a strategic energy supply route for Europe with its developed natural gas infrastructure.
In his post on the social media platform of US-based company X, Minister Bayraktar stated that they will continue to take joint steps with the EU for a sustainable energy future.
Emphasizing that Türkiye creates a reliable supply route for the European market and the region thanks to its developed natural gas network and strong infrastructure, Bayraktar used the following expressions in his post:
"We received the Head of the EU Delegation to Turkey, Ambassador Mr. Aivo Orav, and the ambassadors of the EU countries in Ankara at our Ministry. During our meeting, we discussed the importance of renewable energy, which is at the center of the green transformation, the critical role of natural gas and the strategic place of nuclear energy in security of supply. We emphasized our will to carry out a more intense energy cooperation with EU countries, while we are determinedly moving towards our country's net zero emission targets."
Natural gas futures prices in the Netherlands rose to 90.14 euros per megawatt-hour, the highest level since December 2022, due to rising Asian demand and low storage levels.
Minister of Energy Alparslan Bayraktar evaluated Türkiye's energy targets, renewable energy investments and strategies to reduce foreign dependency in his speech at Ankara University.
Natural gas prices in Europe reached 89.74 euros, the highest level since December 2022, due to shipping disruptions in the Strait of Hormuz and low tank occupancy rates before winter.

Minister of Energy and Natural Resources Alparslan Bayraktar stated that the world is in the middle of the biggest energy crisis of modern times and emphasized Türkiye's goal of reducing its foreign dependency.
Global Energy Monitor analysts Christine Shearer and Zhanaiym Kozybay evaluated Türkiye's great increase in wind and solar energy in the last 10 years and the shelving of new coal projects.

The barrel price of Brent oil rose to $111.66 due to the geopolitical tension in West Asia and the Houthis' claims of attack on Saudi Arabian facilities.