April 2023

Since Turkey can legitimately still import diesel-type fuel from Russia, traders can potentially bring in relatively cheap barrels to meet the country’s energy needs. At the same time, Turkey’s own production could be sold at a higher price to the EU.

Green Hydrogen is a key energy vector that can assist Europe reach climate change targets as it enables massive decarbonization of industry heat, power generation and transport sectors.

The El Dabaa NPP will comprise four units with generation III+ VVER-1200 pressurised water reactors. The NPP is being constructed in accordance with and contracts that entered into force in 2017. The $30bn project is mainly financed through a $25bn Russian loan.

Offshore wind is rapidly growing around the world, becoming a central part of international decarbonization and a vital part of coastal economies, and the domestic potential to harness offshore wind is now emerging.