Turkish Energy Minister: Qatar key partner in advancing regional, global energy security
QNADOHAQatar is a key partner in advancing regional and global energy security, with energy cooperation serving as a strategic pillar of Qatar-Turkiye relations, Turkish Minister o...
Turkish Energy Minister Alparslan Bayraktar emphasized that Qatar plays a crucial role in advancing regional and global energy security, with energy cooperation being a strategic pillar of their bilateral relations. This partnership, according to Bayraktar, is bolstered by Qatar's substantial LNG production and export capacity, combined with Turkey's extensive infrastructure for importing, storing, transporting, and regasifying natural gas.
Bayraktar highlighted the potential for expanding energy cooperation between Turkey and Qatar, particularly through Long-Term LNG supply arrangements and more flexible commercial models. He pointed out that prior LNG transactions between Turkey's Petroleum Pipeline Corporation (BOTAS) and Qatar have laid a solid foundation for broadening bilateral energy cooperation in the future.
The Turkish minister also stressed Turkey's strategic geographic location and its gas infrastructure, noting these factors create additional opportunities for trade and investment, especially in receiving and redirecting energy supplies to regional markets. Bayraktar affirmed that Turkey is actively exploring ways to strengthen partnerships with energy-producing nations, aiming to enhance shared interests and bolster the security, reliability, and stability of energy supplies.
He further emphasized that geopolitical developments in the Middle East directly impact global energy markets, with energy security closely linked to maritime security, freedom of navigation, and regional stability. Bayraktar warned that any disruption to maritime traffic through the Strait of Hormuz could have far-reaching consequences, impacting oil and gas flows, shipping and insurance costs, energy prices, supply chains, inflation, and economic growth.
In terms of climate policy, Bayraktar expressed Turkey's expectation that the 31st UN Climate Change Conference (COP31), to be held in Antalya from November 9 to 20, will mark a pivotal shift from climate commitments to implementation. He stressed the need for concrete, financeable, and actionable measures, particularly in clean-energy investments and energy infrastructure.
Written by urgent.news from Qatar Tribune Business's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
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