Turkish National and Strategic Development Projects: News and Updates

[MMM-E]

Russia and Turkey complete major phase of TurkStream gas pipeline

TurkStream is a historic project and the twin pipelines that run 930 km from the Russian port of Anapa to the coastal village of Kiyikoy in northwest Turkey

Consisting of two lines, the Turkstream project has an annual gas delivery capacity of 31.5 billion cubic meters, each with a capacity of 15.75 billion cubic meters

It is expected to stretch toward southern Europe, to enable trading with Greece, Italy, Hungary and Serbia

TurkStream will begin operations in 2019

Russian President Putin said his country wanted to reach $100 billion bilateral trade volume with Turkey






https://www.dailysabah.com/energy/2...n-energy-trade-boost-european-energy-security

 

[monitor]

Russia and Turkey complete major phase of TurkStream gas pipeline

TurkStream is a historic project and the twin pipelines that run 930 km from the Russian port of Anapa to the coastal village of Kiyikoy in northwest Turkey

Consisting of two lines, the Turkstream project has an annual gas delivery capacity of 31.5 billion cubic meters, each with a capacity of 15.75 billion cubic meters

It is expected to stretch toward southern Europe, to enable trading with Greece, Italy, Hungary and Serbia

TurkStream will begin operations in 2019

Russian President Putin said his country wanted to reach $100 billion bilateral trade volume with Turkey






https://www.dailysabah.com/energy/2...n-energy-trade-boost-european-energy-security

How much turkey expected to earn from this project ?

 

[MMM-E]

How much turkey expected to earn from this project ?

I dont know how much
but Ukraine received a toll of $4,5 per 100 km from every 1000m3 gas from Russia
and It will reach 49 billion cubic meters of gas to Europe through Turkey

so 49 billion m3 / 1000 m3 x $4,5 = $220 million for per 100 km .... $220 mil / 100 km = $220.000 for per km

The length of the land section of the pipeline will be 260 km in the territory of Turkey
$220.000 x 260 km = $572 million

Turkey can earn $572 million per year


btw Its an important project that will increase Turkey's energy security and Russian gas from TurkStream can be transported through Bulgaria to Serbia,Macedonia, Hungary and Austria

TANAP and TURKSTREAM Gas pipeline projects will help Turkey to become energy hub

 

[MMM-E]

Bulgaria prepares to pump Russian gas to Central Europe via TurkStream


Bulgaria moved on Friday to revive a gas pipeline project that would pump Russian gas through its territory to Central Europe via TurkStream

Energy Minister Temenuzhka Petkova said Bulgaria’s state-owned Bulgartransgaz is ready to build a new 484 kilometers gas link that would carry Russian gas to Europe at a total cost of $1.6 billion

http://www.hurriyetdailynews.com/bu...n-gas-to-central-europe-via-turkstream-139361

 

[MMM-E]

Greece in talks with EU to extend TurkStream gas pipeline

Greece is conducting dialogue with the EU on the extension of the TurkStream, a natural gas pipeline running from Russia to Turkey, across Greek territory to other EU countries, Greek Prime Minister Alexis Tsipras said in an interview with Russian news agency TASS on Dec. 6

http://www.hurriyetdailynews.com/gr...rkstream-gas-pipeline-greek-pm-tsipras-139530

 

[MMM-E]

Turkish machinery industry’s exports reached $17.1 billion in 2018

We aim at doubling our exports in five years while maintaining our annual growth rate of 15% and reaching $34 billion in 2023

http://www.hurriyetdailynews.com/tu...increased-11-5-pct-in-2018-association-140762

 

[MMM-E]

Turkey's tourism revenue for 2018 reached $29.5 billion

Turkey welcomed 45.6 million visitors in 2018, marking a 18.1% hike from the previous year
average expenditure per capita was $647 in 2018, as foreigners spent $617 per capita and Turkish citizens spent $801 per capita

Russians top list of tourists visiting Turkey in 2018
Nearly 6 million Russians came to Turkey in 2018 . They were followed by over 4.4 million German citizens and more than 2.4 million Bulgarians









https://www.dailysabah.com/tourism/2019/01/31/turkeys-tourism-revenue-soars-123-in-2018-reaches-295b

 

[MMM-E]

Gov't incentives, strong private sector initiatives revive Turkish shipping industry in 16 years

Turkey is one of the prominent Mediterranean Countries that build, renovate and maintain ships
While meeting domestic demands, the shipping industry also exports to Norway, the UK., the Netherlands, France, Germany and Italy

Businesses just in the Tuzla Shipyard have renovated, repaired and maintained around 2,000 ships in the last 16 years




https://www.dailysabah.com/economy/...-revive-turkish-shipping-industry-in-16-years

 

[MMM-E]

Turkey outpaces EU in percentage of female scientists, engineers


According to new data released by Eurostat, women constitute 45% of scientists in Turkey operating in the fields of research, technology, health, engineering and R&D – exceeding the EU average of 41%

Turkey has a better record than most European Union countries – including Germany, France and the U.K.
in terms of the percentage of women working in the fields of research, technology, health, engineering and R&D, recent data released by Eurostat shows







https://www.dailysabah.com/educatio...-in-percentage-of-female-scientists-engineers

 

[MMM-E]

Turkey's external assets hit $234 billion in 2018

Turkey’s assets abroad reached $234.2 billion at end-December, up 0.7% from the end of 2017, the Central Bank reported on Feb. 21

Turkey’s liabilities against non-residents slipped 15.2% to hit $589.4 billion during the same period

http://www.hurriyetdailynews.com/turkeys-external-assets-hit-234-billion-in-2018-141386

 

[MMM-E]

Energy could enable Turkey, US to reach $75 billion target with LNG trade


In reference to the recent phone calls between President ERDOGAN and U.S. President TRUMP, during which the two agreed to increase the bilateral trade volume to $75 billion from its current level of $20 billion

Turkey indeed is one of the largest buyers of U.S. LNG
After becoming the second-largest LNG importer in Europe after Spain in 2017
Turkey became the top European market for U.S. LNG exports in 2018, according to the Department of Energy estimates

https://www.dailysabah.com/energy/2...-us-to-reach-75-billion-target-with-lng-trade

 

[MMM-E]

Turkey's second drillship YAVUZ to begin hydrocarbon exploration in Mediterranean region


The sixth generation drillship YAVUZ was bought by Turkish Petroleum for $262.5 million and has a length of 229 meters and a weight of 21,283 gross tons

The 229-meter vessel is capable of drilling to a maximum depth of 12,192 meters






FATIH drillship also started operations with deep-sea well-drilling in October 2018 of Alanya, a district in the Mediterranean province of Antalya. Later, Turkey started shallow well-drilling in Mersin, another Mediterranean province

 

[MMM-E]

Europe’s biggest hospital next in Turkey’s bid to be health hub

Turkey has been taking giant steps to become the world's best known health center with new and modern city hospitals. Europe's biggest and the world's third biggest hospital was inaugurated Thursday by President ERDOGAN in Ankara's Bilkent district

The hospital is expected to provide health care to 30,000 patients a day

34 city hospitals equipped with the state-of-art technology that will be operational until 2023



Turkey is ranked 4th in the global list for healthcare tourism in terms of the number of patients it serves and comes 3rd in terms of the revenue it generates from healthcare tourism



Turkey eyes around 2 million medical tourists and $20 billion revenue are expected by 2023



also Ankara ETLIK Integrated Healthcare Campus is the largest Healthcare Campus in the World
( 1,4 million m2 land .... $1,3 billion ) under constuction



ANKARA BILKENT Integrated Healthcare Campus

https://www.dailysabah.com/business...hospital-next-in-turkeys-bid-to-be-health-hub

 

[MMM-E]

Europe's biggest theme park Wonderland Eurasia opens in Turkey's Ankara


Wonderland Eurasia, dubbed the biggest theme park in Europe, was inaugurated by President ERDOGAN in the capital Ankara on Wednesday and offers hundreds of rides and activities to visitors

Built on 1.3 million square meters







https://www.dailysabah.com/ankara/2...rk-wonderland-eurasia-opens-in-turkeys-ankara

 

[MMM-E]

Indigenous Automobile to add $56 Billion to Turkish economy in 15 years


The details and financial returns from the indigenous automobile project, launched in November 2017 through the efforts of the Turkish business world, are being revealed as the project makes progress

Gürcan Karakaş, the CEO of Turkey's Automobile Joint Venture Group (TOGG), said within the next 15 years the ecosystem to be mobilized by their project will contribute 50 billion euros ($56.5 billion) to the gross domestic product (GDP), 7 billion euros to the current account deficit and add about 20,000 people to direct or indirect employment

https://www.dailysabah.com/automoti...-add-50b-euros-to-turkish-economy-in-15-years