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Shell LNG Deal Lights Up Turkey’s Energy Future

Shell plc has entered into a 10-year agreement with Turkey’s state-owned energy company, BOTAS, to supply liquefied natural gas (LNG). Under this agreement, starting in 2027, Shell will provide 4 billion cubic meters of LNG annually to Turkey, sourced from its U.S. and global energy assets. Before the discovery of the Sakarya gas field in […]

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Turkish Lira Tumbles Amid Election and Earthquake Woes

Turkish Lira Tumbles Amid Election and Earthquake Woes

The Turkish lira just can’t seem to catch a break! The currency hit yet another record low against the dollar, trading at 18.9620 on Thursday. The recent massive earthquakes and the upcoming presidential and parliamentary elections scheduled for May 14 are weighing heavily on investors’ minds. With the election fast approaching, Turkey must choose whether […]

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