Türkiye regulations · 7 November 2026
Bayraktar reiterates $500 billion investment target under National Energy 2040
In a ministry announcement dated November 6, Bayraktar outlined the 2040 investment target, the 2027 Black Sea gas plan and expectations for first electricity at Akkuyu.
Energy and Natural Resources Minister Alparslan Bayraktar reiterated a $500 billion investment target under Türkiye’s National Energy 2040 vision during a visit to Mersin. According to the ministry’s November 6, 2026 announcement, he said the vision had been unveiled in Istanbul the previous day. The remarks covered investment, employment, domestic natural gas and nuclear energy targets. [Source](https://enerji.gov.tr/haber-detay?id=31963)
Investment and employment targets for 2040
Bayraktar said the investments envisaged through 2040 would provide approximately 108,000 direct jobs and 250,000 indirect jobs. He described the objective as making Türkiye energy-independent and self-sufficient. Alongside investment, he identified human resources and political stability as necessary to achieve those goals. The figures in the announcement are forward-looking investment and employment targets, rather than a statement of investments already completed or jobs already created. Source
Official source: Ministry of Energy and Natural Resources ↗Black Sea gas target reaches eight million homes in 2027
The minister said gas produced at the Sakarya Gas Field currently supplies four million homes. He expected the second phase in the Black Sea to be completed by the end of 2026, with gas to be lit at the flare tower of the Osman Gazi Floating Production Platform. The stated goal is to increase the number of homes using domestic gas to eight million in 2027. This is a planned next stage, not an increase already achieved. Bayraktar also said Türkiye has the world’s fourth-largest drilling fleet, comprising six ships. Source
Official source: Ministry of Energy and Natural Resources ↗Expectations for first electricity at Akkuyu
Discussing the Akkuyu Nuclear Power Plant in Mersin, Bayraktar said Türkiye was approaching its first nuclear electricity production. He referred to the coming weeks and months without providing a firm date. He said the plant, representing approximately $30 billion in investment, would meet 10% of Türkiye’s energy needs on its own. That share is presented as the minister’s forward-looking expectation. The announcement does not state that first electricity production has begun. Source
Official source: Ministry of Energy and Natural Resources ↗Support for household energy bills
Bayraktar said the state covers 63% of household natural gas bills and 55% of electricity bills. He illustrated those proportions with support of 630 lira on a 1,000-lira gas bill and approximately 550 lira on a 1,000-lira electricity bill. He said support for citizens would continue. During the Mersin programme, the minister visited the governor’s office and attended an AK Party provincial advisory meeting, before meeting businesspeople at a gala dinner organised by MÜSİAD. Source
Official source: Ministry of Energy and Natural Resources ↗Related news
KGK sets 13 November deadline for reporting exam applicants missing from lists ↗
Hatay earthquake debris becomes Phoenix structure at COP31 venue ↗
Pendik completes first Orta-Dumlupınar phase, with draw for 2,028 units ↗