Türkiye regulations · 29 October 2026
Bayraktar signals possible ENI cooperation and forthcoming energy targets
In the ministry’s 27 October announcement, Bayraktar outlined an unfinished ENI project and said further announcements would follow on the National Energy 2040 Plan and COP31 targets.
Türkiye’s Minister of Energy and Natural Resources, Alparslan Bayraktar, raised the prospect of cooperation with ENI at the Italy-Türkiye Energy Partnership and Business Matching Event in Istanbul. According to the ministry’s announcement dated 27 October 2026, he said the agreement still needed to be completed and pointed to forthcoming announcements on electrification and renewable energy. [Source](https://enerji.gov.tr/haber-detay?id=31956)
ENI agreement remains unfinished
Bayraktar said Türkiye was investing in oil exploration and planned to expand cooperation with oil companies, including ENI. He expressed hope that a major announcement could be made soon, but stressed that the agreement needed to be completed before he could disclose its details. His remarks therefore signal prospective cooperation rather than announce a signed agreement or an operational joint project. The ministry’s report does not specify the project’s location, investment value or implementation timetable. [Source](https://enerji.gov.tr/haber-detay?id=31956)
Official source: Ministry of Energy and Natural Resources ↗Partnerships could extend to third countries
The minister described energy and mining as areas where Türkiye and Italy could complement one another, with significant opportunities for cooperation. He said partnerships could extend beyond the two countries, identifying Africa, the Middle East and Central Asia as possible regions. These remarks were not presented as confirmed projects in specific countries. Bayraktar also described political relations between Türkiye and Italy as having developed positively in recent years and argued for broader international cooperation in response to recurring crises. [Source](https://enerji.gov.tr/haber-detay?id=31956)
Official source: Ministry of Energy and Natural Resources ↗Electrification at the centre of the 2040 plan
Bayraktar said a major announcement concerning the National Energy 2040 Plan would follow the next week. He placed electrification at the centre of the new strategy, anticipating greater use of electricity across sectors, from industry to buildings. He identified growing energy demand, dependence on external supplies and decarbonisation as challenges facing Türkiye. He also said the goal of a carbon-neutral economy in 2053 required fundamental transformation across industry, buildings, transport and agriculture. The report does not disclose the plan’s detailed provisions or announce new sectoral obligations. [Source](https://enerji.gov.tr/haber-detay?id=31956)
Official source: Ministry of Energy and Natural Resources ↗Higher renewable energy targets expected at COP31
Alongside economy-wide electrification, Bayraktar emphasised the need for clean electricity sources and described maximising renewable resources as a priority. Recalling the 120-gigawatt target announced at COP29 in Baku in 2024, he said Türkiye would announce larger and more ambitious renewable energy targets at COP31. He did not provide their numerical scale. The announcement consequently distinguishes earlier statements from targets still to be unveiled: it does not establish a new quantified target or an enacted regulatory requirement. [Source](https://enerji.gov.tr/haber-detay?id=31956)
Official source: Ministry of Energy and Natural Resources ↗Related news
Türkiye outlines 2035 waste and energy targets for COP31 agenda ↗
Five countries meet under SWAP as Kocaeli pilot activities are discussed ↗