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Turkey plans 40 more oil tanks to bolster energy security

Summary by AGBI
Plan to boost energy storage capacity 40 new storage tanks at Ceyhan Construction to begin this year Turkey is planning to massively upgrade its oil storage capacity to both boost energy security at home and help position the country as a centre for crude trading across the region. Under plans announced on April 25, state pipelines authority Botaş is to commission 40 new oil storage tanks at the port of Ceyhan on the Mediterranean.  When complet…
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AGBI broke the news on Friday, May 1, 2026.
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