Nakkaş Holding, a Turkish conglomerate established in 2023, has signed an agreement to supply 1.6 million cubic meters of Azerbaijani natural gas per day to Syria via Turkey.
The deal, signed in Damascus between the Syrian Ministry of Energy’s Petroleum Directorate and Nakkaş Holding, aims to strengthen energy infrastructure and enhance supply security. On behalf of Syria, the agreement was signed by Deputy Energy Minister and Petroleum Directorate head Giyas Diyab, while Batuhan Alkan, Planning and Finance Director of Nakkaş Holding, represented the Turkish side.
Expanding Energy Cooperation
Both parties expressed their commitment to deepening cooperation in the energy sector to support infrastructure development and improve supply efficiency in the coming period.
The move comes as Syria seeks new energy sources to improve its electricity supply. The agreement complements earlier arrangements with Azerbaijan’s SOCAR and Turkey’s BOTAŞ.
In parallel, the first phase of a Qatar-financed natural gas pipeline project has also begun, designed to deliver around 3.4 million cubic meters of gas per day from Azerbaijan via Turkey to Syria. The gas will primarily be used to operate gas-fired power plants.
About Nakkaş Holding
Founded in Istanbul in 2023 under the leadership of Ramazan Öztürk, Nakkaş Holding brings together 16 companies with more than 40 years of experience under one umbrella. The group operates in oil and refined products, renewable energy, industry, services, and mining. Its subsidiaries include Transpet, Global Terminal, Global Gas Trans, Petro Global, Nakkaş Akaryakıt, Nakkaş Lojistik, Saves Enerji, Türk Ytong, JTFC, Be Aero, GTS Investments, and Nakkaş Madencilik.
Source: Patronlar Dünyası/ Prepared by: İlayda Gök