Turkey Oil and Gas

Fall in lira’s value may help SOCAR to extend business in Turkey

The weakening of the Turkish lira can help SOCAR in implementation of its plans to expand the business in Turkey, the Interfax Global Energy reports.

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The second line of Turkish Stream to be launched by the end of 2019

The second line of the Turkish Stream gas pipeline, intended for European consumers, will be put into operation by the end of 2019.

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SOCAR Turkiye Enerji forecasts revenue of $0.5 billion per year from the activities of the STAR refinery

The annual income from the activity of the STAR refinery constructed by SOCAR Turkiye Enerji (Turkish subsidiary of SOCAR), will be $500 million a year, the head of the subsidiary Zaur Gakhramanov

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SOCAR Turkiye Enerji expects start of Azerbaijani gas supply to Greece via TANAP by 2020

Start of Azerbaijani gas supplies via the Trans-Anatolian gas pipeline (TANAP) is expected by the end of 2019, head of SOCAR Turkiye Enerji (Turkish subsidiary of SOCAR) Zaur Gakhramanov reported.<

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In 2019, construction of new petrochemical complex of SOCAR to start in Turkey

Construction of SOCAR’s petrochemical complex in Turkey is scheduled for June 2019. This was reported by SOCAR Turkey Enerji.

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Turkish refinery STAR receives first shipment of oil from Azerbaijan

On Friday the STAR refinery, built in Izmir (Turkey) by SOCAR Turkiye Enerji,  received the first shipment of Azeri Light oil of 80,000 tons, CEO of SOCAR Turkiye Enerji Zaur Gahramanov said.<

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In January-May, Azerbaijan reduced gas export to Turkey by 6%

In January-May 2018, Azerbaijan exported 2 615.1 million cubic meters of gas to Turkey as part of the Stage 1 of the Shah-Deniz field development, which is by 5.6% less than in the same period last

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Gazprom starts works in coastal part of Turkey within Turkish Stream

South Stream Transport B. V. has started works on the coastal area near Kyiykei within the construction of the Turkish Stream sea gas pipeline. This was reported by the press centre of Gazprom.

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Oil transportation via BTC in increased slightly in H1 2018

The volume of oil pumping through the Baku-Tbilisi-Ceyhan (BTC) pipeline in the first half of 2018 amounted to 16 million 552 thousand tons, which is 0.4% higher than the same period of 2017, Inter

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Azerbaijan and Turkey created a new energy map of Eurasia - Aliyev

Investments of Azerbaijani companies to the Turkish economy amounted to $13.9 billion, the Azerbaijani President Ilkham Aliyev said.

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