Turkey Oil and Gas

Ukraine and Belarus want to work in Turkish Stream

The land gas pipelines were built by the USSR and still allow pumping huge volumes from Russia to Europe with minimal costs.

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Turkish Stream project can be connected to TAP

The Turkish stream project may be connected to the Trans-Adriatic pipeline (TAP) in the future. This was reported by Sberbank’s senior analyst for the oil and gas sector Andrei Gromadin.

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SOCAR increased investments in Petkim in the first half of 2019 by 32.7%

SOCAR increased investments in Petkim by 32.7% in the first six months of 2019.

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SOCAR plans to lay Foundation of petrochemical complex Mercury in Turkey in the first half of 2020

SOCAR Turkey Enerji (subsidiary of SOCAR) plans to lay foundation of petrochemical complex Mercury in Turkey in the first six months of 2020, head of SOCAR Turkiye Enerji Zaur Gakhramanov said.

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Azerbaijan exports 769.90 million cubic meters of gas to Turkey in May.

Azerbaijan exported 769.90 million cubic meters of gas to Turkey in May 2019. Compared to the same period last year the indicator increased by 28.04%.

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Russian LNG and pipeline gas become main competitors in EU

In the first six months of the year, Gazprom's main competitors on the European market were liquefied gas suppliers, primarily Novatek.

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Turkey reduces purchase of Russian gas due to crisis

A reduction of Russian gas supplies to Turkey is not connected with political reasons, it is a consequence of economic crisis in the country and diversification of fuel supplies.

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Whether Russia should help Turkey in searching for oil and gas reserves of the Levant Basin

“Russian companies have successfully implemented energy projects in the Mediterranean sea. For example, Rosneft is working on the Egyptian Zohr field.

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In the first half of the year, transit of Azerbaijani oil via Baku-Tbilisi-Ceyhan through Georgia amounted to 120.5 million barrels

In January-June 2019, oil transit through pipelines in Georgia amounted to 133.9 million barrels, which is by 4.7% less than in the same period of 2018, Georgian oil and gas corporation (GOGC) repo

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STAR oil refinery of SOCAR to buy 1 million tons of oil from Rosneft

The Turkish STAR refinery, controlled by SOCAR Turkye Enerji, will purchase 1 million tons of Russian mix "Urals" from Rosneft. This was reported by general director of the plant M.

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Oil and Gas, Metals and Mining, News from Russia and neighbouring countries
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