Oil and Gas, Turkey

Construction of Turkish Stream to begin in the summer

Gazprom will start laying the pipes of the first thread of the Turkish Stream gas pipeline next summer. This is stated in the company's financial report.

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Azerbaijan annually exports 6.6 bln cubic m of gas to Turkey, 2 bln cubic m to Georgia

Azerbaijan annually exports about 6.6 bln cubic m of gas to Turkey, 2 bln cubic m to Georgia, the first deputy head of the gas export department of SOCAR, N. Samedadze, said.

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Gazprom increased gas export to Turkey by 25% in 2017

Gazprom increased gas export to Turkey by 25% in 2017.

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Construction of TANAP is over by almost 70% - consortium

The works on the construction of TANAP are fulfilled by 67%. The saved amount in the framework of the  project made up $3.2 bln, CEO of TANAP consortium, S. Dyuzoil, said.

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BP-Azerbaijan to start gas export to Turkey in H2 2018 in the framework of Shakh-Deniz-2

In late 2017 BP-Azerbaijan plans to deliver the first gas into the system of gas export constructed in the framework of stage -2 of development of the Shakh-Deniz deposit, regional President of BP

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In January, Azerbaijan reduced gas export to Turkey

In January 2017, Azerbaijan delivered to Turkey 590.35 million cubic meters of gas compared to 594.46 million cubic meters a year earlier.

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In January, Azerbaijan reduced gas export to Turkey by 1%

In January 2017, Azerbaijan exported 590.35 million cubic meters of gas to Turkey within the stage-1 of the Shah Deniz field development, which is by 0.7% less than in the same period in 2016, this

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Gazprom is encouraged replacing Turkish Stream with South one

It seemed just yesterday that Gazprom had finally abandoned the South Stream project and would agree with Ankara on the Turkish Stream from day to day.

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Erdogan announces activation of cooperation with Russian on nuclear power plant Akkuyu and Turkish Stream

The Turkish President Recep Tayyip Erdogan has noted the intensification of the cooperation between Turkey and Russia in the implementation of the Akkuyu nuclear power plant and the Turkish Stream

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Azerbaijan increases capital of SOCAR Turkey Yatirim by 27%

Azerbaijan has increased the authorized capital of SOCAR Turkey Yatirim by almost 27%.

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