Russia, Turkey Oil and Gas
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.
Gazprom has closed its representative offices in three countries - Turkey, Japan and India, this follows from the company’s new memorandum on it's eurobonds issue.
Erdogan announces activation of cooperation with Russian on nuclear power plant Akkuyu and Turkish StreamEdited by Rhod Mackenzie / 2017-03-13 08:42:18
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
Rosneft has signed a number of documents with Turkey's leading energy companies on the margins of the meeting of the Russian President Vladimir Putin and Turkish President Recep Tayyip Erdogan.
The entire regulatory framework for the construction of the first thread of the Turkish Stream gas pipeline has already been prepared.
In 2016 Gazprom was granted customs preferences worth 46.2 bln roubles for gas supply to Turkey via Blue Stream, Federal Customs Service reports.
In January-February 2017, Turkey increased its imports of Russian gas by 16.6%, the centre of Gazprom reports.
Lukoil plans to expand its presence in Turkey by means of purchasing new fuel stations, oil bases and infrastructure on the transshipment of oil and oil products, the head of Lukoil, V.
In 2016, gas import to Turkey fell by almost 4.5% (more than 2.2 billion cubic meters) compared to 2015 and amounted to 46.16 billion cubic meters.
The EU approved the European Commission's proposal for investment of 444 million euros into European priority energy projects, according to a European Commission report.