Turkey

SOCAR to start construction of petrochemical complex Mercury in Turkey by 2021

SOCAR Turkiye Enerji (Turkish subsidiary of state-owned oil company of Azerbaijan) plans to begin construction of a petrochemical complex in Turkey at the end of 2020, said project manager of SOCAR

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Azerbaijan may produce up to 50 bln cubic meters per year

By 2025, volume of gas production in Azerbaijan could reach 50 billion cubic meters per year.

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Star refinery to increase its capacities on oil and petroleum products storage 1.6 times by 2021

Turkish refinery Star plans to increase capacity of a plant for storage of crude oil and petroleum products 1.6 times until 2021. This was stated by general director of the company Mesut Ilter.

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Azerbaijan, Turkmenistan and Turkey to cooperate in alternative energy field

A trilateral meeting on energy cooperation between Turkey, Azerbaijan and Turkmenistan was held in Istanbul.

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Rosatom considers sale of its share in Akkuyu nuclear power plant to private companies of Turkey

Rosatom is negotiating on sale of 49% in Akkuyu Nuclear, which is building the Akkuyu nuclear power plant, both with state and private companies in Turkey, said general director of the state-owned

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Since June 2018 Turkey received 1.4 billion cubic meters of Azerbaijani gas via TANAP - SOCAR

In 2018-2019, the Shah-Deniz consortium delivered 1.4 billion cubic meters of gas to Turkey via the Trans-Anatolian gas pipeline (TANAP), SOCAR (State Oil Company of Azerbaijan) said.

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Azerbaijani-German joint venture Turan Drilling & Engineering becomes BP contractor for projects in Azerbaijan, cost of contract - $500 million

The British company BP has signed a contract for drilling wells and design and engineering work in the Azerbaijani sector of the Caspian Sea worth $500 million, the press service of the company sai

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Serbia to start construction of Turkish Stream soon

Serbian Prime Minister Ana Brnabic said on Monday that a permit for construction of the Serbian section of the Turkish Stream gas pipeline would be issued before the end of April.

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Phosagro to propose Turkey to reduce or cancel duty for import of mineral fertilizers from Russia

The head of Phosagro, Andrei Guriev, intends to submit to the Turkish President Recep Erdogan a proposal to reduce or cancel import duties on Russian mineral fertilizers.

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Both Russia and Turkey interested in solving issue of gas price

Russia and Turkey have not yet reached an agreement on price of Russian gas, Vladimir Putin said after talks with his Turkish counterpart Recep Tayyip Erdogan.

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