Turkey

Azerbaijan attracts syndicated loan of $750 million for TANAP gas pipeline

Azerbaijani company Southern Gas Corridor has attracted a syndicated loan in the amount of $ 750 million under guarantees of the Multilateral Investment Guarantee Agency (MIGA) to finance the Trans

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Gas supplies to Turkey start via TANAP

Trans-Anatolian gas pipeline (TANAP) has begun to supply commercial gas volumes to Turkey from the second stage of the Shah-Deniz gas condensate field development on the Caspian sea shelf.

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In January-April, Azerbaijan reduced gas export to Turkey by 7%

In January-April 2018, Azerbaijan exported 2 013.8 million cubic meters of gas to Turkey within the Stage 1 of the Shah-Deniz field development, which is by 7.4% less than in the same period last y

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First string of Turkish Stream to start work in 2019, second - to go to Bulgaria via Turkey

Deliveries of Russian gas to Turkey via the first string of Turkish Stream will begin before the end of 2019, the Deputy Chairman of the Board of Gazprom Alexander Medvedev said at a press conferen

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Baku announces possibility of transportation of from Turkmenistan, Iran and Iraq via TANAP

Azerbaijan believes that transporting gas from Turkmenistan, Iraq and Iran via the Transanatolian gas pipeline (TANAP) may be considered in the future.

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In Q1, Azerbaijan increased gas export to Turkey

In the first quarter of 2018, Azerbaijan exported 1 721.76 million cubic meters of gas to Turkey as part of Stage 1 of the Shah-Deniz field development, which is by 7.8% more than in January-March

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Turkish Stream bends round disagreements, but conflict of Gazprom and Botas may resume soon

Gazprom will still pay Turkish Botas $1 billion in the form of a discount on gas supplied in 2015-2016, which will be provided retroactively and thus settle the dispute of the companies in arbitrat

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TANAP project is very important for strengthening energy security in Europe: Turkish Ambassador to Turkmenistan

We very much hope for Turkmenistan's participation in the TANAP project, since Turkmenistan plays a key energy role in the region, Mustafa Kapuzhu, the Turkish Ambassador to Turkmenistan, said

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In Q1, Azerbaijan increased export of electricity 8 times, import fell by 18%

In the first quarter of 2018, Azerbaijan exported 700 236.39 thousand kWh to the amount of $33 907.7 thousand, the Interfax-Azerbaijan was informed in the Government.

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