Turkey

Turkish Petkim buys 18% stake in STAR refinery

The Turkish petrochemical complex Petkim acquired an 18% stake in STAR Rafineri A.S., a company engaged in the construction of a STAR refinery in Izmir, the website of the State Platform for Public

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In 2017, Gazprom increased gas export to Turkey by 17.3% to 29 bln cubic meters

In 2017, Gazprom increased gas exports to Turkey by 17.3% compared to the previous year's figure to 29 billion cubic meters, Gazprom’s CEO Alexei Miller told reporters.

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As of December 1 Azerbaijan extracted 250 million tons of profitable oil from Azeri-Chirag-Gyuneshli - SOCAR

As of December 1st, 2017 the total volume of Azerbaijan's profitable oil, produced so far from the Azeri-Chirag-Guneshli (AChG) fields block, was 250 million tons, Khoshbakht Yusifzadeh, SOCAR

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Rosatom: new Turkish companies show interest in purchasing a share in Akkuyu nuclear power plant

New Turkish companies have been interested in acquiring a stake in the Akkuyu nuclear power plant.

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Rosatom begins construction of Akkuyu nuclear power plant in Turkey under a limited permit

The State Corporation Rosatom started construction of the Akkuyu nuclear power plant in Turkey within the framework of a limited building permit issued in October, Rusatom-International Network (RM

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Erdogan: TANAP turns Turkey into energy hub in the region

Due to TANAP, Turkey has become an energy hub in the region. This was reported by the President of the country Recep Tayyip Erdogan, who was visiting Greece.

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In January-November, Gazprom increased gas export to Turkey by 20.4%

In January-November 2017, Gazprom increased gas exports to Turkey by 20.4% compared with the same period in 2016. This was reported by the company.

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Dependence of Turkey on Russia in energy sector to grow

Against the background of a number of recent events that have taken place in foreign policy, Turkey no longer dreams of finding itself at the heart of the global energy industry.

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In January-September, Azerbaijan slightly increased gas export to Turkey

In January-September 2017, Azerbaijan exported to Turkey 4 853.89 million cubic meters of gas within the stage-1 of the Shah-Deniz field development, which is by 0.2% more than in the same period o

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European Commission calls on the EIB to support project of Azerbaijani gas pipeline

The European Commission has sent a letter to the European Investment Bank (EIB), which contains a call to grant a loan for the construction of two gas pipelines that are part of the Southern Gas Co

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