Turkey

Investment decision on project of Poseidon gas pipeline expected by the end of 2019

An investment decision on the project of the Poseidon offshore gas pipeline between Greece and Italy is expected by the end of 2019.

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In January-October SOCAR reduces the export of products by 29.4%.

In January-October 2017 SOCAR (the State Oil Company of Azerbaijan) exported 667,538 tons of oil products and petrochemicals, which is 29.4% less than within 10 months of 2016, when the company sup

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Energy Ministries of Turkey and Azerbaijan discuss joint projects

The Minister of Energy and Natural Resources of Turkey Berat Albayrak and the Azerbaijani Energy Minister Parviz Shahbazov have discussed jointly implemented energy projects.

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Turkish Stream enters exclusive economic zone of Turkey, but there is still a lot to do

The first thread of the Turkish Stream main gas pipeline under construction reached the Turkish exclusive economic zone on November 4, 2017.

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European Investment Bank to provide a loan for $1.3 bln for Southern Gas Corridor

The European Investment Bank (EIB) has announced its intention to participate in the implementation of the Southern Gas Corridor project.

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Turkey seeks to export Turkmen gas to Europe through its territory

Turkey continues serious attempts to transport Turkmen gas to Europe through its territory, the Turkish President Recep Tayyip Erdogan stated.

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In January-August, Azerbaijan reduced gas export to Turkey by 1.2%

In January-August of this year, Azerbaijan exported 4 273.85 million cubic meters of gas to Turkey within the framework of the stage 1 of the Shah-Deniz field development, which is by 1.2% less tha

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Naftogaz assesses the Ukraine’s loss from Turkish Stream at up to $1 bln

The launch of the Turkish Stream gas pipeline will deprive the Ukraine of the annual revenues from the Russian gas transit in the amount of up to $1 billion, said head of Naftogaz Ukrainy Andrei Ko

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Turkish Stream may be laid through Greece

The Russian side hasn’t ruled out the option of laying the second thread of the Turkish Strea main gas pipeline via Greek territory, the Russian Energy Minister Alexander Novak said.

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Turkey issues positive opinion on environmental impact report for last section of Turkish Stream

Turkey gave Gazprom a positive opinion on the environmental impact report for the shallow coastal, last section of the Turkish Stream project.

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