Turkey Oil and Gas

SOCAR: Since June 2018, Azerbaijani gas supplies to Turkey via TANAP amounted to 3.5 billion cubic meters

The total volume of gas production from the Shah-Deniz field in 2006-2019 exceeded 115 billion cubic meters, the SOCAR’s first vice-president Khoshbakht Yusifzadeh said.

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Bulgarian Stream is ready to accept gas from Turkish Stream from January 1

The Bulgarian side is ready to provide transit gas supplies to Greece and Northern Macedonia from the Turkish Stream pipeline from the beginning of the year.

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Russia reduced petrol production by 3.1% in November

In November 2019, petrol production in Russia decreased by 3.1% compared to the same period last year to 3.28 million tons.

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Turkey received 3.3 billion cubic meters of gas from Azerbaijan under TANAP from June 2018

From June 2018 to November 25, 2019, deliveries of Azerbaijani gas from the Shah-Deniz field to Turkey via the Trans-Anatolian gas pipeline (TANAP) amounted to 3.3 billion cubic meters of Azerbaija

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Georgia to receive more than 1.1 billion cubic meters of gas for transit from Azerbaijan by 2023

The total amount of gas that Georgia will receive for transit of natural gas from Azerbaijan through the Southern Gas Corridor project will exceed 1.1 billion cubic meters by 2023.

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Expert: TANAP is not able to compete with Turkish Stream

Turkish political analyst Aydin Sezer notes that the Trans-Anatolian gas pipeline is not a big enough project for this

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From 2022, Gazprom's dividends to amount to 50% of profits

Gazprom may start paying 50% of its profits as dividends from 2022. This is stated in the presentation of the company on results of the third quarter of 2019.

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Gazpromneft to participate in creation of an international technology hub in St. Petersburg

Gazpromneft will take part in a project to create an international technology hub in St. Petersburg.

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Azerbaijan exported over 300 thousand tons of crude oil to Turkey in January-August

Azerbaijan exported 302 301.278 tons of crude oil to Turkey in January-August 2019, it follows from materials of the Turkish Energy Market Regulatory Council (EPDK).

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Nurshin Guney: Turkish Stream is the most important strategic project ever signed between Russia and Turkey.

Russian gas will be much cheaper for European consumers than the alternatives the United States can offer, a member of the Turkish Presidential Council on Security and Foreign Policy, Nursin Atesog

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