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Tuesday, September 13 2011 , Your time is 15:58:00
Turkey told Iraq it would deal only with the Iraqi government on crude oil exports, the office of Iraqi Prime Minister Haider al-Abadi said on Sept. 28.
ANKARA - Anadolu Agency
Bulgarian and Turkish gas operators Bulgartransgaz and Botaş will hold meetings as soon as possible to speed up progress for the Turkey-Bulgaria Gas Interconnection Project “ITB,” Nadezhda Neynsky, Bulgaria’s ambassador to Turkey, told state-run Anadolu Agency on Sept. 25.
DOHA – Reuters
State-run Qatargas, the world’s largest producer of liquefied natural gas (LNG), said on Sept. 20 that it had signed a medium-term sales and purchase agreement with Turkey’s Botaş to deliver 1.5 million tons of LNG each year for three years.
LONDON - Reuters
Brent oil prices hovered near 26-month highs, supported by Turkey’s threat to cut crude exports from Iraq’s Kurdistan region as well as signs that market rebalancing is accelerating.
ANKARA – Anadolu Agency
The Kurdistan Regional Government’s economic clout, driven by oil revenue, could be at risk due to row with Turkey over an independence vote, an energy expert says
Russian Gazprom’s board of directors has approved the formation of a joint venture with Turkey’s Botaş for the TurkStream natural gas pipeline project, according to a statement released by Gazprom on Sept. 25.
Russia’s Rosatom expects to sell a 49 percent stake in its Turkish nuclear project to a consortium of Turkish companies by the end of the year, and aims to start construction of the Akkuyu plant by the end of March, a company executive said.
JARKUDUK - Reuters
Lukoil plans to keep pumping 100 million tons of oil per year between 2018 and 2027 with projects outside Russia and will keep annual investment at $8 billion-$8.5 billion, the chief executive said on Sept. 23.
British oil giant BP and energy-rich Azerbaijan on Sept. 14 prolonged their sharing deal for the Caucasus nation’s largest oilfields until 2050.
Russia’s energy minister said on Sept. 22 that he was in favour of continuing cooperation with the OPEC oil cartel as their joint accord to cap output bears fruit in boosting the price of crude.
Greek Cyprus said on Sept. 12 that an exploratory drill by Italian-French venture Eni-Total in waters off the Mediterranean island had failed to find enough natural gas to exploit.
Bülent Sarıoğlu – ANKARA
Turkish Foreign Minister Mevlüt Çavuşoğlu has said Turkey and Turkish Cyprus will respond in coordination to a French-Italian drill off southeastern Cyprus, which he mocked as a “so-called international tender.”
Turkish LPG distribution company Aygaz said on Sept. 12 its Entek Elektrik Üretim unit, jointly owned with parent Koc Holding, has bid in a tender to operate two hydroelectric power stations.