Tag Archives: gas turkey

Star refinery to contribute to petrochemical industry development in Turkey

The Star oil refinery will help reduce Turkey’s dependence on imports in the petrochemical industry

Source: en.trend.az

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Gazprom completes construction of first leg of Turkish Stream gas pipeline

The construction of a deep-water part of the Turkish Stream gas pipeline’s first leg finished on Monday near Turkey’s Black Sea coast, Russia’s energy giant Gazprom said. The average speed of the construction in the deep-water area, carried out by the Pioneering Spirit vessel, reached 4.3 km per day. The maximum efficiency – 5.6 km per day – was achieved twice this February.

The Pioneering Spirit vessel will continue the deep-water construction of the second leg of the gas pipeline in the third quarter of 2018.

Source: tass.com

International Energy Law Firm Turkey 

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The government of Turkey introduced tax reliefs on Turkish Stream project

The government of Turkey introduced tax reliefs and privileges for the implementation of the Turkish Stream project. According to the tax document, the activities carried out within the “Turkish Stream” in the exclusive economic zone in the Black Sea as well as on the continental shelf will not be taxed. 

Source: www.financeapprise.com

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Gazprom To Begin Turkish Stream Construction In Next Few Days.

Russian energy giant Gazprom will begin construction on the Black Sea portion of the Turkish Stream natural gas pipeline in a few days, according to CEO Alexei Miller, who spoke to reporters on Thursday.

Sourced through Scoop.it from: oilprice.com

Energy infrastructure project, legal advice and support across Turkey, the CIS & Russia  

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TANAP project 75 percent complete

Over 75 percent of the work on the TANAP project for the delivery of Azerbaijani natural gas to Turkey has been completed, Azertac reported citing TANAP Director General Saltuk Duzyol. He went on to say that TANAP is being constructed in two phases, including Phase-0 is of 56 inches diameter and 1 334 km long. Construction works in this phase are being carried out on the route starting from Turkish-Georgian border stretching to Eskisehir.

Sourced through Scoop.it from: www.azernews.az

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BP braces for electric car revolution as oil demand growth slows

BP is bracing for a revolution in electric car use that could halve the demand for oil from vehicles, helping to fan the flames of a fresh battle for market share among the world’s oil producers.

Sourced through Scoop.it from: www.telegraph.co.uk

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Turkey’s energy watchdog EPDK imposes two-month cap on power prices

Turkey’s energy watchdog EPDK imposed a two-month cap of 500 liras per megawatt hour on electricity prices on Friday after prices rose to their highest level in years.Turkey’s daily natural gas consumption has risen to record highs since December, largely due to colder-than-usual weather triggering higher power consumption.

Sourced through Scoop.it from: energy.economictimes.indiatimes.com

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$3.9B spent on STAR refinery construction in Turkey

As much as $3.9 billion have been spent so far on the construction of STAR oil refinery of Azerbaijan’s state oil company SOCAR in Turkey

Sourced through Scoop.it from: en.trend.az

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Turkey to boost gas capacity with investment, floating units

The BOTAŞ Pipeline Corporation aims to increase the daily capacity of Turkey’s natural gas system to 350 million cubic meters (mcm) per day from the current 200 mcm, according to official statistics.        

Sourced through Scoop.it from: www.hurriyetdailynews.com

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Turkey to take concrete steps for energy trading hub

Turkey will take concrete steps to utilize its geopolitical position near oil and gas rich countries in the Middle East, Caspian and Central Asia to become an energy trading hub, Turkey’s Energy Minister Berat Albayrak said Tuesday.

Sourced through Scoop.it from: aa.com.tr

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