Tag Archives: Asia

The required investment in the project would be around $1 billion.

Erdogan has to formulate a tough response to shore up the nationalists at home ahead of critical elections in 2019.

A hydro power plant is currently under construction close to the border with Armenia. where the 50MW solar power plant will be developed by Iranian firms.

Absheron’s reserves are estimated at 350 billion cubic meters of gas and 45 million tons of condensate.

Russia is currently the top exporter to China for oil and energy. and the fifth for coal.

The Turkish President has already warned against the holding of the referendum which he fears will draw Turkish Kurds into a future conflict.

Kurdish oil production has been dominated by mid-sized oil companies such as Genel. DNO. Gulf Keystone and Dana Gas.

With the Turkish government'.s decisiveness. the target of a 30 percent gas share in the power sector by 2023 will most likely be achieved in one to two years.

Adnoc plans to merge ADMA-OPCO with the Zakum Development Co.. or Zadco. of which it also owns 60 percent. by the end of the year.

North Korea also produces coal. exporting some US$1.2 billion of this to China last year.