Tag Archives: Azerinews

Turkey Inks Major LNG Deal with ExxonMobil

The Turkey state pipeline company BOTAS and the American corporation ExxonMobil signed an agreement on the supply of liquefied natural gas (LNG) to Turkey on May 9 in Washington, Azernews reports. Bayraktar said that the signed agreement is designed for a long-term period and allows Turkey to take another step …

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Turkey to Ramp up Gas Production 8-Fold by 2050

Turkey is expected to reach natural gas production of 13 billion cubic meters annually by 2050, enough to power Istanbul and Ankara for 12 months, positioning it between Western markets and major energy suppliers in the Middle East and Russia, Azernews reports, citing Anadolu Agency. According to information compiled by …

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Saudis Threatened US with Major Economic Fallout in Oil Row

Saudi Crown Prince Mohammed bin Salman threatened the US with “major economic consequences” after President Joe Biden vowed “consequences” for the Kingdom after it slashed oil production last year, Azernews reports, citing Anadolu Agency. The allegation came in a report from the Washington Post newspaper on Thursday based on classified …

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South Korean Companies Eye in Gas Projects in Turkmenistan

South Korean companies are interested in implementing projects in the gas sector in Turkmenistan, this was stated by the head of the Korea-Turkmenistan Inter-Parliamentary Friendship Group Lee Dal-gon at a meeting with the President of the Supreme Council of Turkmenistan Gurbanguly Berdimuhamedov, Azernews reports, citing Turkmen media. According to Lee …

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