LUKOIL owns a 10-percent stake in the consortium for the development of the giant Shah Deniz gas field in Azerbaijan.
Read More »Neka Port Gets First Oil Swap Cargo in 7 Years
The company moved about 80 percent of the crude it pumps from its 44.000-45.000 barrels per day field through the swap deal.
Read More »UAE Replaces Qatar Oil with US
Qatar recently signed a deal with the US aiming to combat support and funding of terrorism.
Read More »Iran`s Reliance on Turkmen Gas Ends
The pipeline will address gas shortages in the Semnan. Golestan. Mazandaran. North Khorasan. Khorasan Razavi. and South Khorasan provinces.
Read More »New Pipeline to Guarantee Stable Supply of Gas in North Iran
Last winter. Turkmenistan breached a deal with Iran by cutting gas supplies.
Read More »SOCAR Plans to Implement Second Petrochemical Project in Turkey
As of today. SOCAR investments in Turkey reached about $19.5 billion. a part of which has been invested in the Star refinery.
Read More »Saudi-Led Bloc ‘Drops Qatar Demands’
List of 13 demands on major LNG player replaced with call to accept six ‘broad principles’. reports say.
Read More »SOCAR: Change in Gasoline Prices to Accelerate Modernization of Oil Refining Industry
Azerbaijan imports Premium gasoline and its free price. as it is known. is quite high in the market.
Read More »Abu Dhabi to Host IAEA Nuclear Power Conference
The Barakah Plant. located in the Al Dhafra Region of Abu Dhabi Emirate. is currently the largest single nuclear energy '.new build'. project in the world.
Read More »Turkmenistan Continues Exploring Uzynada Gas Field
The field belongs to the fields’ zone of Kyzylkum depression. which is located not more than 200 meters above the sea level.
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