Tag Archives: Caspian Sea States

Oil exports via the Caspian Pipeline Consortium (CPC) rose by 3.6 percent to 44.3 million tonnes in 2016.

There could be more cuts if there are other non-OPEC countries that will join the agreement.

Iran and Turkmenistan signed a gas contract in 1997 for a period of 25 years.

The total length of the TAPI pipeline will be 1.814 kilometers.

The Ashgabat government is trying to diversify exports by discussing the Trans-Caspian link to Europe.

Russia has agreed to cut its oil output by 300.000 barrels per day under the OPEC deal signed in Vienna.

Turkmenistan Gas Congress

OPEC countries agree on extension of the deal. but Iraq and Iran will not be part of it.

Russian oil production declined by 254.000 bpd from April 1-26 compared with the reference level of October.

Extension of the OPEC deal in May is quite likely. because OPEC and non-OPEC partners will be under pressure to extend it.