BOTAŞ and SOCAR will own 50 percent of the company each and are not considering a third partner as yet.
Read More »Albayrak: Any Project Excluding Turkey in East Med not Economically Feasible
In February. Greek Cyprus announced that ENI and partner Total had discovered a potentially sizable gas field off its southwestern coast.
Read More »Turkey could Cooperate with Russia to Provide Electricity to Syria
Similar cooperation could be created in various countries around the world if such a model is developed.
Read More »Luaibi to Visit Turkey for Oil Export Talks
The two sides are expected to discuss resumption of export of Iraqi oil through the port of Ceyhan. on Turkey'.s eastern Mediterranean coast.
Read More »Kuwait to Invest in $500B on Oil and Gas Projects by 2040
Around 90 percent of Kuwait'.s state revenues come from oil.
Read More »Despite Bid to Diversify Gas Source. EU more dependent on Russia
Strong European demand has allowed Gazprom to increase production after weak results in recent years.
Read More »Iraqi Pipeline to Send 1M bpd of Oil to Turkey
Iraq is the second-largest crude oil producer in the Organization of the Petroleum Exporting Countries (OPEC) after Saudi Arabia.
Read More »Iraq Plans to Build New Pipeline to Export Kirkuk Oil via Turkey`s Ceyhan Port
Iraq is the second-largest crude oil producer in the OPEC after Saudi Arabia.
Read More »US Sanctions may Hurt TurkStream Project. Gazprom Warns
Gazprom warned investors last month that the sanctions may result in delays.
Read More »Baghdad Targets 1 Million bpd Output for Kirkuk Oilfields
According to results announced by the KRG. nearly 93 percent of registered voters cast ballots in favor of independence.
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