Tag Archives: Daily Sabah

Russian energy giant Gazprom said on Tuesday that natural gas exports outside former Soviet Union countries fell by 28.5% year-over-year to 30.7 billion cubic meters (bcm) from Jan. 1 to March 15. The company added that it continues to deliver gas as requested by consumers in full compliance with contractual …

A new capacity allocation process of 2,787 megawatts in the field of wind and solar energy was completed, head of Turkey’s Energy Market Regulatory Authority (EPDK), Mustafa Yılmaz said Saturday. “We will jointly implement a renewable energy investment of $5 billion in 1.5-2 years at the latest,” he said. A …

Russian natural gas flows through the Yamal-Europe pipeline halved on Thursday morning on its way to Poland, data from German network operator Gascade showed, the same day that Moscow launched “a special military operation” in Ukraine. It was not immediately clear whether the lower flows were related to the developments …

Concerned about Europe’s energy vulnerability, the head of NATO said the continent needs to diversify its energy supplies on Sunday. Britain warned it was “highly likely” that Russia, a major natural gas supplier, wanted to invade Ukraine. Russia has massed some 120,000 troops near its neighbor and demanded the western …

The European Union will need to invest 500 billion euros ($568 billion) in new generation nuclear power stations from now until 2050, the bloc’s internal market commissioner said in an interview published over the weekend. “Existing nuclear plants alone will need 50 billion euros of investment from now until 2030. …

A daily flow of 1.15 million cubic meters (mcm) of natural gas was achieved after a successful flow test of the first reservoir section in the Türkali-1 appraisal well in the Sakarya Gas Field, Turkish Petroleum (TPAO) said via Twitter late Monday. TPAO successfully completed the flow test of the …

The European Union will need to invest 500 billion euros ($568 billion) in new generation nuclear power stations from now until 2050, the bloc’s internal market commissioner said in an interview published over the weekend. “Existing nuclear plants alone will need 50 billion euros of investment from now until 2030. …

As the world wrestles with soaring energy prices just ahead of winter, Turkey is revving up efforts to ensure the fallout is only minimally reflected on its citizens and their energy bills, according to officials. Gas and electricity prices, particularly in Europe, have been setting record highs on a daily …

Energy prices are soaring around the world as the global economy’s rebound from the COVID-19 pandemic strains with decrease of supplies ahead of a predicted long winter in the Northern Hemisphere. This increase is particularly high in Europe, where gas prices are trading near record levels. Not only households are …

NATO Secretary-General Jens Stoltenberg on Monday asked China to show more transparency on its nuclear arms program. Stoltenberg held a talk with Chinese Foreign Affairs Minister Wang Yi by a video link to discuss NATO-China relations and international security challenges, Stoltenberg’s office announced in a press statement. Stoltenberg reaffirmed that …