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In a first phase. TANAP will introduce 6 billion cubic meters (bcm) of gas yearly. so Turkish imports. set at 6.6 bcm by Albayrak. will be covered in a 90 percent.
Read More »TANAP Gas Pipeline Will Start Operating in June
Iran Oil Sanctions could Advance China`s `Petro-Yuan`
U.S. exit from Iran deal puts pressure on European planemakers.
Read More »SOCAR Opens Offshore Oil Filling Season in Ukraine
The network operates 60 petrol stations in Ukraine. as well as two ``Baku-1`` oil bunkers in Kiev and ``Ganja`` in Odessa.
Read More »OPEC in No Hurry to Decide if Extra Oil Needed to Offset Iran
Oil ministers from OPEC and its partners meet on June 22-23 in Vienna to review the existing agreement.
Read More »Iranian Oil Exports to Asia Rush Ahead of Impending Sanctions
China remained the largest export destination for Iranian oil. with flows rising to 714.467 b d in April. up just over 20.000 b d from March.
Read More »US Decision on Iran may Trump Government Math. Pinch Fuel Consumers
Economists and investment bankers believe a 10% increase in oil price could raise inflation by 0.2-0.3%.
Read More »China Reassures Tehran on Honoring Nuclear Deal. Buying Iranian Oil
China buys the largest share of Iranian oil. and most of the rest is sold to the other top Asian consumers.
Read More »New Gas Main to Europe may be Built in Russia
The gasmain is planned to be commissioned in 2019. it will be the second branch of the Northern stream.
Read More »First Shipment of Kazakhstan`s Liquefied Gas Launched to Ukraine through Belarus
First shipment of Kazakhstan'.s liquefied gas to Ukraine was launched through Belarus.
Read More »Saudi Arabia. Other Producers to Ensure Market Stability amid Iran Sanctions
The US decision sent oil futures surging Wednesday as traders digested the likely consequences.
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