The Marmara LNG terminal is owned by BOTAS. the Turkish state-owned integrated gas company.
Read More »Shipping Rates for Middle East Oil Are Surging
Oil tanker owners are raising the prices they charge to export Middle East crude as tensions surge in a region that accounts for about a third of all seaborne petroleum shipments.
Read More »Middle East Oil Shipping Rates Surge as US-Iran Tensions Grow
Rates for transporting 2 million barrel cargoes from Saudi Arabia to China has jumped to almost $26.000 a day.
Read More »Iran Eyeing More Trade with Turkey
Iranian Foreign Minister Mohammad Javad Zarif. in a meeting with his Turkish counterpart Mevlut Cavusoglu in the central city of Isfahan. said that his country is ready to significantly increase the volume of trade with Turkey.
Read More »Security Situation in Middle East Threatened Exxon’s Iraqi Oil Deal
The deal will involve the development of two oil fields in southern Iraq.
Read More »EU Prepares to Impose Sanctions on Turkey over Gas Drilling
The European Council expresses serious concerns over Turkey'.s current illegal drilling activities in the Eastern Mediterranean.
Read More »Despite Tensions. Turkey will Send Second Drilling Ship off Cyprus
The crisis in the eastern Mediterranean also affected the EU enlargement plans.
Read More »Consultations Underway to Further Ease Iran-Iraq Trade Flow
Iranian officials. diplomats and traders are consulting with their Iraqi counterparts to further ease commercial and economic interactions between the two neighboring countries. said Ahmad Siahpush. the Consul General of the Islamic Republic in Basra.
Read More »Iraq`s Possible Oil Export Plan in case of Middle East Tension
The Persian Gulf and then the Strait of Hormuz are the key export routes of Iraqi crude oil from its southern ports.
Read More »Iraqi Kurdistan Calls for More Economic Ties with Iran
The Importer and Exporter Union of Iraq’s Northern region of Kurdistan called for wider economic relations with Iranian traders. and asked for an office of Sanandaj Chamber of Commerce to be opened in Erbil. the central city of the Iraqi Autonomous Region
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