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Iraq thus has fulfilled its obligations to reduce production by more than 100%.
Read More »Iraq Surpasses Its Plan to Reduce Oil Output Under Production Cut Deal
China Looks Beyond the Middle East for Its Crude Oil Fix
The Middle East accounted for just under half of China’s crude oil imports in 2016.
Read More »Syrian Army Enters Dayr al-Zawr from Badia Desert Region
Daesh controls most of the oil-rich Dayr al-Zawr Province. but the terror outfit is under pressure from Syrian forces advancing from the west.
Read More »Russian Minister Calls Turkey `Crucial` Trade Partner
Russia and Turkey were enhancing cooperation in several fields. including industry. transport. agriculture and construction.
Read More »Capacity of Bulgaria’s Transit Gas Pipeline to Turkey to Increase in 2018
The project is in line with the Bulgarian government’s efforts to diversify the current gas delivery routes and sources.
Read More »Gazprom Boosts Natural Gas Exports to Turkey & Southern Europe
Gazprom Deputy Chairman Aleksandr Medvedev has said the company expects to sell up to 180 bcm of gas this year.
Read More »Turkey`s Unit International Signs $7bn Deal to Develop Gas and Oil Fields in Iran
According to Unit. the production expected from the unnamed Iranian gas field is 1.5 times the 50 billion cubic meters of gas imported each year by Turkey.
Read More »SOCAR Gets 4 New Licenses in Turkey
It is expected that in 2018. the consolidated turnover of SOCAR Turkey Enerji will reach $15 billion.
Read More »Iraq`s Oil Exports Dip. Still Some Way Off OPEC Compliance
The bulk of Iraq'.s oil is exported via the southern terminals. Smaller amounts are shipped from northern Iraq via Ceyhan in Turkey.
Read More »Erdoğan to visit Iran
Tehran and Ankara hold similar views on regional issues.
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