TANAP will account for 10 percent of all gas imports to Turkey. which is important in terms of diversifying supplies.
Read More »IEA Predicts Oil Demand Rebound in 4Q18
The two leading non-OECD oil markets. China and India. both remain on course to grow solidly this year.
Read More »Azerbaijan Reports on Implementation of OPEC + Deal for July
At the last OPEC meeting in Vienna. the agreement was again extended until the end of 2018.
Read More »SOCAR will Open 2nd Petrochemical Facility in 2023
The refinery is SOCAR Turkey'.s biggest investment in the country coming at a cost of $6.3 billion.
Read More »Iran. Turkmenistan Take Gas Debate to Arbitration
Iran has imported natural gas from Turkmenistan since 1997 for distribution in the north of the country.
Read More »SOCAR will Begin LNG Shipment to Pakistan in Coming Months
Pakistan is increasing LNG intake amid increasing demand for gas and decline in production.
Read More »Russian Oil Production Up 150.000 bpd in July
Russia has used stocks held in tanks at its oilfields to boost production.
Read More »Pertamina Invites SOCAR for Partnership in Refinery Upgrade
Indonesia'.s estimated oil reserve is over 60 billion barrels.
Read More »It`s Clear who is Right and Wrong in Trade Row between U.S. and China
The United States is expected to become the world’s third biggest LNG exporter by capacity in 2019.
Read More »SOCAR Trading to Refocus on LNG Sales
SOCAR plans to increase its headcount in London. including with more LNG-focused hires.
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