Assets of State Oil Fund of Azerbaijan for First Time Exceed $40 Bn
Assets of the State Oil Fund of Azerbaijan (SOFAZ) in the first quarter of 2019 increased by 4.56% to $ 40 billion 273.3 million, the…
Two companies to compete for contract on construction of IGB
ICGB opened publicly the price offers in the tender for construction of the interconnector with Greece Today in the office of the project company ICGB…
Turkmen gas went to Russia
Gazprom has resumed the purchase of Turkmen gas, the company told RBC. The fact that Turkmenistan has resumed natural gas supplies to the Russian Federation…
Gazprom confirms restart of gas supplies from Turkmenistan
Gazprom confirmed resumption of gas supplies from Turkmenistan, the Russian gas holding told TASS on Monday. “We confirm deliveries from Turkmenistan,” Gazprom says. Turkmenistan restarted natural…
99% of TAP pipes welded in Greece, Albania
Around 99 percent of pipes of the Trans Adriatic Pipeline (TAP) have been welded in Greece and Albania, Trendreports with reference to TAP AG consortium. As…
Massive blast at Johor Petronas facility felt in Singapore
The impact from an explosion at a Petronas oil and gas facility in Pengerang, Johor, in the early hours of Friday (April 12), was felt…
Brazil has the potential for a 70% oil production increase by 2035
But is it likely? Brazil can look forward to some positive news when it comes to oil production for the next few years. After closing…
Shell Confirms Withdrawal from Baltic LNG Project
Shell no longer works with Gazprom on the project to build a gas liquefaction plant in Ust-Luga, Cedric Kremers, the chairman of the concern in…
Azerbaijan Reduced Oil Production to 798,000 B / D in March
The daily oil production in Azerbaijan in March 2019 amounted to 798 thousand barrels against 806 thousand b / d in February of this year,…
Turkmenistan’s gas exports depend on one country – Gazprom decided to take advantage of this
In 2015, Turkmenistan held a pompous ceremony to begin construction of a new TAPI export gas pipeline. However, until now the government of Turkmenistan has…