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Category: İnteresting News

Gas Prices in Uzbekistan Increase by 7%

In Uzbekistan, since July 15, the tariffs on natural gas for the population will increase by 7%. In particular, the cost of 10 cubic meters…

TAP Announces New Management Team

Trans Adriatic Pipeline AG (TAP) announced the appointment of Luca Schieppati as Managing Director and Walter Peeraer as President, both starting on 27th June 2017….

TurkStream gas pipeline laying in deep water commenced

Russian Gazprom announced that it started laying the TurkStream gas pipeline in the deep-water area off the coast of Anapa. TurkStream is the project for a…

Bulgaria Wants to Receive 3 Bcm of Gas from Shah Deniz-2

The Bulgarian company Bulgartransgas starts negotiations with SOCAR on deliveries of Azerbaijani gas to Bulgaria for the gas hub Balkans, Bulgarian media reported with reference…

USA Delivered First Batch of LNG to Poland

The United States delivered the first consignment of liquefied natural gas (LNG) to Poland and expects that this will have a positive impact on ensuring…

Export Earnings of OPEC Fell by 13.2% in 2016

Revenues from oil exports by OPEC countries in the past year fell by 13.2% compared to 2015, amounting to $ 445.7 billion, the organization’s document…

Gazprom and OMV to Revive South Stream

The Austrian company OMV and Russian Gazprom are discussing the possibility of reviving the South Stream project, which envisaged the construction of a pipeline from…

BP Wants to purchase Russian Gas from 2019

The Deputy Prime Minister of Russia Arkady Dvorkovich stated that Rosneft had not applied to the government with a request to approve the export of…

The Saudis Lose Their Currency Reserves

The cost of Saudi Arabia’s net foreign assets fell to $ 493 billion in April for the first time since 2011, even after the kingdom…

Baku Knows about Forces that Prevent Construction of TAP

Azerbaijani President Ilham Aliyev states that there are forces preventing the construction of the TAP (Trans Adriatic Pipeline) pipeline. “One of the key issues facing…

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