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Category: İnteresting News

Georgia released gas import forecasts for 2019

Georgia, which satisfies its demand for natural gas mainly due to imports, predicts an increase in its consumption in 2019 by 5.8% compared to the…

SOCAR Refuses to Acquire Assets of German Company in Turkey

The State Oil Company of Azerbaijan (SOCAR) refused to invest in the Turkish assets of the German energy company EWE. “We decided not to invest…

Uzbekistan increased gas production by 6%

By the end of 2018, Uzbekistan produced almost 60 billion cubic meters of natural gas. This is reported by the State Statistics Committee of the…

Deja vu: Bulgaria pipeline to face EU scrutiny

Bulgaria is to face renewed EU scrutiny over a Russia gas pipeline, four years after its previous project failed. The European Commission would “not support…

Citi: Three Scenarios of Oil Prices in 2019

Theglobal de-synchronization of economic growth today puts pressure on the oilmarket, according to the report prepared under the leadership of Citi’sCommodity Market Department in the…

TAP and Petrofac Sign Maintenance Contract

The Eastern division of the British company Petrofac has concluded a contract with the consortium for the construction of the Trans-Adriatic Pipeline (TAP) for the…

Price of Brent Crude Fell to $ 65 per Barrel

Quotes on oil prices of WTI and Brent brands at the close of trading on the ICE Intercontinental Exchange on Tuesday, November 13, fell by…

Italy’s new gov’t OKs construction of TAP

Italian Prime Minister Giuseppe Conte gave Italy’s final approval to the Trans Adriatic Pipeline (TAP), Reuters reported. “It’s no longer possible to intervene in this…

Oil falls on oversupply worries despite Iran sanctions

Oil prices headed for a third weekly loss on Friday after Saudi Arabia warned of oversupply, while a slump in stock markets and concerns about trade clouded…

$40bn Ichthys LNG Project begins gas exports

France’s oil and gas major Total said on Tuesday that the first cargo of liquefied natural gas (LNG) from the Ichthys LNG project offshore Western Australia had…

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