Botas

Turkey hikes gas prices up 30%

Turkey hikes gas prices up 30%

Turkish state-owned energy importer BOTAS said on Wednesday it had raised natural gas prices for households, industry and electricity production, with the price for households raised by 30%. Separately, the energy market regulatory …

Turkey, Iran resolved gas issue?

Turkey, Iran resolved gas issue?

According to some reports, the National Iranian Gas Company has already resumed gas supplies to Turkey, suspended on January 19 due to technical problems

Turkey, Azerbaijan to laid this year pipeline to supply Nakhchivan

Turkey, Azerbaijan to laid this year pipeline to supply Nakhchivan

Following the liberation of Azerbaijan’s occupied Nagorno-Karabakh region, Baku is now looking to ensure the uninterrupted supply of natural gas to Nakhchivan with a project to be carried out in cooperation with Turkey that foresees the pipeline being laid this year

Currency crisis threatens Turkey

Currency crisis threatens Turkey

Turkey’s lira slid for the seventh-straight day on Wednesday, reaching a record low of more than 10.5 per dollar, raising concern among investors that Turkey may be facing a repeat of a 2018 currency crisis

Azerbaijan and Turkey to sign new gas contract?

Azerbaijan and Turkey to sign new gas contract?

BOTAS and the Consortium of Azerbaijani Shah Deniz gas condensate field are negotiating a new contract for the supply of gas within the first stage of the field development. According to the head of the public relations department of BP-Azerbaijan, Tamam Bayatli, due to the completion of the contract concluded in 2001, which provided for the transportation of gas in the amount of 6.6 billion cubic meters annually, supplies to Turkey within the framework of Shah Deniz-1 were terminated on April 16

Turkey to invest nearly $100 mln in gas facility in Black Sea

Turkey to invest nearly $100 mln in gas facility in Black Sea

Turkey will invest 780 million Turkish liras (around $111 million) to build a subsea gas production facility, and a 155-kilometer-long pipeline connecting to a new onshore gas processing facility in Filyos, in the Zonguldak province along Turkey’s western Black Sea coast, according to an environmental impact assessment application report for this three-phased integrated project

Oil flow through Ceyhan reaches billions of barrels

Oil flow through Ceyhan reaches billions of barrels

A total of 3.5 billion barrels of crude oil had been shipped to the global markets as of the end of 2020 from the marine terminal in the Ceyhan district of Adana province in southern Turkey, the last stop of the Baku-Tbilisi-Ceyhan (BTC) …

Turkey and Azerbaijan to build new gas pipeline

Turkey and Azerbaijan to build new gas pipeline

The Turkey-Nakhchivan natural gas pipeline will ensure the security of Nakhchivan’s energy supply via natural gas, which will flow through Turkey to the Azerbaijani exclave, Turkish Energy Minister Fatih Dönmez said Tuesday

TANAP Gets $1B In Funding

TANAP Gets $1B In Funding

The European Investment Bank has approved the loans for the gas pipeline from Azerbaijan to Turkish and European markets

BOTAS and Gazprom agree on Turkish Stream financing

BOTAS and Gazprom agree on Turkish Stream financing

Turkey's state-owned crude oil and natural gas pipelines and trading company BOTAS and Russia's energy giant Gazprom have reached an agreement on financing the Turkish Stream gas pipeline project on the Turkish territory, BOTAS General …

World Bank to allocate $800 million for TANAP

World Bank to allocate $800 million for TANAP

The World Bank’s board of directors approved loans of $400 million each for Turkey and Azerbaijan, for the Trans-Anatolian Natural Gas Pipeline (TANAP) project. The loans will be supplied through the World Bank's …

SOCAR reports on undisrupted construction of TANAP

SOCAR reports on undisrupted construction of TANAP

The head of of the Investment Department of SOCAR, Vagif Aliyev, said today that despite the low level of the world oil prices, the Trans-Anatolian Gas Pipeline (TANAP) is still being built within the approved schedule. …

Turkey reaches agreement on gas supplies from Qatar

Turkey reaches agreement on gas supplies from Qatar

During the visit of Turkish President Recep Tayyip Erdogan to Qatar, the Turkish company BOTAS and the National Oil Company of Qatar signed a preliminary memorandum of understanding on supplies of gas from the emirate to the …