BOTAŞ responded to a false report in the Turkish media about negotiations with Gazprom on the restructuring of the $27.5 billion gas debt. The state-owned company emphasized that there was no debt, and the information was a malicious fabrication.
Today, the foundation of the gas pipeline Igdir-Nakhchivan was laid. The event was attended by the leaders of Azerbaijan and Türkiye.
The Turkish Petroleum Pipeline Company (BOTAS) and its Bulgarian counterpart Bulgargaz began the first gas shipment from Türkiye to Bulgaria yesterday under a 13-year agreement. Bulgarian Energy Minister Rossen Hristov hailed the …
Türkiye and Iran have reached a new agreement to increase gas exchange between the two neighboring countries
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 …
According to some reports, the National Iranian Gas Company has already resumed gas supplies to Turkey, suspended on January 19 due to technical problems
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
Gazprom Export, a subsidiary of Russia’s state-owned Gazprom, will increase its gas deliveries to Turkey under a new energy agreement reached with Turkey’s state-owned BOTAŞ Petroleum Pipeline Corporation
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
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 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
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) …
Azerbaijan and Turkey have signed a memorandum of understanding on Ighdir-Nakhchivan gas pipeline. The document was inked signed on Dec.15 between the energy ministries of the two countries. The project will be implemented by …
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
Ankara and Moscow create 900 million euro investment fund
100 days after new authorities came to power in Armenia, economy of the republic is stil in a difficult situation
The European Investment Bank has approved the loans for the gas pipeline from Azerbaijan to Turkish and European markets
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 …
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 …
A discount for the Russian natural gas for Turkey can be linked to the delivery of additional two billion cubic meters through the Trans-Balkan pipeline, the Russian Kommersant newspaper reports. Turkey's Botas energy company …
