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Turkish Minister for Energy and Natural Resources Taner Yildiz said that Turkey was satisfied with its 30% share in the Trans-Anatolia Pipeline (TANAP). He emphasized that Ankara did not want to change its share in the project until …
The Trans-Anatolia Pipeline (TANAP) to transport Azerbaijani gas to Europe through Turkey will be launched in mid-2018, said Khoshbakht Yusifzadeh, vice president of the State Oil Company of the Azerbaijan Republic (SOCAR) for geology, …
The lawsuit of Turkey against Iran over gas prices will continue at the International Court of Arbitration throughout the year, said Turkish Minister for Energy and Natural Resources Taner Yildiz, Trend reports.Turkey pays Iran $490 per thousand cubic meters, according to Turkish mass media. Turkey pays $355 for the same volume of Azerbaijani gas delivered through the Baku-Tbilisi-Erzurum Pipeline.The lawsuit was filed in March 2012, based on the deal Turkey and Iran signed in 1996.
Turkey’s Botas increased gas imports by 8%, from 3.72 billion cubic meters in January 2013 to 4.02 billion in January 2014, Trend reports.Botas imported a total of 38.42 billion cubic meters in 2013, 43.09 cubic meters in 2012.Turkey also …
Oil tankers carrying 1.82 billion barrels of oil have been dispatched from the Ceyhan Port since June 2, 2006, compared with about 1.8 barrels by November 1.Botas International Limited (BIL) has been using the Baku-Tbilisi-Ceyhan Pipeline …
Minister for Natural Resources of the Iraqi Kurdistan Ashti Khavrami said that Turkey will start receiving about 20 billion cubic meters of gas a year in late 2016, Trend reports.He clarified that a joint company will be organized with …
According to US ex-Ambassador to Azerbaijan Matthew Bryza’s statement last week, Turcas Holding, a subsidiary of the State Oil Company of the Azerbaijan Republic (SOCAR), offered to build a gas pipeline along the Mediterranean Sea to link the Israeli gas fields and the Turkish port. Both Israel and Turkey received the offer.
2300 tankers loaded 1.77 billion barrels of oil from June 2, 2006, to September 24, 2013, at the Ceyhan terminal, Botas International Limited (BIL, Turkey) said, Trend reports.BIL has been exploiting the Baku-Tbilisi-Ceyhan Pipeline in Turkey since 2001.
Botas (Turkey) plans to purchase a share of 15% in the Trans-Adriatic Pipeline (TAP) project, Trend cites Turkish Minister for Energy and Natural Resources Taner Yildiz.He noted that Nabucco had not lost its significance, especially in the light of the EU’s need for gas. He said that Nabucco and the TAP were not competitors and could be parallel projects.
The Supreme Court of the Russian North Caucasian republic of Karachay-Cherkessia has canceled the arrest of the former mayor of Karachayevsk, Alibek Botashev, the court's press service reports.
The Karachay district court has postponed a hearing into the case of a tourist's death on the attraction "Zorb" in Dombai until July 8 because of the absence of the representative of the victim, the spokesman of the Supreme Court of KCR Alibek Botas said.
Col. Mazimir Botashev has become the Interior Minister of Karachay-Cherkessia, RIA Novosti reports.
In January-March 2013, the Turkish state pipeline company Botas imported 9.71 billion cubic meters of gas from a variety of sources compared to 12.74 billion cubic meters in January-March 2012.
The European Bank for Reconstruction and Development (EBRD) said today that it will conclude studies of the Nabucco West project and decide on the loan volume for the pipeline after the Shah Deniz Consortium chooses a route of the Southern Gas Corridor, Trend reports.Shareholders of the project will invest 30% of the total sum. According to EBRD evaluations, the project is worth about €4.3 billion. €1 billion of the sum will be paid by the EBRD, EIB and the IFC.
The EU should control the implementation of the Nabucco West pipeline project, Turkish Prime Minister Recep Tayyip Erdogan said at a meeting with his Hungarian counterpart Viktor Orban
The Nabucco Consortium will consist of 9-10 companies that will hold interests in the Nabucco Gas Pipeline International GmbH (NIC).
Transiters of the Nabucco West Gas Pipeline have published a declaration confirming support of the project. The document was presented at the political committee of Nabucco Gas Pipeline International GmbH in Sofia.
Nabucco Gas Pipeline International Gmbh (NIC), SOCAR, BP, Statoil and Total will sign a deal on financing development the Nabucco West Pipeline for gas transportation to Europe. An agreement to sign the document has been reached in Sophia today.
Botas (Turkey) is negotiating an increase of gas supplies with Gazprom (Russia) via the western route. Botas wants to buy additional 1 billion cubic meters of gas, Trend reports.Botas refused to extend the 25-year contract on gas purchases, saying that Gazprom prices were too high. But a long-term deal was signed between Gazprom and Turkish private companies in late November.Russia supplied Turkey with the majority of the 39.7 billion cubic meters imported in 2011. Iran and Azerbaijan are the second largest gas suppliers of Turkey.
Turkey needs to have a constant reserve of 4 billion cubic meters of gas. It has consumed 40 billion cubic meters this year.A Botas spokesman Gazi Dulger said that Turkey will build gas reservoirs for the said volume by 2019. The gas-holdervat Lake Tuz will store a billion cubic meters of gas from 12 boreholes.The project worth $640 million is realized by China Tianchen Engineering Corporation.Turkey has only one gas-holder in Silivri, belonging to TPAO. It may hold 2.6 billion cubic meters.
