The Azerbaijani state oil company SOCAR is supplying liquefied natural gas to new buyers. “SOCAR will possibly start “pure trading” in the next five years”, Arzu Azimov, chief executive officer of Geneva-based Socar Trading, said. “Until then it will focus on projects that involve using LNG to generate power in nations from Africa to Southeast…
The Turkish Tekfen Insaat ve Tesisat A.S will conduct the electromechanical work as part of the construction of Star refinery in Turkey, Turkey’s Public Disclosure Platform said in a message. According to the message, the work is planned to be conducted within 17 months. The annual naphtha production volume, used by Petkim (where the Azerbaijani…
Russia’s Gazprom is planning to procure about 15 billion cubic meters of gas from Asia in 2016, Deputy head of Gazprom Export Mikhail Malgin said. Gazprom Export decreased purchase of natural gas from Turkmenistan from January 1, and increased purchase of gas from Uzbekistan. The Uzbek and Russian sides reached agreement on purchase of the…
The work within the Trans-Anatolian Natural Gas Pipeline (TANAP) project is underway in accordance with the plan, President of the Azerbaijani state oil company SOCAR Rovnag Abdullayev said. He said that there were no problems with the implementation of the project. “Partly, we are even ahead of schedule and 850 kilometers of pipes have been…
Azerbaijani state oil company SOCAR can provide Iran with its gas storage tanks, President of SOCAR Rovnag Abdullayev said. He said that the matter rested in small amounts of 1-2 billion cubic meters of gas. “Iran has problems with the gas supply to its northern regions in the winter months”, Abdullayev said. “The Iranian side…
Energy sector, oil, gas and chemical sphere, as well as transport have been defined among the topical areas of cooperation between Japan and Turkmenistan, said the message of the country’s government. This was noted at the meeting of Turkmen President Gurbanguly Berdimuhamedov with the newly appointed Ambassador of Japan Takahiko Katsumata, who handed over his…
Natural gas production in Ukraine in January through August grew by 1.6%, or 211.4 million cubic metersYoY, to 13.379 billion cubic meters. Gas production in August alone was 1.684 bcm, up by 0.1% YoY (1.682 bcm), PJSC Ukrtransgaz reported. In particular, PJSC Ukrgazvydobuvannia produced 1.212 bcm of gas, PJSC Ukrnafta’s output was 107.8 mcm, and…