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Tuesday, September 13 2011 , Your time is 15:58:00
Russia’s largest natural gas producer, Gazprom, estimates the cost of building two lines of the Turkish Stream gas pipeline to be $6 billion, Gazprom Deputy Chief Executive Andrei Kruglov was quoted as saying by Reuters on June 22.
ANKARA - Anadolu Agency
The Pioneering Spirit vessel, which will carry out the construction of the Turkish Stream natural gas pipeline’s offshore section, arrived at the Çanakkale Strait early on May 30, according to the vessel’s Swiss owner, Allseas.
Turkey and Israel have been in talks about the commercial details of building a pipeline to carry Israeli gas to Europe via Turkey, a top Israeli official has said, adding that he is optimistic about the process in which a final agreement may be reached soon.
VIENNA - Reuters
OPEC decided on May 25 to extend cuts in oil output by nine months to March 2018, OPEC delegates said, as the producer group battles a global glut of crude after seeing prices halve and revenues drop sharply in the past three years.
BP’s profit nearly tripled in the first quarter of 2017 from a year earlier, buoyed by rising oil prices and production that hit a five-year high, while debt piled up in order to pay for acquisitions and costs for the 2010 Gulf of Mexico spill.
Russia is in talks with European countries to determine the entry point of the second line of the Turkish Stream gas pipeline flow, Russian Prime Minister Dmitry Medvedev has said, TASS news agency has reported.
TBILISI - Reuters
BP plans to complete by mid-2018 the Georgian section of a $40-billion strategic pipeline bringing Caspian gas from Azerbaijan into Europe, the British energy company’s country manager for Georgia said.
BERLIN - Agence France-Presse
Massive German energy firm EON on May 9 reported a tough first quarter but confirmed forecasts for the full year, hoping to rebuild in 2017 after grave losses last year.
ISTANBUL - Anadolu Agency
Turkey is a key country for establishing energy security in the region, Energy Minister Berat Albayrak said April 28.
MOSCOW - Agence France-Presse
Russian gas firm Gazprom said on May 7 that construction had begun for a gas pipeline under the Black Sea to Turkey, which is meant to eventually also serve the European Union.
ANKARA/ISTANBUL - Anadolu Agency
One of the best three options to carry Israel’s natural gas to Europe is the route from Turkey to Europe, which is possible within two to three years, the director general of the Israeli Energy Ministry said April 27.
Gazprom will be ready to start laying pipes on the Turkish Stream offshore section in several days, the company’s CEO Alexei Miller told Russian President Vladimir Putin on May 4, as Russia’s TASS reported.
Sinopec Oilfield Service Corp said on May 26 that its Turkish unit signed an engineering contract with GCL ND on geothermal power projects for $84.6 million