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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.
Neşe İdil – ISTANBUL
Turkey possesses a major opportunity to diversify its gas portfolio, the chief of the International Energy Agency (IEA) has said while commenting on the steps that Turkey could take regarding energy.
Turkey started its seismic energy exploration in eastern Mediterranean on April 21 in line with the government’s “National Energy and Mining Policy,” state-run Anadolu Agency has reported.
ISTANBUL- Anadolu Agency
Turkey and the U.S. will continue to build on their successful energy cooperation as the U.S. views Turkey as an important energy hub, U.S. Secretary of Energy Rick Perry said on April 27.
Iran’s President Hassan Rouhani inaugurated five new phases of the South Pars gas field on april 16, the result of some $20 billion in investment, local media reported
BRUSSELS - Agence France-Presse
European Union nations have agreed to help each other meet gas shortages in a severe crisis, officials said April 27 as they seek to depend less on Russia.
PARIS - Agence France-Presse
Supply and demand in the oil market are close to matching up, the IEA said on April 13, as landmark OPEC-led production cuts are mitigated by rising U.S. supply and slipping worldwide demand growth
LONDON - Reuters
Turkey is likely to require 25 percent less gas in 2030 than forecast by state-owned pipeline operator BOTAŞ as the government promotes renewable power and domestic coal use, a study showed on April 24.
Turkey has launched a process to hold a tender for a 1,000-megawatt (MW) capacity wind power plant at the end of July.
Genel Energy, the Iraqi Kurdistan-focused oil producer co-founded by former BP boss Tony Hayward, on April 24 named Stephen Whyte to succeed the retiring Hayward in June.
PARIS - Reuters
France’s oldest nuclear power reactor will stop electricity production by April 2020, once a new generation EPR reactor under construction in Flamanville is operational, according to a decree issued in the country’s official gazette on April 9.
Western partners of gas giant Gazprom agreed on April 24 to provide half the financing for the 9.5-billion euro ($10.32 billion) Nord Stream 2 pipeline, removing a big hurdle for a Russian plan to pump more gas to Europe.
Supply security, the prioritization of national resources and a predictable market will be the centerpieces of Turkey’s new national energy strategy, Energy Minister Berat Albayrak said at a press meeting on April 6.