Turkey | Egypt Oil & Gas - Part 3

Russian, Turkish, Iranian Firms Sign MoU

Russia’s Zarubezhneft, Turkey’s Unit International, and Iran’s Ghadir Investment Company signed a memorandum of understanding (MoU) on oil and gas development.

Iran Exports Free Gas to Turkey

Iran is currently not receiving any money from Turkey for the export of gas.

Israel to Build New Gas Pipelines with Turkey, Italy

Israel's royalties from the production of natural gas came to $798b in 2016. The country is also advancing the construction of a gas pipeline to Turkey and at the same time constructing a pipeline to Italy, Greece an ...

Iran to Pay Turkey $1.9b in Gas Supply Compensation

Iran will offer discount on future gas supplies to Turkey to clear a $1.9b compensation for overpricing its gas exports to the Eurasian country between 2011 and 2015.

Gazprom to Sue Turkey Over Gas Price

Russian Gazprom is preparing to file lawsuits with an arbitration court against private Turkish gas importers after failing to agree with them on the gas price for 2017.

Engie to Establish Gas, Power Hub in Istanbul

The Global Energy Management (GEM) division of France’s Engie plans to establish a gas and power trading platform in Istanbul, Turkey.

Sonatrach, Botas to Partner on Hydrocarbon Exploration

Sonatrach and Botas have signed an agreement to support the exploration of partnership opportunities in fields of common interest in the hydrocarbon chain in Algeria and Turkey

Turkey Gets Its First FSRU

The floating, storage, and re-gasification unit (FSRU) Neptune, previously known as GDF Suez Neptune, has arrived near Aliaga on the Agean Sea where it will be used as Turkey’s third LNG import terminal.

Turkish Parliament Approved Gas Pipeline

The Turkish parliament approved an agreement regarding the TurkStream undersea gas pipeline, which is intended to pump Russian gas via Turkey into southeastern Europe.

Turkey to Ship Cypriot, Israeli Gas in 3 Years

A minimum of three years is needed to ship gas to global markets via Turkey from the Aphrodite Gas field in Greek Cyprus and the Leviathan field in Israel.

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