Turkey | Egypt Oil & Gas - Part 4
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.
KRG’s Oil Exports to Turkey Declined
Iraq's current exports from the Kirkuk oil field through a pipeline to Turkey have dropped to 100,000b/d, compared with 133,000b/d in October.
Iran to Reimburse Turkey on Gas Deal
Iran ruled out a payment to Turkey of 25% economic compensation for the cut in the export of natural gas to the Eurasian country, which triggered a legal dispute.
Turkey’s Nuclear Power to Start in 2023
Turkey expects the first unit of its planned $20b Akkuyu nuclear power plant, being built in collaboration with Russia, to be online by the end of 2023.
