Botas

Azerbaijan and Turkey to sign new gas contract?

BOTAS and the Consortium of Azerbaijani Shah Deniz gas condensate field are negotiating a new contract for the supply of gas within the first stage of the field development. According to the head of the public relations department of BP-Azerbaijan, Tamam Bayatli, due to the completion of the contract concluded in 2001, which provided for the transportation of gas in the amount of 6.6 billion cubic meters annually, supplies to Turkey within the framework of Shah Deniz-1 were terminated on April 16

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Turkey to invest nearly $100 mln in gas facility in Black Sea

Turkey will invest 780 million Turkish liras (around $111 million) to build a subsea gas production facility, and a 155-kilometer-long pipeline connecting to a new onshore gas processing facility in Filyos, in the Zonguldak province along Turkey’s western Black Sea coast, according to an environmental impact assessment application report for this three-phased integrated project

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Oil flow through Ceyhan reaches billions of barrels

A total of 3.5 billion barrels of crude oil had been shipped to the global markets as of the end of 2020 from the marine terminal in the Ceyhan district of Adana province in southern Turkey, the last stop of the Baku-Tbilisi-Ceyhan (BTC) …

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Turkey and Azerbaijan to build new gas pipeline

The Turkey-Nakhchivan natural gas pipeline will ensure the security of Nakhchivan’s energy supply via natural gas, which will flow through Turkey to the Azerbaijani exclave, Turkish Energy Minister Fatih Dönmez said Tuesday

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TANAP Gets $1B In Funding

The European Investment Bank has approved the loans for the gas pipeline from Azerbaijan to Turkish and European markets

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BOTAS and Gazprom agree on Turkish Stream financing

Turkey's state-owned crude oil and natural gas pipelines and trading company BOTAS and Russia's energy giant Gazprom have reached an agreement on financing the Turkish Stream gas pipeline project on the Turkish territory, BOTAS General …

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World Bank to allocate $800 million for TANAP

The World Bank’s board of directors approved loans of $400 million each for Turkey and Azerbaijan, for the Trans-Anatolian Natural Gas Pipeline (TANAP) project. The loans will be supplied through the World Bank's …

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SOCAR reports on undisrupted construction of TANAP

The head of of the Investment Department of SOCAR, Vagif Aliyev, said today that despite the low level of the world oil prices, the Trans-Anatolian Gas Pipeline (TANAP) is still being built within the approved schedule. …

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Turkey reaches agreement on gas supplies from Qatar

During the visit of Turkish President Recep Tayyip Erdogan to Qatar, the Turkish company BOTAS and the National Oil Company of Qatar signed a preliminary memorandum of understanding on supplies of gas from the emirate to the …

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Turkey hasn't received discount on Iranian gas

Iran has not confirmed the information that it has provided the Turkish state pipeline company with a discount on gas. “No offer has been made so far for reducing the gas price within the framework of the existing contract …

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Do Turkey's politics interfere in Russian economy?

The head of the Russian-Turkish Business Council, Ingush senator Ahmet Palankoyev and Turkish political scientist Tekin Okay said in an interview with the correspondent of Vestnik Kavkaza that the economic relations between Moscow and Ankara will

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