Trade

December 15, 2016

Turkey’s first floating LNG storage is to be operational in 6 months

Turkey’s first floating natural gas storage and regasification unit (FSRU), GDF Suez Neptune, has arrived İzmir. The FSRU will supply 5.3 billion cubic meters of natural […]
December 15, 2016

European Bank for Reconstruction and Development (EBRD) provides US$ 134.75 million loan to Turkey

In a move to enhance reforms in the Turkish electricity sector, the European Bank for Reconstruction and Development (EBRD) is financing electricity companies operating in the […]
December 15, 2016

SOCAR’s investment in Turkey tops $18 billion

Rovnaq Abdullayev, SOCAR’s president, stated that when the company’s $18 billion investments in Turkey are completed, they will contribute much to help Turkey reduce energy imports […]
December 20, 2016

Saudi Arabia to go green in 2017

Saudi Aramco plans to commission its wind turbine pilot project, the first in the kingdom, in January 2017, the state oil company said, part of nationwide […]