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Russia, Turkey Negotiate Contracts Worth $820Mln

Russia, Turkey Negotiate Contracts Worth $820Mln

Russian Deputy Industry and Trade Minister Georgy Kalamanov said Russian and Turkish businesses have made preliminary agreements on contracts that together are worth approximately $820 million within the framework of the 86th Izmir International Fair, Sputnik reported. Russian and Turkish businesses have made preliminary agreements on contracts that together are …

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SOCAR Planning to Increase Gas Production in Coming Years

SOCAR planning to increase gas production in coming years

Azerbaijan’s state oil company SOCAR is looking to increase production of natural gas in coming years, the company’s head Rovnag Abdullayev said in his interview with Reuters. In coming years, said Abdullayev, the country expected to put on stream several gas fields that would provide much-needed output growth. “We aim …

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Istanbul Municipality Launches First Floating Solar Plant in Turkey

Istanbul Municipality Launches First Floating Solar Plant in Turkey

The first floating solar (FPV) power plant in Turkey was officially operational on August 4, 2017 as part of a testing phase that could lead to a significant number of systems installed by the Istanbul Metropolitan Municipality (IBB) on reservoirs, lakes and dams. Istanbul Water and Sewerage Administration (ISKI) with …

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V.F. Tanker Ltd. Continues to Transport Turkmen Crude oil to Iran

V.F. Tanker Ltd. Continues to Transport Turkmen Crude oil to Iran

The Russian-flag vessels “VF Tanker-20”, “VF Tanker-13” and “VF Tanker-8” belonging to “V.F. Tanker Ltd” continue to transport Turkmen crude oil to Iran for the companies “Dragon Oil” and “ENOC”. Earlier this month four cargoes of Turkmen crude oil produced by Dragon Oil were delivered to the Iranian port of …

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What TAP is Doing to Minimize Environmental Impact?

What TAP is Doing to Minimize Environmental Impact?

As a general principle, the consortium for construction of the Trans Adriatic Pipeline (TAP) aims to avoid adverse environmental impacts and adopt sustainable practices as much as possible to ensure that any impact on the environment is as minimal as possible, TAP Head of Communications Lisa Givert told Trend. As …

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Deliveries of Turkmen Crude Oil to Iran Put On Hold

Dragon Oil” and “ENOC” have put on hold deliveries of Turkmen crude oil to Iran. Earlier this month Russian-flag vessels VF Tanker-20 and VF Tanker-13 delivered to Iranian port Neka three cargoes of Cheleken crude oil (around 6000 MT each). As it turned out, these liftings were arranged without official …

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Turkey Defiant as German Relations Slump to a Postwar Low

Turkey Defiant as German Relations Slump to a Postwar Low

Turkey’s Foreign Minister Mevlut Cavusoglu said his country wouldn’t give in to threats, as relations with its NATO ally Germany slumped to their lowest since World War II. Cavusoglu was responding to an announcement by German Foreign Minister Sigmar Gabriel earlier Thursday of a “re-orientation” of German policy toward Turkey, in …

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Details of Turkey-Azerbaijan logistics Project

Details of Turkey-Azerbaijan logistics Project

The logistics center that is being built in Kars as part of the Baku-Tbilisi-Kars (BTK) railway project will be commissioned in October 2018, Turkey’s Ministry of Transport, Maritime and Communications told Trend Aug. 7. The project’s cost is estimated at about 94.3 million Turkish liras. According to the ministry, a …

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