SOCAR Trading won the tender for the purchase of Turkmen oil Eni
14:56 24.12.2020 5958
Turkmenistan became SOCAR Trading (a trading subsidiary of SOCAR, SOCAR). Argus Media, an independent pricing agency, reported.
SOCAR Trading managed to bypass the largest players in the oil market - ENOC, Vitol, Rosneft, LUKOIL and Trafigura in the tender.
As a result, the Azerbaijani company returned to its portfolio part of the hydrocarbons purchased since 2017 by Vitol in Turkmenistan. Thanks to these changes, experts expect that supplies of Turkmen oil through the Baku-Tbilisi-Jeyhan oil pipeline will increase by reducing transit through Makhachkala and Novorossiysk.
Reportedly, during 2021, Eni Turkmenistan will ship about 30-40 thousand tons per month of Okarem oil. Meanwhile, the export of this raw material from Turkmenistan increased to 341 thousand tons from 310 thousand tons a year earlier. The entire volume is transported by tankers in the direction of Makhachkala for further pumping to Novorossiysk.
Business meeting of the US-Turkmenistan Business Council will be held in Ashgabat
The US-Turkmenistan Business Council (USTBC) will hold its annual business mission in Ashgabat from December 5 to 7, Turkmen news agency Orient reports citing USTBC.
Participants of the Turkmen-American business forum discussed the possibilities of enhancing mutually beneficial partnership
Opportunities for increasing mutually beneficial cooperation were discussed at the 10th Turkmen-American Business Forum held in Ashgabat on Tuesday, which was attended by leaders and representatives of relevant government and business structures of the two countries.
Lebapgazchykarysh: over 12.4 billion cubic meters of natural gas produced in 2021
In the past 2021, the specialists of the «Lebapgazchykarysh» Department of the State Concern «Turkmengas» achieved high production performance. The production of natural gas by the enterprise amounted to more than 12.4 billion cubic meters, while the plan was fulfilled by 134%.
The government delegation of the Taliban discussed the construction of the TAPI gas pipeline at the MFA of Turkmenistan
The implementation of the projects of the Turkmenistan-Afghanistan-Pakistan-India (TAPI) gas pipeline and the Turkmenistan-Afghanistan-Pakistan (TAP) power transmission line was discussed in Ashgabat by a visiting Afghan delegation headed by Acting Minister of Foreign Affairs of Afghanistan Amir Khan Mottaki, the website of the Foreign Ministry reports. Turkmenistan.
Serdar Berdimuhamedov received the executive director of the Turkmenistan-USA Business Council
President Serdar Berdimuhamedov received on Tuesday the executive director of the Turkmenistan-US Business Council, Eric Stewart, who arrived in Ashgabat to participate in the 10th anniversary joint business forum, TDH reports.