SOCAR Trading won the tender for the purchase of Turkmen oil Eni
09:56 24.12.2020 8926
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.
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Az-Tex-Import LLC plans to export Iveco trucks of Azerbaijani manufacture to Russia, Georgia, Iran and Turkmenistan. This was stated by Samir Ibadullayev, a resident of the Sumgait Chemical Industrial Park and the founder of the enterprise, MIC informs with reference to Report.
Oil production increased at Goturdepe field using gas lift method
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The Foreign Ministers of Turkmenistan, Tajikistan and Uzbekistan discussed the agenda of the upcoming summit of the heads of state of the three countries
The preparation and holding of the Summit of the Presidents of Turkmenistan, Tajikistan and Uzbekistan in Ashgabat in August this year were discussed on Wednesday at a meeting of the Ministers of Foreign Affairs of the participating countries: Rashid Meredov, Sirojiddin Mukhriddin and Bakhtiyor Saidov. This was reported by the Ministry of Foreign Affairs of Turkmenistan.
Turkey to start using its own natural gas in 2023
From March 2023, Turkey plans to start using its own natural gas. This was stated by the Minister of Energy and Natural Resources of Turkey Fatih Donmez, Trend reports.
The Consul General of Turkmenistan visited the facilities of the TATNEFT company in Tatarstan
The Consul General of Turkmenistan in the Russian Federation (Kazan) Atadurdy Bayramov paid a working visit to the facilities of TATNEFT, the website of TATNEFT reports.