Turkey Broke the Daily Record for Oil and Gas Production in August
Turkey is increasing its hydrocarbon production in order to get away from import dependence on oil and gas. Turkey has reached new highs in daily oil and gas production: on August 17, oil production reached 107.6 barrels per day, and gas production on August 15 — 7.61 million cubic meters. …
Shah Deniz Major Sales Agreements with European Gas Purchasers Concluded
The Shah Deniz consortium announced today that 25-year sales agreements have been concluded for just over 10 billion cubic metres a year (BCMA) of gas to be produced from the Shah Deniz field in Azerbaijan as a result of the development of Stage 2 of the Shah Deniz project. Nine …