Gazprom confirms first gas via TurkStream by December

16/05/2019 09:15 Natural Gas

news

Russia's Gazprom expects to send its first gas through the TurkStream natural gas pipeline to Turkey by the end of December, Gazprom's deputy chairman Vitaly Markelov said late Tuesday.

He confirmed that the sub-sea section to transport 31.5 billion cubic meters per year from Russia to Turkey and Russia's land section have been constructed while Turkey's onshore section is nearly 73% complete.

 

The TurkStream project consists of two lines across the Black Sea, the first of which will serve Turkey with a capacity of 15.75 billion cubic meters, while the second line is planned to serve Europe. Each pipeline is 930 kilometers in length, and lays at depths of up to 2,200 meters.

 

The project is the biggest-diameter offshore gas pipeline in the world laid at such depths. The deep-sea pipelaying was carried out by Pioneering Spirit, the world's biggest construction vessel.

Source: aa.com.tr

Daily (13.06.2019): WTI futures lost 4% on Wednesday, due to rising crude inventories and weaker demand outlook

13/06/2019 10:53:00

Crude oil prices tumbled on Wednesday, amid higher U.S. crude inventories and poorer demand outlook. US-China trade negotiation also weighed on prices. As a result, Brent crude plunged by 3.7% to $59.97 a barrel, while WTI futures lost 4% to settle at $51.14 a barrel.

<READ MORE

Norway powers up its largest onshore wind farm

13/06/2019 09:08:00

A 255.6MW onshore wind farm claimed to be the largest in Norway is now up and running.

READ MORE

Azerbaijan’s natgas exports up by 28%

13/06/2019 09:04:00

Azerbaijan’s natural gas exports showed a 28 percent increase year-on-year rising from 8.030 billion standard cubic meters in 2017 to 10.276 billion standard cubic meters in 2018, Trend reports citing OPEC Annual Statistical Bulletin.

READ MORE