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Southern Gas Corridor – most viable route for Israeli gas export

Trend:The Southern Gas Corridor is the most viable option for Israeli gas export, Cyril Widdershoven, a Middle East geopolitical specialist and energy analyst, a...

Norwegian company starts Absheron field operations in early 2018

Norwegian specialist service provider to the offshore drilling industry IKM Cleandrill will to begin its first offshore operations in the Caspian Sea in early 2018, after...

Azeri Light crude sells for $53.85

On NYMEX (New York Mercantile Exchange) cost of the US Light crude oil increased $0.22 to stand at $46.79. Price of the Brent crude...

Azerbaijan resumes production at its biggest gas field

BP has resumed production of natural gas at the biggest gas condensate field Shah Deniz in the Azerbaijani sector of the Caspian Sea that...

MSDF helicopter crashes in Sea of Japan; 3 aboard missing

AZERTAC A helicopter of Japan`s Maritime Self-Defense Force has dropped out of contact and crashed in the sea off Aomori Prefecture, northeastern Japan, leaving three...

EBRD concludes final review on financing of TANAP

The European Bank for Reconstruction and Development (EBRD) has concluded the final review of the project for allocating $500 million loan for construction of...

Turkey increases gas purchase from Azerbaijan

Azerbaijan's share in Turkey's natural gas imports reached 15.93 percent, Turkish Energy Market Regulatory Authority (EPDK) reported. Turkey imported 575.05 million cubic meters of natural...

Intermediaries’ share in Iranian foreign trade decreases (Exclusive)

Trend: Latest statistics from Iran’s Customs Administration, which covers a period from March 20 to July 21, points to a fall in Iranian exports to...

Vessel breaks in two off Turkey’s northwest coast (PHOTO)

A dry cargo vessel broke in two in the Black Sea off Turkey’s northwest coast, television images showed early on Sunday, while the 11-man...

Raw materials still top Iran’s export, contradicting gov’t policy (Exclusive)

Trend:Raw materials still share the dominant part of Iran’s non-oil export basket, the latest report of Iran Custom Administration, which covers a period from...

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