Turkey’s energy minister has emphasized the need to launch the second phase of the “Southern Gas Corridor” pipeline to double Azerbaijan’s gas exports to Europe. The pipeline, which became operational about seven years ago, currently transports 16 billion cubic meters (bcm) of Azerbaijani gas annually to Turkey and Europe. However, with only a few billion […]
Renewed focus on Caspian energy transit amid the Iran war Read More »
As Azerbaijan and other Caspian Sea states deepen partnerships with Western energy companies to extract more oil and gas from aging offshore fields, Iran stands apart as the only Caspian littoral country that produces no hydrocarbons from the sea at all. Across the region, governments are racing to modernize reservoir management as competition for long-term
As Caspian states pursue energy growth, Iran watches Read More »
ByDalga Khatinoglu After Turkey signed several long-term contracts for U.S. liquid natural gas (LNG) imports, Reuters reported that Russia and Iran’s share of Turkey’s gas market is increasingly at risk – especially as Ankara’s gas purchase contracts from the Blue Stream pipeline in Russia are set to expire within months, while its 20-year gas import deal with Iran will
Are Russia and Iran Losing Turkey’s Gas Market? Read More »
