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Friday, 27 July 2007
Italy, Greece, Turkey sign gas transit deal; pipelines to start by 2012
(Thomson Financial) - Ministers for Italy, Greece and Turkey have signed an agreement to develop a system of pipelines to import gas from the Caspian basin and the Middle East to Italy passing through Greece and Turkey, Edison SpA said.
Ankara attributes high importance to the project as it will strengthen the idea of Turkey being the fourth energy artery of the European Union. Read more...
Ankara attributes high importance to the project as it will strengthen the idea of Turkey being the fourth energy artery of the European Union. Read more...
Labels: energy
Wednesday, 25 July 2007
Greece, Turkey, Italy to sign gas pipeline deal
Italy, Turkey and Greece will sign an agreement this week on constructing a pipeline to bring natural gas from central Asia to European markets by 2011, the Greek development minister said Wednesday. Read more...
Labels: energy
Monday, 16 July 2007
Turkey returns to energy chess game?
A news analysis points out that Turkey made an important move in the energy chess game when it signed a Memorandum of Understanding (MoU) with Iran over the weekend that will make both Russia and the US rethink their positions on gas policies in particular and on energy policy in general. Read more...
See also our dossier on Turkish energy policy.
See also our dossier on Turkish energy policy.
Labels: energy
Saturday, 14 July 2007
Iran and Turkey signed deal on gas exports to Europe
Iran and Turkey have signed a preliminary agreement to pump Iranian gas to Europe via Turkey, the Iranian oil minister said on Saturday, a move that will open a new export market for Iran's massive reserves. Read more...
See also our dossier on Turkish energy policy.
See also our dossier on Turkish energy policy.
Labels: energy
Tuesday, 10 July 2007
Turkey's energy future
Turkey is a crucial transit country for the world's oil and natural gas market, and a top Foreign Ministry official says its role will increase as the industry brings more sources to market and demand continues to rise. "Our main purpose is to contribute to the global energy security of supply," Vural Altay, deputy director general for energy, water and environment in Turkey's Foreign Ministry, told United Press International Tuesday on the sidelines of an energy conference. "In order to achieve that we are working on different projects ... both in oil and gas."
Turkey, the world's 14th-largest net oil importer, is looking to meet its own energy needs with a nuclear power plant project as well as renewables, Altay said. Read more...
Turkey, the world's 14th-largest net oil importer, is looking to meet its own energy needs with a nuclear power plant project as well as renewables, Altay said. Read more...
Labels: energy
From Turkey's dreams of empire to the energy Great Game
Chris Wade, dpa, points out that in the heady days following the break-up of the Soviet Union, Turkish nationalists dreamt of creating a pan-Turkic empire of the newly independent Caucasus states - led, naturally, by Turkey. Read more...
Labels: central asia, energy
Monday, 2 July 2007
Turkey receives first Azeri Shakh Deniz gas
Reuters reports that Turkey received on Monday its first shipment of Azeri natural gas from the $4 billion Shakh Deniz pipeline, an official at state-run pipeline group Botas said. Read our 'energy policy dossier' for more information.
Labels: energy
Sunday, 1 July 2007
EU bets all on Nabucco, shrugs off South Stream
The European Commission said it is not against Russia Iran
Labels: energy
Tuesday, 26 June 2007
Nabucco: just a dream?
The Nabucco pipeline is a proposed natural gas pipeline that is planned to transport natural gas from Turkey to Austria, via Bulgaria, Romania, and Hungary. Some consider the pipeline as a diversion from the current methods of importing natural gas solely from Russia. Judy Dempsey, Herald Tribune comments on the state of the project:Interviews with members of the Nabucco consortium Tuesday disclosed that the pipeline - proposed in 2002 by the European Commission as the bloc's first attempt at forging a common energy security policy - may be threatened by another project with similar intent.
On Saturday, Gazprom, Russia's state-owned giant natural gas monopoly, and Eni, the Italian natural gas company, announced an agreement to build a competing pipeline to the EU, a move that exposed the lack of unity inside the 27-member bloc over forging a long-term energy security policy."
Labels: energy
Sunday, 24 June 2007
Gazprom, Eni plan big gas pipeline bypassing Turkey
Reuters report that Gazprom and Italian oil firm Eni unveiled a plan on Saturday for a big new pipeline to take Russian gas under the Black Sea to Europe, undermining an earlier plan to extend a Turkish route. The South Stream pipeline will cross the Black Sea into Bulgaria and then split, one arm going to Austria and the other to Greece, and then on to Otranto in the south of Italy.
Labels: energy
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