SOCAR Trading won the tender for the purchase of Turkmen oil Eni
09:56 24.12.2020 8820
Turkmenistan became SOCAR Trading (a trading subsidiary of SOCAR, SOCAR). Argus Media, an independent pricing agency, reported.
SOCAR Trading managed to bypass the largest players in the oil market - ENOC, Vitol, Rosneft, LUKOIL and Trafigura in the tender.
As a result, the Azerbaijani company returned to its portfolio part of the hydrocarbons purchased since 2017 by Vitol in Turkmenistan. Thanks to these changes, experts expect that supplies of Turkmen oil through the Baku-Tbilisi-Jeyhan oil pipeline will increase by reducing transit through Makhachkala and Novorossiysk.
Reportedly, during 2021, Eni Turkmenistan will ship about 30-40 thousand tons per month of Okarem oil. Meanwhile, the export of this raw material from Turkmenistan increased to 341 thousand tons from 310 thousand tons a year earlier. The entire volume is transported by tankers in the direction of Makhachkala for further pumping to Novorossiysk.
Turkmenistan at the UN General Assembly will propose to develop a global strategy for zero growth in greenhouse gas emissions
Turkmenistan at a regular session of the UN General Assembly will make a proposal to develop a global Zero GHG emissions strategy by 2030 and adopt the International Forum on this issue. This proposal is included in the priority positions of Turkmenistan at the 78th session of the UN General Assembly, published on the website of the Ministry of Foreign Affairs of Turkmenistan.
Iraq establishes committee to purchase Turkmen and Qatari gas
Iraqi Energy Minister Ziyad Ali Fadel told reporters about the formation of a joint committee to discuss issues of supplies of Turkmen and Qatari natural gas, the Iraqi news agency Iraqi News reports.
The summit of the heads of Uzbekistan, Turkmenistan and Tajikistan will give a new impetus to cooperation, - Shavkat Mirziyoyev
The summit of the heads of Uzbekistan, Turkmenistan and Tajikistan, held on August 4 in Ashgabat, will give a new impetus to interstate cooperation. This was stated by the President of Uzbekistan Shavkat Mirziyoyev in a letter addressed to the National Leader of the Turkmen people, Chairman of the Halk Maslakhaty of Turkmenistan Gurbanguly Berdimuhamedov.
Azerbaijan has laid an underwater pipeline commissioned by Turkmenistan
Pipe-laying vessel “Suleiman Vezirov”, owned by CJSC Azerbaijan Caspian Shipping Company (ASCO), completed the laying of the underwater pipeline at the oil field LAM and ZHDANOV in the Caspian Sea.
Businessmen from the UAE and Afghanistan purchased products of the Turkmennebit at the auction
40 transactions were registered at the auctions of the State Commodity and Raw Materials Exchange of Turkmenistan last week.