The deal will now cover the exchange and supply of natural gas from Turkmenistan to Turkiye and until Europe until 2030.
SEATTLE (Oil Monster): Turkiye and Azerbaijan announced that they have decided to extend the natural gas agreement between both the countries until the end of the current decade.
A deal was signed by the Turkish Petroleum Pipeline Corporation (BOTAS), Azerbaijan’s state energy company, SOCAR, and Azerbaijan Gas Supply Company (AGSC) to share and supply natural gas resources, during the 29th International Caspian Oil & Gas Exhibition during Baku Energy Week held recently at Baku, the capital city of Azerbaijan.
Additionally, BOTAS and SOCAR also signed four agreements on the delivery and exchange of natural gas. These agreements will ensure transportation of Azerbaijani gas to Europe and Nakhchivan through Turkey. These will also facilitate delivery of Turkmenistan gas to Turkey.
The meeting also saw extension of the previous natural gas agreement which is set to expire by end-2024. The deal will now cover the exchange and supply of natural gas from Turkmenistan to Turkiye and until Europe until 2030.
The growing co-operation between Turkey and Azerbaijan has contributed significantly to the energy security of the region and Europe, apart from benefiting both the countries, said a message from Recep Tayyip Erdogan, President of Turkiye.
YOU MAY ALSO BE INTERESTED IN:
Hungary to Import Gas from Turkey, Serbia in Talks with Azerbaijan
United States Crude Oil Prices | |||
---|---|---|---|
COMMODITY | PRICE | CHANGE | |
Alabama Heavy Asphaltic Sour | 55.03 | -0.25 | |
Alabama Light Sour | 61.14 | -0.28 | |
Alabama Light Sour Womack Hill Type | 55.28 | +5.30 | |
Alabama Light Sweet | 66.14 | -0.28 | |
Alabama/ Florida Panhandle | 65.22 | +1.10 |
Plastic Keychain Magnet
Keychain Magnets as gift items to promote your Scrap Metal Recycling business!. Letters and numbers can be imprinted. Available Colors: Red, Blue and Green
$2.59
Scrap Metal Test Magnet 10 lb N52 Neodymium Rare Earth
Retrieval and Metal Testing Magnet. Contains The Most Powerful Grade of Neodymium Rare Earth Magnet (N52). Case Material: Aluminum
$9.99