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Turkish Petroleum mulls partnerships for multi-billion Black Sea gas project
Feb. 9, 2021
Source: world oil

Turkish Petroleum mulls partnerships for multi-billion Black Sea gas project

Turkey’s state-owned oil and gas company is considering partnerships and plans to raise funding this year to carry out work on biggest natural gas discovery in the Black Sea. The necessary capital investment to produce the gas and deliver it onshore is estimated at around $3.2 billion. TPAO was allocated 13.4 billion liras ($1.9 billion) from the government’s 2021 budget.

STAR refinery to expand product portfolio
April 23, 2019
Source: Reuters

STAR refinery to expand product portfolio

State-run SOCAR has revealed plans of expanding its portfolio of processed grades of oil at its $6.3 billion-STAR refinery in Turkey. General Manager at the Azerbaijani energy firm said that the STAR refinery is already running at full capacity and intends to process approx. 900,000 tonnes of crude from May. The refinery, which started operations in October 2018, has processed only Rosneft’s Urals crude oil.

Turkey begins world’s biggest ship-to-ship LNG transfer
Jan. 3, 2019
Source: Anadolu Agency

Turkey begins world’s biggest ship-to-ship LNG transfer

The world's biggest ship-to-ship LNG transfers began yesterday in Turkey’s Mehmet Tecimen. The LNG transfer is between BOTAS's Floating Storage Regasification Unit (FSRU) and Al Sadd vessel, which brought LNG from Qatar. In a press briefing, oil utilities regional director of BOTAS said that the entire LNG transfer procedure will take two days.

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