“A total of 8.1 billion cubic meters (bcm) of natural gas has been transported to Turkey through the Trans-Anatolian Natural Gas Pipeline (TANAP) since its inauguration in June 30, 2018,” said Turkish Minister of Energy and Natural Resources Fatih Donmez. Four and a half years after the inauguration of construction …
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Turkish MP hails importance of TANAP
Member of the Grand National Assembly of Turkey, head of the Turkey-Azerbaijan inter-parliamentary friendship group Samil Ayrim has praised the significance of the TANAP as the gas pipeline`s Europe link was inaugurated in Edirne, Turkey. He said the launch of the pipeline once again brought the region to the forefront …
Read More »Falling Oil Prices and Its Implications for Azerbaijan’s Gas Policy
On February 23, Azerbaijan’s parliament adopted amendments to the state budget to adjust down expected budget revenues based on oil price estimates of as low as $25 per barrel (Azernews.az, February 23). Initially, the State Budget for 2016 projected oil at $50–55/barrel (Trend, September 14, 2015). On January 10, …
Read More »Turkey and the South Caucasus: Prospects and Challenges for Cooperation
The South Caucasus is a diverse geopolitical region, which occupies a strategic point in the transport of Caspian oil and gas. However, the region is often challenged with unresolved conflicts and socio-political and economic problems brought about by the collapse of the former Soviet Union. Turkish relations with the South …
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