Fuel gas

SOCAR AQS opens 40 wells in Turkey’s gas storage project

Azerbaijan's integrated drilling and oil services management company, SOCAR AQS, opened 40 wells to expand the storage capacity of the Salt Lake (Tuz Gölü) Natural Gas Storage Facility in central Anatolia, head of SOCAR AQS said on May 27.

Around $103 million will be invested for storage expansion at the Salt Lake facility, SOCAR AQS Director General Ramin Isayev told Anadolu Agency.

Gas Leak in Plovdiv, Bulgaria

Late last night, a signal was given for a gas leak from a gas station. It is located in the Smirnensky district, close to the medical dormitories.

It turned out that a pump supplying fuel to the gas stations had failed.

The area was immediately cordoned off by police. There was no need to evacuate the people in the neighborhood.

NSI: The Total Producer Price Index in March 2020 Decreased by 1.5%

The Total Producer Price Index in Industry in March 2020 decreased by 2.1% compared to the previous month. Lower prices were registered in the manufacturing by 2.6%, in the mining and quarrying industry and in the electricity, gas, steam and air conditioning supply - both by 1.0%.

US lends support to Alexandroupoli FSRU plan

Speaking on Thursday to the chief executive officer of Public Gas Corporation (DEPA), Konstantinos Xifaras, US Ambassador in Athens Geoffrey Pyatt expressed Washington's warm support for the project of the Floating Storage Regasification Unit (FSRU) off Alexandroupoli in northeastern Greece, as it assists the US in its strategy for the diversification of Europe's energy sources.

China to buy US energy goods over two years

China committed to buy around $52 billion worth of energy goods from the U.S. in 2020 and 2021 amid the phase-one trade deal signed by the countries.

After 21 months of imposing reciprocal tariffs, the world's two biggest economies finally reached a trade agreement and signed a phase-one deal on Jan. 15 in Washington, D.C.

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