Liquefied natural gas

Bulgaria takes 20% stake in Greek LNG terminal

Bulgaria's state gas company Bulgartransgaz has finalized a deal to take 20% of Greek company Gastrade, which is developing a floating liquefied natural gas (LNG) facility off the city of Alexandroupoli, Gastrade said on Thursday.

The deal is part of Bulgaria's strategy to diversify and to decrease its dependence on Russian gas.

Total inflow to Turkish gas system up 6.38 pct in 2020

Natural gas inflow to Turkey's gas network saw a year-on-year increase of around 6.38 percent to 50 billion cubic meters (bcm) in 2020, according to data from the Turkish Petroleum Pipeline Corporation (BOTAŞ).

In 2019, around 47 bcm of natural gas was carried through the Turkish natural gas system.

Nord Stream 2 Project to Be Completed Regardless of US Sanctions

US sanctions against the Nord Stream 2 gas pipeline are blatant protectionism aimed at advancing its liquefied natural gas on the European market, but the EU countries understand this and support the project, and thanks to this it will be completed, Russian Deputy Prime Minister Alexander Novak told RBC TV.

DESFA lands LNG project in Kuwait

Greece's gas grid operator is making a dynamic entry into the international scene after landing a significant project in Kuwait.

The Hellenic Gas Transmission System Operator (DESFA) has undertaken the operation and maintenance of a new liquefied natural gas (LNG) terminal under construction in the Gulf country, which is expected to start operating in 2021.

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.

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