Natural gas
Turkey to boost gas capacity with investment, floating units
The BOTAŞ Pipeline Corporation aims to increase the daily capacity of Turkey's natural gas system to 350 million cubic meters (mcm) per day from the current 200 mcm, according to official statistics.
Creditors want DEPA out of natural gas retail sector
Greece's creditors are pressing for the withdrawal of the Public Gas Corporation (DEPA) from the natural gas retail market, and quickly too, according to information confirmed by sources from within DEPA.
TANAP Construction to Be Halfway Through by End-2016
Fifty-five percent of The Trans-Anatolian Pipeline (TANAP) will have been constructed by the end of the year, Turkey's Energy Minister Berat Albayrak
Daily Sabah quotes him as saying that Turkey is successfully moving toward the creation of an energy hub and successfully pursuing a policy of energy diversification.
Turkey plans to drill deep water oil well in Black Sea in 2018: Minister
Turkey plans to drill a deep water oil well in the western part of the Black Sea in 2018, Energy Minister Berat Albayrak said Nov. 8, adding that the country was also planning to bring the Akkuyu nuclear power plant online by 2023.
DEPA pays price of government nod to US gas
The Public Gas Corporation (DEPA) is apparently paying the price for a Greek decision to facilitate business plans that pave the way for American liquefied natural gas (LNG) to head through Greece to the Balkans and Central Europe - as in the case of the LNG terminal off Alexandroupoli - and for its own handling of the extension of the Turkish Stream pipeline.
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Bulgartransgas, Eustream To Cooperate on Balkan Gas Hub
Bulgartransgas EAD and eustream a.s will work towards improving the security of natural gas deliveries in Central and Southeastern Europe and the implementation of the infrastructure projects - gas hub Balkan and gas pipeline Eastring, reported Bulgaria's Energy Ministry.
Increase in Natural Gas Price Not To Affect Heating, Hot Water Prices
As of next year, there might be an increase in the price of natural gas but it will be below 10% and will not affect the price of heating and hot water, stated the chairman of the energy regulator Ivan Ivanov.
Oil Found in Bulgarian Black Sea Offshore Drilling
Bulgaria's Deputy Prime Minister Tomislav Donchev has announced that oil was found in the Khan Asparuh block during offshore drilling earlier this year.
Donchev has not elaborated his remarks at the opening of a tripartite meeting of government, employers, and unions.
A source of Inews.bg (a website of Novinite Group) working in the public sector has confirmed the news.
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Greece names Total-led consortium preferred bidder for offshore gas drilling
Greece named on Wednesday a consortium of France's Total, its biggest oil refiner Hellenic Petroleum and Italy's Edison as the preferred bidder for an offshore gas drilling block in the west of the country.
Shell wants to supply more natural gas to Turkey, says senior executive
Shell wants to supply Turkey with more liquefied natural gas (LNG), grow in the natural gas market and expand its cooperation with Turkey as the country has the potential to become a gas hub, according to a senior company executive.