Turkey and Russia have agreed in principle to increase the capacity of the Blue Stream pipeline, which transports Russian natural gas to Turkey via the Black Sea, Turkish Energy Minister Taner Yildiz said April 21, Reuters reported.
A reduction in the price Turkey pays for Russian natural gas imports is not on the agenda when Alexander Medvedev, deputy chairman of Gazprom's board of directors, visits Turkey on April 21, Gazprom sources said, Today's Zaman reported.
EU Energy Commissioner Guenther Oettinger said April 20 he sees no danger of Russian state-owned energy firm Gazprom not fulfilling its contractual obligations to supply natural gas to Europe, EU Business reported, citing Welt am Sonntag.
Iranian exports of crude oil have reached 1.2 million barrels per day, almost double the amount the country exported at the time President Hassan Rouhani was elected, a top Iranian energy official said April 18, AFP reported.
Turkey will seek a discount in the price of natural gas it buys from Russia when Gazprom's deputy head visits Ankara next week, Turkish Energy Minister Taner Yildiz said April 18, Voice of Russia reported.
Japanese companies Mitsui & Co., Ltd. and Mitsubishi Corp. ended negotiations to purchase a stake of 10 percent minus one share in Russian company Novatek's proposed project to build a liquefied natural gas plant on Russia's Yamal Peninsula, Vedomosti reported April 18.