• 3 minutes This Battery Uses Up CO2 to Create Energy
  • 5 minutes Shale Oil Fiasco
  • 9 minutes Don't sneeze. Coronavirus is a threat to oil markets and global economies
  • 12 minutes Historian Slams Greta. I Don't See Her in Beijing or Delhi.
  • 4 hours Boris Johnson taken decision about 5G Huawei ban by delay (fait accompli method)
  • 2 hours Demand for Diesel vs. Oil
  • 16 hours Which type of Hegemony will China follow
  • 7 hours Yesterday POLEXIT started (Poles do not want to leave EU, but Poland made the decisive step towards becoming dictatorship, in breach of accession treaty)
  • 1 day Here is Why People Lose Money Trading Natural Gas
  • 2 days Governments that wasted massive windfalls
  • 9 hours Environmentalists demand oil and gas companies *IN THE USA AND CANADA* reduce emissions to address climate change
  • 22 hours Tesla Will ‘Disappear’ Or ‘Lose 80%’ Of Its Value
  • 1 day Let’s take a Historical walk around the Rig
  • 1 day US Shale: Technology
  • 2 days We're freezing! Isn't it great? The carbon tax must be working!
  • 2 days 2nd Annual Great Oil Price Prediction Challenge of 2019

Breaking News:

Oil Prices Rise On Surprise Crude Draw

TURKEY-TURKMENISTAN: 12 Energy Deals Solidify Cooperation

TURKEY-TURKMENISTAN: 12 Energy Deals Solidify Cooperation

Bottom Line: Turkey has long been the inroad into Turkmenistan’s oil and gas sector, and the recent inking of a deal between the two countries solidifies this even more.

Analysis: On 30 May, Turkey and Turkmenistan signed an agreement for Turkmen gas supplies to Turkey, with Ashgabat rolling out the red carpet (and even a military parade) for Turkish President Abdullah Gul. The two countries signed a total of 12 cooperation agreements on 30 May, riding high on soaring trade volumes, which have reached $3.5 billion. Turkish companies have completed $34 billion in projects in Turkmenistan. Addressing his Turkmen audience, President Gul said that Turkmenistan extensive gas and oil reserves would find markets “both in Turkey and in Europe,” adding that natural gas in the country was delivered to the west and to the east via pipelines.

Recommendation: For US companies in particular, the gateway to Turkmenistan is through Turkey, and gaining a foothold in Turkmenistan’s oil and gas sector requires a Turkish gatekeeper.




Oilprice - The No. 1 Source for Oil & Energy News