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Azerbaijani, Turkish and Turkmen energy ministers to meet early 2017

Azerbaijani, Turkish and Turkmen energy ministers to meet early 2017

Meeting of energy ministers of Azerbaijan, Turkey and Turkmenistan is planned for early 2017, said Turkish Foreign Minister Mevlut Cavusoglu. Cavusoglu made the remarks during a joint briefing with his Azerbaijani counterpart Elmar Mammadyarov in Baku Dec. 3. “Azerbaijan and Turkey also intend to develop cooperation within trilateral formats with the participation of the region’s […]

Turkmenistan to expand exploration of oil fields

Turkmenistan to expand exploration of oil fields

One of the priority directions of exploration of the State Corporation “Turkmengeology” at the present time is the search for oil deposits. In connection with reliable security proved natural gas reserves for many years, “Turkmengeology” the last time orients the main volumes of geological exploration in search of oil deposits, Ministry of Oil and Gas […]

Iran is ready to freeze oil production regime

Iran is ready to freeze oil production regime

Iran has declared its readiness to freeze the oil production. Mohsen Qamsari, the director for international affairs of the National Iranian Oil Company (NIOC) said that Iran reached the desirable oil output to proceed with freezing its production, Press TV reports. He told that Iran’s current production of oil stands at around 4.2 million barrels […]

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