State-owned pipeline operator Botas approved all of eight initial bids in the tender it held for the construction of a pipeline that will provide natural gas to the Afsin-Elbistan region in south-eastern Turkey. Botas will announce the final tender date later.
8 companies and consortiums those received approval to participate in the final negotiations are:
In January, the UAE and Turkey has signed a USD 12bn intergovernmental agreement for the development of power plants and associated mines in the Afsin-Elbistan region. Abu Dhabi National Energy Company (Taqa) and Turkey's Electricity Generation Company Inc. were selected as the government-related entities responsible for the project, which is expected to generate a combined power capacity of up to 7,000MW. The two entities will form a joint venture, which will acquire, modernize and expand an existing 1,400MW plant and develop several new power plants and associated mines in the Afsin-Elbistan region.
The price cap on Russian oil is becoming increasingly unenforceable, said the International Group of P&I Clubs, or so-called Mutual Insurance Clubs, according to reports on May 3. About 800 ... more
Uzbekistan is to invest $500mn in backing promising projects in the mining of rare earth elements (REE), the presidential press service has announced. The country’s ... more
Russia in February for the first time overtook Turkmenistan on a monthly basis to become the largest pipeline supplier of natural gas to China, according to General Administration of Customs of China ... more