Turkish Minister of Energy and Natural Resources Taner Yildiz said that Turkey is not going to buy less than 105,000 barrels of Iranian oil a day.
Turkish TUPRAS oil refining company has earlier imported 130-140 barrels of Iranian oil a day, Minister said.
Turkey and Iran intend to renew the agreement on oil deliveries, because it has expired in August 2013.
Next year just like this year Turkey will buy about 5 million tons of oil in Iran (100,000 barrels a day).
In the past 10 years demand in energy carriers in Turkey has doubled and in the coming ten years it will double again, reported Iran.ru.—0—
Economics
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On July 26, the Ministry of Economy hosted a meeting with entrepreneurs from the non-oil industry to explore ways to stimulate local production and enhance export potential.
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Azerbaijani internet service providers Aztelekom and Baktelekom will introduce substantial changes to their pricing structure starting August 15, the companies announced today. Under the new tariffs, the minimum internet speed will rise to 100 Mbit/s, with the cost per Mbit/s decreasing from 0.45 AZN to 0.25 AZN. As a result, monthly charges will be set at 25 AZN for 100 Mbit/s, 30 AZN for 150 Mbit/s, and 36 AZN for 250 Mbit/s.
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Independent experts suggest that Azerbaijan may be on the verge of another devaluation of its currency, the manat, due to a shrinking trade and payment surplus. The anticipated economic adjustments come amidst a decline in foreign currency inflows and reduced oil production.
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Azerbaijan’s Foreign Minister Jeyhun Bayramov met today with Ahmed Moallim Figi, the Minister of Foreign Affairs and International Cooperation of Somalia, at the Azerbaijani Foreign Ministry. This meeting followed a discussion held the previous day between Figi and Azerbaijan’s Economy Minister Mikail Jabbarov.
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