Baku/18.10.13/Turan; Turkish Minister of Energy and Natural Resources Taner Yildiz said at the World Energy Congress in South Korea that in 2014 Turkey will import minimum 5 million tons of crude oil from Iran, reported ICNA agency.
Turkish Minister said that next year and this year Turkey will buy about 5 million tons of oil in Iran (100,000 barrels a day) and if import of Iranian oil is less, Turkey’s energy safety will be under threat.
During the past ten years demand in energy carriers in Turkey doubled and during the next 10 years it will double again.
Yildiz also reminded that Turkey will receive 10 billion cub.m. of natural gas from Iran and it will increase the volume of import, if it is possible, reported Iran News.—0—
Economics
-
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.
-
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.
-
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.
-
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.
Leave a review