The impasse also highlights the delicate nature of Iran s domestic gas balance, as shortages have sent the use of Mazut – high sulphur fuel oil – in cement plants and power production rocketing upwards.
Gazprom remained comfortably on top despite a dramatic fall in its output, while only Rosneft, PetroChina and BP managed to grow their gas production substantially. [Gas in Transition, Volume 3, Issue 4]
Azerbaijan faces revenue cuts as gas exports to Turkey halted
May 28, 2021 1:30:pm
Summary In spite of the warm political ties between the two states, Ankara appears in no great hurry to renew the contract, believing it holds the upper hand.
by: David O’Byrne
Azerbaijan faces revenue cuts as gas exports to Turkey halted
A contract for gas exports from Azerbaijan to Turkey has quietly expired, leaving Baku without the bulk of income from its largest gas consumer while the flow is halted.
BP, which heads the consortium operating Azerbaijan s Shah Deniz gas field from which the gas is produced and sold to Turkey, confirmed to Eurasianet that flow halted on April 17 after the contract expired, but that talks on renewal have been going on for some time, and are continuing.”