BP’s 2021 annual review of world energy shows the effect the pandemic had on world energy demand and prices, but the world will struggle to meet the Paris goals. [Gas in Transition, Volume 1, 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.”
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