Putin will agree to TurkStream to deliver natgas to Serbia
ANKARA (Reuters) — Russia will not object to Turkey’s plan of transferring natural gas from its TurkStream project to Serbia, Turkish President Tayyip Erdogan said on Tuesday.
“We are supporting the issue of bringing natural gas to Serbia through the TurkStream pipeline, I don’t think (Russian President Vladimir) Putin will object to this,” Erdogan told reporters during a joint press conference with Serbian counterpart Aleksandar Vucic.
The Kremlin, dependent on oil and gas revenues, sees the pipelines to Germany and Turkey—Nord Stream 2 and TurkStream—as crucial to increasing its market share in Europe.
Writing by Ece Toksabay; Editing by Ezgi Erkoyun
The US Energy Information Administration (EIA) reported in April that the US set records for natural gas production in 2017.
- Energy Web Atlas
Since market reforms first started in 1978, China has shifted from a centrally planned economy to a market-based economy, experiencing rapid economic and social development.
Russia aims to ally with Qatar in LNG competition with Australia and other LNG-exporting majors over the coming years.
Maximize Profitability with Advanced Analytics at Natural Gas Processing Plants
Incorporating economic data into process modeling is key to optimizing operations and maximizing profits at gas processing plants. However, maintaining optimal operations are often challenging due to changing market dynamics, contract structures and increasing process flexibility. Today, gas processors are leveraging Predictive Control and First Principles models to accurately determine and control the optimal operating targets in real time based on the most current plant conditions and profitability, optimizing recovery of natural gas liquids. Learn how real-time analytics, combined with decision support tools, empower companies to:
•Improve processing margins by up to 5%
•Maximize NGL production through improved availability and optimized process conditions
•Improve compositional control to operate closer to product specifications
May 22, 2018 10am CDT