WNN - The $20 billion project to build the four-unit, 4800 MWe plant is part of Erdogan's '2023 Vision' marking 100 years since the founding of modern Turkey and is intended to reduce the country's dependence on energy imports. The first unit is scheduled to start operations that year, with the other three units following by 2025. The plant is expected to meet about 10% of Turkey's electricity needs.

МИНЭНЕРГО РОССИИ - Строительство первой атомной электростанции в Турецкой республике - это знаковый проект, знаковые инвестиции. Будет возведено 4 блока по 1200 мегаватт, первый блок планируется сдать в эксплуатацию в 2023 году, к столетию со дня образования Турецкой республики. Конечно, это задает серьёзный темп строительства станции с учетом необходимости исполнения всех нормативов по безопасности, строительству и так далее.

BLOOMBERG - The global deal to rein in oil output has removed “85 percent of the problem” of oversupply, and OPEC and allied producers are seeking ways to cooperate after the agreement ends, according to United Arab Emirates Energy Minister Suhail Al Mazrouei.

PLATTS - Russia is planning to fully comply with its commitment to cut oil output under the OPEC/non-OPEC deal this month, Russian energy minister Alexander Novak said Tuesday, the Prime news agency reported.

PLATTS - Iraq has adjusted its crude oil production capacity target and is now aiming to achieve 6.5 million b/d by 2022, oil minister Jabbar al-Luaibi said Monday.

OPEC President Says Russia Has Been 'Great Partner' on Cuts

REUTERS - Iraq exported 3.453 million barrels per day (bpd) of crude oil from its southern ports in March, slightly above the February average, the oil ministry said on Sunday.

REUTERS - The new tight oil and deep gas resource is expected to contain many times the amount of oil produced by Bahrain’s existing oilfields, as well as large amounts of gas, BNA reported.

REUTERS - “We are working to shift from a year-to-year agreement to a 10 to 20 year agreement,” the crown prince told Reuters in an interview in New York late on Monday. “We have agreement on the big picture, but not yet on the detail.”

REUTERS - OPEC, Russia and several other non-OPEC producers have curbed output since January 2017 to erase a global glut of crude that had built up since 2014. They have extended the pact until the end of 2018, and meet on June 22 to review policy.

SAUDI ARAMCO - Saudi Aramco announces commercial cooperation worth over $10 billion with 14 American companies during Saudi-US CEOs forum in New York

PLATTS - China's crude oil imports from Saudi Arabia in February rose 19.5% month on month to 1.21 million b/d, or 4.64 million mt, making it the second-largest supplier, data released by the General Administration of Customs on Tuesday showed.

РОСНЕФТЬ - Комментируя соглашение, Игорь Сечин заявил: «Россия и Катар инвестируют в экономику будущего – экономику знаний. Как отметил Президент Российской Федерации «сегодня важнейшим конкурентным преимуществом являются знания, технологии и компетенции. Это ключ к настоящему прорыву, к повышению качества жизни».

WNN - President Moon Jae-in of South Korea and Crown Prince of Abu Dhabi Sheikh Mohamed bin Zayed Al Nahyan attended a ceremony to celebrate the completion of construction at the United Arab Emirates' first nuclear power reactor.

REUTERS - The final investment total for the 200 GW of generation, including the solar panels, battery storage and a manufacturing facility for panels in Saudi Arabia, will eventually total around $200 billion, Son said.