W.Asia
![W.Asia](/cache/12-20/turkey-99.97a55c7e.jpg)
2020, December, 29, 11:25:00
TURKEY'S HYDROPOWER PLANT 1.2 GW
Hydropower accounts for 31% of Turkey’s installed capacity, with 28.5 GW, and covered 29% of the power mix in 2019.
![W.Asia](/cache/12-20/saudi-183.bb82d3ec.jpg)
2020, December, 28, 10:55:00
THE NEW SAUDI'S OIL, GAS
State-run oil giant Saudi Aramco is working to determine the exact size and resource volume of the new finds,
![W.Asia](/cache/12-20/price-959.062e6a32.jpg)
2020, December, 25, 10:40:00
OPEC+ RISSIA OIL PRICE: $45 - $55
In comments, cleared for publication on Friday, Novak also said that Moscow views an oil price between $45 and $55 per barrel as the optimum level to allow for recovery of its oil production,
![W.Asia](/cache/12-20/iran-222.9d6d5e82.jpg)
2020, December, 23, 13:25:00
РАЗВИТИЕ ОТНОШЕНИЙ РОССИИ, ИРАНА
"Экономические отношения между Россией и Ираном не только не утратили прежней динамики, но и приобрели ещё более активный и содержательный характер"
![W.Asia](/cache/12-20/iran-226.29fb42c8.jpg)
2020, December, 23, 13:20:00
RUSSIA, IRAN COOPERATION
"Iran and Russia have always had close and growing cooperation in the field of oil and energy, and this cooperation will continue,"
![W.Asia](/cache/12-20/iran-227.64eb07dc.jpg)
2020, December, 23, 13:15:00
RUSSIA'S INVESTMENT TO IRAN
Iranian Oil Minister Bijan Namdar Zanganeh said his country welcomes the Russian companies’ investment making in its oil sector
![W.Asia](/cache/12-20/iran-223.eb1664ce.jpg)
2020, December, 23, 12:45:00
IRAN RENEWABLE POSSIBILITIES
Iranian Energy Minister Reza Ardakanian said on Wednesday that the country has great potentials in the field of renewable energies and can have a significant role in developing the region’s market for such energies.
![W.Asia](/cache/12-20/price-946.65cee0b0.jpg)
2020, December, 22, 13:45:00
OPEC+ RUSSIA EXTENSION
"The OPEC+ deal has been with us for almost nine months and will continue until April 2022, but it can be extended until the end of 2022," Prince Abdulaziz said, adding that market skeptics and speculators will remain "on their toes".
![W.Asia](/cache/12-20/gas-208.0b0b3631.jpg)
2020, December, 22, 13:40:00
SOUTHERN GAS CORRIDOR EXTENDING
The $40 billion Southern Gas Corridor comprises the 16 Bcm/year BP-operated Shah Deniz 2 field offshore Azerbaijan, the expanded South Caucasus Pipeline via Georgia, the TANAP pipeline in Turkey and the 10 Bcm/year TAP link to Italy.
![W.Asia](/cache/12-20/price-942.6c9adec0.jpg)
2020, December, 21, 13:05:00
DEAL OF OPEC, RUSSIA, SAUDI ARABIA
"Today, my friend and colleague and I discussed cooperation in the OPEC+ multilateral format, and joint action and coordination in the international market.
![W.Asia](/cache/12-20/adnoc-42.0484df64.jpg)
2020, December, 18, 11:35:00
ADNOC RATING 'AA'
Fitch Ratings has affirmed Abu Dhabi National Oil Company's (ADNOC) Long-Term Issuer Default Rating (IDR) at 'AA' with a Stable Outlook.
![W.Asia](/cache/12-20/price-917.2d389b0f.jpg)
2020, December, 9, 11:35:00
OPEC+ PRODUCTION CUTS 100.2%
OPEC+ compliance with its production cuts stayed stable at 100.2%.
![W.Asia](/cache/12-20/oil-60.be871e4d.jpg)
2020, December, 8, 13:05:00
OPEC+ OIL PRODUCTION CUTS 7.2 MBD
In April 2020, the OPEC+ decided to cut their overall crude oil production by 9.7 mb/d over the 1 May 2020 - 30 June 2020 period, in an attempt to reduce the global oversupply and to firm up depressed oil prices in a context of COVID-19 pandemic.
![W.Asia](/cache/12-20/russia-462.1c8e0b1f.jpg)
2020, December, 7, 13:20:00
RUSSIA OIL PRODUCTION WILL UP
"Russia's increase starting January is around 125,000 b/d, we discussed it with oil companies," Novak said during the OPEC+ press conference.
![W.Asia](/cache/12-20/price-907.49537b49.jpg)
2020, December, 4, 12:35:00
OPEC+RUSSIA EXTENSION
Beginning in January 2021, DoC participating countries decided to voluntary adjust production by 0.5 mb/d from 7.7 mb/d to 7.2 mb/d.