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 Libya and Turkey sign MoUs on various issues

Libya and Turkey sign MoUs on various issues

A high-level delegation led by the Libyan prime minister, Abdul Hamid Dbeibah, visited Turkey on Monday (12 April) to participate in the joint high-level Strategic Cooperation Council. The two sides signed several new Memoranda of Understanding and renewed a commitment to the 2019 maritime boundaries agreement between the two countries. 

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 Libya and Turkey sign MoUs on various issues

Libya and Turkey sign MoUs on various issues

A high-level delegation led by the Libyan prime minister, Abdul Hamid Dbeibah, visited Turkey on Monday (12 April) to participate in the joint high-level Strategic Cooperation Council. The two sides signed several new Memoranda of Understanding and renewed a commitment to the 2019 maritime boundaries agreement between the two countries. 
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Russia's Gazprom may build two new LNG plants by 2025

Russia's Gazprom may build two new LNG plants by 2025

Gazprom intends to build an LNG plant with an annual capacity of 1.5 mln tonnes near the Far Eastern city of Vladivostok, and another facility on the Black Sea coast, which will have a production capacity ranging between 500,000 and 1.5 mln tonnes. Eastern Siberia and the Russian Far East are top priority regions for Gazprom in the long term.
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Turkey hopes Black Sea gas will satisfy most of its domestic demand by 2028

Turkey hopes Black Sea gas will satisfy most of its domestic demand by 2028

Turkey hopes that newly discovered gas fields in the Black Sea will by 2028 yield output that will help it satisfy its increasing demand for gas. In 2019, Turkey’s total gas import bill was around $12 billion. The country is currently conducting further seismic analysis activities, soon to be extended  to a 10,000-square-meter area in the Black Sea
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Historic agreement on Caspian Sea co-operation between Azerbaijan and Turkmenistan

Historic agreement on Caspian Sea co-operation between Azerbaijan and Turkmenistan

After years of negotiations, Azerbaijan and Turkmenistan have reached a preliminary agreement on the joint exploration of a disputed section of an undersea hydrocarbons field in the Caspian Sea believed to hold extensive energy reserves. President Ilham Aliyev of Azerbaijan and Turkmen president Gurbanguly Berdymukhammedov, attended online the signing by their foreign ministers of a memorandum on the mutual intention to jointly explore and develop the Dostlug (Friendship) undersea field.