Alexander Novak

Russia Intends to Conquer 20% of the Liquefied Gas Market by 2035

Between 2024 and 2035, there will be a shortage of about 200 million tonnes a year on the Liquefied Natural Gas Market and a chance for Russia, Russian energy minister Alexander Novak said in an interview with Kommersant. According to him, the country could take a share of 15-20% of the liquefied gas market by 2035. At the moment it is about 4%.

Serbia and Russia sign several agreements

Representatives of the governments of Serbia and Russia signed in Moscow, on Tuesday a series of agreements on cooperation in various fields.

The Serbian government announced this, adding that the agreements were signed after the talks between two state delegations led by Serbian President Aleksandar Vucic and Russian President Vladimir Putin.

Russian Companies Interested in Modernizing Bulgaria Energy Sector

Russian companies have expressed an interest in modernizing energy sites in Bulgaria. This was announced by Minister of Energy Temenujka Petkova, who participated in Moscow at the fourth meeting of the Working Group "Energy", part of the Intergovernmental Bulgarian-Russian Commission for Economic and Scientific and Technological Cooperation.

Russia keen on more OPEC cooperation

Russia's energy minister said on Sept. 22 that he was in favour of continuing cooperation with the OPEC oil cartel as their joint accord to cap output bears fruit in boosting the price of crude.

"We should keep the pace and definitely moreover follow through on the concerted action," Alexander Novak said at the start of a meeting of oil-producing countries in Vienna.

Russia set to finish the Turkish Akkuyu nuclear plant licensing by year-end

Russia hopes to finalize all necessary licenses and permits for Akkuyu, Turkey’s first nuclear plant, by the end of the year, Russian Energy Minister Alexander Novak has said.

Contracting parties are working to obtain the last of the licenses for Akkuyu, Novak told state-run Anadolu Agency over the Aug. 19-20 weekend.

İzmir fair opens its doors for the 86th time

The fair in the Aegean province of İzmir is being named among not only Turkey's but one of the world's oldest fairs. Although at one stage its impact and content were open to intense debates, I must say that I see a serious change in the last two years. This can be seen from the number of the participants and the interest from sponsors.

Russia set to finish Akkuyu nuclear plant licensing by year-end

Russia hopes to finalize all necessary licenses and permits for Akkuyu, Turkey's first nuclear plant, by the end of the year, Russian Energy Minister Alexander Novak has said.

Contracting parties are working to obtain the last of the licenses for Akkuyu, Novak told state-run Anadolu Agency over the Aug. 19-20 weekend.

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