School Shooting in Turkey: 16 Injured as Gunman Takes Own Life
A shooting at a school in southeastern Turkey left 16 people injured after a former student opened fire before taking his own life, according to local authorities.
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File photo, EPA/BGNES
The World Bank gas granted a total of USD 800 M in loans to Turkey and Azerbaijan for the Trans-Anatolian Natural Gas Pipeline (TANAP), Anadolu Agency reports.
The 1850-km pipe is part of the Southern Gas Corridor (SGC), aimed at pumping Azerbaijan's gas into Turkey and further on to Europe.
The lender has granted USD 400 M to Turkey and the same amount to Azerbaijan.
The Southern Gas Corridor projects is, overall, expected to draw in some USD 4 B in external financing, according to Azerbaijani SOCAR company.
TANAP is due to become operational in 2018, with an initial capacity of 16 billion cubic meters of Azeri gas through Georgia to Turkey. Of these, 6 bcm will go to Turkey and the rest to Europe via the Trans-Adriatic Pipeline (TAP).
Bulgaria also helps to gain access to SCG gas via the Interconnector Greece Bulgaria (IGB) project.
Acting Energy Minister Traycho Traykov said Bulgaria should not tap into its 90-day fuel reserves to ease prices, stressing that they must remain a safeguard in case of an actual supply disruption
Bulgaria has secured a six-month extension of the Lukoil waiver, following a decision by the US Treasury Department’s Office of Foreign Assets Control (OFAC)
Energy expert Boyan Rashev has warned that Europe could be moving toward what he described as an “energy lockdown” scenario if fuel supply pressures continue to worsen
Fuel prices in Bulgaria have continued to edge upward, with diesel and gasoline both registering increases in the days following the Easter holiday
The president of the Confederation of Bulgarian Trade Unions, Plamen Dimitrov, has warned that inflation in Bulgaria is likely to exceed earlier projections, even if fuel prices begin to decline
Bulgaria’s fuel market has recorded a sharp upward shift since the outbreak of the war in Iran, with diesel and petrol prices rising significantly across the country
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