Turkey expands its trade with Venezuela and purifies its gold production

Turkey expands its trade with Venezuela and purifies its gold production

Declares continuous imports of oil and gas from Iran despite US sanctions

Ankara: Said Abderrazak

The volume of trade between Turkey and Venezuela has exceeded the volume of trade between Turkey and Venezuela during the first five months of the year.
The volume of trade between them during the first five months of this year was about 893 million dollars. The last five years (2013-2017) were 803 million, 575 thousand and 193 dollars.
Animal products, vegetable fats and oils, rubber and its products, cereals, flour and sweets were the leading exports to Venezuela. And the motto
The growing political and diplomatic rapprochement between the two countries has recently been reflected in economic relations
Venezuela began refining its gold mined in Turkey instead of sending it into from other countries like Switzerland for fear of being restrained American sanctions imposed on this subject. According to official data from Turkey, Venezuela has exported $ 779 million worth of gold to Turkey this year.
Venezuelan Minister of Mines Victor Cano said: "An agreement was signed between the Central Bank of Venezuela and Turkey." The gold exported to Turkey will eventually return to Venezuela to become part of the portfolio. 39, badets of the central bank. "The central bank has bought 17.6 tons of gold from its producers in the mines, said Kanoo. Small in the country.
Since the year last, Venezuela began to ravage It should be re-purified and registered as a "currency money" so that it could enter the Venezuelan reserves and be used in future financial operations.
In the same context, Reuters reported yesterday that Turkish data do not show that gold purified gold is expected to be sold in Turkey or in other markets.
Sources close to the Turkish company refineries Topras said that they conti would buy Iranian oil after the United States unilaterally disengaged from the nuclear deal and imposed it. The ban on Iran and the companies that occupy it again
Turkey imported Ira oil In the first four months of this year, the rate of Iran's oil purchase has dropped since the announcement by US President Donald Trump in May of his country's exit from the nuclear deal.
Turkey announced that it did not intend to reduce its oil and natural gas imports from Iran even after the US embargo.
In the previous US embargo, Turkey continued to import oil and imported 3 to 4 loads per month since 2011.
In parallel, "British Petroleum Services contract to provide consulting services in the region. The Turkish government has announced that the contract is worth about $ 3 million and is intended to provide technical support to the existing gas facility, which is located in the northern part of the city. 60 km west of Istanbul
The Turkish state-owned company Potash plans to increase its liquefied natural gas capacity to 4.6 billion cubic meters
Turkey is looking to increase its natural gas storage capacity, increase liquefied natural gas (LNG), amid major efforts to become a global energy center 459012] Turkey will increase capacity of natural gas reservoirs in Silevri and in the north from Marmara to 5 billion cubic meters, and the capacity of the salt storage center in Eskisehir (central) to 5.4 billion cubic meters. He is responsible for the management and control of the areas that will cover the main phases and work areas of the project, as well as detailed design, engineering, procurement, construction, drilling and maintenance operations. # 39; stop.
Petrofac Land and Sea Areas, with 31 offices and approximately 14,000 employees Worldwide, it has more than 80 nationalities.

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