Qatar is one of the world's top producers of liquefied natural gas, and UAE is an OPEC oil producer that is sharpening its focus on the gas market as Europe seeks to replace Russian energy imports after its incursion into Ukraine.
“There is a great production power in Türkiye, which is the most advantageous country in the world” for the investment, Alibaba’s president Michael Evans told Turkish daily newspaper Sabah in an interview.
The Cologne-based German Economic Institute says businesses expect production disruptions despite the cooling of gas prices affected by the conflict between Russia and Ukraine.
China, the world's second-biggest oil consumer, opened its borders on Saturday for the first time in three years, buoying the outlook for its demand for transportation fuels as well as the global economy.
Turkish president says while 44 percent of Ukrainian grain is sent to Europe, Ankara will also make an effort to provide the same to African countries through the Black Sea corridor.
Conference in Geneva puts to test the deal at the COP27 meeting in Egypt that established a special fund to cover climate-related destruction in poor countries that have contributed less to global warming.
