Turkey sacks central bank governor: presidential decree

Murat Cetinkaya, above, was appointed to the role in April 2016. (Reuters)
Updated 06 July 2019

Turkey sacks central bank governor: presidential decree

ANKARA: Turkey has sacked the governor of its central bank and replaced him with his deputy, a presidential decree published in the official gazette said on Saturday.
Murat Cetinkaya, who was appointed to the role in April 2016, had been replaced by Murat Uysal, the decree said, but no reason was given.


Iran’s Petropars developing South Pars gas field after withdrawal of foreign companies

Updated 25 January 2020

Iran’s Petropars developing South Pars gas field after withdrawal of foreign companies

DUBAI: Iran’s Petropars will develop phase 11 of South Pars, the world’s largest gas field, after the withdrawal of French oil major Total and the China National Petroleum Corp (CNPC), Iran’s oil minister was quoted as saying on Saturday.
“Now with the exit of the other two companies from the contract, Petropars has completely taken their place and the development of the first unit of phase 11 of South Pars has been given to this company,” Bijan Zanganeh was quoted as saying by ICANA, the Iranian parliament’s news site.
The offshore field, which Iran calls South Pars and Qatar calls North Field, is shared between Iran and Qatar.