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In January-May, the Turkish State Pipeline Company Botas imported 18.71 billion cubic meters of gas from various sources compared to over 16.8 billion cubic meters in January-May 2011, the Botas official website reported on Monday, Trend informs.
Turkey has fulfilled all its obligations under gas contracts signed on a "take-or-pay" principle, Anadolu news agency quotes Turkish Energy and Natural Resources Minister, Taner Yildiz as saying on Friday, Trend reports."Ankara has no debts to Iran, Azerbaijan and Russia for import of energy resources," Yildiz said.
Azerbaijani gas to Turkey supplied via the South Caucasus gas pipeline (Baku-Tbilisi-Erzurum) have been totally resumed, the pipeline's operator BP told Trend on Monday. "Gas supplied via the Baku-Tbilisi-Erzurum gas pipeline was fully restored," a BP spokesperson said. "It is now working normally."
Development of Azerbaijan’s Shah Deniz field to provide Europe with gas may require $40-45 billion of investments, BP Azerbaijan President Rashid Javanshir said on Wednesday. $20-25 billion will be spent on the second stage of development, $15 billion on transporting gas to Europe.
Gas supply to Turkey through the Baku-Tbilisi-Erzurum Pipeline from Azerbaijan have been stopped after an explosion last night, Trend cites Botas.Botas has been working at the blast-hit section of the pipeline, which may be the result of the explosion. Restoration may take 3-7 days.
BP says there are no problems with oil exports using the Baku-Tbilisi-Ceyhan Pipeline, Trend reports.Media sources earlier reported about a blast on the pipeline in the Kars Province.BP explained that oil from the Azeri-Chirag-Guneshli Field, Shah Deniz Field and Turkmenistan is being pumped according to the normal regime.According to preliminary data, the blast took place on gas infrastructure in the Turkish province, causing problems for Turkey’s Botas Company.
The initial plan of the Nabucco gas pipeline project is no longer considered a possible route for export of Azerbaijani gas, head of the BP Department for Refining and Marketing Ian Kon said.
Bulgaria has ratified the Nabucco deal, Trend reports.Bulgaria named Nabucco a national priority in April 2012 in a move to speed up the process of its realization. The pipeline will diversify its energy sources and reduce dependence on Russian gas.
The consortium of the Nabucco gas pipeline project has presented the Nabucco-West concept to the Shah Deniz consortium of Azerbaijan, Trend reports.The concept provides construction of a gas pipeline from the Turkish-Bulgarian border to Baumgarten (Austria). Reinhard Mitchek, head of the Nabucco Gas Pipeline International GmbH, expressed confidence in the success of the project.The Nabucco-West idea is to build a 1300-km long pipeline, which may further be extended.
RWE, one of the largest German energy concerns, is considering leaving Nabucco, a project to transport gas from the Caspian Region to Europe, 1news reports.The project’s expenses increased from €8 to €15 billion and no contracts with Azerbaijan and Turkmenistan have been signed. RWE is studying the project.
Bulgaria is interested in Azerbaijani gas shipments to Europe through Georgia’s Batumi, ITAR-TASS cites Bulgarian Prime Minister Boyko Borisov as saying.Borisov met President of the European Council Herman von Rompuy. They discussed gas transport through Georgia to Varna and Burgas. But Bulgaria cannot realize the Nabucco Gas Pipeline project without financing from the European Investment Bank.Rompuy confirmed that Hungary scrapped the Nabucco project.
Hungarian Prime Minister Victor Orban said that MOL was leaving the Nabucco, a project to transport gas from the Caspian Region and the Middle East to Europe, Trend reports.MOL owns 100% of shares of FGSZ, one of the six shareholders of Nabucco. Other partners of the project are the Bulgarian Energy Holding, Transgaz (Romania), Botas (Turkey), OMV (Austria) and RWE (Germany).
Turkey is planning to invest around $100 billion in the energy sector of the country over the next 10 years, Turkish Prime Minister Recep Tayyip Erdogan said to delegates at the World Energy Summit, which began on Friday in Istanbul, Trend cites the Zaman newspaper as saying. Erdogan said Turkey's main goal in this issue is to attract investment from the private sector.
The council of ministers of Bulgaria has called Nabucco a gas pipeline project of state significance, Trend reports.Reinhard Mitchek, Managing Director of Nabucco Gas Pipeline International GmbH, said that such status will speed up construction of the Bulgarian section of the pipeline.Nabucco is the flagship project of the Southern Corridor, because it offers the best commercial and strategic choice for diversification of gas supply to Bulgaria and other European states.
The route for gas transport from Shah Deniz-2 to Europe will be set before June, as stated by Gulmira Rzayeva,a scientist of the Center for Strategic Studies of the Azerbaijani President. She attended the international conference in Tbilisi in late March as an energy expert and made a report “Azerbaijani View on the Southern Corridor.
Turkey has proposed Iran to resolve an ongoing gas dispute using the Azerbaijani approach, Turkish Minister for Energy Taner Yildiz said at the international energy forum in Kuwait, 1news.az reports.Taner Yildiz said that they may have to file a lawsuit against Iran, unless it makes concessions. He said earlier that Iranian gas exceeds the market price. Turkey plans to file a lawsuit to the International Arbitrary Court after March 16.
Botas International Limited (BIL), operator of the Turkish part of the Baku-Tbilisi-Ceyhan (BTC) Pipeline, has published details on oil pumping from the terminal in Ceyhan, 1news.az reports.1790 tankers transported oil from June 2, 2006 to February 24, 2012. About 1.384 billion barrels of oil have been brought.
The consortium developing Azerbaijani's Shah Deniz II gas field has narrowed the number of groups competing for the right to build infrastructure to carry gas to Europe, Reuters reports, selecting the TAP project for the Italy pipeline option.TAP's pipeline is preferred to the ITGI option, should the consortium, which includes Azeri state energy company SOCAR, and oil majors BP and Total, decide to send the gas via Italy, a spokesman for BP told Reuters on Monday.
Gazprom, the Russian state gas holding, has reduced prices for European consumers by 10%, Gazeta.ru reports.Alexander Medvedev, Deputy CEO of the company, said that concessions were made after negotiations with GDF Suez (France), Wingas (Germany), SPP (Slovakia) and Botas (Turkey).
Nabucco Gas Pipeline International has presented an ecological report to the Turkish Ministry for Environmental Protection and Urbanization, Trend reports.The report covers a 760 km area between Ankara and the Turkish-Bulgarian border. The document meets the requirements of the form approved in July 2010. Nabucco Gas Pipeline International expects reports on sections between Ankara and the Turkish-Georgian borders, between Sivas and the Turkish-Iranian border in spring 2012.
