Bayerngas to join Nabucco
Bayerngas (Germany) plans to become the seventh shareholder of the Nabucco gas pipeline, the Nabucco Gas Pipeline International said today. Negotiations with other shareholders will start in the near future.
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Bayerngas (Germany) plans to become the seventh shareholder of the Nabucco gas pipeline, the Nabucco Gas Pipeline International said today. Negotiations with other shareholders will start in the near future.
South Corridor is considered as one of priorities for the European Union among energy projects
The Nabucco gas pipeline is the most promising gas line from theCaspian Sea, Nabucco Gas Pipeline International GmbH said, quoting CEOReinhard Mitschek, Trend reports.
Azerbaijan and Turkey plan to hold a new round of talks on gas onAugust 26, head of the State Oil Company of the Azerbaijani Republic(SOCAR) Rovnag Abdullayev said, Trend reports.Turkish Prime Minister Recep Tayyip Erdogan visited Baku in late Julyto view development of Shah Deniz. He had negotiations with Botas(Turkey) and reach a set of deals.
A blast happened at an oil pipeline on Mount Bodag at the MardinaMidyat District in Turkey occurred. The pipeline belongs to Botas. Ablaze has started at the site. The causes of the blast have not beendetermined yet, SalamNews reports.
Talks between SOCAR and Turkey's Botas about the conditions of gas transportation through Turkey are to finish in September, Turkey’s Ambassador to Azerbaijan said on Wednesday, Contact.az reports.
Three militants killed in the Khasavyurtovsky district of Dagestan onTuesday were part of the Khasavyurtovskaya terrorist group, RIANovosti reports.The police stopped a vehicle on the 730th km of the Kavkaz highway at22:45. Fire was opened from the car. The police opened counterfire.Two of the people in the vehicle were locals from the village ofBotashurt and one from the village of Bayramaul in Khasavyurtovskydistrict in Dagestan.
Baku is hosting an international forum addressing most important issues of the energy sector.
The signing of the agreement on the construction of the Nabucco gas pipeline consortium is planned for June 6 and will take place in Turkey, APA cites the Turkish Energy Minister Taner Yildiz as saying.
Turkmenistan expressed interest in the Azerbaijan-Georgia-Romani Interconnector (AGRI) project, aimed at transport liquefied gas over the Black Sea coast of Georgia to Romania, Presidents of Turkmenistan and Romania Gurbanguly Berdimuhamedov and Traian Basescu said.
The expected rise of expenses of the Nabucco project will not affect its realization, Azerbaijani representative to the EU Rolan Kobia said on Thursday, Trend reports.
Construction of the Nabucco gas pipeline from the Caspian region and the Middle East to the EU will start in 2013.
The Swiss company EGL has signed a memorandum on mutual understanding with the Turkish company Botas. The deal will allow gas to be transported to Europe through Turkey, Trend reports. The deal defines additional spheres of cooperation between the two companies.Markus Brokhof, head of the Gas Supply&SEE EGL, member of the EGL Board, said that the memorandum will be the basis for further cooperation.
Following the bright predictions for future gas development in the Caspian region, the ‘Nabucco’ consortium activates its efforts
An agreement on transit of Azerbaijani gas through Turkey to Europe will be signed in the near future, Levent Ozgul, manager for development of strategy and business of the Turkish state pipeline company Botas, said in Baku on Tuesday, Trend reports.
Turkey is the leading investor in the non-oil sector of Azerbaijan, Azerbaijani Minister of Economic Development Shakhin Mustafayev said at the Azerbaijani-Turkish business forum in Ankara, Trend reports.Over 1000 Turkish companies are operating in Azerbaijan. They have invested some $2 billion in Azerbaijan. The forum is a continuation of the business forums in Baku and Nakhchivan.
Greece will become the first European country to which Azerbaijan will export its gas directly, President of the State Oil Company of the Azerbaijan Republic (SOCAR) Rovnag Abdullayev said, Trend reports.Earlier SOCAR and the Greek National Gas Company DEPA signed a Memorandum of Understanding.
Partners developing the Azerbaijani gas condensate Shah-Deniz and the Turkish state pipe-laying company Botas are negotiating a contract on transit of Azerbaijani gas through Turkey and purchase of the gas on the second stage of the project, head of the State Oil Company of the Azerbaijani Republic (SOCAR) Rovnag Abdullayev said, Trend reports. He said that a memorandum was signed earlier. Abdullayev said that the contract will be signed by the end of this year.
An investment decision on Nabucco gas pipeline project will be made this year.Russia may join the pipeline later, Director General of the Nabucco Gas Pipeline International (NGPI) Reinhard Mitchek told Vilaggazdasag paper on Thursday.NGPI may hold an auction for realization of the open-season pipeline this year in cooperation with the European Commission and energy authorities of participants of the project.
The Supreme Court of Karachay-Cherkessia has started hearings on a process against 14 suspected gangsters accused of attacking police officers and a coup attempt, ITAR-TASS reports. Press-secretary of the court Alibek Botashev said that the prosecutor read out the accusations. The next hearings are scheduled for March 17.