Shah Deniz

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New stage of Shah Deniz project launched

New stage of Shah Deniz project launched

Shah Deniz Stage 2 project is of great importance for Azerbaijan, the country’s President Ilham Aliyev said at the Shah Deniz Stage 2 Production and Risers Platform Jacket Sail Away Event. "I congratulate …

Vyacheslav Kulagin: Russia's priority is stable South Caucasus

Vyacheslav Kulagin: Russia's priority is stable South Caucasus

Republics of South Caucasus are Russia's neighbors not only with rich mutual history, but also a common future, the head of the Center for International Energy Markets ERI RAS, Vyacheslav Kulagin, said in an interview with Vestnik Kavkaza, …

Southern Gas Corridor not competitor for Gazprom in Europe

Southern Gas Corridor not competitor for Gazprom in Europe

The Azerbaijani gas transport project Southern Gas Corridor is not a competitor to the Russian gas suppliers to Europe, energy experts said today in an interview with correspondents of Vestnik Kavkaza, commenting on recent insinuations in the mass ...

 TAP construction to start on May 17

TAP construction to start on May 17

The ceremony to mark the beginning of construction of the Trans Adriatic Adriatic Pipeline (TAP) will be held in Thessaloniki on May 17. The ceremony will be attended by prominent politicians and companies, as this is an important …

 SOCAR remains key gas supplier for Georgia

SOCAR remains key gas supplier for Georgia

The Azerbaijani state oil company SOCAR has signed an agreement with the Georgian government on additional supplies of Azerbaijani gas. The four documents were signed by the President of the State Oil Company of Azerbaijan, Rovnag …

 Date of second meeting on Southern Gas Corridor announced

Date of second meeting on Southern Gas Corridor announced

The second meeting of the Advisory Council on the Southern Gas Corridor is scheduled for February 29 in Baku. The first meeting of the Southern Gas Corridor Advisory Council was held on February 12 in Baku, the Ministry of Energy of Azerbaijan …

BP to increase number of wells in Shah Deniz field

BP to increase number of wells in Shah Deniz field

According to a source in the oil and gas market of Azerbaijan, three new wells are planned to be put into operation in the largest Azerbaijani gas condensate field Shah Deniz in the first half of 2016. He noted that the drilling plans …

Statoil to sell its TAP share for 208 million euros

Statoil to sell its TAP share for 208 million euros

Norway's Statoil will sell its interest in the Trans-Adriatic Pipeline (TAP) project to the Italian Snam company for 208 million euros, Statoil stated in its report. This amount is for 20% of Statoil’s share in TAP and its …

 Turkey to built TANAP faster

Turkey to built TANAP faster

Turkey will speed up the implementation of the Trans-Anatolian gas pipeline (TANAP). The new government to be formed in Turkey is expected to pay special attention to other energy projects, Trend reports with reference to the Turkish …