President of Azerbaijan Ilham Aliyev and Prime Minister of Albania Edi Rama, who is on an official visit to the country, have held a one-on-one meeting yesterday. Ilham Aliyev said that importance of the Southern Gas Corridor and Trans …
Azerbaijan’s role as an energy producing and exporting country has long been associated with hydrocarbons. Since 1994 and the signing of the “Contract of Century,” the country has embarked with its international partners on …
Southern Gas Corridor, which crosses six countries, stretches over 3500 km and costs 45$ billion, aims to increase and diversify European energy supply by bringing Azerbaijani gas to markets in Europe
Following the liberation of Azerbaijan’s occupied Nagorno-Karabakh region, Baku is now looking to ensure the uninterrupted supply of natural gas to Nakhchivan with a project to be carried out in cooperation with Turkey that foresees the pipeline being laid this year
Europe is sounding the alarm as the continent continues to grapple with its energy crisis, with gas extending record highs, in line with rallying energy markets. European electricity and gas prices have rocketed this year as tight …
The natural gas supplies through the Southern Gas Corridor pipeline would support European energy security for decades to come
TCP is intended to transport Central Asia’s vast natural gas resources to European energy markets via the Southern Gas Corridor
Nowadays, natural gas has become one of the important factors that lead to economic and social growth. Diversification of natural gas supplies and routes, securing access to energy-rich regions, and guaranteeing reliable gas exports to energy …
Since the collapse of the Soviet Union, crude oil and natural gas have been playing a key role in the geopolitics of the Caspian region. Hydrocarbon revenues became an important source of economic growth for the Caspian Basin countries such …
Central Asia possesses a significant role within the global geopolitical balance since it comprises numerous trade channels that link many businesses with millions of target customers from China to Portugal and vice-versa. Withal, by having abundant hydrocarbon potentials, the region offers tremendous opportunities to the global and local players,
Methane emissions reduction is key for Azerbaijan to maintain market access to European buyers
The trilateral statement signed by the president of the Republic of Azerbaijan, the prime minister of the Republic of Armenia and the president of the Russian Federation on November 10, 2020 is a fundamental document which determined to complete military operations and establish peace, security and cooperation in the region, political scientist Shabnam Hasanova writes for Eurasia Review
The new tentative deal will allow both countries to explore lucrative deposits of energy beneath the Caspian Sea
The Shah Deniz consortium today announced commencement of commercial gas deliveries to Europe from the Shah Deniz gas field in the Caspian Sea offshore Azerbaijan via the newly-completed Southern GasCorridor (SGC) pipeline system, accord to the …
Caspian output to reach Europe while Turkmenistan eyes supplier role, SOCAR says. In an interview with Nikkei Asia, SOCAR's vice president said "there are no obstacles left to build new pipelines in the Caspian Sea."
TAP is considered one of the most significant and strategic pipelines for enhancing the energy security of Europe
The EU has invested a lot in the region over the past years and the Nagorno-Karabakh conflict could easily make the investment worthless
The planned commissioning of the 10 Bcm a year Trans Adriatic Pipeline (TAP) has not been affected by the escalation of the armed conflict between Armenia and Azerbaijan over Nagorno-Karabakh, Azerbaijan's state oil company SOCAR said. …
The crude oil price has a small knee-jerk reaction to the news of the conflict but that move will be very short-lived
The progress in the implementation of the Trans Adriatic Pipeline (TAP) is 93.5% as of late February, according to TAP AG consortium. It was noted that every day hundreds of meters of TAP’s Right of Way are cleared, strung, …
