Transneft

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Transneft freezes Makhachkala-Baku pipeline section

Transneft has turned off the Makhachkala-Baku section of the Baku-Novorossiysk Pipeline, said spokesman of the company Igor Demin, ITAR-TASS reports.He noted that the State Oil Company of the Azerbaijan Republic (SOCAR) had not started …

Vagit Alekperov: “The state should get out of property” (Part 2)

Vagit Alekperov: “The state should get out of property” (Part 2)

Channel OnePozner: The program "Pozner" is on air. The guest of the program is the founder and president of Russia's largest private oil company “Lukoil”, Vagit Alekperov. Good afternoon, Vahid Yusupovich. Pozner: You have said you are in a dialogue with the authorities. Please tell us, does a share of LUKoil belong to the state? Alekperov: Today it doesn’t. The last share was sold in 2004. 

SOCAR president gives details on cooperation with Rosneft

SOCAR president gives details on cooperation with Rosneft

Rovnag Abdullayev, President of the State Oil Company of the Azerbaijan Republic (SOCAR), said that the company was planning reverse oil pumping through the Baku-Novorossiysk Pipeline (Russia will pump Urals oil to Azerbaijan) and was considering partial transportation of Russian oil through the Baku-Tbilisi-Ceyhan Pipeline for European refineries involving Rosneft.

Rosneft to participate in Absheron gas project

Rosneft to participate in Absheron gas project

Rosneft President Igor Sechin discussed participation in development of the Absheron project in the Caspian Sea with Azerbaijani President Ilham Aliyev in Baku. Total (France) officials attended the talks as well. Russian President Vladimir Putin will be escorted by presidents of Rosneft, Transneft and LUKOIL during his visit to Azerbaijan in August.

Baku-Novorossiysk Pipeline transfers Turkmen oil

Transneft spokesman Igor Dyomin said that the Baku-Novorossiysk Pipeline transferred the first portion of Turkmen oil delivered to the Makhachkala Port.Russian Prime Minister Dmitry Medvedev signed the order denouncing the Russian-Azerbaijani agreement on oil transfer in May, allowing Turkmen oil to be transferred.

Transneft ready to discuss oil transfers with Azerbaijan

Transneft ready to discuss oil transfers with Azerbaijan

 Transneft spokesman Igor Dyomin said that the company started talks on oil transfers with Azerbaijan. The quality of oil was not a topic included in the discussions.The Baku-Novorossiysk pipeline needs a volume of 5 million tons of oil annually to operate without losses. 3-4 million tons of oil will consist of heavy Caspian oil, mainly from Kazakhstan. It would reduce costs for transfer of Azerbaijani oil.Russian Prime Minister Dmitry Medvedev ended transfers of Azerbaijani through the pipeline in May. 

Azerbaijan and Russia discuss oil transfers

 Rovnag Abdullayev, President of the State Oil Company of the Azerbaijan Republic (SOCAR), said that specialists of his company and Russia’s Transneft, managing company of the Russian pipeline system, were negotiating transit of Azerbaijani oil through Russia.

Azerbaijan proposes reversing Baku-Novorossiysk Pipeline

Azerbaijan proposes reversing Baku-Novorossiysk Pipeline

 President of the State Oil Company of the Azerbaijan Republic (SOCAR) Rovnag Abdullayev will propose reversing the Baku-Novorossiysk Pipeline. Transneft (Russia) said that oil transfer through the pipeline will continue, despite expiration of the deal on transit of Azerbaijani oil.

Russian-Azerbaijani deal for oil transfer expires

Russian-Azerbaijani deal for oil transfer expires

 Russian Prime Minister Dmitry Medvedev signed the order on expiration of the Russian-Azerbaijani deal on oil transit of Azerbaijan through Russia using the Baku-Novorossiysk Pupeline.

Turkey to freeze Samsun-Ceyhan project

Turkey to freeze Samsun-Ceyhan project

Çalık Holding (Turkey) will find a new partner to replace Eni (Italy) for construction of the Samsun-Ceyhan pipeline, a project to connect the coast of the Black and Mediterranean Seas. Turkish Minister for Energy and Natural Resources Taner Yildiz said that the project will be frozen, unless such partner is found.

"Transneft" does not negotiate with Azerbaijan on transit of Iranian oil

"Transneft" does not negotiate with Azerbaijan on transit of Iranian oil

"Transneft" is not negotiating with Azerbaijan on the possible transit of Iranian oil through the territory of Russian Federation, ITAR-TASS reports citing the official spokesman of the company, Igor Demin.According to him, "Transneft" is interested in increasing the transit of oil via Baku-Novorossiysk pipeline, but the question of the Iranian transit is not being discussed.

Deal on Baku-Novorossiysk Oil Pipeline will see changes this year

Deal on Baku-Novorossiysk Oil Pipeline will see changes this year

The intergovernmental deal on the Baku-Novorossiysk Oil Pipeline will have adjustments introduced this year, as stated by Mikhail Pleshkin, Deputy Director of the Department for International Cooperation of the Russian Energy Ministry, Trend reports.The deputy director attended the round-table conference on joint Russian-Azerbaijani energy projects at the third Azerbaijani-Russian interregional forum Russian-Azerbaijani Dialogue-2012.

Pipeline reconstruction at Losiny Ostrov will not affect fuel prices

Restoration of the Yaroslavl-Moscow Pipeline at the Losiny Ostrov National Park will not affect fuel supplies, Gazeta.ru reports. Oil pumping to the Moscow refinery will stop for only two days. The Energy Ministry said that there is enough supply of fuel for about 10 days.