SOCAR: “only one route will be selected for transportation of Azerbaijani gas to Europe”

SOCAR: “only one route will be selected for transportation of Azerbaijani gas to Europe” The transportation of not only Shahdeniz gas, but other gases will be taken into consideration during selection of route for transportation of Azerbaijani gas to Europe, said the President of State Oil Company of Azerbaijan Rovnag Abdullayev. According to him, for this reason, Azerbaijan’s gas extraction program for future will be main during the selection of export route. Note that,... Read More

Is Total join to TANAP?

Is Total join to TANAP? French energy major company Total may join Azerbaijan-Turkish Trans-Anatolian pipeline project (TANAP), which will transport Azerbaijani gas from the eastern border of Turkey to the country’s western border, Bloomberg reported with the reference to Total E&P Azerbaijan general manager Christian Giudicelli. According to Giudicelli, Total was invited to take part in TANAP. “We are evaluating the Tanap proposal very seriously,” Giudicelli... Read More

Turkey pays for Azeri gas with 35 % less than market price

Turkey pays for Azeri gas with 35 % less than market price Turkey pays only % 280 per thousand cubic meter (tcm) to Azeri gas which is 2/3 of market price said CESD sources at State Oil Company of Azerbaijan Republic (SOCAR).  Why SOCAR still officially denies publicly announcing what price Turkey currently pays for Azeri gas, although gas agreement between Azerbaijan and Turkey signed a half year ago, is the low price paid by Ankara- CESD sources added. CESD sources also confirmed... Read More