BP reports about developments around Shah Deniz – 2

BP reports about developments around Shah Deniz – 2 Major steps will be taken in the near future to ensure the supply of gas from the Shah Deniz 2 field to Turkey and its subsequent transport to Europe, the newly appointed representative of the British BP in Turkey Bud Fackrell, who is also responsible for the activities of BP Turkey in Azerbaijan and Georgia said, newspaper Milliyet wrote on Friday. This week, BP announced its preliminary engineering and design work in... Read More

Azerbaijan’s oil export in the first three months of 2012

Azerbaijan’s oil export in the first three months of 2012 Azerbaijan exported 9,274,000 tonnes of oil in January-March 2012. According to the State Customs Committee of Azerbaijan, of this amount 5,978,000 tonnes of oil worth $5,019,000,000 were exported by customs declarations. Of the overall volume of export, 489,017 tonnes were exported by the Baku-Novorossiysk pipeline, 1,095,000 tonnes by the Baku-Supsa pipeline. The BTC pipeline exported 7,442,000 tonnes of oil in the... Read More

Eurovision 2012: Looking for the Payoff

Eurovision 2012: Looking for the Payoff In February 2012, Azerbaijani cabinet ministers announced the official state budget for expenses related to Azerbaijan’s hosting of the Eurovision song contest, which will begin May 26. The budget, composed mainly of construction costs of new centers for Eurovision, is approximately 50 million AZN, which is roughly US $63.5 million. $63.5 million tops what is believed to have been the most expensive Eurovision hosting to date—Eurovision... Read More