Posted by Administrator on August 19, 2013 · Leave a Comment
Azerbaijan Economy in The First 7 Months of 2013; Brief Overview
CESD- Center for Economic and Social Development concluded its macro-economic survey results for the first 7 months of the year on August, 16, 2013. According to CESD survey, GDP Growth was 3, 8 % in the first seven months of 2013 meanwhile, the center’s price calculation results reached 3,17 % inflation rate in the same period.
State Statistics Committee of Azerbaijan, however, reported... Read More
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Posted by Administrator on July 23, 2013 · Leave a Comment
Azerbaijan Economy in The First Half of 2013; Brief Overview
CESD- Center for Economic and Social Development concluded its macro-economic survey results for the first half of year on July, 22, 2013. According to State Statistics Committee of Azerbaijan, oil production is in stabilization phase in Azerbaijan, now since the committee reported only 0,7 % decline in oil GDP. CESD calculations, however, show that oil GDP declined by 2,1 % in the indicated... Read More
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Posted by Administrator on June 28, 2013 · Leave a Comment
Why TAP?
CESD: TAP will contribute to EU Energy Security but Russian monopoly in Central and Eastern Europe will remain
BP and the State Oil Company of Azerbaijan signed an agreement to deliver Azerbaijan’s gas to Europe via the Trans-Adriatic Pipeline (TAP) rather than the competing Nabucco West project at the Four Seasons Hotel in Baku on June 28th, 2013
TAP is a consortium established by Norway’s Statoil (42.5%), Swiss’s Axpo (42.5%),... Read More
Filed under News · Tagged with 2013, Albania, and Albania, and German’s E.ON (15.0%) companies. It is a 800 km long pipeline that will deliver Azerbaijani gas through Georgia, and Montenegro will have an opportunity to benefit from the Shah Deniz gas, Azerbaijan, Azerbaijani Shah Deniz gas, Azerbaijan’s gas to Europe, Azeri gas export, Azeri gas export to EU, Azeri gas export to Europe, Bosnia and Herzegovina, BP, BP and the State Oil Company of Azerbaijan signed an agreement to deliver Azerbaijan’s gas to Europe via the Trans-Adriatic Pipeline (TAP) rather than the competing Nabucco West project at the Four Se, BP-Azerbaijan, bypass Russia Projects, Croatia, gas export bypass Russia, Greece, Nabucco, Nabucco West, Shah Deniz, Shah Deniz II, Shahdaniz consortium, Shahdaniz gas field, Slovenia, State Oil Company of Azerbaijan, Swiss’s Axpo (42.5%), TAP, TAP is a consortium established by Norway's Statoil (42.5%), to Italy. The pipeline will be connected to the internal network via Bulgaria. In addition, Trans Adriatic Pipeline (TAP), Turkey, under the Adriatic Sea, Why TAP? CESD: TAP will contribute to EU Energy Security but Russian monopoly in Central and Eastern Europe will remain
Posted by Administrator on June 27, 2013 · Leave a Comment
TAP Defeated Nabuco-West
The Shah-Deniz Consortium will announce the decision on the development of a pipeline to transport Shah-Deniz 2 natural gas to Europe on June 28, 2012. The BP-led group developing Azerbaijan’s vast gas reserves has chosen the Trans Adriatic Pipeline (Tap) via Greece to link to Europe, defeating the Nabucco West consortium, which had backed a route to Austria.
The project reflects a European Union push for alternatives... Read More
Filed under Featured · Tagged with Azerbaijan, Azeri gas, Azeri gas export, BP, Caspian Sea, E.ON Ruhrgas of Germany, European Union, European Union push for alternatives to Russian gas imports, Nabucco West consortium, Norway's Statoil, Shah Deniz consortium, Shah Deniz-2, Snam Rete Gas, SOCAR, Southern gas Corridor, Switzerland's Axpo, TAP Defeated Nabuco-West, The BP-led group, Trans Adriatic Pipeline (TAP), Trans Adriatic Pipeline (Tap) via Greece to link to Europe, transport Shah-Deniz 2 natural gas to Europe
Posted by Administrator on May 21, 2013 · Leave a Comment
Azerbaijan Economy in The First Four Months in 2013; Brief Overview
CESD- Center for Economic and Social Development concluded its macro-economic survey results for the first four months of year on May, 17, 2013. Independent calculated data show that decline in oil production and oil export was continued in the first four months of 2013. Meanwhile, the government reports also proof that decline in oil export continue in the same period of 2013. State... Read More
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Posted by Administrator on September 9, 2012 · Leave a Comment
Botas pays compensation to Azerbaijan for gas
The Turkish state pipeline company Botas paid Azerbaijan 186 million liras as part of its obligation on gas agreements signed on a ‘take or pay’ principle, Samanyoluhaber reports on Tuesday, citing sources in the Ministry of Energy and Natural Resources.
Botas also paid 1.4 billion liras for unwithdrawn gas to Russia, and 1.3 billion liras to Iran.
In 2011, the Turkish State Pipeline Company... Read More
Filed under News · Tagged with Azerbaijan, Azerbaijan gas export to Turkey, Azeri gas, Azeri gas export, Botas, compensation to Azerbaijan for gas, export price, gas, gas export, gas export to Turkey, gas price, price of Azerbaijani gas, price of Azeri gas, Russia, Turkey, Turkish State Pipeline Company Botas
Posted by Administrator on April 9, 2012 · Leave a Comment
EU’s position on South Corridor not changed
The position of the European Union on the South Corridor has not changed and we want to open this corridor as soon as possible. Head of the EU Representation in Azerbaijan Roland Kobia told the statement to journalists,Gun.Az reported.
He said that they didn’t wish any delays in that issue. “As for TANAP, we have seen no agreement yet but we hope that will issue will find its solution soon.... Read More
Posted by Administrator on March 30, 2012 · Leave a Comment
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... Read More
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