Why TAP?

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

EU expects decision on trans-Caspian pipeline by June

EU expects decision on trans-Caspian pipeline by June A final decision on whether to go ahead with the trans-Caspian pipeline project may be made in June, EU Energy Commissioner Gunther Oettinger told Russian Interfax news agency. Oettinger said the negotiations between the European Commission and Turkmen and Azerbaijani officials were “intensive” yet “constructive”. He added that the next meeting on the project will take place... Read More