Huge Decline in Oil Export

Huge Decline in Oil Export Baku-Tbilisi-Ceyhan pipeline exported 27,327 million tons of oil in the first eleven months of 2012. Compared to January-September 2011, exports decreased by 2,73 m tons, according to SOCAR. In January, exports amounted to 2,7m tons, in February -2,45m tons, in March – 2,7m tons, in April – 2,3m tons, in May – 2,801m tons, in June – 2,732m tons, in July – 2,12m tons, in August – 2,367m tons, in September –... Read More

Azeri oil export by BTC pipeline Decreased

Azeri oil export by BTC pipeline Decreased The Baku-Tbilisi-Ceyhan pipeline exported 20,7 million ton of oil in January-August.  According to sources in the State Oil Company of Azerbaijan, this is a drop of 2,1 million ton over January-August 2011. Export made 2,7 million ton in January, 2,5 million ton in February,  2,7 million ton in March, 2,3 million ton in April, 2,8 million ton in May, 2,7 million ton in June, 2,1 million  ton in July, 2,7... Read More

BP seeks stake in pipeline to export Azerbaijani gas

BP seeks stake in pipeline to export Azerbaijani gas BP is interested in acquiring a significant share in the Trans Adriatic Pipeline (TAP) or Nabucco-West pipeline projects seeking to supply Azerbaijani gas to Europe, the company`s vice-president for development of Azerbaijan`s Shah Deniz gas field, Al Cook, was quoted as saying by Argus Media, a UK-based independent provider of market data and business intelligence. In late June, the consortium... Read More