TAP Defeated Nabuco-West

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

Is TAP only realistic option for Azerbaijan’s gas supply?

Is TAP only realistic option for Azerbaijan’s gas supply? Trans Adriatic Pipeline (TAP) provides the only commercially and strategically realistic option of enabling gas to reach the South Eastern Europe (SEE) markets, TAP External Affairs and Communications Director, Michael Hoffmann said in interview to Natural Gas Europe. “It is important that the SEE region is well prepared in the event of a disruption in gas supply,” Hoffmann... Read More

Shah Deniz 2 gas project starts officially

Shah Deniz 2 gas project starts officially The consortium developing Azerbaijan’s giant Shah Deniz gas field has announced the start of Front End Engineering and Design for the second stage of the project. The announcement of the important milestone was not accompanied by an announcement of the chosen route to export Shah Deniz 2 gas from the Turkish border to Europe. The three bidders still in the running to export Shah Deniz 2 gas will now... Read More

Energy Security is Priority for EU

Energy Security is Priority for EU The EU envoy in Baku has said that a new route to export Azerbaijani gas to Europe should be based on commercial and strategic concerns. As the deadline nears for the announcement of the export route chosen by the consortium developing Azerbaijan’s giant Shah Deniz II gas field, the head of the EU office in Baku, Roland Kobia, urged the consortium not to delay their choice, Interfax-Azerbaijan reported.   “A... Read More

Will Nabucco gas pipeline be downsized?

Will Nabucco gas pipeline be downsized? The Nabucco consortium is considering a much smaller project than the originally planned pipeline to carry Caspian natural gas to Europe, bowing to the reality of low gas amounts available at the moment in the region, according to people familiar with the situation, The Wall Street Journal reported. Nabucco’s original project was a 3,900 kilometer-long natural-gas pipeline running from the eastern Turkish... Read More

Nabucco consortium continues supporting project’s original conception

Nabucco consortium continues supporting project’s original conception Nabucco consortium continues supporting the project’s original conception, which envisages the construction of the pipeline from Turkey’s eastern borders to Austrian Baumgarten, Reinhard Mitschek, Managing Director, Nabucco Gas Pipeline International told Trend. “The Nabucco concept, whereby the pipeline travels from the Eastern borders of Turkey to Baumgarten... Read More

Shah Deniz-2 drilling plans announced

Shah Deniz-2 drilling plans announced Drillings of new test wells and boreholes as part of the second stage of the Azerbaijani Shah Deniz offshore gas condensate field development is not allowed until authorisation of the second phase, a source in the oil and gas market told Trend news agency on Monday. Currently work on the SDX-07а test well drilling is being carried out, the source said. “The second phase involves a multi-billion dollar... Read More