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’s position on South Corridor ‘not changed

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

Is Total join to TANAP?

Is Total join to TANAP? French energy major company Total may join Azerbaijan-Turkish Trans-Anatolian pipeline project (TANAP), which will transport Azerbaijani gas from the eastern border of Turkey to the country’s western border, Bloomberg reported with the reference to Total E&P Azerbaijan general manager Christian Giudicelli. According to Giudicelli, Total was invited to take part in TANAP. “We are evaluating the Tanap proposal... Read More

EU wants ambitious and long-term solution to Southern Gas Corridor

EU wants ambitious and long-term solution to Southern Gas Corridor The European Union wants an ambitious and long-term solution to the Southern Gas Corridor and wants to see unified transportation framework for the shipping the Shah Deniz-2 gas, off other prospective Azerbaijani gas and eventually also Turkmen gas in the future, head of the EU delegation to Azerbaijan, Ambassador Roland Kobia said at a press conference in Baku on March, 06, 2012. Kobia... 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

Field glitch halts Shahdaniz gas exports

Field glitch halts Shahdaniz gas exports Azerbaijan stopped shipping gas to Turkey from its giant Shahdaniz gas field in the Caspian Sea, where production was halted on Monday because of a glitch during maintenance works, a spokeswoman for the field operator said on February, 09, 2012. “Shahdaniz gas field was completely shut last night during planned repair works on the platform’s electricity supply system,” BP Azerbaijan spokeswoman... Read More

BP to complete drilling Shahdaniz appraisal well by mid-2012

BP to complete drilling Shahdaniz appraisal well by mid-2012 BP, the technical operator of Azerbaijan’s giant Shahdaniz gas field in the Caspian Sea, will complete the drilling of SDX-07a appraisal well by mid-2012, an energy market source told Trend news agency. The drilling of this well is carried out in the frame of the second stage of Shahdaniz development. The source said a new borehole is being drilled in “a normal mode”, and the current... Read More

Is there optimism for Nabucco?

Is there optimism for Nabucco? The Nabucco project is optimistic about a decision by the consortium developing Azerbaijan’s Shahdaniz gas field to select a pipeline for Azerbaijani gas exports to Europe, Nabucco Gas Pipeline International GmbH Managing Director Reinhard Mitschek said in an interview with the Baku-based Trend news agency. “We are optimistic that the partners in the Shahdaniz consortium will make a decision as soon as possible,”... Read More