Why Statoil leaves the TAP?

Why Statoil leaves the TAP? Statoil is to sell its 20-percent stake in the Trans Adriatic Gas Pipeline (TAP) project that will carry gas from Azerbaijan to Europe, the president of Azeri state energy firm SOCAR said. According to the SOCAR, Statoil has decided to leave the TAP project completely, and there is a company which is ready to buy its stake. CESD underlines that selling of Statoil’s 20 percent stake is not a good news for the Southern... Read More

New economic window for Baku-Ankara cooperation

New economic window for Baku-Ankara cooperation The energy cooperation is one of the core issues in bilateral relations of Azerbaijan and Turkey. The implementation of joint energy projects, such as TANAP, Baku-Tbilisi-Kars railway project is highly important in this regard. Turkey’s high-ranking official put an end to rumors in Baku that Turkish Stream, Ankara’s joint project with Moscow, will compete with TANAP, Azerbaijan’s brainchild project. During... Read More

The Winner is TAP: The EU’s Failed Policy in the South Caucasus

The Winner is TAP: The EU’s Failed Policy in the South Caucasus Istituto Affari Internazionali, one of leading Italian think tanks have recently distributed article on the selection of Trans-Adriatic Pipeline (TAP) which titled as “The Winner is TAP: The EU’s Failed Policy in the South Caucasus ” where cited CESD reports. The article analyzed main reasons of the selection of TAP and what extent the EU has truly met these goals Download Full... Read More

Construction of TAP gas pipe for export of Azeri gas to Europe to commence only in 2015

Construction of TAP gas pipe for export of Azeri gas to Europe to commence only in 2015 Final investment decision expected in 2013 on framework of full-scale development of Shah Deniz (SD FFD) will not accelerate construction of Trans-Adriatic gas pipe line (TAP pipeline) at all, selected for export of Azeri gas to Europe. The Consortium for Construction of TAP pipeline states that, laying of pipeline is scheduled to start in 2015, in order to provide... Read More

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

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

Azerbaijan takes every effort for implementation of TAP

Azerbaijan takes every effort for implementation of TAP – Turkish Premier Azerbaijan is doing everything possible for the implementation of the Transadriatic gas pipeline. The statement came from Turkish Premier Recep Tayyip Erdogan by results of the meeting with his Albanian counterpart Sali Berisha in Ankara. According to Turkish mass media, the premier said that Turkey also supports this project. “As is known, gas via Turkey goes to Georgia... Read More

BP; “Shah Deniz 2” is very important for Europe

BP; “Shah Deniz 2” is very important for Europe zerbaijani Shah Deniz gas condensate field development is a long-term project with an important role for the European market and a positive impact in terms of energy security, BP’s Vice President for Shah Deniz Full Field Development Alasdair Cook told in interview to Natural Gas Europe. “Shah Deniz 2 is the biggest gas discovery BP has ever made and I am certain that production... Read More

Opportunities to supply gas to Europe

Opportunities to supply gas to Europe Azerbaijan has all opportunities for supplying gas to Europe, the Foreign Affairs Minister of Azerbaijan Elmar Mammadyarov said in an interview to the Wall Street Journal. He explained that one idea to bring his country’s gas to Europe is to build a dedicated pipeline across Turkey to the border with the EU. It would then split up in two branches, one toward Greece and one to Bulgaria, where it would split... Read More

EU to welcome any decision by Shah Deniz consortium

EU to welcome any decision by Shah Deniz consortium The European Commission will welcome any decision by the consortium of Azerbaijani Shah Deniz gas condensate field development for the selection of the pipeline route, EU Commissioner for Energy Günther Oettinger said at the Edison event in Brussels. Oettinger said the first success of Southern gas Corridor policy will come when Shah Deniz consortium names its preferred pipeline option for their... Read More

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