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

BTC pumped 32m tons of Azeri oil in 2011

BTC pumped 32m tons of Azeri oil in 2011 The Baku-Tbilisi-Ceyhan (BTC) oil pipeline transported more than 32.22 million tons of Azerbaijani oil in 2011, down from 37 million tons reported in 2010, the state oil company Socar said Monday. In December alone, over 2.16 million tons of crude were pumped via the pipeline, which pumps oil produced from Azerbaijan’s Azeri-Chirag-Gunashli (ACG) block of fields in the Caspian Sea and condensate from the... 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

TAP open for shareholders in Shah Deniz consortium

TAP open for shareholders in Shah Deniz consortium Trans Adriatic Pipeline (TAP) project is open to shareholders in consortium of Azerbaijani Shah Deniz gas condensate field development, Managing Director of Trans Adriatic Pipeline AG, Kjetil Tungland told to leading European think-tank Friends of Europe in an interview. “We continue to remain open to other potential shareholders in Shah Deniz consortium including SOCAR, BP, and Total,”... Read More

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