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SOCAR Discloses Russian Gas Procurement Volumes

GAS Socar

SOCAR is negotiating with the Russian Gazprom company and Iran to purchase three billion cubic meters of gas annually, Rovnag Abdullayev, SOCAR president, told reporters March 14. “There is still interest in purchasing Russian gas,” he said. “We conveyed Gazprom our suggestion. We need gas for injecting into the reservoirs …

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Southern Gas Corridor To Remain Active for 50-60 Years

The revenues of Shah Deniz -2 and Southern Gas Corridor projects will exceed the expenditures by 2028-2030, Azerbaijan’s Energy Minister Natig Aliyev said in an interview with Natural Gas Europe. Azerbaijan eyes Shah Deniz, TANAP and TAP as a united project, he added. “The capital expenditure on Shah Deniz -2 …

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Southern Gas Corridor Has Means of Moving Beyond Pipeline Politics

The Southern Gas Corridor, which proposes gas supplies from the Caspian region to Europe, is an essential project and must be supported, the British Transatlantic and Caucasus Studies Institute director Ziba Norman told Trend news agency. “The Southern Gas Corridor and the diversification of supplies it offers to the EU …

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No Problem With Southern Gas Corridor’s Financing, Minister Says

No Problem With Southern Gas Corridor's Financing, Minister Says

There is no problem with financing of the Azerbaijan-initiated Southern Gas Corridor project, which envisages the transportation of the Shah Deniz 2 gas to European consumers. Azerbaijan’s Energy Minister Natig Aliyev said during a panel discussion titled “The future of energy, the future of global governance” within the framework of …

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SOCAR’s New Service Center Opened in Tbilisi

Kaladze Socar

The President of Azerbaijan’s state oil company SOCAR Rovnag Abdullayev attended the opening of a new service center of SOCAR Georgia Petroleum in Tbilisi, said SOCAR’s message. The service center was opened in the Vake district – center of Tbilisi. The modern interior design is intended to create the most …

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Georgia Will Get Additional Gas And Lower Tariffs From SOCAR

Georgia Will Get Additional Gas And Lower Tariffs From SOCAR

Energy Minister Kakha Kaladze and Rovnag Abdullayev, President of “SOCAR” have approved amended memorandum, signed in December, 2011 between Georgian government and company SOCAR. However, amendments have been made to the document signed between “Georgian Oil and Gas Corporation” and LLC “SOCAR GAS Export-Importer” and an agreement made “on Natural …

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TANAP Benefits from Freezing Turkish Stream – CEO

TANAP

Freezing of the Turkish Stream project, lobbied by Russia, increases the significance of the Trans-Anatolian Natural Gas Pipeline project, Saltuk Duzyol, CEO of TANAP consortium, said in an interview with Trend news agency. Turkey’s Petroleum Pipeline Corporation (BOTAS) expects to receive the first volumes of Azerbaijani gas to be produced …

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European Commission Approves Greece-TAP Deal

European Commission Approves Greece-TAP Deal

The European Commission approved the Host Government Agreement between Greece and the Trans Adriatic Pipeline (TAP), allowing the new gas pipeline to enter Europe, the Commission said on its website March 3. The agreement sets out how TAP will construct and operate the pipeline and defines the respective obligations of …

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