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Potential Route for Iranian Gas Export to Georgia is Azerbaijan

Iranian Gas

Georgia can import Iranian gas through Azerbaijan, says Kakha Kaladze, Georgian deputy prime minister and minister of energy. Iran’s Shana news agency quoted Kaladze as saying Feb. 17 that there are two ways to import Iranian gas, “either through Azerbaijan or through Armenia”. He also said that Iran and Georgia …

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Turkish Company Gets $457m Contract from TANAP

Trans-Anatolian Natural Gas Pipeline Project

Tekfen Construction has won a supply and construction contract worth $457 million from the Trans-Anatolian Natural Gas Pipeline Project (TANAP) project, it said in a written statement, according to Hurriyet Daily News . The company will complete the project in 39 months. A total of 11 companies won the right to …

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Azerbaijan Increases Gas Supply to Georgia

Gas supply

Azerbaijan maximally increased daily gas supply to Georgia from Shah Deniz field, Mahir Mammadov, the head of SOCAR Energy Georgia, told news agency. “Before, seasonal deliveries varied from 1.5 million to 2.8 million cubic meters of gas per day, but now the upper limit increased up to 3.2 million cubic …

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Union of Oil Product Importers: Crude Oil Prices Keep Decreasing

oil

According to the January 15 report, the price of Brent crude oil at the London Stock Exchange (LSE) (ICE Futures Europe) marked 33.99 USD per barrel, while the price of Light Sweet oil at the New York Mercantile Exchange (NYMEX) constituted 29.76 USD per barrel. The current low prices are …

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Iran’s Gas Supply to Europe via Georgia Difficult, Expert Says

Iran’s Gas Supply to Europe via Georgia Difficult, Expert Says

Energy-rich Iran’s intention to export its gas to Europe and Georgia’s desire to be a transit country for delivering ‘blue fuel’ to European consumers has become the hot topic of recent days. Iranian Ambassador to Georgia Abbas Talebi-far has told Georgian media that Iran is ready to supply gas to …

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Georgia Launches Negotiations on Iranian Gas Delivery

Iran oil refinary

Another player may appear in Georgia’s energy market – this is Iran, capability of natural gas delivery from this country is already negotiated between Georgian and Iranian sides. The issue will be considered within the visit of Georgia’s Minister of Energy Kakha Kaladze to this country. Meanwhile, Vice Premier has …

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Europe Keeps Pushing for Diversification of Energy Sources

Europe Keeps Pushing for Diversification of Energy Sources

The European Commission keeps pushing for the diversification of energy sources, routes and suppliers, as well as encourages the emerging LNG market. European Commission Vice-President Maroš Šefčovič made the remark at the International Energy Agency in Paris, the Commission’s website reports. “We will continue discussions with third countries, in particular …

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Georgia to Become Gas Exporter to Europe

Georgia to Become Gas Exporter to Europe

Georgia will become a gas exporter in the next five years, said Steve Nicandros, chairman and chief executive officer of the International Oil and Gas Company Frontera Resources, which is engaged in the exploration and production of hydrocarbons in the Black Sea region. He made remarks at the Atlantic Council …

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BP expects gas output from Shah Deniz to remain high

BP expects gas output from Shah Deniz to remain high

BP expects production from Azerbaijani Shah Deniz field to continue at high level in 2016, BP’s Regional President for Azerbaijan, Georgia and Turkey, Gordon Birrell told in an interview to Natural Gas Europe. “Shah Deniz continues its good production delivery. In 2015, the field provided reliable deliveries of gas to …

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