Nigar Abbasova

Azerbaijan correspondent

Shah Deniz exports down by 11% in 2012

Exports of Azerbaijani gas under the first phase of the Shah Deniz development fell by 11.2% in 2012 to 4 billion cubic metres, the State Statistics Committee told Interfax on Wednesday.

23 January 2013

Shah Deniz shareholders sign Nabucco contracts

Four shareholders in the project to develop the Shah Deniz field – SOCAR, BP, Statoil and Total – have signed contracts with Nabucco Gas Pipeline International (NIC) on financing and investments a

21 January 2013

SOCAR Gaz Ticareti gets Turkish wholesale gas licence

SOCAR Gaz Ticareti, a joint venture (JV) between the State Oil Company of the Azerbaijani Republic (SOCAR) and Turkey's Cig Enerji, has received a 30-year licence to sell wholesale gas in Turkey, Turk

14 January 2013

TANAP price tag rises by $3 bln to $10 bln

The cost of building the Trans-Anatolian gas pipeline is set to rise by $3 billion, to a total of $10 billion, a Turkish newspaper said on Friday, citing Kenan Yavuz, chief executive of SOCAR-Türkiye

11 January 2013

Azerbaijani exports from Shah Deniz drop 12%

Exports of Azerbaijani gas under the first phase of the Shah Deniz project amounted to 3.6 billion cubic metres between January and November - 12.2% less year-on-year - the country's State Statistics Committee told Interfax on Tuesday.

18 December 2012

BP, Statoil may take 12% stakes in TANAP pipeline

SOCAR President Rovnag Abdullayev has told journalists that BP and Statoil may each receive 12% stakes in the TANAP pipeline project, which would reduce Europe’s reliance on Russian gas.

8 November 2012

LNG exports via AGRI could reach 8 bcm/y - Azerbaijan

Shipment of LNG through the Azerbaijan-Georgia-Romania Interconnector, which is planned to take gas from the Caspian region to Europe, could reach 8 billion cubic meters (bcm) per year, according to Azerbaijan’s energy ministry.

28 September 2012

Trans-Caspian project needs clear Turkmen stance – Azerbaijan

The Trans-Caspian pipeline project requires a clear stance from Turkmenistan as well as commitments by the European Union to buy all of the gas that will be transported, Azerbaijani Industry and Energy Minister Natik Aliyev said on Tuesday.

18 September 2012

Azerbaijan to up gas production 11% in 2012

Azerbaijan will produce 28.28 billion cubic meters of gas in 2012, or 11% more than last year, Vice- President of the State Oil Company of the Azerbaijani Republic (SOCAR) Hoshbakht Yusifzade told rep

2 February 2012

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