UK supporting implementation of Southern Gas Corridor Energy
By Rufiz Hafizoglu – Trend: The UK fully supports the implementation of the Southern Gas Corridor (SGC) project, the country’s ambassador to Turkey Richard Moore said, Turkish TGRT TV channel reported March 1. The diplomat noted that the SGC project will ensure
Southern Gas Corridor vital for EU’s energy strategy – Mogherini Energy
By Seba Aghayeva – Trend: The implementation of the Southern Gas Corridor (SGC) project, envisaging Azerbaijani gas supply to Europe, is vital for EU’s energy strategy, said Federica Mogherini, the EU’s high representative for foreign affairs and security policy. The SGC ensures
TANAP’s construction – impetus to other energy projects, says Turkish minister Energy
By Azad Hasanli - Trend: The implementation of the Trans-Anatolian Natural Gas Pipeline (TANAP) project gave considerable impetus to the implementation of other energy projects, Turkish Minister of Energy and Natural Resources Berat Albayrak said. He made the remarks during the second
EU supports SGC as it allows to diversify gas supply, routes Energy
Elena Kosolapova – Trend: The Southern Gas Corridor project, which envisages transportation of the Azerbaijani gas to Europe, has enjoyed strong political support from the EU as it is seen as allowing for diversification of supplies and routes, as it would
Once more on the Trans-Caspian Gas Pipeline Energy
Diplomatic attention has intensified on the project of the Trans-Caspian Gas Pipeline (TCGP) while both obstacles to and incentives for its realization increase. Turkmenistan's commitment to the project may be inferred from the finally completed construction of its East-West Pipeline
Azerbaijan’s gas reserves enough to fill Southern Gas Corridor, energy minister says Energy
By Maksim Tsurkov – Trend: Azerbaijan’s gas reserves are quite enough to fill Southern Gas Corridor (SGC), Natiq Aliyev, Azerbaijani energy minister, said in an interview with Natural Gas Europe. He said that the project is designed to export Shah Deniz gas
Italy supports TAP project’s quick implementation, says ex-FM Energy
By Anakhanum Hidayatova – Trend: Italy supports the quick implementation of construction project of the Trans Adriatic Pipeline (TAP), which will connect Azerbaijan through Turkey and Albania with Greece and Italy, Franco Frattini, Italy’s ex-foreign minister, told reporters March 10 in
Southern Gas Corridor has means of moving beyond pipeline politics Energy
By Aygun Badalova, Elena Kosolapova - Trend: 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. “The
Fitch: Southern Gas Corridor’s capex to be close to $8.4B until 2020 Energy
By Maksim Tsurkov – Trend: The Southern Gas Corridor project’s (SGC) net financial needs for operations and capex will be close to $8.4 billion in 2016-2019, said the message of the international ratings agency Fitch Ratings on March 17.
Sefcovic: ТАР to boost competitiveness, job creation and growth Energy
By Aygun Badalova - Trend: Construction of the Trans Adriatic Pipeline (TAP) will not only contribute to energy security, but also will increase competitiveness, boost job creation and growth, Maros Sefcovic, the European Commission’s vice-president for Energy Union, said in an
Fitch says SGC’s capex to hit $8.4B until 2020 Energy
Fitch says SGC’s capex to hit $8.4B until 2020 18 March 2016, 11:20 (GMT+04:00) <iframe
Transportation Of Compressed Natural Gas Across Caspian Sea: Pros And Cons – Analysis Energy
By Prof. Dr. Rovshan Ibrahimov* Dr. Vassilios Sitaras recently published a policy brief for CCEE titled “Transporting Gas Across the Caspian: A New Option”, proposing an alternative method for delivering natural gas from Turkmenistan across the Caspian Sea to Azerbaijan and
Terms of bond issuance for Southern Gas Corridor defined Energy
By Anvar Mammadov – Trend: Azerbaijan's Southern Gas Corridor Company has released initial price thoughts for a ten-year bond at seven percent yield area, Global Capital agency reported. Depending on market conditions, the SGC's bond offering under the state guarantee is forecasted
Azerbaijani gas price for Europe to be set on Turkish border – IAEE Energy
By Maksim Tsurkov - Trend: Azerbaijani gas price for European countries will be set on the Turkish border, Milliyet newspaper reported citing Gurkan Kumbaroglu, president of the International Association for Energy Economics (IAEE). He said Turkey can play a key role in
Greece sees TAP as major investment, significant geopolitical tool Energy
The Trans-Adriatic Pipeline, a part of the Azerbaijan-initiated giant Southern Gas Corridor, is not just a major investment for Greece, but also a significant geopolitical tool for this country. Such a remark was made by TAP's country Manager for Greece, Rikard
Albanian President: "I am optimistic about timely implementation of TAP" Energy
AZERTAC "I am optimistic about timely implementation of Trans Adriatic Pipeline (TAP)," Albanian President Bujar Nishani told journalists. "TAP, a 878km gas pipeline that will transport 10bn cubic metres of Azerbaijani gas from the Greek-Turkish border to Italy through Albania, is a
Georgia developing close relations with Azerbaijan Political and military events
Trend: Georgian President Giorgi Margvelashvili has met with President of the Rumsfeld Foundation and former US Secretary of Defense Donald Rumsfeld within the framework of the working visit to the US, the website Georgia Online reported. At the meeting, Margvelashvili said in
Two reasons for Moscow to resume South Stream project Energy
By Elena Kosolapova - Trend: Despite the fact that the European Union is ready to resume talks with Russia over the South Stream gas pipeline, the project should fully comply with the rules of the Third Energy Package, independent European
Azerbaijan achieves milestones in energy policy in Q1 2016 Energy
Azerbaijan achieves milestones in energy policy in Q1 2016 The energy policy of Azerbaijan, which has turned into one of the main guarantors of Europe’s energy security, recorded important achievements and milestones of historical significance in the first quarter of 2016. Energy
Azerbaijan's nimble gas plans Energy
Azerbaijan's nimble gas plans Azerbaijan, a key energy player in Eurasia, today is completely successful country both in terms of production and in terms of transportation of energy resources, and the country is committed to make great strides to boost
EPP concerned about EU Commission’s role in Southern Gas Corridor project Energy
EPP concerned about EU Commission’s role in Southern Gas Corridor project The president of the centre-right European Peoples' Party (EPP), the largest group in the European Parliament, Manfred Weber has sent a letter to Energy Commissioner Miguel Arias Cañete and
US, EU support Southern Gas Corridor Energy
US, EU support Southern Gas Corridor US-EU Energy Council reiterated its strong support for the opening of the Southern Gas Corridor, including the construction of the Trans-Adriatic Pipeline (TAP), said in a statement of the US-EU Energy Council. Council underscored the
EC slams Nord Stream-2, reaffirms commitment to Southern Gas Corridor Investment
EC slams Nord Stream-2, reaffirms commitment to Southern Gas Corridor The European Commission once again made clear its position on the Russia's Nord Stream-2 gas pipeline project, saying that it must fully comply with the European legislation. European Commission's
Azerbaijan’s SOCAR drilling new well in Caspian Sea Energy
Azerbaijan’s SOCAR drilling new well in Caspian Sea The Integrated Drilling Trust of Azerbaijan's State Oil Company (SOCAR) has started to drill a new well at the Bulla Deniz offshore field, read a message posted on SOCAR's website. The well #78
President Ilham Aliyev attended the opening of Caspian Oil & Gas Exhibition 2016 Energy
President Ilham Aliyev attended the opening of Caspian Oil & Gas Exhibition 2016 President of the Republic of Azerbaijan Ilham Aliyev has attended the opening of the 23rd International Caspian Oil & Gas Exhibition and Conference and the 6th
Southern Gas Corridor to create 30,000 new jobs Investment
Southern Gas Corridor to create 30,000 new jobs The Southern Gas Corridor is one of the priority energy projects for the EU. “A complex gas pipeline infrastructure will be created in Europe and a number of countries will be provided with
Good moment for Turkey to diversify its gas sources - expert Energy
By Elena Kosolapova – Trend: Turkey now has an appropriate moment to diversify its gas sources, senior fellow in Energy Policy at the Center for Eastern Studies in Warsaw, Agata Loskot-Strachota believes. “Currently it is quite a good moment to look for
Azerbaijan realizes 45.5 percent of its SGC financing obligations Energy
Azerbaijan realizes 45.5 percent of its SGC financing obligations Azerbaijan is fully committed to invest in Southern Gas Corridor (SGC), including the Shah Deniz-2 project, and continues to meet its financial obligations on time, SGC Co CEO Afgan Isaev told Natural
Azerbaijan to enhance its role in forming energy corridors Energy
Azerbaijan to enhance its role in forming energy corridors The Southern Gas Corridor (SGC) project will enhance Azerbaijan’s role in forming eastern and western energy corridors. Deputy Energy Minister Natig Abbasov made the remarks at the first Eurasian Conference
SOCAR: Total may start drilling at Absheron field in mid-2017 Energy
SOCAR: Total may start drilling at Absheron field in mid-2017 French company Total may start drilling the first well at the Azerbaijani gas field Absheron in mid-2017, Rovnag Abdullayev, head of the Azerbaijani state oil company SOCAR, told reporters in
Another evidence of importance of Azerbaijani gas project Energy
IIKSS - The importance of Southern Gas Corridor project, initiated by Azerbaijan and initially envisaging the Caspian gas supplies to Europe today is not realized only by people who are not well-informed and have no interest in the
Fire at Azerbaijani gas pipeline extinguished Energy
IIKSS - The fire that broke out following an explosion at a gas pipeline in Sangachal settlement, Azerbaijan’s Garadagh district on Monday morning has been extinguished, the country’s Ministry of Emergency Situations informed. A fire erupted after an
TANAP important for Turkey to reduce dependence on Russia, says Azeri minister Energy
IIKSS- The Trans-Anatolian Natural Gas Pipeline (TANAP) project is important, especially for Turkey, Georgia and European countries, as it will reduce dependence on other gas resources from places such as Russia, according to Azerbaijan’s energy minister. “The TANAP
President: relations between Turkey and Azerbaijan at highest level Political and military events
The relations between Turkey and Azerbaijan are at the highest level, the Turkish President Recep Tayyip Erdogan said, the Turkish media reported October 1. Erdogan noted that the relations between Baku and Ankara are developing in all spheres. He
Gazprom, SOCAR mull issues of gas supply to Azerbaijan Energy
Russian company Gazprom and the Azerbaijani state oil company SOCAR discussed the issues concerning gas supplies to Azerbaijan. These issues were discussed during the meeting between Chairman of the Board of Gazprom Alexey Miller and SOCAR President Rovnag Abdullayev,