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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

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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

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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

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SOCAR: SGC project shareholders plan to raise extra $2B Energy

Trend: Shareholders of the Southern Gas Corridor (SGC) project plan to raise additional $2 billion from international finance institutions to fund the project, Rovnag Abdullayev, president of Azerbaijan’s state oil company SOCAR, told reporters April 2. Abdullayev said the funds are planned

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SGC to save Turkey from gas dependence on Russia Energy

SGC to save Turkey from gas dependence on Russia Trend: The Southern Gas Corridor (SGC) project will save Turkey from gas dependence on Russia, said Stephen Blank, senior fellow at the American Foreign Policy Council. He made the remarks addressing an event

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BP with partners invest $58B in Azerbaijan Energy

BP with partners invest $58B in Azerbaijan The British BP company and partners have invested $58 billion in Azerbaijan's projects over the period of its activity. The statement came from Bakhtiyar Aslanbayli, BP's regional vice president, said Apr. 25, Trend reports. He

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Southern Gas Corridor to attract about 7B dollar Energy

Southern Gas Corridor to attract about $7B The Southern Gas Corridor project, designed to supply Caspian gas to Europe, intends to attract investments worth $7 billion. The remark was made by Rovnag Abdullayev, President of Azerbaijan's state-owned energy company SOCAR on

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Baku to Allow Turkmen Gas into Tanap Energy

Baku to Allow Turkmen Gas into Tanap   Azerbaijan’s energy minister Natig Aliev says Baku and Ashgabat are negotiating a deal to enable Turkmenistan to supply gas to the European Union through the Southern Gas Corridor (SGC). “There are two pragmatic ways; first

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EBRD Mulls SGC Loan Energy

EBRD Mulls SGC Loan EBRD Mulls SGC Loan The European Bank for Reconstruction and Development (EBRD) is ready to support the southern gas corridor (SGC) project, its president Suma Chakrabarti told reporters in Baku May 25. Chakrabarti said the EBRD has firmly committed

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Caspian Overview: Azerbaijan Talks with Gazprom Energy

Caspian Overview: Azerbaijan Talks with Gazprom Azerbaijan’s energy monpoly Socar produced 5.4% less gas in the first five months of the year than in the same period of 2015. Output stood at 2.65bn m3, according to Socar’s latest figures, of

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Caspian Overview: Major Upstream Investment Approved Energy

Caspian Overview: Major Upstream Investment Approved   Kazakhstan and the Chevron-led consortium Tengiz Chevroil (TCO) approved on July 5 a $36.8bn plan to expand the giant Tengiz field, which has 45% of the country’s total production now. The sides plan to increase

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Caspian Overview: BP's Caspian Gas Energy

Caspian Overview: BP's Caspian Gas   Azerbaijan produced about 9.363bn m³ of commercial gas in the first half of this year, down 8.8% year-on-year, of which BP-operated fields counted 71.6%, a top energy official told NGE. BP is the operator of the Caspian Sea’s

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Socar Joins New Adriatic Pipe Project Energy

Socar Joins New Adriatic Pipe Project   Four western Balkans nations signed a memorandum of understanding with Azerbaijan state Socar on co-operation on building the Ionian Adriatic pipeline (IAP) on the sidelines of a Dubrovnik forum 25-26 August. The

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IIKSS Search

Socar Joins New Adriatic Pipe Project Energy

Socar Joins New Adriatic Pipe Project   Four western Balkans nations signed a memorandum of understanding with Azerbaijan state Socar on co-operation on building the Ionian Adriatic pipeline (IAP) on the sidelines of a Dubrovnik forum 25-26 August. The

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Caspian Overview: BP's Caspian Gas Energy

Caspian Overview: BP's Caspian Gas   Azerbaijan produced about 9.363bn m³ of commercial gas in the first half of this year, down 8.8% year-on-year, of which BP-operated fields counted 71.6%, a top energy official told NGE. BP is the operator of the Caspian Sea’s

read more

Caspian Overview: Major Upstream Investment Approved Energy

Caspian Overview: Major Upstream Investment Approved   Kazakhstan and the Chevron-led consortium Tengiz Chevroil (TCO) approved on July 5 a $36.8bn plan to expand the giant Tengiz field, which has 45% of the country’s total production now. The sides plan to increase

read more

Caspian Overview: Azerbaijan Talks with Gazprom Energy

Caspian Overview: Azerbaijan Talks with Gazprom Azerbaijan’s energy monpoly Socar produced 5.4% less gas in the first five months of the year than in the same period of 2015. Output stood at 2.65bn m3, according to Socar’s latest figures, of

read more

EBRD Mulls SGC Loan Energy

EBRD Mulls SGC Loan EBRD Mulls SGC Loan The European Bank for Reconstruction and Development (EBRD) is ready to support the southern gas corridor (SGC) project, its president Suma Chakrabarti told reporters in Baku May 25. Chakrabarti said the EBRD has firmly committed

read more

Baku to Allow Turkmen Gas into Tanap Energy

Baku to Allow Turkmen Gas into Tanap   Azerbaijan’s energy minister Natig Aliev says Baku and Ashgabat are negotiating a deal to enable Turkmenistan to supply gas to the European Union through the Southern Gas Corridor (SGC). “There are two pragmatic ways; first

read more

Southern Gas Corridor to attract about 7B dollar Energy

Southern Gas Corridor to attract about $7B The Southern Gas Corridor project, designed to supply Caspian gas to Europe, intends to attract investments worth $7 billion. The remark was made by Rovnag Abdullayev, President of Azerbaijan's state-owned energy company SOCAR on

read more

BP with partners invest $58B in Azerbaijan Energy

BP with partners invest $58B in Azerbaijan The British BP company and partners have invested $58 billion in Azerbaijan's projects over the period of its activity. The statement came from Bakhtiyar Aslanbayli, BP's regional vice president, said Apr. 25, Trend reports. He

read more

SGC to save Turkey from gas dependence on Russia Energy

SGC to save Turkey from gas dependence on Russia Trend: The Southern Gas Corridor (SGC) project will save Turkey from gas dependence on Russia, said Stephen Blank, senior fellow at the American Foreign Policy Council. He made the remarks addressing an event

read more

SOCAR: SGC project shareholders plan to raise extra $2B Energy

Trend: Shareholders of the Southern Gas Corridor (SGC) project plan to raise additional $2 billion from international finance institutions to fund the project, Rovnag Abdullayev, president of Azerbaijan’s state oil company SOCAR, told reporters April 2. Abdullayev said the funds are planned

read more

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

read more

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

read more

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

read more