Shah Deniz

New drilling rig in Azerbaijan

New drilling rig in Azerbaijan

Ilham Aliyev: "Foreign companies invest in Azerbaijan, but this facility was invested by Azerbaijani state"

Azerbaijan: racing to develop natural gas potential

Azerbaijan: racing to develop natural gas potential

Azerbaijan will be focused on the Shah Deniz field and the Southern Gas Corridor initiative

Gulmira Rzayeva: Azerbaijan will ensure Europe#039s energy security for many years to come

Gulmira Rzayeva: "Azerbaijan will ensure Europe's energy security for many years to come"

Energy expert of the Strategic Studies Center under Azerbaijani President on the future of the Southern Gas Corridor and the development prospects of European and Turkish gas markets

Azerbaijan eyes more gas, less oil

Azerbaijan eyes more gas, less oil

It is expected more than 10 bn m3 of gas to be produced from Shah Deniz-1 in 2017

Azerbaijan#039s economic priorities for 2017

Azerbaijan's economic priorities for 2017

Azerbaijan’s success today is an outcome of comprehensive, specific and targeted efforts of the past few years

SOCAR grows overseas

SOCAR grows overseas

Azerbaijani State Oil Company plans to continue to expand

ADB to provide $1bn for Azerbaijan Gas Field expansion

ADB to provide $1bn for Azerbaijan Gas Field expansion

The Asian Development Bank is planning to provide $1bn to expand the operations of Azerbaijan’s Shah Deniz II gas field

Ilham Shaban: The Absheron contract with Total opens new era in Azerbaijani gas sector

Ilham Shaban: "The Absheron contract with Total opens new era in Azerbaijani gas sector"

The head of the 'Caspian Barrel' Center for Oil Research on the agreement between SOCAR and Total

Indian-Turkish consortium to build TANAP section

Indian-Turkish consortium to build TANAP section

Construction of the last part of Trans-Anatolian Pipeline (TANAP) in Turkey will be carried out by 'Limak' (Turkey)-'Punj Lloyd'(India)-'Kalyon Group' (Turkey) consortium of companies. 'Limak' Board of …

New stage of Shah Deniz project launched

New stage of Shah Deniz project launched

Shah Deniz Stage 2 project is of great importance for Azerbaijan, the country’s President Ilham Aliyev said at the Shah Deniz Stage 2 Production and Risers Platform Jacket Sail Away Event. "I congratulate …

What are the reasons for Kvirikashvili#039s visit to Baku?

What are the reasons for Kvirikashvili's visit to Baku?

Two strategic projects will be discussed during the talks with Ilham Aliyev, the implementation of these projects may seriously affect the development of Georgia and Azerbaijan

SOCAR announces start of operations within Shah Deniz III for 2027

SOCAR announces start of operations within Shah Deniz III for 2027

The State Oil Company of Azerbaijan (SOCAR) plans to launch the first work within Phase 3 of development of Caspian gas condensate field Shah Deniz not before 2027, abc.az reports. SOCAR advisor to vice president Vitaly …

Turkish PM: TANAP is important not only for Turkey, but for whole region

Turkish PM: TANAP is important not only for Turkey, but for whole region

TANAP is an important and strategic project, Turkey's Prime Minister Binali Yildirim said on the eve of his visit to Baku on June 3rd, Trend reports. …

Vyacheslav Kulagin: Russia#039s priority is stable South Caucasus

Vyacheslav Kulagin: Russia's priority is stable South Caucasus

Republics of South Caucasus are Russia's neighbors not only with rich mutual history, but also a common future, the head of the Center for International Energy Markets ERI RAS, Vyacheslav Kulagin, said in an interview with Vestnik Kavkaza, …

Georgia fully supports project of Azerbaijan#039s gas transportation to Europe

Georgia "fully supports" project of Azerbaijan's gas transportation to Europe

Tbilisi hopes to join Turkmenistan's and other regional gas suppliers' projects

Ceremony of laying Trans-Adriatic Pipeline foundation takes place in Greece

Ceremony of laying Trans-Adriatic Pipeline foundation takes place in Greece

The ceremony of laying the foundation of Trans-Adriatic Pipeline (TAP), designed for gas delivery from Azerbaijan’s field Shah Deniz to Europe, took place in Thessaloniki, abc.az reports. The ceremony was attended by prime …

Iran has no plans to increase stake in Shah Deniz project

Iran has no plans to increase stake in Shah Deniz project

Iran is unlikely to change the size of its stake in the Azerbaijani project of Shah Deniz in the Caspian Sea, Abc.az reports.  According to Iranian Deputy Oil …

Southern Gas Corridor not competitor for Gazprom in Europe

Southern Gas Corridor not competitor for Gazprom in Europe

The Azerbaijani gas transport project Southern Gas Corridor is not a competitor to the Russian gas suppliers to Europe, energy experts said today in an interview with correspondents of Vestnik Kavkaza, commenting on recent insinuations in the mass ...

 TAP construction to start on May 17

TAP construction to start on May 17

The ceremony to mark the beginning of construction of the Trans Adriatic Adriatic Pipeline (TAP) will be held in Thessaloniki on May 17. The ceremony will be attended by prominent politicians and companies, as this is an important …

ADB ready to invest $450 million in ADB ready to invest $450 million in Shah Deniz

ADB ready to invest $450 million in ADB ready to invest $450 million in Shah Deniz

The Asian Development Bank (ADB) is ready to allocate $450 million to extend the development of the Shah Deniz gas field in Azerbaijan. The Bank has already started consideration of the relevant project, the statement on its website informs. …

 SOCAR remains key gas supplier for Georgia

SOCAR remains key gas supplier for Georgia

The Azerbaijani state oil company SOCAR has signed an agreement with the Georgian government on additional supplies of Azerbaijani gas. The four documents were signed by the President of the State Oil Company of Azerbaijan, Rovnag …

Kaladze: Georgia and SOCAR agree on additional supplies

Kaladze: Georgia and SOCAR agree on additional supplies

Georgian Minister of Energy, Kakha Kaladze, said that the agreement on additional supplies of Azerbaijani gas is almost reached. "At a meeting with the President of SOCAR, we discussed our future …

Vladimir Dorokhin: Russian-Azerbaijani relations stable and friendly

Vladimir Dorokhin: Russian-Azerbaijani relations stable and friendly

The most important thing in relations with Azerbaijan is the stable, friendly character in relations and interest in the success of both countries, the Russian Extraordinary and Plenipotentiary Ambassador to Azerbaijan, Vladimir …

 Date of second meeting on Southern Gas Corridor announced

Date of second meeting on Southern Gas Corridor announced

The second meeting of the Advisory Council on the Southern Gas Corridor is scheduled for February 29 in Baku. The first meeting of the Southern Gas Corridor Advisory Council was held on February 12 in Baku, the Ministry of Energy of Azerbaijan …

 SOCAR increases gas supplies to Georgia by 50 million cubic meters

SOCAR increases gas supplies to Georgia by 50 million cubic meters

Azerbaijan’s SOCAR has reached an agreement with the South Caucasus Pipeline and Shah Deniz consortiums to increase gas supplies to Georgia in the winter season. “As a result of the agreement reached, gas supplies to Georgia in …

BP to increase number of wells in Shah Deniz field

BP to increase number of wells in Shah Deniz field

According to a source in the oil and gas market of Azerbaijan, three new wells are planned to be put into operation in the largest Azerbaijani gas condensate field Shah Deniz in the first half of 2016. He noted that the drilling plans …

Kakha Kaladze: Georgia sees Shah Deniz-2 as additional source of gas

Kakha Kaladze: Georgia sees Shah Deniz-2 as additional source of gas

Georgian Minister of Energy, Kakha Kaladze, said that the Azeri project Shah Deniz-2 is very important for Tbilisi, as it is an additional source of gas for the country. The minister added that Georgia is currently …

Statoil to sell its TAP share for 208 million euros

Statoil to sell its TAP share for 208 million euros

Norway's Statoil will sell its interest in the Trans-Adriatic Pipeline (TAP) project to the Italian Snam company for 208 million euros, Statoil stated in its report. This amount is for 20% of Statoil’s share in TAP and its …

 Turkey to built TANAP faster

Turkey to built TANAP faster

Turkey will speed up the implementation of the Trans-Anatolian gas pipeline (TANAP). The new government to be formed in Turkey is expected to pay special attention to other energy projects, Trend reports with reference to the Turkish …

SOCAR vice president shares company#039s strategic plans

SOCAR vice president shares company's strategic plans

The Vice-President of the State Oil Company of Azerbaijan (SOCAR) for strategic development, Tofiq Gahramanov, told Russian journalists about the company's plans. "In 2010, there was a task to develop ...