Azerbaijani oil and gas

Shah Deniz 2 awarded by Royal Academy of Engineering

The engineers behind the Shah Deniz 2 project have received the Royal Academy of Engineering’s Major Project Award for 2019 for their collaboration to deliver this complex major offshore, onshore and pipeline gas development project, …

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Azerbaijan increases natural gas exports

Azerbaijan’s natural gas exports showed a 28% increase year-on-year rising from 8.030 billion standard cubic meters in 2017 to 10.276 billion standard cubic meters in 2018, according to OPEC Annual Statistical Bulletin. The report …

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Azerbaijan to prepare TANAP for testing in summer

Azerbaijan expects to fully prepare the Trans-Anatolian Natural Gas Pipeline (TANAP) in June 2019 for the start of test gas supplies to Europe, Azerbaijan’s state oil company SOCAR said. The final phase of the work as part of the …

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Around 98% of TAP pipes back-filled in Albania

Around 98% of pipes of the Trans Adriatic Pipeline (TAP) are back-filled in Albania, TAP AG consortium said in a statement. "In April 2016, the first TAP pipes arrived in Albania shipments of steel pipes, equipment and machinery …

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Georgia to increase Azerbaijani gas import

The two most important strategic segments of the gas market of Georgia - the population and the production of electricity - will be provided by Azerbaijani gas, Georgia's Deputy Minister of Economy and Sustainable Development Natia …

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Trans Adriatic Pipeline more than 85% complete

The Trans Adriatic Pipeline (TAP) project, which envisages transportation of Azerbaijani gas to Europe, is 85.2% completed as of late January 2019, according to the website of TAP AG consortium. According to the statement, TAP is …

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How Azerbaijan has avoided the resource curse

If you are a fund manager based in one of the EU member states you should open your eyes to investment opportunities in Azerbaijan. The energy-rich former Soviet republic on the southwest shore of the Caspian Sea is diversifying its economy. …

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Shah Deniz celebrates 100 bcm of gas production

Azerbaijan's Shah Deniz celebrates 100 billion cubic metres (bcm) of total gas production, according to BP. "The milestone was achieved at the end of December, exactly 12 years after we first announced the start-up of …

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