Azerbaijani oil and gas

Azerbaijan to start drilling in Karabakh

The start of drilling at the Karabakh field will approximately come in the fourth quarter of 2019, according to SOCAR's Caspian Drilling International (CDI). It is planned that the Dede Gorgud semi-submersible drilling rig will be …

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TAP project 88.8% completed

The Trans Adriatic Pipeline (TAP) project is 88.8% completed as of late July 2019, according to the updated data published on the website of TAP AG consortium. "TAP is currently moving further into the project construction …

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Sberbank: Turkish Stream may be connected to TAP

The Turkish Stream gas pipeline project in the future may be connected to the Trans Adriatic Pipeline (TAP), Sberbank senior analyst for the oil and gas sector Andrei Gromadin said. According to him, in the current …

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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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