Azerbaijani oil and gas

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TAP gets installation permit from Greece

The Greek Ministry of Environment and Energy has granted Trans Adriatic Pipeline (TAP) its Installation Permit, TAP reported. "Together with the Installation Act, secured in January 2016, the Installation Permit allows the pipeline …

 SOCAR announces plans for next decade

The Vice-President of the State Oil Company of Azerbaijan (SOCAR) for strategic development, Tofiq Gahramanov, told journalists about the company's plans for the next 10-15 years. He said that the …

US resumes purchase of Azerbajani oil

The US has resumed the purchase of Azerbaijani oil. According to the website of the Energy Information Administration under the US government, in February 2016 the US purchased 1050 barrels of oil in Azerbaijan. …

SOCAR launches new oil well

State Oil Company of Azerbaijan (SOCAR) will increase the production level to more than 11.3 million tonnes of oil per year due to commissioning of new oil well in Oil Rocks offshore field, the company reported. The oil is extracted …

Saipem to build TAP offshore pipeline

Italian oil service company Saipem has won a contract to lay the offshore tract of the Trans Adriatic Pipeline (TAP) that will transport Azeri gas into Italy, Reuters cited the company as saying. The 105-kilometer pipeline will run from …

 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 …