Southern Gas Corridor

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BSTDB ready to finance Southern Gas Corridor

The Black Sea Trade and Development Bank (BSTDB) is interested in financing the Southern Gas Corridor project, BSTDB President Ihsan Ugur Delikanli said at an event dedicated to presentation of the bank’s opportunities for …

European Investment Bank eyes to finance TANAP, TAP

Baku hosted discussions on funding the Southern Gas Corridor (SGC), Azerbaijan’s Energy Ministry said in a message Feb. 24. Azerbaijani Energy Minister Natig Aliyev, Director of Central and South Eastern Europe Department at the …

Maros Sefcovic's Baku program announced

The European Commission Vice-President for Energy Union Maros Sefcovic will visit Azerbaijan. He will deliver a keynote speech at the 3rd Ministerial Meeting of the Southern Gas Corridor Advisory Council to be held in …

US envoy to Greece: TAP is real project

The Trans-Adriatic Pipeline (TAP) project represents a key contribution to the goal of energy diversification, the US ambassador to Greece Geoffrey Pyatt said. "TAP is a real project, unlike some of other …

WB to decide on TANAP financing

The World Bank (WB) will make a decision regarding financing of the construction of the Azerbaijani part of the Trans Anatolian Natural Gas Pipeline (TANAP) project until late November 2016, the WB Baku office said, AzerNews reported citing …

SOCAR won't take foreign loans

The State Oil Company of Azerbaijan (SOCAR) won't use foreign loans in 2016, reports. SOCAR vice president, Suleyman Gasimov, has informed that the Company has no necessity in foreign loans this year. …