Kateqoriya arxivləri: Materials

Statement on the impact of the EITI on the Southern Gas Corridor

Since the establishment of the EITI, Azerbaijan was a pioneer of this initiative and fully committed to the EITI and its principles and constantly took steps to underpin positive environment for the smooth implementation of the initiative. In the recent … Oxumağa davam et

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Fitch Assigns Southern Gas Corridor’s Notes ‘BB+ (EXP)’ Expected Rating

Fitch Ratings-Moscow/London-17 March 2016: Fitch Ratings has assigned CJSC Southern Gas Corridor’s (SGC) senior unsecured Eurobonds a ‘BB+(EXP)’ expected foreign currency long-term rating. The bond’s final rating is contingent on the receipt of final documentation conforming to that held and … Oxumağa davam et

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Second Shah Deniz 2 platform jacket sent offshore

The Shah Deniz consortium is pleased to announce the sail away of the second jacket for the Shah Deniz Stage 2 platforms.  The Quarters and Utilities (QU) platform jacket sailed away to the Shah Deniz contract area in the Caspian … Oxumağa davam et

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New BP regional president announced

BP announced today the appointment of Gary Jones as the new Regional President for Azerbaijan, Georgia and Turkey (AGT), with effect from 2 April 2017.  Gary will be based in Baku, Azerbaijan. Gary is currently BP’s global head of drilling, … Oxumağa davam et

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Full steam ahead for SOCAR Trading’s LNG-to-power strategy

The startup in January of LNG supplies to the small Mediterranean island state of Malta could be considered a mere drop in the ocean for the global LNG market. But for Azerbaijan’s SOCAR Trading, it represented the beginning of a … Oxumağa davam et

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Tax Deductions by SOCAR Significantly Increased in Azerbaijan’s State Budget

Tax deductions by the State Oil Company of Azerbaijan to the state budget amounted to 128 million 187 thousand manat in January 2017, which is 8.9% more than the same period last year, according to SOCAR information. SOCAR payments to … Oxumağa davam et

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Asia Infrastructure Investment Bank signs loan allocation for TANAP

The Government of Azerbaijan, “Southern Gas Corridor” (SGC) CJSC and Asia Infrastructure Investment Bank (AIIB) have signed a contract on a loan allocation to support the Trans-Anatolian Natural Gas Pipeline (TANAP) project on January 26 this year. Report informs, the … Oxumağa davam et

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Azerbaijan Produced 445 Million Tons of Oil over Ten Years

According to statistics, over the past ten years Azerbaijan has produced almost 445 million tons of oil. In Azerbaijan, in 2007-2016, 444.9 million tons of oil was produced, including condensate. In 2016 compared with 2007, oil production in Azerbaijan increased … Oxumağa davam et

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The French Almost Found Lender for Gas Project Absheron

The European Investment Bank (EIB) is interested in the project to develop a large gas condensate field Absheron in the Caspian Sea, said General Vice President of Total for Europe and Central Asia Michael Borrell yesterday in Baku at the … Oxumağa davam et

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Oil Fund in January sold through auctions $ 285 million

The State Oil Fund of Azerbaijan (SOFAZ) in January 2017 sold foreign currency totalling $ 285 million from foreign exchange auctions, according to SOFAZ. “In January 2017 SOFAZ sold foreign currency in the amount of $ 285 million from auctions,” … Oxumağa davam et

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