Kateqoriya arxivləri: Special News

Number of Participants of Southern Gas Corridor Project Can Increase to Ten – President Ilham Aliyev

The project Southern Gas Corridor (SGC) can be joined by three more European countries, said President of Azerbaijan Ilham Aliyev. “The total value of SGC is more than $ 40 billion. It involves seven countries, and at least three countries … Oxumağa davam et

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Will connect with TANAP through Greece, ends in Italy

The first phase of the Trans Adriatic Pipeline’s 10 billion-cubic-metre capacity is booked, a TAP official has told New Europe. TAP’s initial capacity will be ten billion cubic metres per year with the option to expand the capacity up to … Oxumağa davam et

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SOCAR Plans to Annually Produce 300 Mcm of Gas from New Bulla Deniz Well

SOCAR will produce about 300 mcm of gas and about 55 thousand tons of condensate per year due to commissioning a new well that is being drilled on a large offshore field Bulla-Deniz. SOCAR reports the project depth of the … Oxumağa davam et

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Azerbaijan, WB sign loan agreement on TANAP

Azerbaijan and the World Bank (WB) have signed a loan agreement on the Trans Anatolian Natural Gas Pipeline (TANAP) project, the WB Baku office told Trend Jan. 16. The loan agreement was signed by Mercy Tembon, the WB regional director … Oxumağa davam et

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As Russia’s gas market gets weaker, Europe gets stronger: Grigas

Europe’s Trans Anatolian natural gas pipeline in Turkey has hit a major milestone. It passed the halfway mark to completion at the end of 2016, bringing the Southern Gas Corridor pipeline project closer to its finishing point – and closer … Oxumağa davam et

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SOCAR supplies Malta’s 1st LNG

Malta’s first LNG cargo, supplied by Azerbaijan’s state Socar, was delivered January 11 aboard the tanker Galea. Socar shipped the first LNG to Malta aboard tanker, Galea ElectroGas Malta — which developed the new floating LNG import and storage terminal … Oxumağa davam et

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Export of Azerbaijani Oil via Pipelines Decreased by More Than 1.6 Million Tons in 2016

In 2016 SOCAR exported via pipelines 20 million 386 thousand 628 tons of oil. Compared to 2015 the export volume declined by 1 million 609 thousand 843 tons. Turan informs about this, referring to the official data of the State … Oxumağa davam et

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Turkey’s first FSRU opened, ready to boost energy supply security by 20M cbm daily

Turkey’s first floating natural gas storage and regasification unit (FSRU), which will compress an additional 20 million cubic meters of gas per day, opened on Friday in Aliağa, İzmir, with a ceremony attended by President Recep Tayyip Erdoğan and Prime … Oxumağa davam et

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If ExxonMobil were a country, it would be the world’s 41st largest economy

Exxon Mobil Chairman and CEO Rex Tillerson is said to be Donald Trump’s likely nominee for secretary of state. (Eric Piermont/AFP) Among the names being floated as President-elect Donald Trump’s pick for secretary of state, Rex Tillerson stands out. If … Oxumağa davam et

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ADB Approves Loan of $ 1 Billion for Southern Gas Corridor

The Board of Directors of the Asian Development Bank (ADB) has approved a loan of Azerbaijan CJSC Southern Gas Corridor (SGC). This was reported in a press release by ADB, published on 7 December. The total amount of funding for … Oxumağa davam et

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