Ay: Sentyabr 2013

LUKoil to make investment decision on gas chemical complex in Budennovsk after gas analysis
Russia

LUKoil to make investment decision on gas chemical complex in Budennovsk after gas analysis

LUKoil plans to make a final investment decision on construction of the gas chemical complex in Budennovsk after analysis of gas extracted on Kuvykin field in the Caspian Sea, reported Interfax quoting LUKoil President Vagit Alekperov. “In the Caspian Sea we have different fields with different content of ethanol. We would like to launch the first gas refining plant with […]

Absheronneft to drill 102 wells on 5 offshore fields in 2014-2015
Materials

Absheronneft to drill 102 wells on 5 offshore fields in 2014-2015

In 2014-2015 Azneft, production company of State Oil Company of Azerbaijan (SOCAR), plans to drill 102 new wells on the fields developed by Absheronneft oil and gas production company, reported http://www.rusenergy.com referring to Interfax. From January to August 2013 15 new wells have been drilled on the fields developed by Absheronneft oil and gas production company (Banka Darvina, Pirallahi island, […]

Azerbaijani oil prices for Sept. 23-27
İnteresting News

Azerbaijani oil prices for Sept. 23-27

On Sept. 23-27, the average price on AZERI LT, exported from Azerbaijan via the Ceyhan, Batumi and Supsa ports to Italian Augusta port, was $112.17 per barrel or $2.04 less compared to the previous week. The maximum price for AZERI LT was $113.08 per barrel. The minimum price was $111.5 per barrel. Azeri Light’s density is 34.6 degrees API with […]

Bulgaria to reduce Russian gas purchases from Azerbaijan
Russia

Bulgaria to reduce Russian gas purchases from Azerbaijan

Bulgaria intends to reduce Russian gas import to half of foreign fuel deliveries in five years to come, Bloomberg agency reported on September 26, 2013 quoting Bulgarian President Rosen Plevneliyev. At present Bulgaria is dependent on Russian gas by 87%. Among the reasons of diversification of deliveries Plevneliyev called the intention to make economic growth safe. Bulgarian President referred to […]

China’s Growing Interest in Central Asia
İnteresting News

China’s Growing Interest in Central Asia

Chinese President Xi Jinping’s tour of four Central Asian countries in early September highlighted a trend we’re following closely at Stratfor: China’s struggle to reduce its exposure to security risks and supply disruptions in the South and East China seas by exploring new overland sources of and transport routes for goods, energy and other natural resources. Over the past fifteen […]

TANAP is guarantee of greater friendship between Turkey and Azerbaijan
İnteresting News

TANAP is guarantee of greater friendship between Turkey and Azerbaijan

Foreign Minister of Turkey Ahmet Davutoglu participated in the panel Southern Gas Corridor as part of an international energy forum organized by the Caspian Strategic Institute in New York. Addressing the ceremony, the minister noted that thanks to efforts of Turkey, a safe energy zone has been created covering Balkans and South Caucasus which were considered “instability zones” in post-Cold […]

Kaladze to familiarize with gas exploration operations in Samgori
İnteresting News

Kaladze to familiarize with gas exploration operations in Samgori

Georgian Energy Minister Kakha Kaladze, director general of the Georgian Oil and Gas Corporation David Tvalabeishvili and representatives of ‘Jindal Petroleum Georgia limited’ investment company will familiarize with the drilling operations at a new gas well in Samgori. Drilling operations in Samgori began on August 17. At present, around 1,590 meters have been drilled. The well is planned to be […]

Turkey’s pipe dreams
İnteresting News

Turkey’s pipe dreams

Turkey has continued to make the headlines in the Middle East’s oil and gas industry over the last several months due to a number of factors which include the growing divide between the Kurdistan Regional Government (KRG) and the Federal Government of Iraq (FGI); and the recent signing of the Trans-Adriatic Pipeiline (TAP) and Trans-Anatolian Pipelines (TANAP). Despite its unremarkable […]

58% of oil extracted on ACG fell to Azerbaijan’s share
Materials

58% of oil extracted on ACG fell to Azerbaijan’s share

Since beginning of the Azeri-Chirag-Guneshli (ACG) bloc of fields development in November 1997 till September 1, 2013 312.4 million tons of oil has been extracted. SOCAR reported that of this volume 162 million tons fell to Azerbaijan’s oil. During 8 months, 2018 a total of 22.1 million tons of oil was extracted from ACG, of which 15 million tons or […]

Tap into TAPI
İnteresting News

Tap into TAPI

Monday, September 23, 2013 – Along with other critical and hard-to-solve issues of Pakistan, energy crisis stands out as a challenge which is badly affecting all fields of life in Pakistan. So far, no doable strategy has been chalked out to bottle the horrendous genie of energy shortage. As every problem has a solution, similarly, in the case of Pakistan, […]

How to dethrone King Vladimir
İnteresting News

How to dethrone King Vladimir

In recent weeks, Russian President Vladimir Putin has cleverly recast himself as a statesman and a peacemaker, while diminishing the clout and prestige of America and President Barack Obama on the world stage. He even penned an op-ed for the New York Times in which he praised the United Nations and the “rule of law,” claimed that poison gas in […]