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Tag Archives: Gas

SOCAR: we Hope, Investments Made by us Will Reflect on the Rate

SOCAR: we Hope, Investments Made by us Will Reflect on the Rate

SOCAR Georgia Gas hopes that tariff review process will not prolonged by Georgian National Energy and Water Supply Regulatory Commission. Azer Mamedov, general director of  the company told the reporters that the company is demanding  revising tariff of the distribution segment, while he did not specify whether the gas tariff …

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TAP Gas Pipeline can Gauge Customer Interest in Capacity

TAP Gas Pipeline can Gauge Customer Interest in Capacity

The Trans-Adriatic Pipeline (TAP) that will take gas from Azerbaijan to Europe is in a position to offer capacity on the line via so-called “open seasons” to gauge interest among potential customers, senior TAP executives said, Reuters reported. “We have prepared the ground for 200 kilometers out of a total …

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Gazprom Considers Joining TAP to Export its Gas to Europe

Gazprom Considers Joining TAP to Export its Gas to Europe

Russia’s Gazprom company is discussing the possibility of using Poseidon and Trans Adriatic Pipeline (TAP) to export gas to Europe, the company’s deputy CEO Alexander Medvedev said. He made the remarks during the European Gas Conference in Vienna Jan.24, Reuters reported. TAP is a part of the Southern Gas Corridor …

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Gazprom Checkmates Georgia

Checkmate

Agreement that Georgian Government has signed with Gazprom still remains relevant and sharp. As reported, under this agreement, Georgia will receive money remuneration in exchange for Russian natural gas transit to Armenia, instead of previous practice of payment by raw material. For many years, Gazprom used to pay natural gas …

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Gazprom Offers Guaranteed Income from Gas Transit to Georgia

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Gazprom Export has offered a guaranteed income from services on gas transportation to Georgia, the company said in a statement. On Jan. 10, the Belarusian capital of Minsk hosted a meeting between Director General of Gazprom Export Elena Burmistrova and Georgia’s Energy Minister Kakha Kaladze. The parties agreed conditions of …

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Azerbaijan Weekly Market Watch

Azerbaijan Weekly Market Watch

Galt&Taggart Publishes Report on Main Developments that Took Place in Azerbaijani Economy Last Week: Oil extractiondown at the Azeri-Chirag-Gunashli oil field in 3Q16 In 3Q16, oil production was down 2.5% y/y to 622,359 barrels per day at the Azeri-Chirag-Gunashli (ACG) oil field, operated by the BP-led consortium, as operations at …

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SOCAR Reveals Volumes of Gas Export to Georgia, Iran

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Azerbaijan’s state oil company SOCAR exported 715.9 million cubic meters of gas to Georgia in January-September 2016, said Rahman Gurbanov, SOCAR vice president for oil and gas transportation and gas facilities, in his interview published by Natural Gas World Nov. 2. Meanwhile, Azerbaijan swapped 167.3 million cubic meters of gas …

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Why Difficult to Connect Israel to Southern Gas Corridor?

Why Difficult to Connect Israel to Southern Gas Corridor?

The practicalities and specifically, the infrastructure needs of connecting Israeli gas to the Southern Gas Corridor will make it difficult to accomplish, Agnia Grigas, energy and political risks expert, non-resident senior fellow at the Atlantic Council, told Trend Oct.17. Earlier, Cemil Ertem, advisor to the Turkish president, said that Turkey …

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Russia to Discuss Gas Transit Through Turkey with EC

Russia to Discuss Gas Transit Through Turkey with EC

Russia will continue to stay in contact with the European Commission and the European Union countries regarding the feasibility of gas transit through Turkey, RIA Novosti reported citing Russian Energy Minister Alexander Novak. Undoubtedly, we will continue contacts with the European Commission and our counterparts from other countries in order …

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Southern Gas Corridor Most Important Project for BP

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The Southern Gas Corridor (SGC) is the most important project for BP, Tufan Erginbilgic, BP’s downstream chief executive, told reporters Oct. 13 on the sidelines of the 23rd World Energy Congress in Istanbul. Erginbilgic said the project worth $45 billion is important both for BP and the energy market. “The …

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