Home / Tag Archives: Gas

Tag Archives: Gas

Georgia to Buy only Azerbaijani Gas

stock_gas_flame_getty

In 2017 Georgia will not buy Russian gas and satisfy 96% of the domestic demand only by Azerbaijani gas. Minister of Energy Kakha Kaladze said that Agreement signed with Gazprom enables the country to buy Azerbaijani gas by the money raised from Russian natural gas transit to Armenia. “We also …

Read More »

TANAP Important for Turkey to Reduce Dependence on Russia

TANAP

The Trans-Anatolian Natural Gas Pipeline (TANAP) project is important, especially for Turkey, Georgia and European countries, as it will reduce dependence on other gas resources from places such as Russia, according to Azerbaijan’s energy minister. “The TANAP project is important not only because it supplies a significant volume of gas …

Read More »

BP to Send Shah Deniz Gas via South Caucasus Pipeline in 2017

bp-renews-talks-to-sell-north-sea-pipeline-to-ineo

BP plans to send gas from Azerbaijan’s largest gas field Shah Deniz into the expanded system of the South Caucasus Pipeline in the test mode in late 2017, Gordon Birrell, BP’s former regional president for Azerbaijan, Georgia and Turkey, told reporters in Baku Mar. 29. The Khankendi vessel for underwater …

Read More »

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 …

Read More »

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 …

Read More »

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 …

Read More »

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 …

Read More »

Gazprom Offers Guaranteed Income from Gas Transit to Georgia

f5876198653eb4_5876198653ef3.thumb

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 …

Read More »

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 …

Read More »

SOCAR Reveals Volumes of Gas Export to Georgia, Iran

pars-gas-pipeline-iran

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 …

Read More »