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Tag Archives: Gas

SOCAR to Construct 1600 KM Gas Distribution Network in 2016

Energy Minster and Vice Prime Minister Kakha Kaladze and SOCAR President Rovnag Abdulaeyv have visited the new gas distribution network in the village of Kirikhlo, the Marneuli District. The gas distribution network of 11 kilometer long will supply gas to 259 families in the village, the Georgian Energy Ministry reports. …

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TAP, TANAP to Reduce Europe’s Dependence on Russia

tanap TAP

Construction of the Trans Adriatic Pipeline (TAP) and the Trans-Anatolian Natural Gas Pipeline (TANAP), through which Azerbaijani gas will go to Europe, will enable Greece and the countries of Southeast Europe to reduce dependence on Russian gas, president of the Hellenic Association for Energy Economics, professor Kostas Andriosopoulos said. He …

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TAP Committed to Facilitating Links to Region Gas Infrastructure

TAP

The Trans Adriatic Pipeline (TAP) AG welcomes the signing of a Memorandum of Understanding (MoU) on the Ionian Adriatic Pipeline (IAP) by Albania, Bosnia and Herzegovina, Croatia, Montenegro and Azerbaijani state oil company SOCAR, TAP reported. Ian Bradshaw, Managing Director of TAP, said that the MoU enhances energy cooperation across …

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Iran Envoy: No Deal to Export Gas to Georgia via Armenia

Iran Envoy: No Deal to Export Gas to Georgia via Armenia

At the moment, there is no agreement on the gas export from Iran to Georgia, Iran’s Ambassador to Azerbaijan Mohsen Pak Ayeen told Trend August 25. He was commenting on the information which appeared in the Iranian media outlets regarding signing of a contract for the supply of Iranian gas to …

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Iran Adds 532 mb of Oil, 522 bcm of Gas to its Reserves

Iran Adds 532 mb of Oil, 522 bcm of Gas to its Reserves

Iran added 532 million barrels (mb) of oil and 522 billion cubic meters (bcm) of gas to its extractible reserves since the beginning of Hassan Rouhani’s presidency in mid-2013, an Iranian official told Trend Aug.23 on condition of anonymity. “Currently the country’s recoverable proved oil and gas reserves stands at …

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BP Increases Gas Output in Azerbaijan

BP Increases Gas Output in Azerbaijan

In 1H2016, 5.4 billion cubic meters of gas and 1.3 million tons of condensate (nearly 10 million barrels) were produced at Azerbaijan’s Shah Deniz gas and condensate field, as compared to 5.2 billion cubic meters of gas and 1.2 million tons of condensate in the same period of 2015, said …

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Iran to Export 40 mcm/d of Gas to Georgia

Iran has provided more details on a small contract that it has sealed to export natural gas to Georgia – a project that could expand the energy reach of the Islamic Republic in Central Asia.  Alireza Kameli, the managing director of the National Iranian Gas Export Company (NIGEC), has been …

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Iran Signs Deal to Export 40 mcm of Gas to Georgia

Iran has signed a deal with the Georgian International Energy Corporation to export gas to the country within a 4-month period, Ali Reza Kameli, managing director of the National Iranian Gas Company (NIGC), said. Almost 40 million cubic meters of gas will be sold to the company under the test …

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TAP Remains US Government’s Priority

TAP Remains US Government’s Priority

The Trans Adriatic Pipeline (TAP) project, which envisages the transportation of Azerbaijani gas to Europe, remains US government’s priority, Amos Hochstein, the US Department of State special envoy and coordinator for international energy affairs, said in an interview with Greek news website Ekathimerini. “I’ve spent much more time on this …

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PPI for Industrial Products Decreased 2.0 percent over May 2016

PPI for Industrial Products Decreased 2.0 percent over May 2016

In June 2016 the Producer Price Index (PPI) for Industrial Products decreased 2.0 percent over May 2016 and 6.0 percent compared to June 2015. The index rose 19.9 percent over the 2010 average. The decline of monthly PPI in June was attributable to a 2.6 percent price decrease for manufacturing. …

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