Turkey, Azerbaijan strengthen energy cooperation

Turkey and Azerbaijan will soon launch the Trans Anatolian Natural Gas Project (TANAP) to transport Caspian natural gas to Turkey before it reaches Europe, Turkish President Recep Tayyip Erdogan said on Wednesday.

Rescuers find six bodies from Azerbaijan oil rig ablaze, 23 workers still missing

Rescuers have found remains for six of dozens of oil workers who went missing following a fire at Azerbaijan's oil rig on Caspian Sea, according to the country's TREND news agency.

29 missing in fire at Azerbaijan’s oil rig in Caspian Sea (SOCAR)

29 people are considered missing after the fire at an oil rig in Azerbaijan’s sector of the Caspian Sea, Hoshbaht Yusifzade of the State Oil Company of Azerbaijan Republic (SOCAR) told a news conference on Sunday.

32 Workers Killed as Oil Platform Catches Fire in the Caspian Sea

The head of an independent committee reported on Saturday that 32 workers were killed and 42 others were rescued when an offshore oil platform operated by SOCAR caught fire in the Caspian Sea. SOCAR is Azerbaijan's energy company.

Tripartite gas pipeline project launched in Turkey

Turkey, Georgia and Azerbaijan on Tuesday launched the construction of a new gas pipeline which will carry natural gas from Azerbaijan to Europe via Turkish territory, the local NTV news channel reported.

BP acquires 12 percent stake in TANAP pipeline project

Energy giant BP signed an agreement on March 13 to acquire a 12 percent stake in the Trans-Anatolian Natural Gas Pipeline Project (TANAP).

Gazoduc Nabucco: la Bulgarie souhaite relancer le projet

Selon le premier ministre bulgare Boïko Borisov, Sofia espère "relancer le projet de gazoduc Nabucco, ou plus sont tronçon occidental traversant la Bulgarie".

Άνοιξε η Συζήτηση για τα Αντισταθμιστικά Οφέλη του ΤΑΡ

Άνοιξε η συζήτηση για τη διεκδίκηση από την Ελλάδα αντισταθμιστικών οφελών για τον TAP. Την ίδια στιγμή η Κομισιόν ανέλαβε και θα εκπονήσει σχέδιο δράσης, σε συνεργασία με τους αρμόδιους υπουργούς των εμπλεκομένων χωρών, για την ταχύτερη προώθηση του Νοτίου Διαδρόμου φυσικού αερίου, μέρος του οποίου είναι και ο TAP.

Θέμα αντισταθμιστικών οφελών από τον αγωγό ΤΑΡ έθεσε ο Λαφαζάνης (Επαφές στο Αζερμπαϊτζάν)

Τη στήριξη της ελληνικής κυβέρνησης για την κατασκευή των αγωγών ΤΑΡ και IGB (Ελλάδα - Βουλγαρία), εξέφρασε ο υπουργός Παραγωγικής Ανασυγκρότησης Παναγιώτης Λαφαζάνης, κατά την επίσκεψή του στο Αζερμπαϊτζάν, ενώ σε σειρά επαφών έθεσε θέμα αντισταθμιστικών οφελών από τον αγωγό ΤΑΡ, για το οποίο ο εκπρόσωπος της ΒΡ, που είναι βασικός μέτοχος του αγωγού, δήλωσε ανοιχτός σε συζήτηση.

Turkey ‘earns $12 billion’ from Baku pipeline

The Turkish Petroleum Corporation (TPAO) has earned $12 billion from the Baku-Tbilisi-Ceyhan (BTC) crude oil pipeline since 2005, when oil from Baku was first pumped, Turkish Minister of Energy Taner Yıldız has said.

During his speech in the southern province of Adana, Yıldız underlined the importance of the BTC pipeline for the region and trade volume created for the country.

He stated the TPAO has 6.5 percent of the shares in the BTC crude oil pipeline. British Petroleum (BP) and State Oil Company of the Azerbaijan Republic (SOCAR) hold the majority of the shares in the BTC pipeline, with 30 percent and 20 percent respectively.

Turkey wants nuclear plant in Armenia to be shut down

The Metsamor nuclear power plant in Armenia is outdated and should be urgently closed down, Turkish Energy Minister Taner Yıldız has said, re-voicing concerns about the safety of the plant.   

Speaking with reporters during a visit to the Turkish province of Iğdır near Turkey’s eastern border on March 21, Yıldız said Turkey had sent an official appeal to the International Atomic Energy Agency concerning the shutdown of the plant.

“The nuclear plant, which was put online in 1980, has had a lifespan of 30 years. This plant has expired and should be immediately closed,” Yıldız said.

TANAP to be nationalized. -Turkey's energy minister, Taner Yildiz

The nationalization of the Trans Anatolian Natural Gas Pipeline (TANAP) was offered to Turkey's cabinet on Monday, said Turkey's Energy Minister Taner Yildiz during the opening of an energy forum in Turkey's capital Ankara on Wednesday.

The TANAP Project aims for the transportation of natural gas, to be produced in the Shah Sea 2 field and others in Azerbaijan and possibly other neighboring countries, through Turkey to Europe. 
Yildiz said the Southern Gas Corridor project, which also includes TANAP, was very important for the region and world. 

TANAP to be financed by shareholder equity

The partners of the Trans-Anatolian gas pipeline (TANAP) that will carry Azerbaijani gas through Turkey do not plan to use any bank loans to finance the investment, estimated to total around $10-$12 billion, one of the shareholders’ executive has said.

“The entire project will be financed with equity and the investment cost of the project is currently estimated at $10-$12 billion,” said Sami Kerimli, the first vice-president of Socar Turkey.

Answering reporters’ questions after a meeting organized by the Caspian Strategies Institute on TANAP, Kerimli said the initial investment was planned to be financed by shareholder equities with the aim of speeding up the project.

L'Azerbaïdjan rachète le gazier grec DESFA...

Un accord prévoyant la cession de 66% des actions du distributeur de gaz grec DESFA à une société publique azerbaïdjanaise a été signé samedi à Athènes, a annoncé le Fonds grec de privatisation HRADF.

Cet accord devait être signé le 17 décembre lors d'une visite du premier ministre Antonis Samaras à Bakou, mais une panne de l'avion présidentiel a alors empêché la délégation grecque de se rendre en Azerbaïdjan. Pour y remédier, le PDG de la State Oil Company of Azerbaijan Republic (SOCAR) Rovnag Abdullayev est arrivé à Athènes.

L'UE plaide pour la construction d'un gazoduc transcaspien.

L'Union européenne estime que les meilleures conditions sont actuellement réunies pour lancer la construction d'un gazoduc transcaspien, a déclaré mardi le chargé d'affaires par intérim de l'UE au Turkménistan Denis Daniilidis. 

"Le gazoduc transcaspien étant un projet clé, l'Union européenne estime que les conditions les plus favorables sont actuellement réunies pour conclure un accord sur ce pipeline et lancer sa construction", a affirmé M. Daniilidis lors de la  conférence internationale sur le pétrole et le gaz qui se déroule dans la capitale turkmène.

Russia, Azerbaijan Agree on Oil, Gas JV as Putin Visits Baku.

MOSCOW, August 13 (RIA Novosti) – The Russian and Azerbaijani state oil companies on Tuesday agreed to establish a joint venture on a parity basis to prospect and produce oil and gas in Russia and Azerbaijan and in other countries as Russian President Vladimir Putin paid a one-day working visit to Baku.
Energy Cooperation During Putin’s visit – designed to discuss a wide range of bilateral issues, including trade, energy, transportation and the Nagorno-Karabakh conflict – Rosneft reported that it had also agreed with the State Oil Company of Azerbaijan Republic (SOCAR) to jointly use some pipelines and terminals to optimize supplies to consumers.

Nabucco project fails, placed by Trans Adriatic Pipeline project

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The Nabucco pipeline to be built to carry natural gas to Shah II sea field in Azerbaijan was failed for the consortium preferred Trans Adriatic Pipeline (TAP), using another route

VIENNA / ANKARA (AA) - The Nabucco pipeline to be built to carry natural gas to Shah II sea field in Azerbaijan was failed for the consortium preferred Trans Adriatic Pipeline (TAP), using another route.

The Nabucco project faced a removal possibility after Austria's gas and oil company OMV announced its detachment to the project and stated they approved TAP for its being "more economic".

Endgültiges Aus für Nabucco - Konsortium entscheidet für Trans-Adriatische Pipeline

Das von der EU und den USA favorisierte Nabucco-Projekt, mit dem Erdgas aus Aserbaidschan nach Europa fließen sollte, ist gescheitert.

Das für die Erschließung des riesigen aserbaidschanischen Gasfeldes Shah Deniz II zuständige Konsortium entschied für die Trans-Adriatische-Pipeline (TAP), wie der österreichische Konzern OMV, Aktionär bei der Nabucco Gas Pipeline Internationalen GmbH, am Mittwoch mitteilte. Aus der aserbaidschanischen Hauptstadt Baku verlautete am gleichen Tag, dass Vertreter des aserbaidschanischen Staatskonzerns SOCAR und der BP-Tochter BP Azerbaijan noch am Mittwoch nach Griechenland reisen, um Regierungschef Antonis Samaras über die Entscheidung persönlich zu informieren.