France's Total and Germany's E.ON intend to exit the Trans Adriatic Gas Pipeline (TAP) to convey Azeri gas to Italy, since decreasing Italian demand puts energy projects into doubt, according to Vagif Aliyev, SOCAR's investment department manager at Azeri SOCAR.
read more... 04/06/2014
Azeri state energy firm SOCAR could diminish its stake in the multi-billion dollar Trans-Anatolian natural gas pipeline project (TANAP), intended to decrease Europe's dependence on Russian gas, according to SOCAR's president.
read more... 03/06/2014
Spanish power firm Iberdrola declared on Friday it had signed with Cheniere Energy Inc a liquefied natural gas (LNG) sale and acquisition deal estimated at $5.6 billion for a period of 20 years.
read more... 02/06/2014
Turkey's state-controlled oil company Turkish Petroleum Corp (TPAO) has decided to buy 10 percent stake of the French energy firm Total in Azerbaijan's Shah Deniz gas project, as declared on Thursday by two sources familiar with the matter.
read more... 30/05/2014
Britain might obtain more liquefied natural gas (LNG) from the world's major producer Qatar under an agreement inked by utility E.ON on Wednesday, highlighting increasing reliance on the Gulf State since native North Sea reserves disappear.
read more... 29/05/2014