Latest news

Azerbaijan's SOCAR hopes to restart negotiations with Greece over gas grid in December

Azerbaijan's state energy firm SOCAR hopes to restart negotiations over purchasing a stake in Greek gas grid operator DESFA in December, as stated by SOCAR's president on Monday.

read more... 15/09/2015


General Electric to supply advanced technology for TANAP project

US based General Electric's oil and gas unit has won contract to provide advanced turbomachinery for the first phase of the Trans-Anatolian Natural Gas Pipeline (TANAP) project, which is being constructed for gas transportation from Azerbaijan to Europe.

read more... 27/07/2015


Azerbaidjan president agrees with Snam taking stake in TAP project

Azerbaijan allows Italian gas infrastructure conglomerate Snam to take a stake in the project to construct the Trans Adriatic Pipeline (TAP) that will convey gas from Azerbaijan to Europe, as stated by President Ilham Aliyev on Thursday.

read more... 10/07/2015


Shah Deniz II initial gas supplies to Europe in the first quarter of 2020

Europe will receive the first gas from Azerbaijan's Shah Deniz II project in the first quarter of 2020, as stated by BP spokesman on Friday.

read more... 10/11/2014


Turkey to scrap "take or pay" principle for Azeri gas in 2015

Turkey decided to give up the “take or pay” clause for Azerbaijani gas delivery in the next 14 months, declared the Turkish Minister of Energy and Natural Resources Taner Yildiz.

read more... 22/10/2014