Latest news

Serious queries over BP pipeline

Recently, Azerbaijan and Turkey consented to use the spare capacities in the Turkish pipelines as to transport Azerbaijani gas verso Europe, and consequently to construct a new pipeline across Turkey as to transport exceeded volumes of the spare capacities in Turkey’s pipelines.

read more... 08/11/2011


BP invested $33 billion in Azerbaijani energy fields

The British energy giant, BP has invested $33 billion in developing Shah Deniz and the Azeri-Chirag-Guneshli (ACG) field, which will involve as well the construction of the Baku-Tbilisi-Ceyhan and the South Caucasus pipelines.

read more... 04/11/2011


BP decreased daily oil and gas production in Azerbaijan

The oil giant, BP has cut its oil and gas production in Azerbaijan in the first semester of 2011, following a weaker demand over the summer time and an infrastructure improving program.

read more... 23/08/2011


Nabucco’s future dependent on Azerbaijan

In the article entitled “Nabucco Pipeline’s Fate Hinges on Azerbaijan”, published by The Wall Street Journal, the author relates that the fate of the Nabuccco pipeline, which will be able to carry 31 billion cubic feet per year of gas linking the Caspian to Austria by traversing the heart of Turkey proposed in 2002, may depend on Azerbaijan.

read more... 03/08/2011


Nabucco’s future decided by Azeri gas deliveries.

The chief executive of Austrian OMW, Wolfgang Ruttenstorfer reported to the Austrian newspaper, Kurier that the Nabucco gas pipeline project will be implemented only if the project partners will be able to secure big gas deliveries from Azerbaijan in the next months.

read more... 21/02/2011