Latest news

Azerbaijan delays decision for Shah Deniz II gas fields.

Nabucco, the pipeline that should ensure supply of natural gas to the EU, will be delayed as Azeri take longer than expected to make a decision in which project should extract gas from the Shah Deniz II.

read more... 11/10/2010


Nabucco encounters competition for Azerbaijan gas.

The talks with Baku for turn out to be more complicated than first estimated as the Azeri government declared that the contract will go to whoever offers the highest price.

read more... 04/10/2010


Hungary joins AGRI LNG Interconnector gas supply project

Hungary has signed an agreement with Azerbaijan, Romania and Georgia to join the Azerbaijan-Georgia-Romania Interconnector (AGRI) project, which would help diversify energy supply as the Hungarian government said on Tuesday.

read more... 15/09/2010


Romania signs a contract with Azerbaidjan and Georgia

On April 13, a new deal was signed between Romania, Georgia and Azerbaijan. This one represents another way to supply the European Union with gas through a project that could be finalized faster than the project proposed by Brussels, named Nabucco.

read more... 13/04/2010