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BP: Caspian gas pipeline's Georgia section to be accomplished by mid-2018

BP intends to finalise by mid-2018 the Georgian section of a $40-billion strategic pipeline bringing Caspian gas from Azerbaijan into Europe, as stated by the British energy firm's country manager for Georgia.

read more... 02/05/2017


Construction of gas interconnector between Greece and Bulgaria to start in early 2018

The construction of the gas pipeline link between Bulgaria and Greece (IGB) is expected to start in the beginning of 2018, interim Bulgarian energy minister Nikolay Pavlov said during a visit to Azerbaijan.

read more... 23/02/2017


Azerbaijan to ramp up gas production, lower oil in 2017

Resource-rich Azerbaijan is envisaging producing more gas and less oil in 2017, according to the energy minister Natiq Aliyev.

read more... 26/01/2017


Azerbaijan has begun purchasing gas from Iran, according to state energy firm

Azerbaijan began purchasing natural gas from Iran earlier this year so as to cover its domestic requirements, state energy company SOCAR's vice president said on Tuesday.

read more... 28/12/2016


Socar and BP’s consortium to extend the development of Azeri-Chirag-Gunashli oilfields until 2050

Azerbaijan’s energy major SOCAR and BP-operated Azerbaijan International Operating Company (AIOC) signed a deal to extend the development the Azeri biggest fields by a quarter of century to 2050.

read more... 26/12/2016