Latest news
Azerbaijan to start gas deliveries to Balkan Gas Hub by 2020
Gas from Azerbaijan’s giant Shah Deniz 2 in the Caspian Sea will enter the Balkan Gas Hub in Bulgaria by 2020, as assured by Azerbaijan’s state oil company SOCAR.
read more... 03/10/2016
Azerbaijan: SOCAR opens new gas distribution network in Georgia
President of Azerbaijan’s SOCAR Rovnag Abdullayev took part with the Energy Minister of Georgia Kakha Kaladze in the launching of a gas distribution network in Girikhli village of Marneuli area in Georgia, as stated by SOCAR on September 5, 2016.
read more... 07/09/2016
Fluxys abandons plans to acquire a 17% stake in Greek gas grid operator DESFA
Belgium’s Fluxys has given up plans to purchase a stake in Greece’s natural gas grid operator DESFA from Azeri company, SOCAR.
read more... 04/04/2016
Asian Development Bank to grant $450 mln in loan to expand Shah Deniz II project in Azerbaijan
Azerbaijan state-run energy company Socar has applied for a $450mn loan from the Asian Development Bank (ADB) to bolster its Shah Deniz project.
read more... 30/03/2016
Italy's Snam interested in acquiring 17 pct stake in Greek gas network from SOCAR
Italian gas grid operator Snam would like to purchase a 17 percent stake in Greek gas grid operator DESFA from SOCAR, as stated by the Azeri state energy company's president on Tuesday, in an agreement that may calm European Commission worries.
read more... 11/11/2015