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
The natural gas exports of Azeri state energy company SOCAR are likely to drop from 2.84 billion cubic metres (bcm) in 2013 to 2.6 bcm in 2014 because of reduced volumes to Russia, as stated by a SOCAR official on Monday.
read more... 20/05/2014
Azeri state energy firm SOCAR intends to construct a huge complex processing oil, gas and petrochemicals near the capital Baku valued at $14.4 billion, which is estimated to be finished in 2023.
read more... 02/05/2014
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