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Turkey boosts gas import by 20% in April
Turkey increased gas imports (including LNG) by 19.61% to above 4.25bn m³ in April compared with the same month of 2016. According to a report, released by the…
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Turkish Tanap Line Over 3/4 Built
To date, the construction of the 31bn m³/yr Trans-Anatolian Pipeline is 77.3% built, and gas supplies will begin to flow through it in the second half of 2018, the head of…
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Greece Extends Desfa Bidding to August
Greece's privatisation agency Taiped (HRADF in English) said July 24 that its board, following a request from a potential investor, has decided to extend up to August 7 2017 the…
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Socar Studies Bulgarian Supply Options
Bulgarian gas transmission system operator Bulgartransgaz and Azerbaijan’s state-run Socar signed an MOU July 18 to look into shipping natural gas to Bulgaria and…
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LNG: The Caspian's Alternative Route to Market
Azerbaijan could become a gas hub in a Caspian and has opportunities for developing LNG projects according to Claudio Steuer (pictured below), founder, and director of SyEnergy,…
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First Shah Deniz 2 Topsides Installed
The first Shah Deniz 2 platform topsides has been installed, according to the offshore Caspian field's operator BP. Following the successful sail-away of Azerbaijan’s Shah…
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Socar to Boost Bulla Deniz Output
Azerbaijan's state producer Socar plans to commission two production wells in the Bulla Deniz offshore gas/condensate field in the next three months, increasing the field's…
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Baku Covers Socar Losses on Regulated Market
Azerbaijan's government has decided to pick up the bill for state-owned Socar's 2016 losses incurred in supplying the regulated domestic gas market. Finance Minister…
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Oil, Gas Account for 93% of Azerbaijan's Q1 Exports: Correction
(Column 3 of table now shows data for Q1 2016, replacing FY 2016; text amended.) Azerbaijan's current account surplus for the first quarter of 2017 amounted to $380.2mn. the…
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Azerbaijan to Double Storage Capacity
Azerbaijan state oil and gas producer Socar's CEO Rovnag Abdullayev has said that the capacity of the country's underground gas storage (UGS) has been increased to 3.5bn m3. This…
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Azerbaijan Energy Minister Natiq Aliev Dies
Azerbaijan’s energy minister Natig Aliev, 69, died in the morning of June 9, a week after he was hospitalised following a heart attack. He had been receiving treatment in…
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Uzbekistan, Gazprom To Cooperate Further
State Uzbekneftegaz and Russian gas giant Gazprom signed an agreement on strategic cooperation last week, following their gas supply deal two months ago. The parties jointly…
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Socar Eyes Shafag-Asiman Prospect
BP-Azerbaijan proposes to start drilling the first exploratory well in the Shafag-Asiman deepwater Caspian block in 2019, says Socar. Drilling operations are expected to be…
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China Eyes Azerbaijan Petchems Project
Senior executives from the oil and finance sectors in Azerbaijan and China signed May 14 a memorandum of understanding regarding investment in Socar’s gas petrochemicals…
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Caspian Platform Gas Leak Forces Evacuation
A gas leak at well No. 319 on Platform 7 in the shallow part of the Gunashli field, offshore Azerbaijan, has forced the evacuation of personnel May 11, state oil company Socar…
