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Question of the week

Will the russian Turkish stream be launched, or an apology to Erdogan is not enough?

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News // Поиск по тегу 'azerbaijan'

SOCAR establishes new company

Azerbaijan’s energy major Socar established a new Socar Capital Company, which will operate in the capital market of the country.

14 December 2016 , 16:23Nigar AbbasovaNeftegaz.RU0

Asian Development Bank extends financial support to Azerbaijan´s Shah Deniz gas field

An estimated $1 billion in assistance will help Azerbaijan develop its flagship Shah Deniz complex in the Caspian Sea, the Asian Development Bank said.

07 December 2016 , 16:21Neftegaz.RU0

Barkindo: OPECs’ decision to cut production not contingent upon talks with non-OPEC members

OPEC Secretary General Mohammad Barkindo said that OPECs’ decision to cut production and comply with the committed output levels is not contingent upon the outcome of the meeting with non-OPEC countries scheduled to take place on December 10, 2016.

06 December 2016 , 17:25Neftegaz.RU0

Azerbaijan’s Energy Minister plans Vienna visit for OPEC meeting

Azerbaijan’s Energy Minister Natig Aliyev will participate in OPEC’s meeting with non-OPEC countries that will be held on December 10 in Vienna.

06 December 2016 , 12:09Neftegaz.RU0

Socar's gas production costs rise

The cost of natural gas production from fields owned by Azerbaijan’s state-run Socar rose 6.8% in 2015 year-on-year, it said in its annual report.

05 December 2016 , 12:46Neftegaz.RU0

Azerbaijan’s Socar and Italy’s Snam failed to reach an agreement with Greece

Greece's 3-year-long attempt to sell its gas transmission system operator Desfa has collapsed after the government and the potential buyers – Azerbaijan’s Socar and Italy’s Snam – failed to reach an agreement.

02 December 2016 , 12:05Nefetgaz.RU0

Turkey takes less russian gas

Turkey decreased Russian gas import by about 2.4bn m³ during Q1-3 2016 to about 16.7bn m³, the Energy Market Regulatory Authority statistics indicate.

28 November 2016 , 13:44Neftegaz.RU0

Azerbaijan cuts gas losses

Azerbaijan's state statistical committee reports that in Jan-Sep 2016 the amount of gas lost in onshore pipes was 3.3% (525mn m³), down from 4.4% (735mn m³) in 3-Qs of 2015.

24 November 2016 , 12:07Ilham ShabanNeftegaz.RU0

French Total signs pact with Azerbaijan´s Socar over Caspian gas field

Total and Socar have struck an agreement for the first phase of production of the Absheron gas and condensate field in the Caspian Sea.

21 November 2016 , 17:49Neftegaz.RU0

RussNeft reports gas find in Azerbaijan

Russia's seventh largest oil and gas producer Russneft is planning to add 15bn m3 of gas in Azerbaijan to its balance sheet reserves in 2017, according to a company filing published because of its planned IPO on the Moscow stock exchange.

17 November 2016 , 18:00Neftegaz.RU0

Azerbaijan´s SOCAR - German UNIPER joint venture established

Azerbaijan’s energy giant SOCAR and German Uniper Energy Company created a joint venture for manufacturing a steam turbine generator.

17 November 2016 , 16:01Nigar AbbasovaNeftegaz.RU0

Russia and Iran sign flurry of energy deals. What’s next?

As lifting of sanctions on Iran boosted the influx of Iranian crude into international oil markets, some analysts and industry experts reckon that Iran and Russia are likely to be forced to compete with each other for market share in European and Asian markets, especially in the wake of growing tensions between Russia and Europe.

14 November 2016 , 00:09Ekaterina PokrovskayaNeftegaz.RU0

Iran to link Turkmenistan and Azerbaijan with gas market

Gas swap has been revived with contribution of the private sector and Iran will from now on, serve as a link for Turkmenistan and Azerbaijan and the gas zone.

09 November 2016 , 12:09Neftegaz.RU0

Erdogan: Turkey strongly supports Turkish Stream

The president of Turkey Recep Tayyip Erdogan said that Turkey has started work on the vast projects to diversify Europe's energy resources and support its energy security.

11 October 2016 , 12:15Neftegaz.RU0

Azerbaijan and Kazakhstan are planning to lay new Eskene-Kuryk-Baku oil pipeline

The Ministry of Energy of Azerbaijan Aliyev announced, that it is planned to lay a Trans-Caspian oil pipe from Kazakhstan to Azerbaijan with capacity of up to 56 million tons a year.

07 October 2016 , 12:08Neftegaz.RU0

Socar eyes Bulgaria’s UGS expansion

Azerbaijan´s Socar is interested in participating in the expansion of Bulgaria's underground gas storage (UGS) facility at Chiren, Bulgaria's energy ministry said.

05 October 2016 , 13:12Kama MustafayevaNeftegaz.RU0

Azerbaijan´s Socar's plans to hold talks with the Greek government next week

SOCAR´s CEO Rovnag Abdullayev announced on September 23, 2016, that he plans to hold talks with Greek officials over a deal to buy Greek natural gas pipeline operator DESFA.

23 September 2016 , 16:08Neftegaz.RU0

Malaysian Petronas and Azerbaijan's SOCAR partner to explore oil offshore

Petronas and SOCAR have signed a Memorandum of Understanding (MoU) to explore, develop and produce hydrocarbons from an offshore block in the Caspian Sea.

19 September 2016 , 17:34Neftegaz.RU0

Socar waiting for proposals from Greece on DESFA before expiration of transaction guarantee

Until 30 September Socar is waiting for proposals from the Greek government for conflict settlement on privatization of DESFA gas distribution network.

16 September 2016 , 10:14Neftegaz.RU0

SOCAR suspends cogeneration plant project in Turkey

Head of Turkish petrochemical complex Petkim told that Azerbaijan’s oil company SOCAR has suspended the project for construction of a cogeneration plant Petkojen in Turkey due to technical reasons.

08 September 2016 , 16:18Neftegaz.RU0

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