Tuesday, September 16, 2014

Drew EGC Report

News - Azerbaijan

Displaying 1 - 10 of 242 articles

EU Seeks Stronger Ties with Azerbaijan

European officials visited Azerbaijan’s President Ilham Aliyev to discuss cooperation opportunities, including energy projects.   “President Ilham Aliyev has received a delegation led by European Union Commissioner for Enlargement and European Neighbourhood Policy Stefan Fule.

Turcas Petrol Chair Aksoy: Turkey Needs to be Regional Power-Broker

Turkey is constantly trying to expand energy resources as well as diversification from new sources. Within this context, Turkey plans to be a major player in the region as it describes itself 'energy hub' for the region. Natural Gas Europe had the pleasure of an interview with Turcas Petrol Chairman...

SOCAR and its Greek Gas Market Struggles

In mid-2013, Azerbaijan's SOCAR landed a deal with the Greek government under which it would assume control of its gas transmission company, DESFA, by acquiring 66% of the shares. Since then the agreement has been essentially frozen due to the EU Commission's objections, despite continuous lobbying from...

Baku’s Energy Strategy for Southeast Europe

Background During President’s Ilham Aliyev official visit to Athens on 15 June, energy issues will be top of the agenda: Greece is becoming increasingly important for Azerbaijan as a gateway to the European gas market, and for the Southern Gas Corridor (SGC) project as a whole. Now that the Trans-Adriatic...

Turkey Will Not Increase its Stake in TANAP, Yildiz Says

Turkey does not plan to increase its stake in Azeri-Turkish Trans Anatolian Natural Gas Pipeline Project (TANAP), Turkish Energy Minister Taner Yildiz said. In the sidelines of a signing ceremony of SOCAR's Star Refinery's $3.3 billion credit in Istanbul, Yildiz stated that Turkey will keep its 30% stake...

TPAO to Boost Shah Deniz Stake

TPAO, the Turkish state oil company, will acquire Total SA’s stake in the Shah Deniz gas project. In a deal signed in Istanbul on Friday, the Turkish state oil company acquired Total SA’s ten per cent stake in Azeri gas project. According to a statement, the transaction is valued at $1.

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