Thursday, April 17, 2014

Drew EGC Report

News - (TAP) Trans-Adriatic Pipeline

Displaying 51 - 60 of 193 articles

The Southern Gas Corridor: Who Stands Where?

After almost a decade of intensive discussions and negotiations about the market and the European route for the Shah Deniz Phase 2 gas (SD2 gas), the Shah Deniz development consortium is expected to announce in two weeks time the countries to be supplied with Azerbaijani gas. It is worth noting that...

Round 13: An Interview with TAP's Kjetil Tungland

Editor's Note: Round 13 refers to the 13th round between Joe Frazier and Muhammad Ali in the legendary boxing match known as the "Thrilla in Manila." Round 13 is considered the fiercest round in boxing history. The Trans-Adriatic Pipeline and the Nabucco Consortium have been locked in a far...

Italy, Greece, Albania and Croatia Meet to Push for Trans-Adriatic Pipeline

Representatives of Italy, Greece, Albania, Croatia, Montenegro and Bosnia-Herzegovina met on Wednesday in Dubrovnik to support the Trans-Adriatic pipeline, according to Bloomberg.  “Our message to Shah Deniz is that TAP is less costly as it’s shorter, and that all the governments involved...

Southern Gas Corridor: Godot Finally Comes?

If all goes well, by the end of this month the multinational Shah Deniz Consortium will select the European leg of a grand pipeline project known as the Southern Gas Corridor to ship Caspian gas to Europe. The choice between Nabucco West that would bring gas to Central Europe, and the Trans-Adriatic...

Goodwill On TAP, IAP, Signed in Tirana

An international goodwill agreement has been signed regarding a proposed westbound pipeline that would carry natural gas from the Caspian basin, starting from Greece via Albania and the Adriatic Sea to Italy and further to Western Europe. Leaders of Albania, Bosnia Herzegovina, Montenegro and Croatia...

Azeri Energy Company to Borrow €15 Billion

Azerbaijan's official energy company SOCAR intends to borrow more than $20 billion (€15.5bn) over a five-year period to finance energy projects, the country's vice-president has said. The all-out effort aims to increase gas exports to Europe over seen by SOCAR (State Oil Company of Azerbaijan)...

Who is Compromising “South Stream” in Europe?

The third and fourth sections of Russia’s “South Stream” will be completed by 2018. However, supranational structures in Brussels and their representatives in Berlin still cannot set forth a predictable and unified position on this project of undisputed geopolitical importance. ...

Greek Prime Minister Samaras in Azerbaijan to Foster Trans Adriatic Pipeline

Greek Prime Minister Antonis Samaras met yesterday with Ilham Aliyev, President of Azerbajian, to discuss the prospects of the Trans Adriatic Pipeline (TAP), according to Italian news agency ANSA. The agency reports that Samaras aimed at convincing Aliyev that Greece is committed to concluding TAP...

Nabucco Chalks Up Big Interest from Shipping Companies

The Nabucco consortium says shipping-company interest in registration and capacity booking in the Nabucco West pipeline has already exceeded expectations just a fortnight after the launch of the registration phase of the Open Season. Nabucco has attracted strong interest from a variety of shippers...

The Conundrum of the Southern Gas Corridor: What are the Risks for Europe and Azerbaijan?

For more than ten years harsh negotiations among different oil majors and pipeline consortia have been taking place about the Southern Gas Corridor, all of them seeking to transit 10 bcm/year of natural gas that will be produced from the Shah Deniz giant gas field of Azerbaijan to the European Union.

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