Displaying 1 - 10 of 27 articles
Ukrainian ambassador to Turkey Sergiy Korsunsky has said that Ukraine may seek a stake of up to ten percent in the Trans Anatolian pipeline project. Speaking at the CIS Oil and Gas Summit in Paris today in an expert role, rather than that of a government representative, the ambassador said...
Turkish state-run Botas has said that it supports the Nabucco pipeline, despite the project being rocked by doubts in recent weeks. Speaking to Bloomberg via email today, director of strategy and business development for Botas Levent Ozgul said his company fully backed the Nabucco project.
Azerbaijani Minister of Industry and Energy Natiq Aliyev has said that Azerbaijan is in the perfect position to become a transit hub for European energy. "Azerbaijan's main advantage is its diversified network of pipelines and reliable transport infrastructure, which positions the country as a key energy...
President of the State Oil Company of Azerbaijan Republic (SOCAR) Rovnag Abdullayev has said that Azeri gas production is set to rise to between 50 and 55 billion cubic metres a year by 2025. Speaking to The Business Year Journal, Mr. Abdullayev also said that this year would be a deciding year for...
Ukrainian Prime Minister Mykola Azarov has said that his country is ready and open to participate in the Trans Anatolian pipeline project, in a financial and technical capacity. At a meeting with Turkish Deputy Prime Minister Ali Babacan today, the prime minister said that Ukraine wished to "both make...
The Turkish government expects to ratify a Memorandum of Understanding (MoU) signed with Azerbaijan later this week, an official has said. Speaking to the Trend news agency, a spokesperson from the Turkish Grand National Assembly said the deal, which was signed last December, will be ratified shortly.
The State Oil Company of Azerbaijan Republic (SOCAR) has announced that work will begin on the Trans-Anatolian Pipeline (TANAP) by autumn of this year. "Work has begun on the preparation of a feasibility study of the TANAP project. It is planned to begin the actual work by the autumn of 2012," vice...
The final ownership agreement of the $6 billion Trans-Anatolian Pipeline (TANAP) has been put on hold as Turkey and Azerbaijan continue wrangling over who gets what. Currently SOCAR would hold an 80-percent stake in the project, and the two Turkish state-owned companies -- BOTAS (Petroleum Pipeline Corporation)...
President of the State Oil Company of Azerbaijan Republic (SOCAR) Rovnag Abdullayev has said that the company expects to keep operatorship of the Trans Anatolian Pipeline, even after it splits its share with other companies. "Our main purpose is to keep operatorship and control in the pipeline," he...
The Nabucco pipeline may not be dead yet. A scaled-down version of the long-planned project could end up being folded into a joint Azerbaijani-Turkish effort to transport natural gas from the Caspian Basin to Europe. Caspian gas exports was the main topic of discussion at the 11th Georgian International...