Transadriatic pipeline TAP

Head of SOCAR: Remaining gas reserves at Shah-Deniz estimated at 625 bln cubic meters

The remaining recoverable gas reserves at the Shah-Deniz field are estimated at 625 billion cubic meters, said head of SOCAR Rovnag Abdullayev.

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Construction of Albanian section of TAP completed by 99%

The construction of the Albanian section of the Trans-Adriatic Pipeline (TAP) is 99% complete.

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Italian Saipem interested in new projects in Azerbaijan

Italian oil and gas company Saipem is looking for new opportunities for activities in Azerbaijan. This was reported by the company.

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Energy Minister of Azerbaijan: Works on construction of TAP gas pipeline 75% fulfilled

Implementation of the Southern Gas Corridor project and commissioning of Greece-Bulgaria the interconnector will allow us to cover 40% of the needs of Bulgaria in gas, said the Ambassador in Azerba

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TAP gas pipeline will become a new source of gas for Italy and support measures for decarbonization - the head of the Ministry of Energy of Azerbaijan

The Trans-Adriatic gas pipeline (TAP) will become a new source of gas for Italy, whose costs for the import of "blue" fuel exceed the costs of other EU countries, Energy Minister of Azerb

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Will Bulgaria be new European gas hub

Sofia is trying to get a similar agreement with Gazprom to ensure transit of Russian gas through Bulgaria through the coastal or marine branch of the Turkish Stream gas pipeline currently under con

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US State Department supports Southern Gas Corridor

The US State Department has announced its support for Southern Gas Corridor. According to Washington, this project can compete with Russian gas.

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Azerbaijan and Turkey created a new energy map of Eurasia - Aliyev

Investments of Azerbaijani companies to the Turkish economy amounted to $13.9 billion, the Azerbaijani President Ilkham Aliyev said.

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Russian gas may be one of the sources for SGC - Deputy Vice President of SOCAR

The Deputy Vice President of SOCAR (State Oil Company of Azerbaijan) for investments and marketing Vitaly Beglyarbekov did not rule out that Russian gas in the future could become one of the source

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EBRD approves loan for $500 mln to finance TAP

On July 4, 2018, Board of Directors of the European Bank for Reconstruction and Development (EBRD) approved a loan for $500 million to finance construction of the Trans-Adriatic gas pipeline, the b

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