Azeri-Chirag-Gyuneshli, Russia Oil and Gas
Moscow continues to oppose the Trans-Caspian. At this time the Russian Foreign Ministry spokesman Aleksandr Lukashevich commented on the construction of the Trans-Caspian Gas Pipeline (THC), which would connect Azerbaijan and Turkmenistan, and then direct the gas flow on the Southern Corridor to the EU, bypassing Russia. According to him, Russia and Iran are now actively opposing this position, stating that the construction of such a pipeline under the Caspian Sea must enlist the support of all the countries of the Caspian region.
In September following the President, R. Erdogan, a new Prime Minister of Turkey, A. Davutoglu, visited Azerbaijan. He connected his visit to the ceremony of the construction start of the TANAP by which it is planned to ship gas from the Azeri deposit Shakh-Deniz to Europe. The project was represented as the expansion of the existing gas pipeline Baku-Tbilisi-Erzurum in the framework of the Southern Gas Corridor. The construction start was nominal as it is planned to ship the Azeri gas to Erzurum by TANAP with the use of the already existing capacities. The works on the adaptation of the existing pipe to the pumping of the additional volume should start on April 1st 2015.
The ceremony was held in Baku on September 20th on the day of the 20th anniversary of signing in 1994 of the “contract of the century” that meant the foundation of the consortium of the western companies for the development of oil deposits “Azeri-Chirag-Gyuneshli”. The continuation of the “contract of the century” aimed for the Azeri oil transportation by passing Russia was the Baku-Tbilisi-Ceyhan oil pipeline put into operation in 2006 …
Azerbaijan should intensify negotiations with the Russian side about the reversing of the Baku-Novorossiysk pipeline for the start of Siberian oil transporting. Otherwise, Azerbaijan will have to bear large expenses for the maintenance of Baku-Novorossiysk, Baku-Supsa and Baku-Tbilisi-Ceyhan pipelines the transporting of which is considerably lowered.
In 2017, oil transporting via the pipelines of Azerbaijan will lower by 11.4% to 39.7 million tons in comparison to the forecast for 2013.
They forecast that oil transporting will be 44.8 million tons in 2013, 43.7 million tons in 2014, 44.5 million tons in 2015, and 42.2 million tons in 2016. In 2012, oil transporting was 43.3 million tons. Even the entire volume mentioned above is not enough to load BTC by 100%.