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Tag: SOCAR

Putin fails to undermine Azerbaijan as gas competitor - 14 August 2013 - News

Russian President Vladimir Putin failed to clinch a concrete energy deal on a rare trip to Azerbaijan yesterday (13 August), dashing Moscow's hopes to challenge the dominance of Western energy majors in the former Soviet republic.

Azerbaijan’s SOCAR buys Greek gas operator DESFA - 19 June 2013 - News

Greece is set to agree the sale of its natural gas grid operator DESFA to Azeri state energy company SOCAR, a senior official directly involved in the talks said yesterday (18 June). The deal appears to raise the chances that the Trans-Adriatic Pipeline (TAP) will win its bid for Azeri gas, against its competitor Nabucco.

Mitschek: Nabucco answers Azerbaijan’s strategic consideration - 29 May 2013 - Interview

Nabucco chief executive Reinhard Mitschek, who leads one of he two companies competing to obtain 10 billion of cubic metres of gas annually from the Shah Deniz gas field in Azerbaijan, made the case that his project means more diversification of exports for Azerbaijan by bringing its gas to at least 16 countries in Europe.

Communication crossfire signals high tension in pipeline race - 29 March 2013 - News

Nabucco West and the Trans Adriatic Pipeline (TAP), the two companies competing for Azerbaijani gas projects, have issued simultaneous statements today (29 March) that they have submitted the final package supporting their bids. The Shah Deniz consortium will chose between the two in June.

Azerbaijan to buy 50% stake in Nabucco - 21 December 2012 - News

Azerbaijan's Shah Deniz II gas group could agree to take a 50% stake in the Nabucco pipeline consortium by January, boosting Nabucco's prospects in a competition between projects that aim to pipe Azeri offshore gas into Europe.

Oettinger talks up Tanap pipeline - 15 November 2012 - News

EU Energy Commissioner Günther Oettinger has signalled that Brussels may soon accept the proposed Trans-Anatolian Gas Pipeline (TANAP), despite its earlier support for the Nabucco pipeline.   

Nabucco remains in competition for Azeri gas - 20 August 2012 - News

The Nabucco West project still has a chance of winning the contest to transport gas from Azerbaijan to European countries, even after a rival consortium signed a funding deal, an executive of the country's state oil firm said.

BP punches Nabucco below the belt - 29 May 2012 - News

UK oil major BP said it was no longer considering shipping gas from its Shah Deniz field in Azerbaijan through the Nabucco pipeline, dealing a blow to the troubled European project. But the European Commission said the “full-scale version” of Nabucco was still the main option under consideration.

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