About: Shah Deniz II

Azerbaijan 27-08-2018

Merkel holds ‘intensive’ discussions in Azerbaijan

German Chancellor Angela Merkel held what she called "intensive" discussions with Azerbaijani President Ilham Aliyev in talks that addressed energy cooperation, human rights, and the conflict between Azerbaijan and Armenia over the disputed Nagorno-Karabakh region.
Azerbaijan 23-08-2018

After Trump attack on Russia ties, Merkel eyes Azeri gas

Castigated by US President Donald Trump as relying too much on Russian gas supplies, German Chancellor Angela Merkel heads to Azerbaijan this week to discuss the development of a southern pipeline to deliver gas to Europe from the Caspian.
Energy 12-06-2018

Three presidents inaugurate TANAP pipeline in Turkey

The presidents of Turkey, Azerbaijan and Georgia will inaugurate today (12 June) the Trans Anatolian Natural Gas Pipeline (TANAP), a key section of Europe's long-delayed Southern Gas Corridor (SGC), according to announcements made in the three country's media.
Energy 16-01-2018

Azerbaijan ready to invest in Bulgaria’s gasification

Azerbaijan, via its state energy company SOCAR, is ready to engage in Bulgaria’s gasification at its own expense. The statement was made by the President of Azerbaijan Ilham Aliyev on the occasion of a visit by the Prime Minister of Bulgaria Boyko Borissov to the central Asian country.
Energy 04-10-2016

SOCAR: The TAP project is at risk

There is a risk for the realisation of the Trans-Adriatic pipeline (TAP), which is part of the Southern gas corridor, due to delays in issuing permits by the local authorities in the Italian region of Puglia, Vitaly Baylarbayov, deputy Vice President of SOCAR told EURACTIV in an exclusive interview.
Energy 05-09-2016

New discoveries improve the Southern Gas Corridor’s prospects

Azerbaijan said natural gas produced in the Absheron offshore gas field in the Caspian Sea could be exported through the Southern Gas Corridor. Until now it was planned that only gas from Shah Deniz 2, another offshore field, would be sent to Europe.
Energy 12-05-2016

Southern gas corridor on time, BP executive says

The Southern Gas Corridor, a project of pipelines to bring new gas supplies to Europe, is running on time and on budget, a BP senior executive said today (12 May).
The Lukoil refinery in Burgas, Bulgaria
Azerbaijan 31-08-2015

Bulgaria offers Azerbaijan ‘a package’ of energy projects

The Bulgarian government has proposed a package of energy cooperation projects to Azerbaijan. It remains unclear if the massive deal is part of a swap of property linked to a plan to divest 17% of Azerbaijan’s shares of Greek gas operator DEFSA to a third country.
Azerbaijan 26-05-2015

SOCAR: It is impossible to stop the Southern Gas Corridor

To imagine that a project like Turkish Stream could ruin the Southern Gas Corridor is complete nonsense. Unlike the Gazprom project, the Southern Gas Corridor is about billions of dollars already being invested, Vitaly Baylarbayov, deputy Vice President of SOCAR told EURACTIV in an exclusive interview.
Energy 30-04-2015

TAP pipeline secures exemption from Third Energy Package

The Trans-Adriatic pipeline (TAP), representing the European section of the Southern Gas Corridor (SGC) which will bring gas from Azerbaijan, has obtained an extension of the validity period of the project’s exemption from third party access to its pipe.
Azerbaijan 11-03-2015

Aliyev: Azerbaijan concerned by Commission’s DESFA investigation

Azerbaijan, which has acquired Greek gas transmission system operator DESFA, is wondering why the European Commission is taking so long to decide if the deal is compatible with EU law, Minister of Energy of Azerbaijan Natig Aliyev told EURACTIV.
Energy 10-12-2014

Russia confirms decision to abandon South Stream

Following a statement by EU ministers who said they wanted Russia to clarify its intentions concerning the South Stream gas pipeline, Russian gas monopoly Gazprom confirmed yesterday (9 December) that the decision to abandon the project is final.
Energy 19-06-2013

Azerbaijan’s SOCAR buys Greek gas operator DESFA

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.
Energy 29-03-2013

Communication crossfire signals high tension in pipeline race

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.
Energy 13-02-2013

Oettinger gives thumbs up to trans-Adriatic pipeline

The EU's Energy Commissioner Günther Oettinger welcomed the signature today (13 February) of an agreement between the governments of Italy, Albania and Greece to build the Trans-Adriatic pipeline TAP, as a possible component of the Southern gas corridor linking the EU to the resource-rich Caspian region.
Energy 31-01-2013

Race between Nabucco and TAP pipeline hots up

Representatives of Nabucco and TAP, the rival pipelines planned to carry gas from the Shah Deniz II offshore field in Azerbaijan, both told EURACTIV they were in a better position to obtain the contract. A decision by Azerbaijan is expected in June.
Energy 23-01-2013

After Nabucco, TAP too proposes shares to Azerbaijan

The Trans-Adriatic Pipeline (TAP ) group has agreed offer up to 50% of its shares to the Shah Deniz gas consortium - made up of Azerbaijan's state gas company SOCAR and leading European energy partners. The deal follows the rival Nabucco pipeline's recent decision to give the Caspian Sea gas consortium the chance to acquire half of its shares.
Energy 11-01-2013

Nabucco to become ‘a real pipeline’ soon, owners say

The companies behind the Nabucco pipeline have agreed to give Azerbaijan's Shah Deniz gas group a stake in the project to pipe the country's gas to Europe, boosting its prospects against the rival TAP project.
Energy 21-12-2012

Azerbaijan to buy 50% stake in Nabucco

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.
Energy 20-08-2012

Nabucco remains in competition for Azeri gas

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.
Energy 29-05-2012

BP punches Nabucco below the belt

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.
Energy 21-02-2012

Greek crisis kills ITGI pipeline project

Azerbaijan has eliminated one of the main competitors bidding for the gas of the Shah Deniz II offshore field, apparently over concerns that one of project's partners, Greek gas company DEPA, would not be able to carry on with the project.
Energy 13-12-2011

Azerbaijan postpones gas auction decision

Azerbaijan has delayed until March 2012 a decision on which bidder will get natural gas produced as part of the Shah Deniz field's second stage. Nabucco and three other pipeline projects are competing in the auction and results were expected this month.
Energy 17-11-2011

US urges Azerbaijan to choose ‘smaller pipeline’

A smaller, cheaper alternative to the EU-backed Nabucco pipeline could be the best choice to carry Caspian natural gas to Europe, though Nabucco retains US political support, Washington's special envoy for Eurasian energy said in Baku.