About: Shah Deniz
Germany provides €1.2 billion loan for Southern Gas Corridor
The German Ministry of Finance will provide €1.2 billion to help Azerbaijan finance its part of the Southern Gas Corridor project, Deutsche Welle reported.
Top policymakers reassure Europe on Azeri gas deadline
The Southern Gas Corridor will start pumping gas from the Caspian Sea to Europe by 2020, its backers said yesterday (23 February), despite the risk of delays to this option for reducing dependence on Russia.
TAP pipeline open to other shareholders, including Iran
The Trans Adriatic Pipeline (TAP), which will carry Azeri gas to European markets, and is seen as Europe's alternative to its reliance on Russia, is open to new shareholders, including Iran, a spokeswoman for the project said yesterday (8 April).
Bulgaria wants to revive Nabucco, Azerbaijan says pipeline name ‘not important’
Hosting the President of Azerbaijan on an official visit to Bulgaria, Prime Minister Boyko Borissov said his country wants to revive the Nabucco pipeline project. President Ilham Aliyev said that what really matters is to bring more Azeri gas to Europe, and that the name of the future pipeline is not important.
Azeri gas to reach Bulgaria through interconnector
The Trans Adriatic Pipeline AG (TAP) and the Interconnector Greece-Bulgaria (ICGB) have signed an agreement laying the foundations for linking the two projects and thus bringing gas from Azerbaijan to Bulgaria, a country that depends on Russia for almost 100% of its gas imports.