Turkey made the groundbreaking ceremony for the $10 billion Trans Anatolian Natural Gas Project (TANAP) project to pipe Azeri gas to Western markets on March 17, in line with a plan which could help the EU reduce its dependence on Russian energy even as Moscow touts its own alternative. The groundbreaking ceremony was kicked off […]
Azerbaijan is running lower on energy income but, amidst a revived push for a role in gas distribution in Europe, not on energy-ambitions. Baku is pushing for the European Union’s seal of approval on the planned takeover of Greece’s gas distribution grid by Azerbaijan’s state oil and gas corporation, SOCAR. Energy Minister Natiq Aliyev expressed […]
Summary Blackbird Energy is an emerging explorer targeting the Montney formation in Canada. Thanks to its first two Montney wells, the company garnered increased attention over the last months. Hype and speculation pushed the company’s valuation to sky high levels. The drilling results were released just a few days ago disappointing the investors who dumped […]
Pipeline (TANAP) project expects BP to resolve outstanding issues soon to become a stakeholder in the multi-billion dollar project that aims to reduce Europe’s reliance on Russian gas, a TANAP official said on Wednesday. Magsud Mammad, the TANAP external relations director, told Reuters on the sidelines of an energy summit in Montenegro’s coastal resort of […]
An ancient walled city on a sparkling sea, surrounded by beaches and backed by the Dinaric Alps, Budva in Montenegro is one of dozens of Venetian-influenced towns along the Adriatic coast and the centrepiece of a tourism boom. Holidaymakers are drawn by Croatian islands such as Hvar, favoured by yachters, and Pag, popular with partygoers […]
The Southern Gas Corridor should be steered at the highest political level in Europe and Belgium, in addition to Azerbaijan. Marc Verwilghen, the former Belgian energy minister and director at the TEAS Brussels Office, made the remark at the Azerbaijan–Belgium: Co-operation in Energy and Beyond international conference – jointly organized by leading Belgian energy infrastructure […]
BAKU, March 9 (Reuters) – Azerbaijan state energy company SOCAR plans to announce a tender to find a company to conduct a feasibility study on Albania’s gas infrastructure plan as part of European efforts to reduce dependence on gas from Russia. Albania and Azerbaijan signed a preliminary agreement in December to cooperate in development of […]
Analysing the intersection between energy and climate change mitigation issues requires the adoption of a very long-term perspective. Energy infrastructure takes a very long time to build and has a useful life often measured in decades. New energy technologies take time to develop and even longer to reach their maximum market share. Similarly, the impact […]
Proin eget tortor risus. Curabitur arcu erat, accumsan id imperdiet et, porttitor at sem. Sed porttitor lectus nibh. Vestibulum ante ipsum primis in faucibus orci luctus et ultrices posuere cubilia Curae; Donec velit neque, auctor sit amet aliquam vel, ullamcorper sit amet ligula. Donec rutrum congue leo eget malesuada. Nulla quis lorem ut libero malesuada […]
Gazprom and Turkey have agreed the general route for the onshore section of the Turkish Stream pipeline. The first line of the 180 kilometer pipeline is expected to be completed by December 2016, according to company CEO Aleksey Miller. “We have identified and put on the map also the on-ground passage of the Turkish Stream […]