On June 28, 2013 the Shah-Deniz consortium has selected the trans-Adriatic pipeline (TAP) route and on July 1, 2013 EU released statement of the European Energy Commissar Gunter Oettinger saying that “the Nabucco West still remains urgent.” Oettinger pins hopes on development of fields on the Caspian shelf in the future.
Almost the same viewpoint was expressed at the ceremony of announcement of the route in Baku by Gordon Birrell, BP-Azerbaijan President, on Friday. He claimed that Azerbaijan has perspective gas fields and as soon as they discovered the both pipelines will be claimed. He also meant the Nabucco-West.
Two questions arise here: why is BP-Azerbaijan President so sure that several big gas fields will be discovered and the second export route will be needed for transportation of their resources? And the second question what calculations the fact that the Nabucco-West must become a commercially attractive project in 10 years is based on?
By 2023-2025 there will be new infrastructure projects in Europe, including delivery of liquefied gases from North America, different parts of Africa, Near East and, possibly, pipelines from the Mediterranean Sea.
If the pipeline project has not been implemented now with the lobbying of the West, how it can still be urgent when competition will increase by ten times.
From the logical viewpoint, Nabucco project and also its shorter version Nabucco-West remained political projects.
In this context position of BP company is unclear: why did it decide to support political projects? Al Cook, Vice President of BP for Shah-Deniz, said clearly that “there was a big difference in the price of gas and its transportation between TAP and Nabucco West.—0—
Economics
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Kazakh Energy Minister Almasadam Satkaliyev said on Monday that Kazakhstan and Azerbaijan continue to discuss prospects for transporting Kazakh oil through the Baku-Supsa oil pipeline, which has been idle since spring 2022, Kazakh media reported.
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The supply of Azerbaijani gas to North Macedonia will transition to a regular basis in the mid-term, an informed source told Turan.
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In Azerbaijan, the minimum consumption basket may be reassessed next year. This was discussed during a joint meeting of parliamentary committees. The last changes to the consumption basket were made a decade ago. However, during this period, inflation has risen, and the cost of the minimum living standard has also increased. Moreover, some experts believe that the current minimum consumption basket in Azerbaijan requires significant updates, with the inclusion of additional goods and services.
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Azerbaijan's draft state budget for 2025 prioritizes strategic objectives outlined by President Ilham Aliyev, including economic growth, social development, and reconstruction of liberated territories, according to senior officials speaking at a parliamentary session on Monday.
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