SOCAR President Rovnag Abdullayev said that the proposals were received from the partners of the project "Shah-Deniz" who would like to participate in the construction and operation of the Transanatolian gas pipeline (TANAP).
According to him, SOCAR owns in the project 80%, and 20% - Turkey
state company BOTAS.
"In summer, we said that we wanted to offer some of our share to other companies, retaining 51%. BP, Statoil and Total are willing to participate in this project," said the head of SOCAR.
He said that these companies have already submitted their proposals to the SOCAR,
which wants to distribute the shares as follows: BP and Statoil - 12%, and Total - 5%.
Abdullayev stressed that these are preliminary plans, and so far not any documents have been signed.
Earlier, the local and international media reported that BP wants take in TANAP the second position after SOCAR. The president of BP, Bob Dudley, has made several visits to Ankara and Baku, held a meeting with the leadership of both countries.
BP and Statoi l have in the project of the Baku-Tbilisi-Erzurum gas pipeline 25.5% each, and apparently, they want to have the same share in TANAP.
* The intergovernmental agreement between Azerbaijan and Turkey to build a pipeline TANAP, length of 1790 km, the primary capacity of 16 billion cubic meters, to deliver more of Azerbaijani gas to the Turkish market and Europe, was signed on 26 June in Istanbul. The Parliamentary Committee of Azerbaijani parliament approved on the agreement on November 6. -0-
Economics
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On 21 December, Russian Transport Minister Roman Starovoit met with Azerbaijani Minister of Digital Development and Transport Rashad Nabiyev at the Russian Ministry of Transport.
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Hundreds of trucks are stuck in the Kazakh port of Kuryk, facing delays for several days while waiting for ferry transport to Azerbaijan, the Azakhstan portal reports lada.kz. The backlog is due to a combination of reduced ferry availability, adverse weather conditions, and an influx of cargo rerouted because of expanded sanctions on Russia.
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Members of the Association of Independent Industrialists and Businessmen (MÜSIAD) have invested 61.3 million manats in Azerbaijan's economy over the past three years, Rashad Jabirli, chairman of "MÜSIAD Azerbaijan," revealed during a media briefing.
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While the global economy faces persistent challenges, trade between China and Azerbaijan has defied downward trends, demonstrating significant growth. According to official statistics from Azerbaijan, bilateral trade in 2023 reached 3.1 billion US dollars. In just the first ten months of 2024, trade volume increased by 17.1% year-on-year, reaching 3.02 billion US dollars, putting the annual trade figure on track to hit a record high.
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