BP, Statoil and Total will share the SOCAR interest in the project TANAP
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-
-
- Social
- 7 November 2012 17:51
-
- Want to say
- 7 November 2012 18:27
Economics
-
BP, the operator of the Shah Deniz gas condensate field, announced on Sunday that production from the Shah Deniz Alpha platform resumed on the evening of January 18. This followed the complete resolution of a technical issue with the subsea condensate export pipeline between the Shah Deniz Alpha platform and the Sangachal terminal.
-
SOCAR President Rovshan Najaf met with the Minister of State for Petroleum of Pakistan, Musadik Malik, on January 18. According to SOCAR, the discussions covered joint energy projects, achieved outcomes, and cooperation opportunities in various areas, including the trade of petroleum products.
-
The State Statistics Committee of Azerbaijan reported that in 2024 investments in fixed assets reached 21,435.1 million manats, which is 0.7% less than in 2023. While overall figures edged lower, the sectoral breakdown reveals notable disparities between the oil and gas sphere and non-oil industries.
-
Azerbaijan’s industrial enterprises and individual entrepreneurs reported a modest 1.1% year-on-year increase in industrial production during 2024, reaching an output valued at 64.1 billion manat. The State Statistics Committee attributed the overall growth to a 0.5% expansion in the oil and gas sector, while non-oil and gas industries surged by 7.3%.
Ermənistan- ABŞ, Rusiya -İran strateji tərəfdaşlığı regiona nə vəd edir? – Şahin Cəfərli Çətin sualda
News Line
-
- Politics,
- 00:12
- 333
Leave a review