During 2014 6.5 billion cub.m. of gas was transported via the Southern Caucasian gas pipeline (SCP) Baku-Tbilisi-Erzerum (BTE) against 4.7 billion cub.m. in 2013, reported the Azerbaijan State Statistical Committee.
According to the Committee, in 2014 21.9 billion cub.m. of gas was transported via the gas pipelines of Azerbaijan, up 9.4% against 2013.
Transportation of gas via the Southern Caucasian gas pipeline started in 2007. Since that the record volume of pumping has been registered once. Before that 5 billion cub.m. of gas was transported only once in 2009.
Gas extracted from the Shah Deniz Phase 1gas condensate field on the Caspian Sea is exported via the Southern Caucasian gas pipeline. Gas is exported mainly to Turkey. Since 2013 Georgia also buys small volume of gas (not considering transit volume).
* SCP operated by BP company was built in 2004-2006, its length is 680 km and its carrying capacity is 7.4 billion cub.m. Then its construction cost shareholders of the Shah Deniz consortium $1.1 billion.—0—
Economics
-
Azerbaijan’s Information and Communication Technologies Agency (ICTA) held a meeting with representatives of internet service providers (ISPs) and telecom operators to address concerns over the accuracy of reported internet speeds and the country’s ranking in global broadband performance indices.
-
Bulgaria considers Azerbaijan a key strategic partner in the energy sector, as the country plays a crucial role in diversifying gas supplies and strengthening regional energy security, Bulgaria’s newly appointed Energy Minister Jecho Stankov said during a meeting with an Azerbaijani delegation.
-
Rovshan Najaf, president of Azerbaijan’s state oil company SOCAR, met with Majid Jafar, CEO of Crescent Petroleum, on February 6 to discuss potential avenues for collaboration in the energy sector. The meeting marked an important step in strengthening ties between the two companies, with both sides exchanging insights on their respective operations and assessing opportunities of mutual interest.
-
Rovshan Najaf, president of the State Oil Company of Azerbaijan (SOCAR), met with Sašo Berger, chairman of Slovenian energy company Petrol dd, and Simon Urbanc, CEO of Geoplin doo, on February 6, underscoring growing cooperation in the natural gas sector between Azerbaijan and Slovenia.
Leave a review