On November 26, 2013 the Caspian Pipeline Consortium (CPC) plans to approve the extension project, considering the amendments, reported Interfax quoting Nikolai Brunich, CPC General Director.
He added that at the end of November CPC will put into operation the third mobile mooring facility.
We plan to launch the next terminal in Novorossiysk in November 2013,” Brunich said.
He reminded that the CPC started trial of the mooring facility No 3 in August 2013 and it took 2.5 months. He specified that the mooring facility is planned to be launched at the end of November.
The CPC extension project is between 6 to 12 months behind the schedule. Brunich explained that there were many objective and subjective reasons of delay.
There was a need to bring demands of the western companies into correspondence with the Russian laws and there was delay with equipment delivery. But the situation has changed now, he said.—0—
Economics
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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.
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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.
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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.
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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.
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