SOCAR has already identified which companies will have to share part of its share in the project of Transanatolian (TANAP) gas pipeline. According to today's statement of the president of SOCAR, Rovnag Abdullayev, members of "Shah Deniz" - British BP, Norway's Statoil and France's Total has officially appealed to the State Oil Company to participate in the project TANAP.
According to Abdullayev, SOCAR plans to reserve 51% from the current 80% share. But the head of SOCAR did not specify how the 29% package will be divided between the companies, and is there any chance that some company will not be involved in the pipeline company TANAP Co?
* If to take into account that all three companies are major partners of SOCAR on the project "Shah-Deniz", and that SOCAR , together with them enterers an expert group of Azerbaijani gas, most likely, BP, Statoil and Total will be among the founders TANAP Co .
The pipeline, which is over 1700 km, will have in the first phase a throughput capacity of 16 billion cubic meters, and then 22 billion cubic meters. Construction of the pipeline will begin in the third quarter of 2014, and will complete in 36 months. The initial project cost is eight billion Euro. -12С-
Economics
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Azerbaijani internet service providers Aztelekom and Baktelekom will introduce substantial changes to their pricing structure starting August 15, the companies announced today. Under the new tariffs, the minimum internet speed will rise to 100 Mbit/s, with the cost per Mbit/s decreasing from 0.45 AZN to 0.25 AZN. As a result, monthly charges will be set at 25 AZN for 100 Mbit/s, 30 AZN for 150 Mbit/s, and 36 AZN for 250 Mbit/s.
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