Caspian Energy Weekly ¹ 02 (191)     26 January 2006


ACCENT


  • PRESIDENT OF AZERBAIJAN HOLDS EMERGENCY MEETING


    GAS SUPPLY FROM ACG FIELDS, 5 WELLS NOT OPERATING

    In order to solve this problem, the President of Azerbaijan Ilham Aliyev, held a meeting yesterday (Jan. 25) particularly regarding weather conditions in the republic.


  • PRICES FOR PETROLEUM PRODUCTS NO MORE TO RISE IN THE NEAREST PROSPECTIVE


    RISE IN PRICE FOR PETROLEUM PRODUCTS RESULTED IN GROWTH OF DIESEL EXPORTS

    The increase of retail prices of a number of petroleum products resulted in instability in the domestic fuel market of Azerbaijan. The Tariff Commission of Azerbaijan increased the retail prices for a number of petroleum products, and disapproved the decision regarding increase of prices on goods and services for producers. As a result Azerbaijan increased the export of diesel fuel bringing extra profits to state treasure.


  • AZERBAIJAN STARTED TO SUPPLY EMERGENCY ENERGY TO GEORGIA


    BAKU FIRSTLY LIMITED GAS SUPPLY FOR POPULATION

    Saakashvili has not any doubt about simultaneous explosions at three lines of energy being “sabotage against the Georgian energy system”.

    Last Sunday, Georgia lost almost all of its sources of energy from Russia – at night in the Northern Osetiya the main and reserve pipelines were undermined, and next morning supporting PTL was damaged in Karachayevo-Cherkesiya. Azerbaijan began emergency supply of energy carriers to Georgia, particularly gas and energy power. The president of Georgia, Mikhail Saakashvili has accused Russia of deliberate damage in the gas pipeline and PTL, naming the accident "diversion" and "retaliatory action". MFA of Russia considered these statements as "hysterics and bacchanalia" and assumed that "Tbilisi irrevocably has decided to spoil completely its relation with Russia".


    • CASPIAN REGION


  • Kazakhstan


  • Turkmenistan-Russia


  • DEPENDS ON TURKMENBASHY
    V.PUTIN: TWO COUNTRIES “HAVE COMMON INTERESTS REGARDING CASPIAN”

    Presently, Turkmenistan has the contract with Gazprom for delivery to Russia of 30 bcm at 65 USD per one thousand cubic metre, and Turkmenbashy has promised to Naftogaz Ukraine 40 bcm at 60 USD. Thus physically on gas-supplying system Central Asia - the Center is possible to pump over only 41 bcm of Turkmen gas. For changing of this scheme, Turkmenbashy has arrived to Moscow at the beginning of this week. Putin has from its part declared intention to discuss with the President of Turkmenistan, Saparmurat Niyazov a situation at negotiations about development of a legal status of the Caspian Sea.


  • Turkmenistan


  • Russia



    • CASPIAN ECOLOGY



    GAS


  • GAS CONCERNED RELATIONS ON MARKET RAILS
    GAZPROM REVEALED HISTORY OF WAR AND PEACE TO FOREIGN INVESTORS

    Regarding the problem between Ukraine and Europe Gazprom has solved all issues and has completed the campaign on concluding of new contracts for gas supply this year with the CIS countries. Top-managers of the concern spoke that the main reason for starting a gas war is providing European consumers with security.


    • MEP


  • BTC TO BE FILLED BY MARCH 2006
    ALMOST ALL TECHNICAL MATTERS SETTLED FOR KAZAKH OIL TRANSIT VIA BTC

    All new messages are appeared at mass media regarding the terms of BTC named after Heydar Aliyev commissioning. If SOCAR thinks that pipeline will be commissioned in April then AIOC says about spring of 2006. More optimistic is a statement of the Turkish ranks informing that pipe will be filled in March 2006.


    • TRANSPORTATION


  • Baku-Batumi

  • Baku-Novorossiysk

  • Caspian ports


    • ECONOMY



    SOCAR


  • Drilling

  • Anniversary

  • Statistics


    • CONSORTIA


  • Nakhchivan and Zafar-Mashal

  • Shah Daniz

  • Kurovdag


    • COMPANIES



    WORLD MARKET


  • OPEC CAN REDUCE OIL PRODUCTION
    OIL CONSUMPTION IN THE WORLD TO INCREASE IN 2006

    OPEC is able to make a decision for reduction of oil production during the meeting on January 31 because of spring reduction request’s. Information about it was appeared on Sunday at URL of the Ministry of oil Industry of Iran referring to Iranian representative in OPEC Hussein Kazempur Ardebili.