Caspian Energy Investor № 10 (285) 13 march 2008
ACCENT
«BULGARIA READY TO PURCHASE GAS FROM AZERBAIJAN» - GEORGI PIRVANOV
Today Azerbaijan is a key in Europe’s future gas supply and the talks are underway on this matter with Nabucco member-governments and companies. One of project links in Europe is Bulgaria. This week all these issues were discussed in Baku between heads of the two countries, Azerbaijan as a gas supplier and Bulgaria as a transiting and importing country.
NEW FORMAT OF ENERGY COOPERATION:
CASPIAN SEA – BLACK SEA – BALTIC SEA
“Currently we are defining the frames of Caspian Sea-Black Sea-Baltic Sea cooperation and energy factor matters in this respect. Azerbaijan became a country that produces and runs abroad both oil and gas. Oil and gas from our rich fields are already delivered to global markets, including those across the EU. We are going to ramp up the production». This year oil and gas production in Azerbaijan shall be 53MT and 18bcm, respectively. But the potential is, undoubtedly, much higher”, said President of Azerbaijan Ilham Aliyev on February 26 during his meeting in Warsaw with his Pole counterpart Lech Kaczynski. In 2007 Azerbaijan produced a national record of 41.7MT of crude and 11bcm of natural gas. Thus, this year the country plans to ramp up oil and gas production by 27 and 64 percent, respectively.
EXCLUSIVE
OUR ULTIMATE TARGET IS TO DIVERSIFY GAS SUPPLIES AND TRANSPORTATION THROUGH TURKEY TO EUROPE» - HILMI GULER
«Турция сосредотачивает усилия на осуществлении проектов по обеспечению внутренних потребностей в газе и обеспечению Европейских рынков путем открытия нескольких новых артерий к этому континенту через Турцию. С этой целью в сотрудничестве с вовлеченными странами и ЕС осуществляются проекты юго-восточного европейского газового кольца и NABUCCO», – заявил в эксклюзивном интервью Caspian Energy Investor министр энергетики и природных ресурсов Турции Хильми Гюлер.
CASPIAN REGION
Kazakhstan
ANMR ADVOCATES ENLARGING NATURAL MONOPOLIES REGISTER IN KAZAKHSTAN
The Agency for Natural Monopolies Regulation offers the government to include a number of new energy facilities in the state register of monopolies. According to ANMR’s forecasts, electricity fees in Kazakhstan shall rise by 15.7% this year. In general the Agency revealed excessively raised by some electricity generation entities fees.
Russia-Kazakhstan-Turkmenistan-Uzbekistan and Iran
RUSSIA AND CENTRAL ASIA VIRTUALLY CREATING GAS OPEC
GAS
South Stream
White Stream
Nord Stream
TRANSPORTATION
Black Sea ports
Baku-Tbilisi-Kars
TENDERS
MINISTRIES AND AGENCIES ISSUING TENDERS
A number of ministries, agencies and organizations in Azerbaijan and Turkmenistan have issued tenders on procurement of different goods, materials and various spare parts, etc.
ECONOMY
TELECOM
AZERBAIJAN INTENDS TO CUT DOWN AMOUNTS OF PIRATE SOFTWARE
МСIТ offers to purchase licensed software for state agencies
UN RAISES AZERBAIJAN’S E-READINESS INDEX
SOCAR
SOCAR RELEASES 2008 JANUARY-FEBRUARY PRODUCTION RESULTS
In January-February 2008 the onshore and offshore production of the State Oil Company of Azerbaijan (SOCAR), operating companies (OC) and joint ventures (JV) made 1428.28kt of oil, which is 15.58kt (or 1.1%) down compared to the respective 2007 level, SOCAR told Caspian Energy Investor.
CONSORTIA
ACG
Inam
COMPANIES
WORLD MARKET
OIL DEMAND DECREASED IN WORLD MARKETS IN IIQ
Shakib Helil, Minister of Energy and Mining of Algeria presiding over the Organisation of Petroleum Exporting Countries foreboded the oil demand in global markets to slow down to 1.4 million barrels in IIQ.