Caspian Energy Weekly ¹ 12 (166)     25 may 2005


ACCENT


  • BAKU-TBILISI-CEYHAN "NAMED AFTER HEYDAR ALIYEV" NOW SHOULD BE CALLED AS AKTAU-BAKU-TBILISI-CEYHAN "NAMED AFTER HEYDAR ALIYEV"


    OFFICIAL CEREMONY OF CELEBRATING OF OIL PUMPING INTO PIPELINE NAMED AFTER HEYDAR ALIYEV WILL BE HELD ON MAY 25.


    The official ceremony of celebrating of oil pumping into Baku-Tbilisi-Ceyhan oil pipeline named after Heydar Aliyev will be held on May 25.

    At the ceremony held at Sangachal terminal will be participating the President of the Republic of Azerbaijan Ilham Aliyev, the President of the Republic of Kazakhstan Nursultan Nazarbayev, the President of Georgia Michael Saakashvili, the President of Turkey Ahmad Necdat Sezar, Its Excellency Royal Highness Duke York Andrew Albert Christian Edward (Prince Andrew - The Great Britain), US Minister of Energy Samuel Bodman, chief adviser of US State Department on Eurasia ambassador Stephen Man, high rank guests from the Turkey, United States of America and other region countries.

    Baku declaration for transport corridor East-West was signed by the Ministers of Foreign Affairs.

    The Presidents of Azerbaijan, Georgia and Turkey signed Baku Declaration about construction of Kars Akhalkalaki railway.

    The BTC Co. shareholders are: BP (30.1%); SOCAR (25.00%); Unocal (8.90%); Statoil (8.71%); TPAO (6.53%); Eni (5.00%); Total (5.00%), Itochu (3.40%); INPEX (2.50%), ConocoPhillips (2.50%) and Amerada Hess (2.36%).

  • AT THE INTERSECTION OF TRANSPORT CORRIDORS
    AZERBAIJAN STRONGLY DEVELOPS THE TRANSPORT INFRASTRUCTURE

    The Minister of Transport of the Republic of Azerbaijan, Mr. Ziya Mammadov.

  • AT THE FIRST STAGE VIA AKTAU-BAKU WILL BE SHIPPED UP TO 7,5 MLN. TONS


    The President of JSC National Company "KazMunayGaz", Mr. Uzakbay Karabalin.

    • CASPIAN REGION

  • Kazakhstan

  • Turkmenistan

  • Russia

  • Iran


    • GAS

  • Azerbaijan imported in January - April 2005 1 bn and 772 mln cub. meter of natural gas that for 1,9% less than was in 2004.

  • JSC "Gazprom" plans to increase the gas export to Turkey via gas pipeline "Blue Fuel" up to 4,5-5 bcm in 2005 from 3,3 bcm in 2004 and 1,3 bcm in 2003.

  • JSC "Gazprom", "Gazexport" LLC and "OMV AG" signed on May 15, in Vienna new long-term agreement about natural gas transportation to the West Europe via West Austrian Gas pipeline (WAG - West Austria Gasleitung).


    • TRANSPORTATION

  • CPC

  • Karachaganak - Uralsk

  • Baku-Supsa-Odessa

  • Odessa-Brody


    • ECONOMY


    SOCAR

  • Export

  • Drilling

  • Statistic


    • CONSORTIA

  • "Azeri"

  • "Shah Daniz"


    • COMPANIES


    WORLD MARKET

  • OPEC CAN REDUCE THE OIL PRODUCTION IN CASE OF RESERVES' SHARP GROWTH




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