Caspian Energy Investor ¹ 17 (250)     25 May 2007


ACCENT


  • AZERBAIJAN READY TO PROVIDE EUROPE WITH ENERGY RESOURCES

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    ROMPETROL INTENDS TO SIGN A LONG-RANGE CONTRACT WITH SOCAR

    Caspian energy is viewed among the main sources of energy delivery diversification to the EU. In this content the special attention is paid to Caspian gas deliveries via Nabucco. Last week MOL of Hungary was quite active in this respect. Too, these issue on the threshold of annual CASPIAN OIL AND GAS Exhibition were in the center of attention of officials from Norway, US, germany and Romania.


  • SOCAR – TO INTERNATIONAL STAGE

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    SOCAR PREPARING TO BECOME ONE OF LARGEST INVESTORS IN ENERGY MARKET OF TURKEY


    EXCLUSIVE


  • SOCAR’S FIRST VICE-PRESIDENT: INTEREST IN AZERBAIJANI FIELDS INTENSIFIES

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    «SOCAR today is not the organization it had been years back, when the work with foreign companies was just beginning. SOCAR is steadily turning into the world-class company that can independently operated at earlier out-of-reach areas in Azeri sector of the Caspian Sea», said Academician Khoshbakht Yusufzadeh, First Vice-President of SOCAR, in his interview with Caspian Energy Investor.


  • " AZERBAIJAN WAS ONE OF OUR FIRST INTERNATIONAL VENTURES AND IS TODAY ONE OF THE LARGEST FOREIGN COMMITMENTS ", PRESIDENT STATOIL AZERBAIJAN

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    «Statoil is ranked the world’s most sustainable oil and gas company by the Dow Jones Sustainability World Index for the third year in a row. The main reason for this recognition is that Statoil integrates sustainability as an important element in value creation and strategic planning.

    We ourselves have been a key player in managing Norway’s oil wealth. Azerbaijan was one of our first international ventures and is today one of the largest foreign commitments», said Kristian B. Hausken, Country Manager of Statoil in Azerbaijan, in his exclusive interview with Caspian Energy Investor.


    CASPIAN REGION


  • Kazakhstan

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  • KAZAKHSTAN: EXTRACTABLE OIL RESERVES REACH 4.8 BT

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    OIL AND GAS CONDENSATE PRODUCTION IN KAZAKHSTAN TOTALED 22.3MT SINCE THE EARLY 2007

    The energy resources and access to export trunk pipelines is an important issue of internal and external policy and a component of national security of the Republic of Kazakhstan. At the moment the approved extractable oil reserves in Kazakhstan, including the Kazakh sector of the Caspian Sea, total some 4.8 BT, or 35 billion barrels.

  • Kazakhstan-Turkmenistan

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  • Turkmenistan-Azerbaijan

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    CASPIAN ECOLOGY




    GAS


  • GAZPROM TO DISTRIBUTE GAS IN AUSTRIA

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    Gazprom is viewing the opportunity of joining the Nabucco Gas Pipeline Project. Sergey Kupriyanov, the official spokesman of the Russian gas giant Gazprom told journalists. As per him, Gazprom regards the opportunity to join the Nabucco project as the expression of intentions of some countries to provide their territories for Russian gas transit. “However, gas for transportation is not available now”, the rep of Gazprom says. Nevertheless, as per him, the volumes of gas projected for delivery via Nabucco from Turkey to Austria (through the territories of Bulgaria, Romania and Hungary) have not been contracted yet.


    MEP


  • SOCAR MO ISSUES A MARKETING TENDER TO SELL THE NEXT CONSIGNMENT OF PROFIT OIL IN CEYHAN


    • The Marketing & Operations Department of the State Oil Company of Azerbaijan (SOCAR MO) has issued a marketing tender so as to sell the 14th consignment of Azerbaijani profit oil.


    TRANSPORTATION


  • Baku-Tbilisi-Kars

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  • HIGH-SPEED RAILWAY MAY BE BUILT IN AZERBAIJAN

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    Azerbaijan views the possibility of building a high-speed railway from Baku to the Azerbaijani border with Georgia. The length of the railway will be 503 km. The travel speed of the railway will be 150 km.

  • Burgas-Alexandroupolis

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  • Caspian Ports

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    EXHIBITIONS


  • 13TH INTERNATIONAL FOOD INDUSTRY EXPO OPENED IN BAKU

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    The 13th International Food Industry Exhibition has been opened under the joint organization support of ITE Group and its partner company in Azerbaijan, Iteca Caspian LLC in the Baku Heydar Aliyev Sports and Concert Complex on May 23.


    ECONOMY


  • AZERBAIJAN’S GDP JUMPS 37.1%

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    AZERBAIJAN INDUSTRIAL PRODUCTION OUTPUT INCREASED BY 36.6%

    The volume of the gross domestic product (GDP) of Azerbaijan reached AZN 6.9 bln. since January through April, 2007. This figure exceeds the corresponding period of last year by 37.1%.


  • EBRD ANNOUNCES DECISION ON PARTICIPATION IN PROJECT OF GRANTING 3RD SYNDYCATED CREDIT A/B-LOAN – 3

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    EBRD (European Bank for Reconstruction and Development) has announced its decision to take part in the project of the third syndicated credit A/B-Loan-3.


  • MOORE STEPHENS TO COLLATE NEXT EITI REPORTS

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    The sitting of the Selection Group established in accordance with the Memorandum of Understanding signed to implement EITI in Azerbaijan between the Governmental Committee on EITI, foreign and local extractive industry (oil and gas) companies and the NGOs’ Coalition for Increasing Transparency in Extractive Industries took place on May 21


  • CONSTRUCTION ACTIVITIES CONCLUDED AT SUMGAYIT COMBINED-CIRCLE PLANT

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    Construction activities at the Sumgayit combined-circle plant have been concluded. The capacity of the plant is 517 MW.


    SOCAR


  • Drilling

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  • Projects

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    CONSORTIA


  • Kashagan

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  • Kurovdag

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    COMPANIES