Caspian Energy Weekly ¹ 18 (172)     16 august 2005


ACCENT


  • HALF WAY TO CEYHAN
    KAZAKHSTAN SUBMITTED TO AZERBAIJAN THE AMENDMENTS DONE TO INTERGOVERNMENTAL AGREEMENT

    Long-term project of pipeline construction connected the Caspian Sea with the Mediterranean close to its completion - oil crossed Azerbaijan-Georgian border last week and reached the first pump station in the territory of Georgia. At the same time, there is accelerated the Azerbaijan-Kazakhstan negotiation about oil transit via Aktau-Baku-Tbilisi-Ceyhan. Project participants are BP (30,1%); SOCAR (25,00%); Unocal (8,90%); Statoil (8,71%); TPAO (6,53%); ENI (5,00%); Itochu (3,40%); ConocoPhillips (2,50%); INPEX (2,50%), Total (5,00%) and Amerada Hess (2,36%).


    • CASPIAN REGION


  • Caspian

  • Kazakhstan

  • Azerbaijan-Turkmenistan

  • Turkmenistan

  • Turkmenistan-Iran

  • Iran

  • Georgia


    • CASPIAN ECOLOGY



    GAS



    TRANSPORTATION


  • Caspian ports

  • Baku-Supsa

  • Odessa-Brody-Plotsk

  • BTE

  • Baku-Novorossiysk

  • Baku-Batumi

  • TRACECA


    • ECONOMY



    SOCAR


  • Profitability

  • Projects

  • Drilling

  • Geophysics

  • ORP


    • CONSORTIA


  • "Shah Daniz"

  • ACG

  • "Chirag"

  • "South-Western Gobustan"


    • COMPANIES


    WORLD MARKET


  • OPEC COUNTRIES INCREASED THEIR OIL SUPPLIES

     BBL ROSE UP TO $65

    In July oil supplies by OPEC increased to 285.000 bpd in comparison with June due to completion the prophylactic works at some UAE fields.