Caspian Energy Weekly ¹ 20 (174) 30 august 2005
ACCENT
IN STRUGGLE FOR THE TURKISH MARKET
The severe competition was turned for the perspective Turkish gas market in the nearest years. The basic competitors for deliveries of gas to Turkey and through Turkey to the countries of the Southern Europe were determined are Russia, Azerbaijan and Iran. And concerns of these countries have interwined "a cross on a cross". Iran wishes to build new gas lines to the Europe through Georgia and Ukraine, and Russia - to increase deliveries to Turkey. Being between these countries Azerbaijan, has chosen a forward and shortest path of deliveries - through Turkey.
WHO WILL GET KUMKOL'S OIL?
NEW BOSS WILL DEFINE IN SEPTEMBER
There is new agiotage in Kazakhstan has inflamed is rather right possession on oil riches of the country. According to analogy to shareholders shift in "Kashagan" the basic events are turned about around of statement of PetroKazakhstan for achievement of the agreement with CNPC about company's sale. Company owns Shimkent ORP in the south of Kazakhstan and elaborates a number of fields in the Southern-Turgai basin (STB) with total reserves more than 100 million tons of oil and an opportunity of an increment of reserves.
CASPIAN REGION
Kazakhstan
Russia
Turkmenistan
Iran
Caspian
GAS
MEP
CEYHAN IS READY TO GET BAKU OIL
There will be fully completed the construction of the Turkish part of BTC pipeline till November 15. Specialists from Azerbaijan and Turkey have visited on building leases of the pipe line, have made a decision to hold urgent measures on canceling the determined delays observable to this day in work. And Ceyhan is completely ready to push up of the first oil. Tanker from the terminal with the first oil will be sent to Europe till the end of 4th quarter.
TRANSPORTATION
Caspian ports
Baku-Novorossiysk
Odessa-Brody
ECONOMY
SOCAR
ORP
Infrastructure
Drilling
Tenders
CONSORTIA
"Azeri"
West Azeri
ACG
Salyan oil
Shirvanoil
"Surakhani"
COMPANIES
WORLD MARKET
OPEC DOES NOT EXPECT SHARP OIL PRICES REDUCTION
COUNTRIES-EXPORTERS OF "BLACK GOLD" ARE GOING TO PUSH UP THE PRODUCTION
Oil prices again get all records. And the records hit in economy of country both producers and importers of energy carriers. In result both sides are in loss. OPEC general secretary Adnan Shikhab Eldin declared last week that OPEC did not expect sharp oil prices reduction but it is possible to make it cheap by $7 in winter.