Caspian Energy Investor ¹ 23 (256)     5 èþëÿ 2007


Announcement


Dear subscribers and members of the Club!


Due to the summer vacation, the next weekly issue of Caspian Energy Investor will be released in mid-August 2007.


With respect, editorship of CASPIAN ENERGY International Publishing House


ACCENT


  • AZERBAIJAN LAUNCHED GAS TO TURKEY

    •
    TURKEY INTENDS TO SELL AZERI GAS TO GREECE AT $149

    In 2007 Azerbaijan reinforced its positions as a reliable energy partner. Following the last year’s oil delivery, Azerbaijan launched gas to Georgia and Turkey. On July 3, 2007 Azerbaijan started delivering natural gas from Shah Deniz gas condensate field to turkey via Baku-Tbilisi-Erzurum gas pipeline.


    Exhibitions & Conference


  • FEC: EURASIAN ENERGY VECTOR


    • In view of the high interest to the 5th Russian Oil & Gas Congress, we continue reviewing the most urgent speeches and presentations of the reps of ministries and agencies of Russia, European countries, the states of the Black Sea-Caspian region as well as representatives of the world largest oil & gas corporations.


    EXCLUSIVE


  • «RUSSIA CANNOT SUPPLY AS MUCH GAS AS THE EU IS GOING TO NEED» - CHRISTIAN CLEUTINX

    •
    «Azerbaijan with her development of Shah Deniz is also very important for the EU. From this field gas is expected to be taken for Nabucco. We are also going to address some other countries; in some cases it is very difficult but one should not forget that Iran sits on 15-16% of world’s gas reserves. Thus, we have a lot of alternative variants in the Middle East. One of them is Central Asia that can supply gas for Nabucco», said Christian Cleutinx, Director, General Directorate for Energy and Transport with European Commission, Coordinator of Russia-EU energy dialog, in his exclusive interview with Caspian Energy Investor.


  • UKRAINE IS INTERESTED IN ENERGY CARRIERS FROM CASPIAN REGION» - STEPAN VOLKOVETCKYI

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    «Ukraine is interested in energy carriers both as a transit country and as customer, even as a re-exporter. In order to ensure its energy security each country shall have several energy sources and in case each source makes up over 20-30% it is a threat to national security. Today Ukraine receives almost 100% of energy carriers from one source, Russia. This is the main reason why we seek for alternative sources», said Stepan Volkovetckyi, Ambassador Extraordinary and Plenipotentiary of Ukraine to Azerbaijan, in his exclusive interview with Caspian Energy Investor.


    CASPIAN REGION


  • Kazakhstan

    •

  • KAZAKHSTAN READY TO BOOST ENERGY DIALOG

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    Azerbaijan, Kazakhstan shall setup agreement for Kazakhstan’s oil transit via Baku-Tbilisi-Ceyhan pipeline by the yearend 2007.

  • Turkmenistan

    •

    MEP


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

    •
    The Marketing and Operations Department of the State Oil Company of Azerbaijan (SOCAR MO) has announced the winner of the marketing tender issued to sell the next 15th consignment of profit oil of Azerbaijan.


    TRANSPORTATION


  • Baku-Novorossiysk

    •

  • CPC

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    ECONOMY


  • WE ARE INTERESTED IN RELATIONS WITH ISLAMIC CORPORATION – HEYDAR BABAYEV

    •
    «We are interested in extension of relations with the Islamic Corporation (ICD) and going to provide all support to this cooperation», said Minister of Economic Development of Azerbaijan Heydar Babayev during the meeting with Ali Saliman, ICD’s Private Sector Development Manager.


  • SUMGAYIT COMBINED-CYCLE UNIT ERECTED AT HIGH RATES


    • Two 160MW gas turbine units and one 164MW steam-turbine unit are being installed under the Sumgayit power plant construction project.


  • GETTING FROM BAKU TO THE GEORGIAN FRONTIER WILL TAKE LESS THAN 4 HOURS


    • At the today’s meeting (July 3) Minister of Transport Ziya Mammadov and Vice-President of BECHTEL Charles Redman discussed construction of the trans-Azerbaijan national express highway (TAMEY).


  • INDICATORS OF CURRENCY SECTION AT BISEX ROSE BY 41.4%

    •
    By the results of trades at currency section the BISEX (Baku Interbank Stock Exchange) identified top five bank-operators if hard currency market in June 2007.


    SOCAR


  • Drilling

    •


    COMPANIES




    WORLD MARKET


  • OPEC SLIGHTLY INCREASED PETROLEUM PROUCTION IN JUNE 2007


    • The Organization of Petroleum Exporting Countries, except for Iraq and Angola, has slightly increased oil production in June against the background of major increase in Iran and Nigeria, says Tuesday review issued by Reuters.