Caspian Energy Investor № 41 (274) 19 December 2007
ACCENT
AZERBAIJAN RAMPS UP GAS SUPPLIES TO THE EU
GAS DELIVERIES TO ITALY START IN 2012
Azerbaijan with her huge gas reserves proceeds with its export policy towards the EU countries. Today Azerbaijani gas is delivered to markets of Georgia, Turkey and Greece. At the next stage Azerbaijani gas will come to Italy. The relevant agreement was achieved in the follow-up of the visit (December 12) of Economic development Minister of Italy Pier Luigi Bersani to Baku.
CIBC
TRANSPORT INFRASTRUCTURE WILL KEEP EXPANDING IN AZERBAIJAN – AZERBAIJAN’S DEPUTY MINISTER OF TRANSPORT SAID AT THE CIBC MEETING
Today (December 17) Deputy Minister of Transport of the Republic of Azerbaijan Mr Musa Panahov met with the member companies of the Caspian Integration Business Club (CIBC) in Baku.
EXCLUSIVE
«TRANS-CASPIAN IS SEEN AS ANOTHER ROUTE FOR SUPPORT» - ANGUS MILLER
«In my mind there is only 10% of the amount of gas that Europe imports to be taken into the heart of Europe, the Central Europe, and that’s where the market will be mainly. So for Britain we will still rely on LNG imports from Algeria, Nigeria and other sources. And also, we have our own gas production. So for Britain, we are actually a net gas exporter. It will change but we still produce our own gas. And so in the long run we will become an importer and may be of Central Asian gas», said Angus Miller, Caspian Energy Adviser, Climate Change and Energy Group, UK Foreign Office, in his exclusive interview with Caspian Energy Investor.
CASPIAN REGION
Caspian Status
Kazakhstan
KAZAKHSTAN CAN EASILY WITHSTAND GLOBAL ECONOMIC DECLINES – NURSULTAN NAZARBAYEV
PRIME-MINISTER OF KAZAKHSTAN SUGGESTED TRANSFERRING STRATEGIC FACILITIES TO STATE OWNERSHIP
«Thanks to the correct economic strategy and gold and currency reserves of National Fund we can easily withstand and mitigate cyclic declines of global economy and ensure sustainable growth of the country», said President of Kazakhstan Nursultan Nazarbayev, speaking at solemn gathering dedicated to 16h anniversary of independence.
Turkmenistan
TURKMENISTAN PUT FORWARD NEW ENERGY SECURITY INITIATIVE
Turkmenistan is going to put forward transnational pipeline infrastructure security issue in the UN, said President of Turkmenistan Gurbanguli Berdimukhammedov during the meeting of Cabinet of Ministers, TDH reports.
Россия
Russia-Kazakhstan-Turkmenistan
Russia-Iran
GAS
GAS OPEC: TO BE OR NOT TO BE?
The ongoing reforms in the EU energy market make major global gas producers again view the idea of establishing a gas OPEC. Russia and Iran have started a big geopolitical game aimed at setting up a new gas alliance. The process originated when Russia and Algeria failed to have reached unanimity of views as regards a common policy in the global gas market.
MEP
TRANSPORTATION
TRACECA
Burgas-Alexandroupolis
Kazakhstan-China
ECONOMY
AZERBAIJAN’S GDP JUMPED 25.4% DURING 2007
AZERBAIJAN PRODUCED 38.1MT OF CRUDE DURING JANUARY-NOVEMBER 2007
During 11 months of 2007 Azerbaijan’s GDP grew 25.4% (20.8bn manat), said today (December 14) Chairman State Statistics Committee Arif Veliyev, Caspian Energy Investor reports.
TENDERS
MINISTRIES AND AGENCIES ANNOUNCING TENDERS
Several ministries and agencies in Azerbaijan announced tenders for acquisition of food and drugs.
SOCAR
Production
Certification
SOCAR’S Environmental Department has obtained OHSAS-18001 certificate from the Turkish Standardization Institute, SOCAR officials told Caspian Energy Investor.
Drilling
ORPs
COMPANIES
WORLD MARKET
IEA: GLOBAL OIL PRODUCTION ROSE BY 55KBD IN NOVEMBER
OPEC’S FUTURE PRESIDENT: IN JANUARY OIL PRICES WILL NOT CHANGE
Oil production worldwide in November 2007 rose by 55kbd over month, says the report published in Paris by the International Energy Agency (IEA).