Dear Sirs!


Editorial office of CASPIAN ENERGY magazine has an honour to present to your attention a new project – Caspian weekly information-analytical bulletin called Caspian Energy-Weekly.

In this bulletin you will be able to find all information on the Caspian investment projects and events, that took place during a week.

The following information will be presented to your attention: exclusive interviews of the leaders of fuel and energy complex both of Azerbaijan and foreign oil companies, as well as representatives from ministries of countries, which are interested in development of Caspian oil-and-gas industry.


CASPIAN ENERGY - Weekly includes the following rubrics:


ACCCENT – review, comments and analysis of important event that will take place soon;


TURKMEN SUMMIT - WALKING IN EXCLUSIVE CIRCLE

Initiative of Turkmenbashy is threatened with being frozen, since Russia strives for strenghthening influence in the Caspian region…



EXCLUSIVE-exclusive interviews on important issues and events, that took place during current week;


Natig Aliyev: "We don't rule out the possibility of making Azerbaijani gas deliveries to Iran"



CASPIAN REGION -review of important events, that took place in Azerbaijan and Caspian region;


  • Ashgabad though looking forward to a meaningful dialogue with Baku, however, is not going to abandone its positions.

  • The Head Summit of the Caspianside States is to be held toward the end of April

  • Caspian Energy - "Delovaya Nedelya" (Business week, Kazahstan) Gulshen Ashirova

    IN CASE OF A SCALE DEVELOPMENT OF ENERGY RESOURCES UZBEKISTAN CAN LEAVE THE NEIGHBOURS BEHIND ON PRODUCTION OF THE "BLACK GOLD"

  • Oil pipeline in China will not yet be constructed

  • Ministry of Foreign Affairs of Kazakhstan considers that Turkey does not have grounds to quote export of the Kazakhstan oil through straits Bosphorus and Dardanelles to the Black sea

  • American company Access Industries has obtained in Trust management 25,12 percents of shares of the Kazakh oil-extracting Joint Stock Company " SNPS - Aktobemunajgaz "

  • Regional Power Network Companies of Kazakhstan are to be privatized

  • Vladimir Putin deems necessary to strengthen protection of oil sector in Chechnya

  • Volume of oil recovery in Chechnya in 2002 will reach 1 million tons - Vladimir Hristenko

  • Volume of an oil recovery in Tatarstan in 2006 can reach 30 million tons.

  • Volume of an oil recovery in Russia in January, - February 2001 has increased on 5,5 % and made 51,984 million tons.

  • Turkmenbashi is going to Kiev



    • PIPELINES - review and comments on events, that took place in economy of Azerbaijan and other Caspian countries;


  • CONSTRUCTION OF OIL PIPELINES NETWORK IN THE CASPIAN SEA BECOMES IRREVERSIBLE

  • TOTALFINAELF IS PLANNING TO JOIN SPONSOR GROUP OF MEP BAKU-TBILISI-JEYHAN

  • The first stage of formation of sponsor group for financing of MEP project (Baku-Tbilisi-Jeyhan) will be completed to the middle of detailed engineering phase

  • Georgia refused to reduce its transit fee

  • ENI is ready to invest 20 billion EURO in Kazakhstan



    • SOCAR- rubric is responsible to elucidate and give an information on all SOCAR arrangements (events).


  • SOCAR 'slipped' on Muradkhanli field

  • SOCAR is not rushing to enter new PSA's

  • SOCAR plans to pump 135 thousand tones of oil through Baku-Novorossiysk pipeline in April

  • SOCAR sent Muradkhanly Operating Company notification of non-compliance by the latter with its contractual obligations.

  • Amirov Oil and Gas Production Department (OGPD) plans to increase gas supply to Salyan

  • "Azerneftyag" extended the terms for submission of bids for the tender on procurement cables and electric equipment.

  • New offshore platform is constructed in "Darwin Bank" field.




    • CONSORTIUMS -all information about the work of all Azerbaijan and Kazakhstan consortiums and partial progress in northern Caspian shelf;


  • Drilling of the second hole of the first exploration drilling well is going to be started on "Inam" oil field

  • Drilling depth of the first exploratory well on "Absheron" structure is more than 4700 meters.

  • In April AIOC to be start seismic survey on "Azeri" oil field.

  • AIOC shareholders have favourable terms to join a Main Export Pipeline (MEP) sponsor group

  • JAOC is completing seismic data interpretation on " Ateshgyakh " area.

  • TotalFinaElf have chosen a wrong location for drilling of the first exploratory well on "Talysh-Deniz " oil field

  • LUKOIL intends to extend duration of the exploratory period on perspective structure D-222 until "Shelf -7" SSDR upgrade completion



    • ENERGY- all information about electric-power network and perspective projects;


  • Alibayramlielektrikshebeke JSC created

  • Azerbaijan's electrical power supply network privatization rendered consulting assistance by TACIS experts

  • Tender to be invited in late April for erection and delivery of equipment necessary to enlarge the Mushfiq electrical power substation

  • Real capacity of Azerbaijan's electrical power stations averages 80% of their nominal capacity

  • Bakielektrikshebeke JSC experiencing 2.4% expenditure increase

  • Local electrical equipment manufacturers dislike actions by Azenerji leadership

  • Broadening Azerbaijan-Iran relations in the area of electrical power production

  • Turkish electrical power supplies to Nakhichivan not increasing

  • American experts forecast 42% increase of electrical power consumption in Russia and CIS until 2020



    • GAS –


  • ONE "BUT" IN AZERBAIJANI-TURKISH GAS AGREEMENTS. PARTICIPANTS OF "BLUE STREAM" DO NOT COUNT ANY MORE ON QUICK PAYBACK

  • Azerbaijani side transfers project of transit agreement for consideration to Georgia

  • "AzNIPIgaz" has prepared alternatives of reconstruction of Galmaz and Garadag gasholders

  • First block of turbine power plant at Karachanak field to be entered into operation in the 3d Quarter of 2001.

  • "GazProm" does not see competition on the part of western companies in providing Europe by gas distillate - R.Vyahirev

  • The government of Russian Federation tries to establish common rules of game on the domestic gas distillate supply market

  • The gas distillate price in Russia within 7-8 years should reach 55 USD for 1 thousand cubic meters - Chairman of FEC



    • PARTNERS OF SOCAR - current information on companies, that work on Caspian;


  • Ramco is going to mine a shallow part of "Guneshli" together with the company TotalFinaElf

  • The Russian-Byelorussian company "Slavneft" is going to sign the memorandum with SOCAR

  • ITERA will invest up to 1,5 billion dollars in development and exploitation of gas fields per the proximate 7-10 years.

  • Profit of Shell under the totals of 2000 formed 12,719 billion dollars.



    • ECOLOGY –


  • Azerbaijan possesses the great potential of renewable energy

  • Ecological researches are being conducted in the Azerbaijan sector of the Caspian Sea

  • 90 percents of fish caught near ÎÊIÎÊ - considered to be sick

  • The oil spill formed after the tanker wreck on Baltic, reaches the shores of Denmark