SOCAR

GAS COLLISIONS BETWEEN BAKU AND BRUSSELS

By Viktar Katan

 

Experts are talking about the defeat of the EU, as Nabucco even as Nabucco West - has remained on paper. With TAP pipeline EU got the chance to direct supplies from the Caspian Sea 10 billion cubic meters of gas per year from 2019-th. But it will apply only to the two countries - EU member states through which the pipeline will pass - Greece and Italy. Having given the benefit of TAP, Azerbaijan lost the chance to get to Central Europe, where there will be a positive growth of gas consumption. The State Oil Company of Azerbaijan, or SOCAR, as a group of Western companies - participants of the Shah Deniz consortium and TAP, frankly scared to compete with "Gazprom". But for Baku it is not only in the gas.

 

Putin Looks Sour Loser On Nabucco

By Vladimir Socor

Russia seems to have lost its lobbying battle in Europe for its South Stream pipeline carrying gas and against rival Nabucco, which is planned to run from Azerbaijan via Turkey to the European markets. At present, Moscow seeks as a last resort to negate the availability of gas supplies to the Nabucco project in the Caspian basin.

Delays In Turkish-Azeri Gas Deal Raises Uncertainty Over Nabucco

By Saban Kardas

Turkey and Azerbaijan have proven unable to conclude their negotiations on natural gas cooperation, which have been in progress for over one year. Turkish-Azeri gas talks include several issues involving the revision of the price Turkey pays for its imports from Shah Deniz-I, the determination of the volume and price for its imports from Shah Deniz-II, and agreement on the volume and conditions for the transit of Azeri exports to Europe through Turkish territory.

Azerbaijan’s Gas Going East?

By Alexandros Petersen

Azerbaijan’s ongoing dispute with Turkey about transit terms and revenues for natural gas heading to Europe across Anatolia, as well as uncertainties about the Nabucco pipeline project, have compelled highest-level officials at Azerbaijan’s State Oil Company (SOCAR) to publically consider the option of exporting hydrocarbons eastward, potentially to China and other East Asian markets. However, as Baku would have to surmount significant hurdles to make that proposition a reality, it remains to be seen whether a reorientation of Azerbaijan’s energy posture is in the cards, or whether this is just rhetoric to spur the development of Western-oriented projects.