AZERBAIJAN KEEN ON GAS TRANSPORTATION TO EUROPEAN MARKETS

26.01.2007 [21:10]
President of the State Oil Company Rovnag Abdullayev met with Wolfgang Ruttenstorfer, executive director of the Austrian OMV oil firm. W. Ruttenstorfer expressed satisfaction that he arrived in a country where the world’s first oil well was drilled industrially. ...

SOCAR INCREASES ITS PROPERTY IN GEORGIA

25.01.2007 [11:34]
The State Oil Company of the Azerbaijan Republic (SOCAR) has purchased Kulevi terminal located in the coastal area between the rivers of Tsiva and Xobi and the Georgian Black Sea coastline to provide the alternative ...

MONTHLY OIL PRODUCTION TARGET BEATEN

19.01.2007 [20:30]
Oil production hit 776.27 thousand tons in December, State Oil Company of Azerbaijan said. It is 35.68 thousand tons more than scheduled. ...

SOCAR PURCHASES BUILDING AND GROUND AREA FOR ITS BRANCH IN GEORGIA

16.01.2007 [14:06]
The State Oil Company of Azerbaijan opened its branches in Romania, Turkey and Georgia last year. It will help the company strengthen its positions in the international relations system. The ...

GAS PRODUCTION RESUMED IN SHAHDENIZ FIELD

16.01.2007 [12:23]
Production in the Shahdeniz field was resumed on January 14. Gas reached Sangachal terminal on January 15. The well produces 3.4 million cubic meters of gas and 1300 tons of ...

NEW WELL COMES ON STREAM IN GUNESHLI FIELD

14.01.2007 [14:30]
According to the State Oil Company of Azerbaijan Republic, a new highly productive oil and gas well was put into operation in the Guneshli field. The well drilled by Bayil ...

AZERBAIJAN GAS REACHES GEORGIA

13.01.2007 [12:56]
Azerbaijan gas reached Georgian borders on January 12 for further distribution domestically, Georgia’s Ministry of Energy reported.
Azerbaijan will be exporting 3 million cubic meters of gas for eleven days, ...

GEORGIA TO ACQUIRE SHAHDENIZ GAS AS WELL

13.01.2007 [11:30]
Georgia has begun to domestically distribute gas bought from Azerbaijan with no problem occurred, State Oil Company of Azerbaijan Republic said.
Export to Georgia makes up 3 million cubic meters ...

OVER 40m BARRELS OF OIL PRODUCED FROM CHIRAQ IN 2006

12.01.2007 [16:35]
BP Azerbaijan said the Chiraq platform produced over 40 million barrels of oil in 2006.
The platform currently has 20 wells: 14 oil producers and 6 water injectors.
Since the ...

ABOUT 60.3m BARRELS OF CRUDE SHIPPED FROM CEYHAN TERMINAL

11.01.2007 [20:24]
Turkish oil pipeline corporation, Botas, said to date, about 60.3m barrels of oil have been shipped from the Turkish terminal of Ceyhan.
Fifty percent of the oil is being transported ...

ABOUT OIL STRATEGY OF NATIONWIDE LEADER OF AZERBAIJAN HEYDAR ALIYEV

11.01.2007 [14:57]
“Worthy realization of the tasks put forward in the “Contract of the Century”, successful implementation of new oil strategy is one of the basic guarantees of permanence of the state ...

OVER $568 MILLION SPENT ON SOUTH CAUCASUS PIPELINING

08.01.2007 [14:10]
Over $568 million were spent last year on the construction of the South Caucasus pipeline, according to BP.
Reportedly, the total cost of the project exceeds $4 million ...

DELIVERY OF SHANDENIZ GAS TO TURKEY TO START NEXT MONTH

07.01.2007 [14:01]
The delivery of the Shandeniz gas to Turkey will start in February, Huseyin Saltuk, President of the Turkish oil pipeline corporation, Botash, said.
Mr. Saltuk said at the first stages ...

NEW PLATFORM TO BE CONSTRUCTED ON "OIL ROCKS"

05.01.2007 [16:22]
6 platforms with 78 wells are scheduled to be constructed on the "Oil Rocks" until 2010, according to the State Oil Company of Azerbaijan Republic.
The State Commission accepted the ...

SCP CONSTRUCTION EXPENDITURES MAKE UP $568 MILLION

05.01.2007 [14:23]
South Caucasus Pipeline construction expenditures came to $568 million last year, BP said.
The total value of the project is $4 billion ...

SOCAR PREPARING PLAN OF ACTIONS TO INCREASE GAS PRODUCTION

05.01.2007 [14:00]
According to the State Oil Company of Azerbaijan Republic, a program of actions was prepared to increase gas production.
Implementation of the program in 2006-2015 will result in extracting over ...

LAST YEAR’S OIL EXPORT FROM CEYHAN TERMINAL REACH SOME 50 MILLION BARRELS

05.01.2007 [13:34]
Oil export from the Heydar Aliyev Ceyhan terminal stood at some 50 million barrels last year.
65 tankers with oil were sent to USA, Israel, Italy and India. There are ...

OVER 40m BARRELS OF OIL PRODUCED FROM CHIRAG IN 2006

02.01.2007 [13:56]
BP Azerbaijan said the Chirag platform produced over 40 million barrels of oil in 2006.
The platform currently has 20 wells: 14 oil producers and 6 water injectors.
Since the ...

SOCAR ANNOUNCES OIL TENDER WINNERS

01.01.2007 [19:30]
The State Oil Company of Azerbaijan has announced all the winners of oil products tender in December.
Switzerland’s TOTSA company won a tender for purchasing 75 thousand tons of TS-1 ...