BAKU-TBILISI-CEYHAN PIPELINE UNDER CONSTRUCTION

31.07.2003 [16:05]
The laying and filling of pipes got underway at the Sangachal terminal outside Baku last week, BP reports, adding that the effort is part of the Baku-Tbilisi-Ceyhan export pipeline construction ...

INA TO COOPERATE WITH SOCAR

31.07.2003 [15:23]
Croatian State Oil Company (INA) stands ready to cooperate with the State Oil Company of Azerbaijan Republic, official representative of INA in Baku, head of the ‘ATTAC PR’ Fatima G. ...

POSSIBILITY OF PUMPING KAZAKHSTANI OIL ALONG ODESSA-BRODY PIPELINE

31.07.2003 [13:11]
Kazakhstan and Ukraine have agreed to create a joint work group to study the possibility of pumping Kazakhstani oil along the Odessa-Brody pipeline. According to the pres service of ...

REMAINDER OF PETROLEUM PRODUCTS ACCUMULATED AT OIL REFINERIES WORTH 170.2 BILLION MANAT

31.07.2003 [12:42]
Storage tanks at Azerbaijani oil refineries have accumulated over the 1st half of this year unrealized products worth an overall 170.2 billion manat, which is 29.0% of the total volume ...

DAILY OIL PRODUCTION FROM “CHIRAG-1” REACHED 19 THOUSAND TONS

30.07.2003 [21:42]
According to the SOCAR president Natig Aliyev, daily oil production from the “Chirag-1” platform has come to 19 thousand tons. Construction of the platforms to develop the Central, Western, ...

5,5 US DOLLARS INVESTED IN OIL SECTOR

30.07.2003 [18:50]
Until now, over 28 million tons of oil has been exported from the “Azeri-Chirag-Guneshli” oilfield, 5,8 billion cubic meters of accompanying gas have been handed over for use to ...

IFC AND EBRD TO HOLD FIRST PUBLIC MEETING ON BTC PROJECT

30.07.2003 [14:01]
The International Financial Corporation (IFC) and the European Bank for Reconstruction and Development have started a public hearing on the Baku-Tbilisi-Ceyhan MEP. A spokesperson for the World Bank office ...

PRESIDENT OF GEORGIA EDUARD SHEVARDNADZE: ‘SHAH DENIZ SUITS OUR COUNTRY’

29.07.2003 [20:53]
‘When the ‘Shah Deniz’ is launched and the project is realized, then a true competition will start’- stated President of Georgia Eduard Shevardnadze at July 28 briefing.
The Head of ...

BP-AZERBAIJAN BOOST OPERATION DIVISIONS

29.07.2003 [20:22]
“BP-Azerbaijan” is enlarging its operation division in the framework of preparations for production in the ‘Azeri-Chirag’ oil field. Although, it is scheduled for early 2005, specialists have already started to ...

OVER 5.5 BILLION DOLLARS INVESTED IN THE OIL SECTOR OF AZERBAIJAN

29.07.2003 [18:28]
Over USD5.5 billion has so far been invested in the oil sector of Azerbaijan, SOCAR President Natig Aliyev told journalists.
According to him, these funds were invested in the development ...

AZERIGAS RESUMES GAS SUPPLY TO ALL THE REGIONS OF AZERBAIJAN

29.07.2003 [16:47]
With the resumption of imports to Azerbaijan of Russian gas, Azerigas CJSC, in turn has resumed gas supply to all the regions of the country. Alikhan Melikov, CEO of ...

CONSTRUCTION OF BTE GAS PIPELINE TO START ON SCHEDULE

28.07.2003 [11:37]


Construction of the Baku-Tbilisi-Erzurum (BTE) will start on schedule, SOCAR President Natig Aliyev told journalists. He said this to calm rumors that the start of construction of the gas pipeline ...

“FIGARO” TELLS OF AZERBAIJANI OIL

26.07.2003 [11:47]
Correspondents of the influential French newspaper “Figaro” Serj Mishel and Serj Anderlan published a series of articles on oil strategy in the world. The role of America in the field ...

MAERSK CONTRACTORS AND EXXON AZERBAIJAN OPERATING COMPANY INAUGURATE ‘ LIDER’ DEEPWATER DRILLING RIG

24.07.2003 [20:39]
Today, Maersk Contractors, Denmark and Exxon Azerbaijan Operating Company LLC inaugurated a new build semi-submersible rig in Baku, Azerbaijan. The rig was named ‘ Lider’.

In February 2001, Maersk Contractors, Exxon ...

BP AZERBAIJAN RELEASES FIRST HALF YEAR RESULTS

23.07.2003 [17:20]
During the first half of this year the AIOC spent for all of its projects and current operations USD39 million in operation expenses against the planned USD100 million for 2003, ...

AZERBAIJAN, TURKEY, GEORGIA TO SIGN BAKU-TBILISI-CEYHAN SAFETY PROTOCOL

23.07.2003 [16:30]
The governments of Azerbaijan, Turkey and Georgia are to sign a protocol ensuring the security of the Baku- Tbilisi-Ceyhan pipeline, Natig Aliyev, president of the State Oil Company of the ...

COST OF PHASE-3 OF AZERI-CHIRAG-GUNASHLI TO BE 20%-30% HIGHER THAN PHASE-1

23.07.2003 [16:29]
The cost of implementing Phase-3 of the development of the Azeri-Chirag-Gunashli fields, which involves the development of the deep-water section of the Gunashli field, will be 20%-30% more than ...

PLATFORM FOR ‘SHAHDENIZ’ INSTALLED IN SINGAPORE

23.07.2003 [12:29]
Offshore platform for gas field ‘ Shahdeniz’ is installed in Singapore.
Keppel Fels has cut its first piece of steel signifying the start of the fast-track fabrication on the ...

REVENUES OF THE STATE OIL FUND OF AZERBAIJAN FOR THE FIRST HALF OF 2003 AMOUNTED 1142.8, WHILE EXPENSES - 687.5 BILLION MANATS

22.07.2003 [12:27]
As AzerTAj was informed from the State Oil Fund of the Azerbaijan Republic, the revenue for first half year amounted 1142.8, while expenses - 687.5 billion manats.
For the last ...