ASSOCIATED GAS FROM ACG FIELD TO BE GIVEN TO AZERBAIJAN

13.09.2003 [19:49]
BP, SOCAR and “Azerigas” have reached an agreement to create a single system to deliver associated gas extracted from the “Azeri-Chirag-Guneshli” field to the gas distribution system.
“We intend to ...

AZERBAIJANI GEOLOGISTS TO CONTINUE OIL EXPLORATION IN KAZAKH SECTOR OF CASPIAN SEA

13.09.2003 [19:49]
Azerbaijani geologists will continue oil exploration works in the Kazakh sector of the Caspian Sea in 2004, SOCAR vice-president Khoshbakht Yusifzadeh said. “To this end, geophysical vessel “Gilavar, owned by ...

UKRTRANSNEFT’S PROPOSAL TO COMPANIES OF AZERBAIJAN, RUSSIA, KAZAKHSTAN AND UZBEKISTAN TO FILL ODESSA-BRODY OIL PIPELINE

12.09.2003 [17:40]
The Ukrainian company Ukrtansneft has approached the state organs and companies of Azerbaijan, Kazakhstan, Russia and Uzbekistan with a proposal to take part in filling the Odessa-Brody pipeline with process ...

ENERGY RESOURCES AND FUTURE OF AZERBAIJAN

11.09.2003 [16:17]
This is the topic of international conference, to be held in Baku on September 16. London information network on conflicts and establishment of state (LINCS) and Azerbaijani national center of ...

WORKS AT AZERI PLATFORM GO ON ACCORDING TO SCHEDULE

11.09.2003 [14:45]
Development of the central part of “Azeri” field, a part of the “Azeri-Chirag-Guneshli” contract area, is going on according to schedule and 70 percent of construction works have already been ...

ENLARGEMENT WORKS OF SANGACHAL TERMINAL FULFILLED BY 60 PERCENT

10.09.2003 [18:35]
The work on enlargement of the Sagachal terminal goes on ahead of schedule and 60 percent of its total volume has been fulfilled. It was announced by Director of the ...

MCDERMOTT TO COMPLETE CONSTRUCTION OF UNDERWATER OIL PIPELINE IN FRAME OF “AZERI” PROJECT

10.09.2003 [16:02]
McDermott Caspian Contractors Company will complete construction of the first sub-sea oil pipeline in the frame of the project on elaboration of “Azeri” field, late 2003, Tony Boil, head of ...

ITERA SUPPLIED 2.5 BLN CUBIC METERS OF GAS TO AZERBAIJAN

09.09.2003 [22:03]
International group of “Itera” companies has supplied 2.6 bln cubic meters of gas to Azerbaijan, for January-August 2003, AzerTAj correspondent learnt from State Oil Company of Azerbaijan SOCAR.
Volume ...

AZERBAIJAN INCREASED OIL EXPORT BY 1,5 PERCENT IN JANUARY-AUGUST

08.09.2003 [22:15]
The State Oil Company of Azerbaijan Republic /SOCAR/ has pumped 1,715 million tons of oil en northern route – Baku-Novorossiysk pipeline – for January-August. This volume totaled 1,639 million tons ...

EBRD CONSIDERS ALLOCATION OF $200 MILLION CREDIT FOR

08.09.2003 [20:16]
European Bank for Reconstruction and Development is discussing the opportunity to grant $200 million credit to finance 10 percent share of the State Oil Company of Azerbaijan in the project ...

AIOC INCREASED OIL PRODUCTION BY 4,9 PERCENT

08.09.2003 [18:27]
The Azerbaijan International Operational Company (AIOC), dealing with development of the contract area of Azeri-Chirag-Gunashli (ACG) in the Caspian shelf , has produced 4313,23 thousand tons of oil in January ...

SOCAR PRODUCED 757,1 THOUSANDS TONS OF OIL IN AUGUST

08.09.2003 [14:52]
Total volume of oil, produced by the State Oil Company of Azerbaijan Republic (SOCAR) in eight months current year amounted 5953,1 thousands tons, which is by 1,6%, or 94,4 thousands ...

NEW COMPANY TO OPERATE AKTAU-BAKU SYSTEM

05.09.2003 [20:07]
A separate company will be founded to operate Aktau-Baku system; four companies: Eni, TotalFinaElf, ConocoPhilips and Inpex involved in development of Kazakh field ‘Kashagan’ with 15 percent share in BTC ...

IFC TO CONSIDER BAKU-TBILISI-CEYHAN FINANCING

05.09.2003 [10:46]
The European Bank for Reconstruction and Development and the International Finance Corporation plan to consider financing the Baku-Tbilisi-Ceyhan pipeline project in October.
EBRD Senior Banker Charlotte Philips said ...

EBRD TO MAKE A RESOLVE GRANTING FINANCING SHAH DENIZ IN 2004

05.09.2003 [10:45]
The European Bank for Reconstruction and Development is to make a resolve granting quota of the State Oil Company of the Azerbaijani Republic (SOCAR) a credit in 2004 to finance ...

LUKOIL SUBMITTED OFFERS ON REHABILITATION OF GOVSANI-ZIKH BLOCK

04.09.2003 [15:05]
The LUKoil Company submitted a number of new offers to the State Oil Company of the Azerbaijani Republic (SOCAR) on rehabilitation of a block of onshore fields Govsani-Zikh, Director of ...

SOCAR PRODUCED ABOUT 6 MILLION TONNES OF OIL AND 3.5 BILLION M3 OF GAS FOR 8 MONTH 2003

04.09.2003 [13:26]
For the period from Jan-Aug 2003, SOCAR produced 5.9531 million tonnes of crude oil, which is 1.6% more than planned targets and 0.2% more year-on-year (5.9398 million). Of this amount ...

NEGOTIATIONS CONCERNING KAZAKHSTAN JOINING THE BTC WILL BE COMPLETED BY THE PRESENT YEAR

04.09.2003 [13:15]
At the negotiations in Baku between the Kazakhstani and Azerbaijani work groups for the possible joining of Kazakhstan to the construction of the Baku-Tbilisi-Ceyhan pipeline, two variants of the agreement ...

LUKOIL SUBMITS PROPOSALS OF SOCAR

02.09.2003 [13:58]
The Russian company LUKoil has submitted a number of proposals to SOCAR concerning the rehabilitation of the onshore block of Govsany-Zykh deposits. This was disclosed to journalists by the general ...