SECOND BATCH OF AZERBAIJAN OIL PURCHASED

03.02.2004 [18:29]
The second batch of crude oil envisaged for sale by the State Oil Company of Azerbaijan / SOCAR/ in February 2004 was purchased by Swedish company “Vitol”. The first batch ...

AZERBAIJAN RESUMES EXPORT OF DIESEL FUEL TO IRAN

30.01.2004 [16:20]
Export of diesel oil to Iran was resumed in the area of marketing and economic relations department of State Oil Company of Azerbaijan / SOCAR/. Since the current year, 10 ...

FINANCIAL AID TARGETS FUEL POVERTY

30.01.2004 [12:52]
On behalf of its partners in the BTC and South Caucasus Pipeline projects, BP signed an agreement with the Georgian Ministry of Finance to make a donation of $1 million ...

PROJECT PASSES THE HALF-WAY POINT

30.01.2004 [12:52]
The BTC project is now over 55% complete, as further headway is being made on the pipeline and facilities in Azerbaijan, Georgia and Turkey. In Azerbaijan, over 229km of the ...

GEORGIA DELIVERS A BOOST FOR BIODIVERSITY

30.01.2004 [12:51]
The Georgian Centre for the Conservation of Wildlife has won a contract from BTC Co and the South Caucasus Pipeline (SCP) to implement a project for the monitoring and ...

FINANCING ARRANGEMENTS ON BRINK OF COMPLETION

30.01.2004 [12:50]
A signing ceremony in Baku, Azerbaijan, on 3 February marks the completion of financial arrangements for the BTC project. It will culminate in 78 different parties providing over 17,000 signatures ...

BTC SELECTS PARTNER FOR HUMAN RIGHTS TRAINING

30.01.2004 [12:50]
BTC Co has entered into a partnership with Equity International (EI) to help deliver human rights training to public security agencies in Azerbaijan, Georgia and Turkey. Founded in 1998, EI ...

RUSSIAN LUKOIL PURCHASES US FILLING STATIONS

28.01.2004 [19:14]
LUKoil company will purchase another 795 filling stations in the United States, in sum 265 mln 750 thousand dollars, the Oil Company reports. 50 mln of these means will ...

“STATOIL” POISED TO WIDEN ITS ACTIVITY IN AZERBAIJAN

24.01.2004 [15:34]
Norwegian Oil Company “Statoil” has begun its activity in Azerbaijan since 1992 and invested $1,23 billion until now. The Company has invested $474 million for 2003.
Reportedly, while visiting Azerbaijan ...

ISRAELI COMPANY PURCHASES FIRST BATCH OF SOCAR OIL

19.01.2004 [21:39]
Israeli company “Sonol Israel” has won the tender announced by SOCAR for purchase of the first batch of Azerbaijani oil to be transported through the northern pipeline Baku-Novorossysk on February ...

PIPELINE MOVES FURTHER WEST

17.01.2004 [15:41]
On January 14, the Ukrainian government approved an agreement with Poland signed in November 2003 on use of the Odessa-Brody oil pipeline and its integration into the Polish oil transportation ...

BRITISH OIL AND GAS COMPANIES TO SURVEY NEW INVESTMENT OPPORTUNITIES

15.01.2004 [22:03]
In late January, a delegation of British oil and gas companies will arrive in Baku to study possibility of extra investments in oil sector of Azerbaijan, AzerTaj has learned at ...

TTE WINS – AND ACHIEVES MORE LANDMARKS

14.01.2004 [17:07]
The Management and Technical Training won the services award at the North-East Business Awards 2002, and know the value of being recognised for the quality of their work.
Now ...

SOCAR ANNOUNCED TENDER

14.01.2004 [15:09]
The Azerbaijan State Oil Company /SOCAR/ has announced a tender for purchase of the first batch of oil on February 2004.
130 thousand tons of crude oil will be transported ...

CASPIAN OIL CONSTITUTES ONE FIFTH PART OF WORLD RESERVES

14.01.2004 [14:19]
At the Eurasian economic summit in Almaati, Chairman of the Italian corporation “ENI” Juan Maria Gross-Pietro stated that oil reserves of the Caspian region makes up 7,8 bln tons, AzerTAj ...

MCDERMOTT STARTS TO LAY AZERI UNDERWATER PIPELINE

14.01.2004 [13:02]
According to report of press-service of BP-Azerbaijan company the U.S. company McDermott has started to lay an underwater gas pipeline as part of the Azeri- Chirag-Gunashli project. As they said ...

27 AGREEMENTS ON ALLOCATION CREDITS FOR BTC MEP CONSTRUCTION TO BE SIGNED

13.01.2004 [22:17]
On February 3, at the signing ceremony of the agreement between BTC Co (operator for construction and exploitation of Baku-Tbilisi-Ceyhan pipeline) and international financial institutes on allocation of credits for ...

PIPELINE SECURITY TO BE INCREASED

13.01.2004 [16:29]
David Woodward, president of British Petroleum Azerbaijan, met Friday with Acting Georgian President Nino Burdzhanadze, State Minister Zurab Zhvaniya and the newly elected president of Georgia, Mikhail Saakashvili. Speaking ...

OPEC BASKET RISES AGAIN

13.01.2004 [16:28]
The price of OPEC's basket of seven crudes improved to 30.11 dollars a barrel last week, compared with 29.53 dollars in the last week of December.

According to figures released ...