Tag Archives: Caspian Sea States

BP is targeting the Shafag-Asiman area. which could be a similar size to Shah Deniz 2.

SOCAR also plans to purchase Turkish assets of the German energy giant EWE.

Russia invested $4.2 billion in Azerbaijani economy in different forms. including in the form of joint ventures.

Turkmenistan has already completed the construction of gas pipeline in its section.

Visiting Iran’s northwestern city of Orumiyeh in Western Azarbaijan Province is alos on the itinerary of Asadov.

Governor of East Kazakhstan region Danial Akhmetov expressed support for the new project during his working visit to Ridder.

BP and SOCAR expect to work towards a potential final investment decision in 2019.

Aliyev said that friendly relations between Iran and Azerbaijan have expanded.

Under the agreement Turkmenistan will make an investment of around $24 billion to deliver around 3.2 bcfd of gas for 25 years.

TAP will be 878 kilometers in length (Greece 550 kilometers. Albania 215 kilometers. Adriatic Sea 105 kilometers. and Italy 8 kilometers).