Azerbaijan | Egypt Oil & Gas - Part 3
Indian ONGC Videsh to Trade Crude Jointly with SOCAR
Indian OVL signed a Memorandum of Understanding (MoU) with SOCAR Trading, the trading arm of Azerbaijan's government-owned energy firm SOCAR, for foraying into oil trading business.
Southern Gas Corridor ‘On Time’, BP Exec
The Southern Gas Corridor, a project of pipelines which will transport gas from the Shah Deniz field in Azerbaijan to European markets for the first time in history, is running on time and on budget, a BP senior exec ...
Azerbaijan Seeks To Buy More Russian Gas
Azerbaijan's state oil company SOCAR has put forward a proposal to Russia's Gazprom for purchasing 3 to 5bcm of gas a year, SOCAR President Rovnag Abdullayev told reporters.
Azerbaijan, Armenia Sign Ceasefire Deal over Nagorno-Karabakh
A ceasefire between key oil and gas players in the Caspian region, Azerbaijan and Armenia, was signed on April 5th putting an end to a renewed conflict that erupted over the breakaway Nagorno-Karabakh region. The dea ... Azeri SOCAR to Reconstruct Baku Oil Refinery
The State Oil Company of Azerbaijan (SOCAR) and KBR, the American engineering, procurement, and construction company, will create an ad hoc group of experts for the management of the reconstruction work of the Baku O ...
Georgia Sees No Need for Iranian Gas after Azeri Deal
Georgia will not import gas from Iran after having signed agreements for increased gas supplies from Azerbaijan's state oil company SOCAR at the beginning of March.
Egypt Secures Crude Refining Deal with Azerbaijan
The Egyptian government and Azerbaijan have reached an agreement on refining 500,000 barrels of crude oil per month in the Egyptian refineries and exchanging Egypt’s naphtha with petrol 95.
Georgia Negotiating Increase in Azeri Gas Imports
Georgia hopes to reach an agreement with Azerbaijan to increase volumes of Azerbaijani gas imported to the country by additional 400-500mcm/year, Georgia's Energy Minister, Kakha Kaladze, said.
