Southern Gas Corridor | Egypt Oil & Gas

ADNOC’s XRG Finalizes Acquisition of 12.5% Stake in Azerbaijan’s Southern Gas Corridor

XRG, the international energy investment platform owned by Abu Dhabi National Oil Company (ADNOC), has completed the acquisition of a 12.5% stake in Azerbaijan’s Southern Gas Corridor CJSC (SGC) from the country’s Min...

EBRD Considers Largest Loan for Trans Adriatic Pipeline

The European Bank for Reconstruction and Development (EBRD) is considering the possibility to finance up to $1,7b of the Trans-Adriatic gas pipeline in a record syndicated loan, its Managing Director of Energy said in...

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 execu...

Azeri Gas Expected to Reach EU by 2020

The EU has a clear interest in working with Azerbaijan in the areas of energy industry, regional security, the rule of law, and fundamental freedoms, EU High Representative for Foreign Affairs and Security Policy, Fed...

Statoil Divesting $220m Interest in TAP

Norway’s oil and gas producer, Statoil ASA has announced a divestment of its 20 % interest in the Trans Adriatic Pipeline AG (TAP) to Italian gas pipeline operator, Snam SpA, worth $220m (€208m), expected to be ...

US to Continue Cooperative with Azerbaijan on Southern Gas Corridor

Being a strategic partner and friend of Azerbaijan, the US will continue cooperating on the Southern Gas Corridor project and other projects to be implemented in the future, Special Envoy and Coordinator for Internati...

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