EBRD Considers Largest Loan for Trans Adriatic Pipeline

• Wednesday, 18th May 2016
• by Egypt Oil & Gas

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

Southern Gas Corridor ‘On Time’, BP Exec

• Monday, 16th May 2016
• by Egypt Oil & Gas

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 ...

Azeri Gas Expected to Reach EU by 2020

• Monday, 29th February 2016
• by Egypt Oil & Gas

The EU has a clear interest to work with Azerbaijan on energy, regional security, the rule of law, and fundamental freedoms, EU High Representative for Foreign Affairs and Security Policy, Federica Mogherini, said.

Statoil Divesting $220m Interest in TAP

• Thursday, 3rd December 2015
• by Egypt Oil & Gas

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

US to Continue Cooperative with Azerbaijan on Southern Gas Corridor

• Monday, 13th July 2015
• by Egypt Oil & Gas

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 Internat ...