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23 May 2013, 15:45 (GMT+05:00)

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Energy News

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  • Construction of new floating drilling rig to start in Azerbaijan in autumn 2013  

    23 May 2013, 15:30 (GMT+05:00)
  • Ambassador: NATO, US works closely with Azerbaijan on energy security issues 

    23 May 2013, 12:38 (GMT+05:00)

    The NATO, as well as the U.S. works and will work closely with Azerbaijan on the issues of energy security and infrustructure protection, U.S. Ambassador to Azerbaijan, Richard Morningstar told journalists in Baku on Thursday.

  • Ambassador: Shah Deniz consortium’s final decision on pipeline route to make Azerbaijan even more important  

    23 May 2013, 11:36 (GMT+05:00)

    Azerbaijan will become even more important for European energy security after the Shah Deniz consortium makes final decision, U.S. Ambassador to Azerbaijan, Richard Morningstar told journalists in Baku on Thursday.

  • Azerbaijani oil prices down on May 22 

    23 May 2013, 11:20 (GMT+05:00)
  • Malaysia's Petronas may withdraw from two major hydrocarbon projects in Uzbekistan  

    23 May 2013, 09:21 (GMT+05:00)

    Malaysia's Petroliam Nasional Bhd (Petronas) may withdraw from the two production sharing agreements (PSAs) in Uzbekistan, a source in the Uzbekistan government circles told Trend on Wednesday

  • Electricity prices to increase following gas prices in Armenia  

    22 May 2013, 20:40 (GMT+05:00)

    According to the rough estimates, the upcoming rise in gas prices in Armenia will raise electricity prices by an average of 30 percent, Armenian Minister of Energy and Natural Resources Armen Movsisyan said in an interview with Armenian "Shant" TV channel, Armenianreport reported.

  • 86,000 families to be provided with gas in Georgia by year’s end  

    22 May 2013, 20:36 (GMT+05:00)

    According to the plan developed by the gas distribution and energy companies, some 86,000 families in Georgia will be provided with gas by the end of 2014, Georgia’s Minister of Energy Kakha Kaladze said at a press conference.

  • Ukraine negotiating with Turkmenistan to resume gas supplies  

    22 May 2013, 20:30 (GMT+05:00)

    The Minister of Ecology and Natural Resources of Ukraine Oleg Proskuryakov, who is on a working visit to Ashgabat, discusses cooperation issues, including the resumption of gas supplies to Ukraine, the press service of the Ukrainian Ministry reported on Wednesday.

  • SOCAR is one of Georgian best business companies  

    22 May 2013, 20:21 (GMT+05:00)

    "Georgian Times" media holding and the Association of Public Opinion and Marketing Researches (GORBI) named the top 25 companies in the business ranking of the year.

  • Expansion of energy security discussed in Baku  

    22 May 2013, 19:26 (GMT+05:00)

    The Azerbaijan Diplomatic Academy (ADA) hosts a two-day conference on the partnership with NATO entitled "Security Challenges: the expansion of energy security in the XXI century", which started on Wednesday.

  • "Azeri-Chirag-Guneshli" partners stabilize production volumes 

    22 May 2013, 18:15 (GMT+05:00)

    The partners of the oil and gas fields "Azeri-Chirag-Guneshli" (ACG) are stabilizing production volumes at the fields, SOCAR head Rovnag Abdullayev told the media today.

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