The Shah Deniz consortium has announced the sail away and offshore installation of the second topsides unit built for Azerbaijan’s Shah Deniz Stage 2 project - the topsides of the Production and Risers (PR) platform.
More than 2/3 of pipe stringing completed in the Greek and Albanian sections of the Trans Adriatic Pipeline (TAP), which envisages transportation of Azerbaijani gas to Europe.
Turkey’s BOTAS Petroleum Pipeline Corporation and Qatargas, the World’s Premier Liquefied Natural Gas Company, signed a contract for the supply of 4.5 million tons of liquefied natural gas (LNG) from Qatar, Qatar’s media reported Sept. 20.
First deep gas from the Azeri-Chirag-Gunashli (ACG) block of fields is planned to be received in 2019.
First oil production from the new platform, to be built and installed on the Azeri-Chirag-Gunashli (ACG) block of fields under the new project agreement, may begin in 2023.
Annual income of Azerbaijan’s economy from the Star oil refinery, being constructed by SOCAR on Aliaga Peninsula in Turkey, will be about $850 million within the first five years after its commissioning, said SOCAR President Rovnag Abdullayev.
Construction of the Trans-Anatolian Natural Gas Pipeline (TANAP) has been completed by 82 percent, Rovnag Abdullayev, president of Azerbaijan’s state oil company SOCAR, said.