 Turkey, Azerbaijan form consortium to build Azeri gas transit pipeline November 2, 2011 - 21:19 AMT PanARMENIAN.Net - A consortium will be created to build a new pipeline that will carry natural gas from Azerbaijan's Shah Deniz II project through Turkey, the deputy head of Azerbaijan's state energy company Socar, Elshad Nasirov, said Wednesday, Nov 2. The consortium members will be picked by Azerbaijan's government as well as the companies participating in the development of the Shah Deniz field, Nasirov said. In addition, the Turkish government will nominate one participant, he said. The pipeline will have a capacity of no less than 16 billion cubic meters a year, with 10 billion cubic meters destined for Europe and 6 billion cubic meters for Turkey's western regions, Nasirov said. He didn't mention the possible cost of the pipeline. The BP PLC (BP)-led Shah Deniz II projects expects to begin supplying 10 billion cubic meters of gas a year to Europe by 2017. Four pipeline projects--Nabucco, Interconnector Turkey-Greece-Italy, Trans Adriatic Pipeline and a BP-led proposal--are competing for the right to ship gas from Azerbaijan to Europe, Fox Business reported.   Top stories Azerbaijani authorities report that they have already resettled 3,000 people in the Nagorno-Karabakh town of Stepanakert. On June 10, Azerbaijani President of Azerbaijan Ilham Aliyev will leave for Turkey on a working visit. Azerbaijani President Ilham Aliyev arrived in Moscow on April 22 to hold talks with Russian counterpart Vladimir Putin. Authorities said a total of 192 Azerbaijani troops were killed and 511 were wounded during Azerbaijan’s offensive.   Partner news |  Latest news Viva sees growing demand for cloud services  In recent years, medical institutions are starting to make use of Viva’s cloud servicesArmenian, German presidents meet in Berlin Armenian and German Presidents Vahagn Khachaturyan and Frank-Walter Steinmeier met in Berlin.Armenia assumes presidency of Mediterranean Network of Regulatory Authorities The Commission on Television and Radio of Armenia said it expects productive cooperation in various formats.Balance of attached cards in the Idram&IDBank app From now on, users will be able to view the online balances of cards issued by ArCa system banks and attached to the app. |
