Possible Upside Risks To Gas Output Forecasts As Socar Proposes Speeding-Up Shah Deniz II

Baku Aims To Double Turkey's Gas Price

Political Risk / Azerbaijan Azerbaijan wants to more than double the price of gas sold to Turkey, reported media outlets in both countries on May 20. Baku has asked Istanbul to pay US$250 per thousand cubic metres (mcm) of gas...

Shah Deniz Second Phase: Start-Up Delayed And Costs Raised

Companies / Azerbaijan Production from the second phase of the Shah Deniz development in the Caspian Sea has been pushed back until 2016, according to Norwegian major StatoilHydro's president in Azerbaijan Kristian Hausken,...

Gazprom Threatens Nabucco's Shah Deniz Hopes

Companies / Azerbaijan Negotiations over a deal that would see Azerbaijan supplying Russia with gas from new sources of production, including the giant Shah Deniz field, are progressing well, the Azerbaijan's President Ilham...

Nabucco Progress: One Step Forward, Two Steps Back?

Companies / Azerbaijan An intergovernmental agreement for the Nabucco gas pipeline is expected to be signed by the end of June 'at the latest', according to a spokesperson for Reinhard Mitschek, the head of the pipeline's...

RWE Dea Hopes For Caspian Gas Deal

Companies / Azerbaijan Germany's RWE Dea, the exploration and production (E&P) arm of RWE, has told Financial Times Deutschland (FTD) that it is continuing discussions with Turkmenistan and Azerbaijan over participating...