On June 28, The Shah Deniz consortium announced that it selected the Trans Adriatic Pipeline (TAP) to deliver gas volumes from the Shah Deniz stage 2 project to customers in Greece, Italy and Southeast Europe.
Croatia has joined Greece, Albania, and Italy in pushing for the Trans-Adriatic pipeline, which would bring natural gas to Europe from the Caspian region through Turkey, Bloomberg reports.
Caspian Pipeline Consortium-R Board and Caspian Pipeline Consortium-K General Shareholders Meetings were held on April 25.
The CPC-K General Shareholders Meeting elected a new Board which included General Director Nikolai Brunich.
Nabucco West and the Trans Adriatic Pipeline (TAP), the two companies competing for Azerbaijani gas projects, have issued simultaneous statements today (29 March) that they have submitted the final package supporting their bids.
Nikolay Brunich was elected General Director of CPC-R/K at the CPC-R Board Meeting and CPC-K Extraordinary Shareholders Meeting of CPC-K held on February 27, 2013. Mr. Brunich was nominated by Transneft that represents the Russian Government Shareholder.
NABUCCO Gas Pipeline International has signed a contract with contractor Saipem to perform Front End Engineering & Design (FEED) services for the Nabucco West Project.
Russian oil pipeline company Transneft said it expects the volume of oil from a pipeline connecting Kazakhstan to the Black Sea to increase to 1.4 million bpd, according to a report by UPI.
In 2012 the total CPC System shipment volumes from Tengiz to Novorossiysk reached 33.3 MTA. In spite of some increase in volumes shipped through the Tengiz to Atyrau section, the total volumes shipped through the CPC system were down 2.6% on the year before.
Independent Producer Dragon Oil has published test results following its successful completion and initial testing of the Dzheitune (Lam) A/177 development well.
Caspian Pipeline Consortium has completed the certification of its quality management system for compliance with requirements of the international standard ISO 9001:2008.