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Shah Deniz Gas Field
Shah Deniz gas field () is the largest natural gas field in Azerbaijan. It is situated in the South Caspian Sea, off the coast of Azerbaijan, approximately southeast of Baku, at a depth of . The field covers approximately . Stretching out over 140 square kilometres, the reservoir is similar in size and shape to Manhattan Island. It is considered to be a founding link for the Southern Gas Corridor, aiming to bring additional and alternative natural gas volumes to EU member countries. History The “Exploration, Development, and Production Sharing Agreement" (PSA) for Shah Deniz area was signed between SOCAR and some oil companies of foreign countries on June 4, 1996. Azerbaijani Parliament confirmed the PSA document on October 4, 1996. The Shah Deniz gas and condensate field was discovered in 1999. “An Intergovernmental” Agreement and a “Sale and Purchase” Agreement were signed by delegates of Azerbaijan and Turkey with the participation of President Sezer and Presid ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] [Amazon] |
Azerbaijan
Azerbaijan, officially the Republic of Azerbaijan, is a Boundaries between the continents, transcontinental and landlocked country at the boundary of West Asia and Eastern Europe. It is a part of the South Caucasus region and is bounded by the Caspian Sea to the east, Russia's republic of Dagestan to the north, Georgia (country), Georgia to the northwest, Armenia and Turkey to the west, and Iran to the south. Baku is the capital and largest city. The territory of what is now Azerbaijan was ruled first by Caucasian Albania and later by various Persian empires. Until the 19th century, it remained part of Qajar Iran, but the Russo-Persian wars of Russo-Persian War (1804–1813), 1804–1813 and Russo-Persian War (1826–1828), 1826–1828 forced the Qajar Empire to cede its Caucasian territories to the Russian Empire; the treaties of Treaty of Gulistan, Gulistan in 1813 and Treaty of Turkmenchay, Turkmenchay in 1828 defined the border between Russia and Iran. The region north o ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] [Amazon] |
National Iranian Oil Company
The National Iranian Oil Company (NIOC; ) is a government-owned national oil and natural gas producer and distributor under the direction of the Ministry of Petroleum of Iran. NIOC was established in 1951 and restructured under The Consortium Agreement of 1954.Iran's foreign trade report Iran Trade NIOC ranks as the world's second largest oil company, after 's state-owned Aramco. The NIOC is exclusively responsible for the exploration, dril ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] [Amazon] |
National Assembly (Azerbaijan)
The National Assembly (), also transliterated as Milli Mejlis, is the legislative branch of government in Azerbaijan. The unicameral National Assembly has 125 deputies: previously 100 members were elected for five-year terms in single-seat constituency, constituencies and 25 members were elected by proportional representation; as of the latest election, however, all 125 deputies are returned from single-member constituencies. The Assembly nominally has powers under the Azerbaijan Constitution, but in practice power is heavily concentrated in Ilham Aliyev, the President of Azerbaijan. Parliamentary elections in Azerbaijan are widely regarded as not being free and fair. Between 1993 and 2010, major opposition parties were allowed some representation in the Assembly in each election. However, since 2010, no opposition parties have held seats in the Assembly. There are nominal opposition parties and independents but they are supportive of the Aliyev regime. The constitutional a ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] [Amazon] |
Azeri–Chirag–Gunashli
Azeri–Chirag–Gunashli (ACG, ) or Azeri–Chirag–Deepwater Gunashli is a complex of oil fields in the Caspian Sea, about off the coast of Azerbaijan. It consists of the Azeri oilfield, Azeri and Chirag oilfield, Chirag oil fields, and the Gunashli oilfield, deepwater portion of the Gunashli oil field. An overall estimate of the area of the development is .''SOCAR website'' Azeri–Chirag–Guneshli It is developed by the Azerbaijan International Operating Company, a consortium of international oil companies, and operated by BP on behalf of the consortium. The ACG fields have estimated recoverable reserves of about of petroleum. Peak oil production of was reached in 2010. However by the first quarter of 2024, production had fallen to , or approximately one-third of peak value, as the production rates moved towards O ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] [Amazon] |
Asian Development Bank
The Asian Development Bank (ADB) is a regional development bank to promote social and economic development in Asia. The bank is headquartered in Metro Manila, Philippines and maintains 31 field offices around the world. The bank was established on 19 December 1966 and admits the members of the UN Economic and Social Commission for Asia and the Pacific (UNESCAP, formerly the Economic Commission for Asia and the Far East or ECAFE), and non-regional developed countries. Starting with 31 members at its establishment, by 2019 ADB had 69 members. The ADB was modeled closely on the World Bank and has a similar weighted voting system, where votes are distributed in proportion with members' capital subscriptions. ADB releases an annual report that summarizes its operations, budget, and other materials for review by the public. The ADB-Japan Scholarship Program (ADB-JSP) enrolls about 300 students annually in academic institutions located in 10 countries within the Region. After comple ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] [Amazon] |
Trans-Anatolian Gas Pipeline
The Trans-Anatolian Natural Gas Pipeline (TANAP; , ) is a natural gas pipeline in Turkey. It is the central part of the Southern Gas Corridor, which connects the giant Shah Deniz gas field in Azerbaijan to Europe through the South Caucasus Pipeline and the Trans Adriatic Pipeline. The pipeline has a strategic importance for both Azerbaijan and Turkey. It allows the first Azerbaijani gas exports to Europe, beyond Turkey. It also strengthens the role of Turkey as a regional energy hub. The construction of the -long pipeline started in March 2015, and it was inaugurated in June 2018. History The project was announced on 17 November 2011 at the Third Black Sea Energy and Economic Forum in Istanbul. On 26 December 2011, Turkey and Azerbaijan signed a memorandum of understanding establishing a consortium to build and operate the pipeline. At first, a film dedicated to TANAP project was demonstrated. In the film, it was emphasized that TANAP is the signature of friendship and ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] [Amazon] |
Bulgargaz EAD
Bulgargaz is the largest Bulgarian natural gas distribution company. It is a subsidiary of Bulgarian Energy Holding EAD Bulgarian Energy Holding EAD (BEH EAD) is a state-owned energy holding company in Bulgaria. It was incorporated on 18 September 2008 after renaming Bulgargaz Holding EAD. In November 2009, the Bulgarian Government decided to list the company on t ..., a holding company established on 18 September 2008. As of November 2009 the company is listed on the Bulgarian Stock Exchange - Sofia. References External links Official siteFinancial Statements Oil and gas companies of Bulgaria Bulgarian companies established in 1963 {{Energy-company-stub ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] [Amazon] |
Nabucco Pipeline
The Nabucco pipeline (also referred as Turkey–Austria gas pipeline) was a failed natural gas pipeline project from Erzurum, Turkey, to Baumgarten an der March, Austria to diversify natural gas suppliers and delivery routes for Europe. The pipeline was to lessen European dependence on Russian energy. The project was backed by several European Union states and the United States and was seen as a rival to the Gazprom-Eni South Stream pipeline project. The main supplier was to be Iraq with potential supplies from Azerbaijan, Turkmenistan, and Egypt. The project was developed by a consortium of six companies. Preparations started in 2002 and the intergovernmental agreement among Turkey, Romania, Bulgaria, Hungary and Austria was signed on 13 July 2009. After an announcement of the construction of TANAP, the consortium submitted the Nabucco-West project, which was to run from the Turkish-Bulgarian border to Austria. It was a modification of the original Nabucco Pipeline pr ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] [Amazon] |
Trans Adriatic Pipeline
The Trans Adriatic Pipeline (TAP; ; ; ) is a natural gas pipeline operational since 2020, running from Greece through Albania and the Adriatic Sea to Italy. It is the final section of the Southern Gas Corridor originating in Azerbaijan. , capacity is 10 bcm per year. The natural gas originates in the second stage of the Shah Deniz (Azerbaijan) gas field development in the Azerbaijani section of Caspian Sea flowing through the South Caucasus Pipeline and the TANAP pipeline, Trans Anatolian Pipeline (TANAP). The TAP has been supported by European institutions and seen as a "Project of Common Interest" to enhance energy security and diversify gas supplies for European markets. It is operated by a Swiss joint venture and owned by BP (20%), SOCAR (20%), Snam (20%), Fluxys (20%) and Enagás (20%). History The Trans Adriatic Pipeline project was announced in 2003 by Switzerland, Swiss energy company EGL Group (now named Axpo). The feasibility study was concluded in March 2006. Two ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] [Amazon] |
Sangachal Terminal
The Sangachal Terminal is an industrial complex consisting of a natural gas processing plant and oil production plant, located on the coast of the Caspian Sea south of Baku, Azerbaijan. History Construction of the terminal began in 1996 with the Early Oil Project, which foresaw the construction of pipelines to Supsa and Novorossiysk. Oil was first exported in October 1997. The terminal has since been expanded to include the ACG Phase 1, Phase 2, Phase 3 Oil Trains, BTC's main pumping station and the Shah Deniz gas plant. Facilities at the oil production plant include separators, coalescers, three new crude oil storage tanks, centrifugal pumps, gas turbine power generators and a central control room. Sangachal Terminal Expansion Program The Sangachal Terminal Expansion Program (STEP) was started in November 2001. The construction included 15,000 cubic metre of concrete, 1,600 units of steel structures, of pipe, of cables. Apart from technological works, civil c ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] [Amazon] |
Baku–Tbilisi–Ceyhan Pipeline
The Baku–Tbilisi–Ceyhan (BTC) pipeline is a long crude oil pipeline from the Azeri–Chirag–Gunashli oil field in the Caspian Sea to the Mediterranean Sea. It connects Baku, the capital of Azerbaijan and Ceyhan, a port on the south-eastern Mediterranean coast of Turkey, via Tbilisi, the capital of Georgia. It is the second-longest oil pipeline in the former Soviet Union, after the Russian Druzhba pipeline. The first oil that was pumped from the Baku end of the pipeline reached Ceyhan on 28 May 2006. History Planning The Caspian Sea lies above one of the world's largest collections of oil and gas fields. As the sea is landlocked, transporting oil to Western markets is complicated. During Soviet times, all transportation routes from the Caspian region were through Russia. The collapse of the Soviet Union inspired a search for new routes. Russia first insisted that the new pipeline should pass through its territory, then declined to participate. In the spring of 1992 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] [Amazon] |
Georgia (country)
Georgia is a country in the Caucasus region on the coast of the Black Sea. It is located at the intersection of Eastern Europe and West Asia, and is today generally regarded as part of Europe. It is bordered to the north and northeast by Russia, to the south by Turkey and Armenia, and to the southeast by Azerbaijan. Georgia covers an area of . It has a Demographics of Georgia (country), population of 3.7 million, of which over a third live in the capital and List of cities and towns in Georgia (country), largest city, Tbilisi. Ethnic Georgians, who are native to the region, constitute a majority of the country's population and are its titular nation. Georgia has been inhabited since prehistory, hosting the world's earliest known sites of winemaking, gold mining, and textiles. The Classical antiquity, classical era saw the emergence of several kingdoms, such as Colchis and Kingdom of Iberia, Iberia, that formed the nucleus of the modern Georgian state. In the early fourth centu ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] [Amazon] |
