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South Caucasus Pipeline
The South Caucasus Pipeline (also known as Baku–Tbilisi–Erzurum Pipeline, BTE pipeline, or Shah Deniz Pipeline) is a natural gas pipeline from the Shah Deniz gas field in the Azerbaijan sector of the Caspian Sea to Turkey. It runs parallel to the Baku–Tbilisi–Ceyhan oil pipeline. History On 21 May 2006, the commissioning gas was pumped to the pipeline from the Sangachal Terminal. First deliveries through the pipeline commenced on 30 September 2006. Deliveries of gas from Shah Deniz gas field started on 15 December 2006. On 12 August 2008, the pipeline operator BP briefly closed the pipeline for safety reasons because of the South Ossetia conflict, resuming supply two days later. Description The diameter gas pipeline runs through the same corridor as the Baku–Tbilisi–Ceyhan pipeline until Erzurum, where BTC turns south to the Mediterranean. It is long, of which is in Azerbaijan and in Georgia. The initial capacity of the pipeline was of gas per yea ...
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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 ...
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Upstream (newspaper)
''Upstream'' is an independent oil and gas industry upstream sector news site. The publication is owned by DN Media Group. It is headquartered in Oslo, Norway. The newspaper covers the upstream sector of the global oil and gas industry with full-time staff correspondents in all the major centres of the industry. It is published every Friday. Upstream had full-time reporters based in its head office in Oslo, as well as bureaux and correspondents in London, Moscow, Accra, New Delhi, Singapore, Wellington, Rio de Janeiro and Houston. Its editor in chief is Leia Parker. The newspaper was founded in 1996 to compete with well-established rivals including ''Oil & Gas Journal'', '' Petroleum Intelligence Weekly'', and '' Offshore Engineer''. It covers all aspects of the upstream industry, but focuses especially on news related to business, policy and the sector's key players as well as the commercial side of the industry. Coverage includes exploration, field development, contracts, ...
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Shah Deniz
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 ...
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Production Sharing Agreement
Production sharing agreements (PSAs) or production sharing contracts (PSCs) are a common type of contract signed between a government and a resource extraction company (or group of companies) concerning how much of the resource (usually oil) extracted from the country each will receive. Description Production sharing agreements were first used in Bolivia in the early 1950s, although their first implementation similar to today's was in Indonesia in the 1960s. Today they are often used in the Middle East and Central Asia, overall 40 countries worldwide. In production sharing agreements the country's government awards the execution of exploration and production activities to an oil company. The oil company bears the mineral and financial risk of the initiative and explores, develops and ultimately produces the field as required. When successful, the company is permitted to use the money from produced oil to recover capital and operational expenditures, known as "cost oil". The rema ...
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Iran
Iran, officially the Islamic Republic of Iran (IRI) and also known as Persia, is a country in West Asia. It borders Iraq to the west, Turkey, Azerbaijan, and Armenia to the northwest, the Caspian Sea to the north, Turkmenistan to the northeast, Afghanistan to the east, Pakistan to the southeast, and the Gulf of Oman and the Persian Gulf to the south. With a Ethnicities in Iran, multi-ethnic population of over 92 million in an area of , Iran ranks 17th globally in both List of countries and dependencies by area, geographic size and List of countries and dependencies by population, population. It is the List of Asian countries by area, sixth-largest country entirely in Asia and one of the world's List of mountains in Iran, most mountainous countries. Officially an Islamic republic, Iran is divided into Regions of Iran, five regions with Provinces of Iran, 31 provinces. Tehran is the nation's Capital city, capital, List of cities in Iran by province, largest city and financial ...
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The Heritage Foundation
The Heritage Foundation (or simply Heritage) is an American Conservatism in the United States, conservative think tank based in Washington, D.C. Founded in 1973, it took a leading role in the conservative movement in the 1980s during the Presidency of Ronald Reagan, presidency of Ronald Reagan, whose policies were taken from Heritage Foundation studies, including its ''Mandate for Leadership''. The Heritage Foundation has had significant advocacy, influence in U.S. public policy making, and has historically been ranked among the most influential public policy organizations in the United States. In 2010, it founded a sister organization, Heritage Action, an influential activist force in conservative and Republican Party (United States), Republican politics. Heritage leads Project 2025, also known as the 2025 Presidential Transition Project, an extensive plan that includes appointing ideologically aligned civil servants, restricting abortion access, opposing LGBTQ+ rights, trans ...
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Russia
Russia, or the Russian Federation, is a country spanning Eastern Europe and North Asia. It is the list of countries and dependencies by area, largest country in the world, and extends across Time in Russia, eleven time zones, sharing Borders of Russia, land borders with fourteen countries. Russia is the List of European countries by population, most populous country in Europe and the List of countries and dependencies by population, ninth-most populous country in the world. It is a Urbanization by sovereign state, highly urbanised country, with sixteen of its urban areas having more than 1 million inhabitants. Moscow, the List of metropolitan areas in Europe, most populous metropolitan area in Europe, is the capital and List of cities and towns in Russia by population, largest city of Russia, while Saint Petersburg is its second-largest city and Society and culture in Saint Petersburg, cultural centre. Human settlement on the territory of modern Russia dates back to the ...
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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 ...
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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 ...
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Southern Gas Corridor
The Southern Gas Corridor is an initiative of the European Commission for a natural gas supply route from Caspian and Middle Eastern regions to Europe, proposed in 2008. The goal of the Southern Gas Corridor is to reduce Europe's dependency on Russian gas and add diverse sources of energy supply. The route from Azerbaijan to Europe consists of the South Caucasus Pipeline, the Trans-Anatolian Pipeline, and the Trans Adriatic Pipeline. The total investment of this route is estimated US$35 billion. The main supply source would be the Shah Deniz gas field, located in the Caspian Sea. History The European Union is dependent on other countries' supply sources of energy; in 2017 around 54% of the EU's gross inland energy consumption came from imported sources. Russia has been the main supplier, despite its recent decline, in natural gas, coal and crude oil for a number of years. Russia's dispute with transit countries is a reason for concern regarding the reliance on the count ...
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Jamestown Foundation
The Jamestown Foundation is a Washington, D.C.–based non-partisan defense policy think tank. Founded in 1984 as a platform to support Soviet defectors, its stated mission is to inform and educate policy makers about events and trends, which it regards as being of current strategic importance to the United States. Jamestown publications focus on China, Russia, Eurasia, and global terrorism. Founding and mission The Jamestown Foundation was founded in 1984 after Arkady Shevchenko, the highest-ranking Soviet official ever to defect when he left his position as Under-Secretary-General of the United Nations, defected in 1978. William Geimer, an American lawyer, had been working closely with Shevchenko, and established the foundation as a vehicle to promote the writings of the former Soviet diplomat and those of Ion Pacepa, a former top Romanian intelligence officer; with the help of the foundation, both defectors published bestselling books.Jamestown FoundationOrigins Centra ...
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Trans-Caspian Gas Pipeline
The Trans-Caspian Gas Pipeline (, ) is a proposed subsea pipeline between Türkmenbaşy in Turkmenistan, and Baku in Azerbaijan. According to some proposals it would also include a connection between the Tengiz Field in Kazakhstan, the Sangachal Terminal in Baku, and Türkmenbaşy. The Trans-Caspian Gas Pipeline project would transport natural gas from Turkmenistan and Kazakhstan to European Union member countries, circumventing both Russia and Iran. It would do this by feeding the Southern Gas Corridor. This project attracts significant interest since it would connect vast Turkmen gas resources to major consumers Turkey and Europe. History End of 1990s A project to import natural gas from Turkmenistan through a subsea pipeline was suggested in 1996 by the United States. In February 1999, the Turkmen government entered into an agreement with General Electric and Bechtel Group for a feasibility study on the proposed pipeline. In 1999, while attending the Organisation for Ec ...
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