 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 Authorities said a total of 192 Azerbaijani troops were killed and 511 were wounded during Azerbaijan’s offensive. In 2023, the Azerbaijani government will increase the country’s defense budget by more than 1.1 billion manats ($650 million). The bill, published on Monday, is designed to "eliminate the shortcomings of an unreasonably broad interpretation of the key concept of "compatriot". The earthquake caused a temporary blackout, damaged many buildings and closed a number of rural roads.   Partner news |  Latest news Czech-Armenian military cooperation discussed in Yerevan  A delegation led by the Director General for the Industrial Cooperation Division of the Ministry of Defence of the Czech Republic visited Armenia.U.S. welcomes efforts to define Armenia-Azerbaijan border The United States welcomes efforts to define the border between Armenia and Azerbaijan, says Vedant Patel.Biden honors resilience of Armenian people on April 24 U.S. President Joe Biden has issued a statement on the 109th anniversary of the Armenian Genocide.Ex-Karabakh leader moved to solitary confinement cell in Baku, his son says David Vardanyan is the son of former Karabakh leader Ruben Vardanyan who who is currently imprisoned in Azerbaijan. |
