AUG. 4 2015 (The Conway Bulletin) – An explosion in Turkey on the Baku-Tbilisi-Kars-Ezurum gas pipeline has raised worries that Kurdish fighters and other factions may target energy transport infrastructure carrying oil and gas from the Azerbaijan’s Caspian Sea to Europe. Media reported an explosion on a remote section of the pipeline in east Turkey.
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(News report from Issue No. 242, published on August 7 2015)
JULY 20 2015 (The Conway Bulletin) – Statoil, the oil and gas company part owned by the Norwegian government, has decided to sell its 20% stake in the Trans- Adriatic Pipeline (TAP) project that will pump gas from Azerbaijani fields in the Caspian to consumers in Europe.
Rovnag Abdullayev, the head of Azerbaijani oil and gas company SOCAR, announced the news on Azerbaijani TV.
“Statoil has decided to leave the TAP project completely, and there is a company which is ready to buy its stake,” ANS TV quoted him as saying.
“Several companies have expressed an interest in buying Statoil’s stake, and it would be better if several companies would buy it.”
Statoil declined to comment.
If confirmed, Statoil’s decision to quit TAP is probably more a reflection on how it is
re-adjusting its portfolio rather than on the project itself. Statoil has already said it wants to reduce its exposure to risk in its portfolio and has sold its stakes in the giant Shah Deniz field in the Caspian Sea as well as in the South Caucasus Pipeline.
Stakes in these projects were snapped up by SOCAR, BP and Malaysia’s Petronas and Statoil’s stake in TAP will attract bids from companies looking for a high-profile project.
TAP is an 870km pipeline project that should link up with the Trans-Anatolian Pipeline near the Turkey-Greece border which will then carry Azerbaijani gas onto central Europe.
The current TAP shareholders are BP (20%), SOCAR (20%), Statoil (20%), Belgium’s Fluxys (19%), Spain’s Enagas (16%) and Swiss company Axpo (5%).
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(News report from Issue No. 241, published on July 23 2015)
JULY 23 2015 (The Conway Bulletin) – Turkmenistan’s foreign minister Rashid Meredov will travel to Afghanistan for talks with his Uzbek counterpart, media reported. Turkmenistan has become increasingly worried about the build up of Taliban forces on its borders. It also has an interest in stability in Afghanistan because of the proposed TAPI pipeline that will pump gas to Pakistan and India.
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(News report from Issue No. 241, published on July 23 2015)
JULY 23 2015 (The Conway Bulletin) – Turkmenistan hopes to complete construction of is 300km East- West gas pipeline by the end of the year, local media reported quoting government officials. The pipeline is important because it will pump gas from Turkmenistan’s fields in the east to the Caspian Sea for shipment to Europe.
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(News report from Issue No. 241, published on July 23 2015)
Indian PM Narendra Modi travelled to Turkmenistan as part of this grand tour of Central Asia and urged for progress on a gas pipeline that will pump Turkmen gas to India to be accelerated.
TAPI, the name of the pipeline, is due to select its consortium leader on Sept. 1 and Mr Modi told Turkmen leader Kurbanguly Berdymukhamedov that he wanted the construction phase to begin soon.
“The most significant initiative in our relationship is the TAPI Gas Pipeline,” he said in a statement released to the media. “This could transform regional economic cooperation and bring prosperity along the route. We welcomed the agreements between the four countries for the pipeline. We underlined the need to implement the project quickly.”
The TAPI project is ambitious. It envisions a route across Afghanistan and Pakistan to India.
And Mr Modi appeared aware of the potential problems this route could encounter.
He also suggested that, if there were problems, a land-sea route via Iran could be used to ship gas to India from Turkmenistan.
TAPI is slated to cost around $10b and to run for 1,800km.
JULY 9 2015 (The Conway Bulletin) – Azerbaijan’s president Ilham Aliyev said he would welcome Italian infrastructure company Snam taking a stake in the planned Trans-Adriatic Pipeline (TAP) which will pump gas from Azerbaijan to Europe.
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(News report from Issue No. 239, published on July 9 2015)
JUNE 23 2015 (The Conway Bulletin) – Turkmenistan’s ambassador in Delhi, Parahat Durdyev, said that the countries developing the so-called TAPI pipeline what will pump Turkmen gas to the Indian sub-continent will choose their consortium partners by the start of September.
The Kremlin-linked Sputnik news agency quoted Mr Durdyev as saying: “By September 1, the government of Turkmenistan [is] committed to producing the final results of the selection of a consortium and the leader of the consortium.”
TAPI is one of the biggest and most ambitious energy projects in the world. Construction work hasn’t yet started on the 1,650km pipeline which will cross Afghanistan and Pakistan but international organisations such as the World Bank have said that they support the plan.
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(News report from Issue No. 237, published on June 25 2015)
JUNE 5 2015 (The Conway Bulletin) – Azerbaijan’s oil shipments via the Baku-Novorossiisk pipeline increased 40% in the first five months of the year compared to the same period in 2014, media reported quoting the state energy company. The increased oil flow through Russia is scheduled.
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(News report from Issue No. 235, published on June 11 2015)
MAY 26 2015 (The Conway Bulletin) – In a boost for EU aspirations to pump gas from Turkmenistan, Azerbaijan said that although the countries which ring the Caspian Sea still argue over ownership, it didn’t see any problems building a pipeline across it, media reported. The EU is keen to diversify its gas supplies away from Russia.
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(News report from Issue No. 233, published on May 28 2015)
MAY 20 2015 (The Conway Bulletin) – Pakistani prime minister Nawaz Sharif flew to Ashgabat to meet with Turkmen president Kurbanguly Berdymukhamedov and discuss prospective energy projects.
After their meeting, Mr Sharif said Pakistan wanted to speed up regional energy projects, including the Turkmenistan-Afghanistan-Pakistan- India (TAPI) pipeline — a much-discussed project that could deliver Turkmen gas to South Asia.
Mr Sharif’s visit to Ashgabat highlights just how important the TAPI project is to South Asia and also reflects Turkmenistan’s burgeoning status in the region.
Turkmenistan is trying to push the TAPI project forward in order to diversify its export routes. Its main client is China although it is also in talks with the EU to supply gas.
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(News report from Issue No. 232, published on May 20 2015)
