BP confirms plans to ship gas to Europe from Azerbaijan by year-end
Oil major BP has confirmed plans to start shipping natural gas from Azerbaijan to Europe by the end of the year, as concerns about the military conflict over the Nagorno-Karabakh region have heightened.
Armenia and Azerbaijan have been involved in the worst fighting over Nagorno-Karabakh since a 1991-94 war, prompting international diplomatic efforts to stop the conflict.
BP is a shareholder in the Trans Adriatic Pipeline (TAP), part of the Southern Gas Corridor project, designed to export energy from Azerbaijan's offshore Shah Deniz field to Europe.
It said in a statement the commissioning of TAP and the interconnecting pipeline built by Snam Rete Gas was expected to be ready in November.
"(This) will allow the Shah Deniz Consortium to finalize the final steps required to start the twenty-five years long supplies of natural gas from Azerbaijan to customers in Italy, Greece and Bulgaria as planned by the end of 2020," BP said.
The $40 billion Southern Gas Corridor will draw from Azerbaijan's giant Shah Deniz II field in the Caspian Sea and has the backing of the European Commission as it seeks to curb Europe's dependence on Russian energy.
From the fully completed Southern Corridor, Turkey will receive additional 6 billion cubic meters (bcm) of Azeri gas per year, while 10 bcm is earmarked for Europe.
(Reporting by Nailia Bagirova, writing by Vladimir Soldatkin; editing by Emelia Sithole-Matarise)
Between mid-2019 and mid-2020, the amount of LNG terminal capacity in construction around the world more than doubled.
Executive Viewpoint: Excelerate Energy sees huge new-market potential for FSRUs
Excelerate Energy is a pioneer and market leader in floating LNG regasification solutions.
Executive Viewpoint: Midstream seeks cost-effective, “fit-for-purpose” solutions amid downturn
-Gregory L. Hall
BCCK Holding encompasses BCCK Engineering Inc., an international natural gas engineering company specializing in nitrogen rejection, nitrogen rejection for landfill gas, NGL recovery, CO2 removal, helium recovery, skidded LNG plants and oxygen removal.
Regional Focus: The role of small-scale LNG in Russia’s energy agenda
-Lorenzo Micucci, John Motta
A number of factors are challenging Russia’s position in the energy markets: the change in the global natural gas landscape, the abundance of gas, expanding LNG trade, and the increased interconnectivity among pipeline systems that makes possible reverse flows.
GasPro 2.0: A Webcast Symposium
Following the successful GasPro Webcast Symposium in October 2019, the third GasPro Webcast Symposium will take place on October 21, 2020.
The 2019 webcast drew attendees from around the world, with more than 80% of the audience working in company management or engineering divisions.
The 2020 web event will gather experts in the fields of LNG, gas processing and process safety to share market, operations and engineering technology and trends with our audience.
Attendees of the 2020 webcast will learn about market solutions and technology deployments in a number of areas: LNG delivery infrastructure, small-scale desulfurization for NGL, H2S removal for gas treating, process safety for safety instrumented systems, small-scale LNG project design, and advances in freeze component removal for LNG.
October 21, 2020 08:30 AM CDT