Caspian Center for Energy and Environment

Weekly News Review November 19 – November 25, 2012

All titles are hyperlinked. To read the news, please click on them.

NOVEMBER 19

Jan-Oct non-oil sector rise exceeds Italian strategy must “reconsider overall growth of Azerbaijani the role of coal”: Assocarboni economy by 10.4 times Platts Business Center

Azerbaijan’s oil production fell by Azerbaijan to discuss with IAEA 6.6% in October actual trends of nuclear energy Azerbaijan Business Center Azerbaijan Business Center

Azerbaijan to preserve investment Ashgabat, Berlin to negotiate appeal in the future investment projects Trend News Agency Trend News Agency

Tengizchevroil produces 2 billion Azerbaijan thermal power plant barrels of oil generates over 6 bln kWh Trend News Agency electricity Jan-Oct Trend News Agency

Romania to produce more solar South pipelines export than nuclear power in 2016 3.3 bn cubic meter of gas Business Recorder News.az

1 CCEE Weekly News Review, November 19-25, 2012

Gazprom and Bulgaria sign final Putin orders Gazprom rival to investment decision on South collaborate on LNG Stream Reuters Steel Guru

Kazakhstan resumes attempts to Russia-EU: gas trust crisis save Aral Sea The Voice of Russia Tengri News

Bulgaria to get price cut in Expert: Bill on reform on Gazprom deal Ukrainian energy market fails to UPI meet EU expectations Kyiv Post

Gazprom takes Greece out of German minister backs EU South Stream project plans proposal to squeeze carbon market Energy Tribune Reuters

Ukraine’ Naftogaz to buy 26 bcm Energy Minister: Ukraine prepared of from Gazprom in 2012 - possible litigation with Russia on minister gas purchases Ukraine News Agency Kyiv Post

Moody’s positive about Gazprom Russia to export 10 Primorsk crude deal cargoes in early December Warsaw Business Journal Bloomberg News

Gazprom’s contract with Bulgaria Turkmenistan talks up TAPI, Not spookily similar to Ukraine’s 2009 pipeline to gas deal Eurasianet Kyiv Post

2 CCEE Weekly News Review, November 19-25, 2012

Southern Gas corridor remains River Araz water to fill Lake priority for EU Urmia Turkish Weekly Trend News Agency

Shale gas prospects in Europe – Azerbaijan to pass new Maritime Poland set to lead regional Strategy development backed by Azerbaijan Business Center government support to domestic as well as international players for fracking The Sacramento Bee

IAEA says world oil markets Azerbaijan President receives remain well supplied Dubai Chamber delegation Reuters AME Info

Cargo and passanger transportation Will a bigger Rosneft shake up on TRACECA’s Azerbaijan Russia’s oil trade?: Campbell segment rise 5% and 8% Reuters APA

Nabucco West not concerned Belarus oil imports up 10.5% about Bulgarian shareholder in January-September project Belarus Telegraph Agency Trend News Agency

Iran starts building $10 billion gas BP to use Rosneft billions to help pipeline to boost energy sector bolster its flagging share price The Wall Street Journal The Independent

Iran, Azerbaijan to discuss use of KazTransGas only pays Georgia

3 CCEE Weekly News Review, November 19-25, 2012

30 million lari of 80 million lari Azerbaijan News Network debt Trend News Agency

Iran to consider determination of Rosneft announces strategic Iranian part of Caspian Sea advisory group Trend News Agency Oil&Gas Eurasia

Ukraine offers Shah Deniz to use TPAO highlights Black Sea its GTS and storage facilities for prospects gas deliveries to Europe Natural Gas Europe Ukraine News Agency

Iran denies reports on increasing Baltics: Regional cooperation on natural gas imports LNG infrastructure integral to Steel Guru energy security Natural Gas Europe

Azerbaijan to be happy about Ukraine gas transport via Hungary Ukraine’s TANAP accession - starts in January envoy Natural Gas Europe News.Az

Iran crude exports rising, despite Black Sea new focus for sanction development, Ukraine says Oil&Gas Eurasia Natural Gas Europe

Russian energy committee: shale Turkmenistan to push ahead with gas is a bluff gas export plan Natural Gas Europe Natural Gas Europe

Anti-SOCAR action held in

Switzerland

4 CCEE Weekly News Review, November 19-25, 2012

NOVEMBER 20

Russian minister: no reason for World oil market well supplied state to increase ownership of despite Iran sanctions: IEA Russian oil sector Domain-b.com Kyiv Post

Is Russia the world’s largest oil Oil prices drifting lower on talk of producer? It all depends on whom cease fire in you ask Nasdaq Forbes

Czech pipeline operator Mero buys Norway challenges Russia with 5% in TAL crude oil pipeline new gas pricing in Europe Fox News Kyiv Post

Belarus ready to deliver petroleum Pipeline would loosen Russian products processed from Russian stranglehold on European natural oil to Russia gas supply Oil&Gas Eurasia Forbes

SOCAR guarantees energy Russia to supply Asia-Pacific with security of Georgia up to 15 mln tons of gas by 2018 News.Az Xinhua News

SOCAR processing segment Gazprom hopes to save up to 30% produced marketable output for on buying domestic equipment in $2.104 bn for Jan-Oct Tomsk region Azerbaijan Business Center Kyiv Post

Bulgaria to received PetroVietnam: in talks with unprecedented natural gas Gazprom, Zarubezhneft to boost discounts oil, gas cooperation Russia Beyond the Headlines Fox News

5 CCEE Weekly News Review, November 19-25, 2012

Gazprom Deputy CEO rejects First “energy auditors” to appear in linking European gas prices to spot Azerbaijan market Azerbaijan Business Center Fox News

Is South Stream too hard to handle Gazprom plays key role in for Gazprom? Europe’s energy balance Pravda The Voice of Russia

Chinese inroads into Central Asia: Turkmenistan: Trans-Caspian gas focus on oil and gas pipeline causes claims from Journal of Energy Security neither Russia nor Iran Azerbaijan Business Center

Ukraine ready to supply Russia Energy Ministry mulls Azerbaijani gas to EU Novatek LNG export request – Steel Guru report Fox News

Azerbaijani Parliament ratifies Nabucco welcomes ratification of agreement on TANAP gas pipeline agreement on TANAP by Trend News Agency Azerbaijani Parliament Trend News Agency

Head of Russian Gas Society: Russia Deputy PM: Russia to sell Nabucco gas pipeline project has Rosneft stake in 2013 to BP only - outdated report APA Fox Business

Reduction rate of extraction hits Exxon, Shell said to face delay on 7.5% in Azerbaijan’s oil sector Kashagan output boost APA Bloomberg News

6 CCEE Weekly News Review, November 19-25, 2012

APA

Anatolia Energy purchases 26.1% Belarusian government interested in Vetter Uranium in Azerbaijani investments Energy Business Review Trend News Agency

IMF: Azerbaijan must pay BP faces rise in Azeri oil spending attention to development of private without extended license sector Bloomberg News APA

Russia: Caspian Energy completes offshore fixed platform for Dragon NOVEMBER 21 Oil World Maritime News

Statoil and Winterhall sign major India’s ONGC plans bond sale to strategic gas supply agreement fund acquisition in Azerbaijan Reuters Trend News Agency

Direct investments in Azerbaijan’s Kazakh oil, gas condensate output oil sector grew by 18% for Jan-Oct down 1.4% in Jan-Oct 2012 Azerbaijan Business Center Hellenic Shipping News

SOFAZ sharply increases Non-oil sector growth in investments in Russian ruble Azerbaijan to significantly APA compensate decline in oil production in 2013 Trend News Agency

Azerbaijan gives some proposals Gazprom Executive: 2013 to NATO on security of pipelines investment program at same level and energy infrastructure

7 CCEE Weekly News Review, November 19-25, 2012 as 2012 - Report takeover of TNK-BP Fox News The Moscow Times

Bulgarian PM: South Stream has 4th Annual Turkey Energy better prospects than Nabucco Summit: Financing Future Energy Sofia News Agency Infraestructure Events Ltd.

Proposed tunnel construction to Azerbaijan’s oil, gas natural-gas prevent wastewater discharge into exports fell in the first nine months Caspian Sea in Azerbaijan Bloomberg News Trend News Agency

Azerbaijan introduces compulsory Gazprom-led group to start laying certification of equipment for underwater South Stream gas alternative energy and energy pipelin in 2014 saving Platts Azerbaijan Business Center

Azerbaijan to employ differential Russian natural gas exports tariffs for alternative energy declining APA UPI

Baku hosts conference: “Energy Moldovan PM: Contract for Efficiency: economic, institutional Russian gas to Moldova to be aspects and perspectives” extended another year APA Kyiv Post

Satellite technologies presented in ABB to supply power equipments Azerbaijan’s oil and gas sphere for Atyrau refinery in Kazakhstan Trend News Agency Energy Business Review

Khodorkovsky criticizes Rosneft

8 CCEE Weekly News Review, November 19-25, 2012

Sri Lanka invites Kazakhstan to Representatives of SOCAR attends explore oil, set up joint ventures Vienna economical forum Colombo Page News.Az

Turkish official proposes gas Russia not to choose agreed pipeline from Israel volume of Azeri gas volumes Globes Azerbaijan Business Center

NOVEMBER 22

The gas reserves of Azerbaijan Minister: Kazakhstan interested in have reached 2.65 trl cubic meters transporting oil via BTC News.Az Trend News Agency

IMF expects fall of Azerbaijan’s Gazprom to spend $2 billion to oil sector by 7% in 2012 and by boost EU gas flow via Belarus 1.9% in 2013 Bloomberg News Azerbaijan Business Center

Threats against Azerbaijan’s Gazprom’s prospects on European energy infrastructure still exist market News.Az The Voice of Russia

Russia warns Gazprom probe, Caspian oil exploration held back rules may raise EU gas price - by rig shortages report Business News Europe Fox News

Gazprom and Tomsk Region Minister: Foreign investments in Administration to compile triennial Azerbaijan’s oil sector exceed $45 program to boost production bln Financial Channel Trend News Agency

9 CCEE Weekly News Review, November 19-25, 2012

Russian ambassador believes On The Money: Oil Patch Ukraine, Russia will not go to RT court on gas purchase issue Kyiv Post

TAP presents environmental and Fortum Stresses social impact assessments to Strong Energy Market Albania’s communities Development Trend News Agency SmartMeters

South Stream route raises European Commission welcomes questions in the Balkans Azerbaijan's ratification of Southeast Europe Times TANAP gas Azerbaijan Business Center

MEPs vote for though rules on EU Iran buys Turkish gold with gas extraction money from gas exports, deputy News Talk PM says Hurriyet Daily News

High hopes for Austrian firm lie in Turkey reveals Iranian gold-for- Black Sea gas trade-off Turkish Weekly FRANCE 24

November 24

Serbia requests $1bn credit President congratulates people from Russia of Kazakhstan on victory to host New Europe Expo 2017

Caspionet

Azerbaijani Ambassador: Natural Azerbaijani oil prices for Nov.19- gas supplies to Ukraine may start 23 late in 2017 Trend.az

10 CCEE Weekly News Review, November 19-25, 2012

Kyiv Post Cycle Gas Turbine Unit Power Engineering Magazine

BP reports itself on educational SOCAR dynamically develops in initiatives in Azerbaijan Swiss market [Trend News Agency, Azerbaijan Business Center Baku ... Equities.com

ENERGY - Gazprom goes liberal Filthy rich: Britain's favourite in Turkish market dictatorship had so much oil its Hurriyet Daily News heiresses ... Daily Mail

No Energy Project Should of BP stresses local specialists' growing Course Be Placed in a Territory role in Azerbaijani oil Occupied By Force and gas projects AllAfrica.com Trend.az

November 25 Ambassador says deliveries South Stream Appreciated from Azerbaijan will begin by Natural Gas Europe 2017 UPI.com

Gazprom might fine Ukraine $2.7- Cyprus needs a 5.7 b comprehensive energy policy Kyiv Post Cyprus Mail

BP in secret talks BP in talks with Gazprom to bring with Gazprom to pipe Russian gas Russian gas supply to Britain WSJ This is Money

Gazprom Commissions Combined

11 CCEE Weekly News Review, November 19-25, 2012

Gas supply to some Bishkek districts cut off due to its offtake BP in early talks to reduction from ... bring Russian natgas to UK 24 MarketWatch

Russia approves Rosneft purchase of TNK-BP SteelGuru Caspian Center for Energy and Environment

BP in Early Talks Over Nord Azerbaijan Diplomatic Academy Stream Link to Bring Russian Gas 11 Ahmadbey Aghaoglu Street, AZ to UK 1008 Fox Business Baku, Azerbaijan [email protected] www.ccee.ada.edu.az Kiev to avoid Russia- Ukraine gas crisis Tel:(+994 12) 437 3235 New Europe (blog) Fax: (+994 12) 437 3236

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