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 Azerbaijan 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 Caucasus 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 Europe 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 Middle East 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