TAP’s shareholder to participate in construction of new gas pipeline in Albania

[ad_1] Excelerate Energy L.P. (Excelerate), Snam S.p.A (Snam) and Albgaz Sh.a (Albgaz) today signed a Memorandum of Understanding (MOU), in Tirana, Albania, to explore potential cooperation for the construction of a natural gas pipeline from the Albanian Vlora Terminal to other natural gas infrastructure opportunities in Albania. Under this MOU, Excelerate, Snam, and Albgaz will… Continue reading TAP’s shareholder to participate in construction of new gas pipeline in Albania

Turkey preparing to start laying gas pipeline to Azerbaijan’s Nakhchivan

[ad_1] Turkey and Azerbaijan are preparing to start laying a gas pipeline to Nakhchivan (a landlocked exclave of Azerbaijan), Report informs, citing an interview of the Turkish Energy and Natural Resources Minister Fatih Dönmez with Anadolu News Agency. The Turkish minister noted that he had already signed a memorandum of understanding with his Azerbaijani counterpart:… Continue reading Turkey preparing to start laying gas pipeline to Azerbaijan’s Nakhchivan

IMF: SGC pipeline to boost exports of natural gas, mitigating decline in oil production

[ad_1] Risks to the outlook of the Azerbaijani economy are broadly balanced, although uncertainty about the future of the pandemic remains high, Report informs referring to a report by the International Monetary Fund (IMF) following consultations with the Azerbaijani government under Article IV of the IMF’s Articles of Agreement. “Vaccination is expected to help defeat… Continue reading IMF: SGC pipeline to boost exports of natural gas, mitigating decline in oil production