Shah Deniz

Azerbaijan Oil Industry

Here is a roundup of some of this week’s more interesting energy deals: The BP-led Shah Deniz consortium signed a 25-year sales agreement for more than 10 billion cubic metres per year of natural gas from the second phase of development at the giant Shah Deniz field offshore Azerbaijan. Shah Deniz will deliver gas directly… Keep reading →

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As global natural gas fundamentals shift – with Asian demand expected to significantly increase, the US importing less and exporting more – European countries seek secure and reliable long-term supply from a diverse group of producers. An ambitious pipeline project dubbed the Southern Gas Corridor is part of that vision. European utilities have successfully renegotiated… Keep reading →


A pair of proposed pipeline projects may bring more than 90 billion cubic meters per year of natural gas to European markets, but this will not undermine the rationale for developing the continent’s indigenous shale resources, which could offer a range of other economic and security benefits, says Eurasia Group global gas analyst Leslie Palti-Guzman.… Keep reading →