Shah Deniz lacking production agreements

BAKU, Azerbaijan, May 14 (UPI) -- Production at Phase 2 of the offshore Shah Deniz gas field in the Caspian Sea requires purchase and transit agreements, Azeri officials said.

Baku, Moscow extol energy ties

MOSCOW, April 20 (UPI) -- Moscow and Baku enjoy strong economic and energy ties that have increased recently despite the global recession, the Azeri president said.

Baku, Ankara and soccer diplomacy

ANKARA, Turkey, April 10 (UPI) -- Washington's effort at restoring diplomatic relations between Turkey and Armenia faces derailment without support from Azerbaijan.

Aliyev: Azerbaijan needs non-oil growth

BAKU, Azerbaijan, Feb. 13 (UPI) -- Azerbaijan needs to advance in competitive areas in the non-oil sector in order to reduce dependency on the energy market, the Azeri president said.

Turkey eyes Phase 2 of Shah Deniz

BAKU, Azerbaijan, Feb. 6 (UPI) -- Turkey stated its intention to buy more natural gas from Azerbaijan from the development of Phase 2 of the offshore Shah Deniz gas field, officials said.

Azeri officials talk gas at Davos

DAVOS, Switzerland, Jan. 30 (UPI) -- Azeri officials met with top energy executives on the sidelines of the World Economic Forum in Switzerland to discuss production at the Shah Deniz gas field.

Azerbaijan key to energy diversity

BAKU, Azerbaijan, Jan. 15 (UPI) -- Azerbaijan is positioned strategically with the necessary infrastructure to advance the diversification of the European energy sector, officials said.

U.S. delegation attends Energy Summit

WASHINGTON, Nov. 13 (UPI) -- U.S. Energy Secretary Samuel Bodman will lead a delegation to Azerbaijan for the 2008 Energy Summit.

Azerbaijan to ship oil to Russia and Iran

BAKU, Azerbaijan, Sept. 25 (UPI) -- In a possible geopolitical shift, Azerbaijan in the wake of the Georgian conflict said it would offer more oil to Iran and Russia, officials said.

Azerbaijan eyes expanding reserve capacity

BAKU, Azerbaijan, Sept. 19 (UPI) -- The government of Azerbaijan ordered banking officials to start a feasibility study for the construction of a new petrochemical facility for Caspian reserves.

Azerbaijan refutes Nabucco claims

BAKU, Azerbaijan, Sept. 9 (UPI) -- The government of Azerbaijan Tuesday refuted claims it was apprehensive about signing on to the planned Nabucco pipeline out of fear of angering Russia.

U.S. sees Azerbaijan as key energy player

BAKU, Azerbaijan, Aug. 25 (UPI) -- Azerbaijan is a key energy player in the Caucasus region and is viewed as a partner to Western countries, a top U.S. lawmaker said Monday.

BP to reduce damage to Azeri energy sector

BAKU, Azerbaijan, Aug. 20 (UPI) -- Every effort will be made to reduce the damage to Azerbaijan's energy sector from the South Ossetian conflict between Russia and Georgia, BP officials said.

BTC capacity at maximum by 2009

BAKU, Azerbaijan, July 25 (UPI) -- The government of Azerbaijan said it would increase the capacity of the Baku-Tbilisi-Ceyhan oil pipeline to its maximum capacity in 2009.

Gazprom courts Azerbaijan

BAKU, Azerbaijan, July 8 (UPI) -- Russian gas giant Gazprom plans to launch talks with Azerbaijan to broker gas purchases from the energy-rich nation, Russian officials said Tuesday.

Medvedev tours energy-rich Caspian region

MOSCOW, July 3 (UPI) -- Russian President Dmitry Medvedev plans to visit the Caspian region to discuss oil and gas pricing mechanisms as well as pipeline projects, officials said.

The Azeri elections and oil

WASHINGTON, June 12 (UPI) -- Since Sept. 11, 2001, the Bush administration has pursued a "global war on terror" and a mission to advance democracy around the world. The latter campaign, however, elicits muffled criticism when an oil-rich state is holding elections, even in the former Evil Empire post-Soviet space.
JOHN C.K. DALY, UPI International Correspondent

Azerbaijan has 100 years worth of reserves

BAKU, Azerbaijan, June 11 (UPI) -- Azerbaijan has enough energy reserves to last for the next century, Azerbaijani President Ilham Aliyev said in the capital, Baku, Tuesday.

Gazprom covets Azeri natural gas

WASHINGTON, June 6 (UPI) -- The peaceful implosion of the Soviet Union in December 1991 completely changed the geography of the Caspian Sea region: Where Iran had previously shared the Caspian with the Soviet Union, in its place arose four new states -- the Russian Federation, Azerbaijan, Kazakhstan and Turkmenistan.
JOHN C.K. DALY, UPI International Correspondent

SOCAR warms to Gazprom offer

BAKU, Azerbaijan, June 3 (UPI) -- The State Oil Co. of Azerbaijan, SOCAR, said it is considering the offer made by Russian gas giant Gazprom for Azeri gas contracts.

Azerbaijan and Turkmenistan improve relations

WASHINGTON, May 22 (UPI) -- For the last 17 months Russia and China have been engaged in a three-way tussle with Western energy companies to develop Turkmenistan's vast natural gas resources.
JOHN C.K. DALY, UPI International Correspondent

Analysis: Azeris seize Iran nuke material

WASHINGTON, April 29 (UPI) -- Amid increasingly rancorous U.S.-Iranian relations over Tehran's nuclear energy program, the U.N. sanctions regime scored a small victory March 29 when Azerbaijan's customs and frontier officials detained a Russian cargo bound for Iran's Bushehr nuclear facility.
JOHN C.K. DALY, UPI International Correspondent

Analysis: U.K. firm to audit Turkmen gas

WASHINGTON, March 28 (UPI) -- Since the death in December 2005 of Turkmen President Saparmurat Niyazov, Western energy firms have longingly eyed Turkmenistan's vast natural gas reserves, which even during the Soviet era were estimated at 10 trillion to 14 trillion cubic meters, exceeded only by those of the Russian Federation. Among the potential suitors for Ashgabat's favor, no firms were more ardent than U.S. companies. Alas, once again for Washington, the groom has been left at the altar.
JOHN C.K. DALY, UPI International Correspondent

Analysis: Poland, Azeris eye energy ties

Washington never tires of reminding Europe of the dangers of over-reliance on Russia as an energy source, muttering darkly that in the future the Kremlin will use its growing presence to influence European governments in a manner detrimental to their own interests. It is not an idle concern, with some analysts predicting that by 2020 Europe could be dependent on Russia for up to 70 percent of its natural gas imports.
JOHN DALY, UPI International Correspondent

UPI Energy Watch

Bulgaria, Azerbaijan hold gas pipeline talks; Czechs losing position of oil, gas transit country; Germany, Russia agree to strategic cooperation
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