Georgian Economy Minister Levan Davitashvili hopes that oil transportation through the Baku-Supsa pipeline will resume in 2024 after regular pumping was suspended in spring 2022, Trend reports referring to Georgian media.
The Ministry of Energy of Kazakhstan stated that Astana and Baku are considering the possibility of launching oil transportation through the „Baku-Supsa“ pipeline. They noted that the parties are currently discussing this issue.
Kazakh Energy Minister Almassadam Satkaliev said that Kadakhstan and Azerbaijan are planning to launch oil transportation via the „Baku-Supsa“ pipeline. The route to the Georgian port of Supsa has a capacity of 5 million tons per year.
Azerbaijan has consistently shown its willingness to boost gas supplies and provide assistance to Europe during times of crisis. Through President Ilham Aliyev's well-defined energy strategy, the country has established itself as a dependable and trustworthy energy partner for Europe. The EU countries are progressively reinforcing their energy alliances with Azerbaijan and actively endorsing all related initiatives.
bp has resumed oil transportation through the Baku-Supsa pipeline, said Gary Jones, bp Regional President to Azerbaijan, Georgia, and Türkiye during a briefing dedicated to bp's plans for the future, Trend reports.
According to him, two tankers with oil have already been delivered to the Georgian Supsa port.
"Depending on weather conditions, oil via Baku-Supsa will be transported to world markets," he added.
The UK is ready to assist Azerbaijan in the development of offshore wind industry in the Caspian, Fergus Auld, UK Ambassador to Azerbaijan, told Trend.
Axpo has agreed the sale of its 5% stake in the Trans Adriatic Pipeline AG (TAP) to TAP shareholders Fluxys and Enagás S.A, it was announced today, Trend reports via the company.
Under the sale and purchase agreement, Belgium’s Fluxys will acquire 1% and Spain’s Enagás 4% of Axpo’s 5% equity stake. Both companies will thus reach 20% ownership of TAP, which includes UK shareholder bp (20%), Azerbaijan’s SOCAR (20%), and Italy’s Snam (20%).
Baku - Supsa oil pipeline can resume transportation at any time.
This was stated by the vice president of "bp" for communications and external relations in the Caspian and Middle Eastern region - Bakhtiyar Aslanbeyli.
“bp” is looking into all opportunities to export hydrogen through the existing gas pipelines in Azerbaijan, Vice President Finance for Azerbaijan, Georgia and Türkiye (AGT) Colin Allan said at the panel session on “Defining new ways for accelerating the green transition in Azerbaijan”, on November 2, Trend reports.
The Trans Adriatic Pipeline (TAP) made it possible for Italy to export gas in the second half of December 2021, Trend reports with reference to Italian media.
The Baku-Tbilisi-Ceyhan (BTC) oil export pipeline, operated by bp, has achieved a significant milestone by carrying 500 million tonnes of oil in total from the Sangachal terminal near Baku across Azerbaijan, Georgia and Turkey to Ceyhan, reports “bp”.
The milestone was achieved on 12 December when the 500 millionth tonne of Caspian crude flowed through the pipeline, was loaded on the 4922nd tanker named Nordorse, which was a joint SOCAR lifting, and departed for Trieste (Italy).
