GEORGIA

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.

Azerbaijan will become an important green energy and hydrogen supplier to Europe in the near future, said Azerbaijan’s energy minister Parviz Shahbazov, Trend reports.

He was addressing the ministerial meeting of the Southern Gas Corridor Advisory Council held in Baku Feb.3.

Parviz Shahbazov said that the Green Energy Advisory Council, along with the Southern Gas Corridor Advisory Council, proves that along with natural gas, green energy is a priority for Azerbaijan.

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.

The Trans-Adriatic Pipeline (TAP) has saved Italy from deindustrialization, Matteo Villa, Head of the Institute for International Political Studies (ISPI) DataLab, said, Trend reports.

"For Italy, 2022 was an important year in terms of diversification. We have the TAP, which, in 2021, saved us all. We have worked as much as possible to keep close to suppliers such as Algeria, and Azerbaijan as well as diversifying," he said.

Saudi Arabia expressed its desire to join the process of exporting ‘green’ electricity from Azerbaijan to Europe, Minister of Investment of Saudi Arabia, co-chair of the joint commission of the two countries Khalid bin Abdulaziz Al-Falih said on December 19, Trend reports.

Al-Falih made the remark at the 7th meeting of the Joint Commission on Cooperation between Azerbaijan and Saudi Arabia held in Baku.

“ Azerbaijan was the first country to invite foreign leading energy companies to cooperate in the Caspian Sea. We have established strategic oil pipelines to Turkey's port on the Mediterranean Sea and Georgia's port on the Black Sea, which have changed the energy map of Europe by diversifying energy supplies to the world market," said the President of the Republic of Azerbaijan, Ilham Aliyev, in his speech on "Azerbaijan's Role in energy security" at the International Forum held in Cernobbio, Italy, on September 2, 2022.

The Middle Corridor may become more competitive compared to the Northern Corridor.

This is what Iain Rawlinson, commercial director of the company “APM Terminals Poti”, which manages the Georgian port of Poti, told “Trend”.

„Therefore, to make the Middle Corridor remain competitive when the hostilities in Ukraine end and the situation in the region normalizes, it will need its exceptional efficiency in creating transparent rail and sea transport links“, he said.

TRACECA will conduct a study tour on the possibility of increasing trade on the route "Central Asia - European Union" through the ports of the Caspian and Black Seas, the TRACECA administration announced on Thursday - May 12, 2022.

According to a source from TRACECA, the trip will last from 16 to 24 May 2022.

Kazakhstan’s Arcelor Mittal Temirtau JSC has expressed its readiness to redirect nearly 50,000 tons of metal products to the port of Aktau with their further shipment through Azerbaijan and Georgia [being part of Trans-Caspian International Transport Route, or TITR], Trend reports citing the Ministry of Industry and Infrastructural Development.

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).