Friday, May 22, 2015

Earlier, Bulgaria, Hungary and the Czech Republic have expressed a desire to buy Azerbaijani gas di


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The issue lies in the fact that Azerbaijan is not only the European define affiliated countries will provide a necessary resource, but also will create a distribution network in some of them. This will significantly increase the level of gasification of Europe as a whole.
Albania, for example, will receive define affiliated Azerbaijani gas and infrastructure developed in the area of its distribution. Remote cities of the country will gain access to the most important energy burimim, which will have a positive impact on the standard of living of the population.
National Gas Company of Azerbaijan, SOCAR, by its going to take some financial benefits. Also, one should not exclude the possibility that in case of successful realization of the project, other countries in the region are likely to want to engage in such cooperation.
Today's announcement by SOCAR also notes the seriousness of the intentions of SOCAR with the announcement of a special tender held to determine the auditor, who will prepare a feasibility study of the project and assess the current state of gas infrastructure in Albania.
At the same time, the European Commission is also considering the agreement regarding the purchase of a two-thirds stake in the operator system of gas transimsionit Greece natures DESFA to SOCAR. And, if the deal is successfully concluded, the supply of gas to SOCAR in Europe will not be restricted in Albania.
Earlier, Bulgaria, Hungary and the Czech Republic have expressed a desire to buy Azerbaijani gas directly. Given that gas consumption in these countries is relatively low, 10 billion cubic meters designed define affiliated to Evorpës exported through the Trans-Adriatic define affiliated Pipeline (TAP) will provide enough gas to these countries.
Moreover, the company has a vast experience and successful in gas distribution as it carries out this work in Azerbaijan and Georgia. It is expected that the number of new users (potential) covered by the program SOCAR for gas supply in the regions of Georgia to reach 480,000 people by the end of 2015.
In the final stage, the TAP consortium will be engaged in the supply of gas to Europe. Seven companies are shareholders of TAP: BP (20 percent), SOCAR (20 percent), Statoil (20 percent), FLUXYS (16 percent), Total (10 percent), E.ON (nine percent) and Axpon (five percent).
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