Coun­try eyes to en­sure gasi­fi­ca­tion of Al­ba­nia

Azer News - - Business - By Ab­dul Ker­imkhanov

Cur­rently, the Azer­bai­jani state oil com­pany SOCAR is wait­ing for the de­ci­sion of the Al­ba­nian govern­ment on the fea­si­bil­ity study of the gen­eral gas sup­ply plan for the coun­try.

“The fi­nal doc­u­ment of the fea­si­bil­ity study of Al­ba­nia’s gasi­fi­ca­tion plan has al­ready been pre­pared by the con­sul­tant of the Al­ba­nian govern­ment, and we have as­sisted and made com­ments. The fea­si­bil­ity study has al­ready been sub­mit­ted to the govern­ment and needs to be ap­proved,” the head of SOCAR Balkan, Mu­rad Hey­darov, told Trend.

He em­pha­sized that SOCAR Balkan is not a con­trac­tor of this project.

“Im­me­di­ately af­ter com­plet­ing the ap­proval pro­ce­dure for the fea­si­bil­ity study, within its frame­work, as one of the pri­or­ity projects, the Al­ba­nian govern­ment and Al­bgaz should build a gas pipe­line be­tween the cities of Fier, where the TAP pump­ing sta­tion is lo­cated, and Vlore, where the gas power sta­tion is lo­cated. In ac­cor­dance with the bi­lat­eral com­mit­ments be­tween the govern­ments of Azer­bai­jan and Al­ba­nia, we will carry out a de­tailed de­sign of this project free of charge,” he added.

A mem­o­ran­dum of un­der­stand­ing on co­op­er­a­tion in the de­vel­op­ment of a gen­eral plan for the gasi­fi­ca­tion of Al­ba­nia was signed be­tween Azer­bai­jan and Al­ba­nia in De­cem­ber 2014.

Al­ba­nia is one of the Eu­ro­pean coun­tries that that is set to re­ceive the sup­plies of the Azer­bai­jani gas within the frame­work of the South­ern Gas Cor­ri­dor (SGC) aimed at en­sur­ing en­ergy se­cu­rity of Europe.

Baku hosted the launch cer­e­mony of the first phase of the South­ern Gas Cor­ri­dor project on May 29, and on June 12, the open­ing cer­e­mony of TANAP pipe­line was held in the Turk­ish prov­ince of Eskise­hir with the par­tic­i­pa­tion of the pres­i­dents of Azer­bai­jan - Il­ham Aliyev, Turkey - Re­cep Tayyip Er­do­gan, Ukraine - Petro Poroshenko and Ser­bia - Alexan­der Vu­cic.

Thus, the first gas from the Azer­bai­jani Shah Deniz field com­ing out of the San­gachal ter­mi­nal ex­panded for Shah Deniz-2 project and pass­ing through the ex­panded South Cau­ca­sus Gas Pipe­line, has al­ready gone through the first seg­ment of the South­ern Gas Cor­ri­dor. The next stage was the com­mis­sion­ing of the TANAP gas pipe­line, through which the gas en­ters the ter­ri­tory of Turkey and passes on fur­ther to Europe.

The South­ern Gas Cor­ri­dor is one of the pri­or­ity projects for the Eu­ro­pean Union which aims to di­ver­sify routes and sources of en­ergy sup­plies and thereby im­prove the en­ergy se­cu­rity of Europe.

The SGC is in­tended to de­liver 10 bil­lion cu­bic me­ters gas from the Azer­bai­jani gas con­den­sate field Shah Deniz through Ge­or­gia and Turkey to Europe.

At the ini­tial stage, the gas pro­duced within the sec­ond phase of the de­vel­op­ment of the Azer­bai­jani Shah Deniz gas and con­den­sate field is con­sid­ered as the main source for the South­ern Gas Cor­ri­dor project. At a later stage other sources may be con­nected to the project.

Shah Deniz gas con­den­sate field, re­serves of which are es­ti­mated at 1.2 tril­lion cu­bic me­ters of gas is one of the largest fields of Azer­bai­jan. Within the sec­ond stage of field de­vel­op­ment, the vol­ume of gas pro­duc­tion can be in­creased to 24 bil­lion cu­bic me­ters per year, ac­cord­ing to fore­casts.

The to­tal cost of the South­ern Gas Cor­ri­dor project is es­ti­mated at $41.5 bil­lion.

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