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Putin To Visit Azerbaijan On August 13

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  • Putin To Visit Azerbaijan On August 13

    PUTIN TO VISIT AZERBAIJAN ON AUGUST 13

    http://armenpress.am/eng/print/728650/putin-to-visit-azerbaijan-on-august-13.html
    18:10, 8 August, 2013

    YEREVAN, AUGUST 8, ARMENPRESS: President of Russian Federation
    Vladimir Putin will pay an official visit to Azerbaijan on August
    13. "Armenpress" reports that about this informs news website
    virtual.az making a reference on Turkish media. It is mentioned that
    Russian President will be accompanied by a large delegation among
    which will be heads of large energetic companies.

    During the visit issues relating to cooperation in that field will
    be discussed as well as opinions will be exchanged on regional and
    international issues. Earlier it was reported that the visit would
    take place on August 12.

    Turkish "Yeni Asya" newspaper informed on August 7 that in order to
    decrease Russia's trouble for implementing energetic projects with
    Western countries Baku offered the Russian participation in Trans
    Adriatic Pipeline (TAP). "Generally Azerbaijani position is a product
    of concept aimed to "mollify" Russia," wrote the newspaper.

    The statement of Turkish newspaper makes us think that for this
    proposal Putin's coming visit to Azerbaijan is aimed to showing
    support to Ilham Aliyev at coming presidential elections.

    Trans Adriatic Pipeline project was announced in 2003 by Swiss energy
    company EGL Group (now named Axpo). The feasibility study was concluded
    in March 2006. Two options were investigated: a northern route through
    Bulgaria, the Republic of Macedonia and Albania, and a southern route
    through Greece and Albania, which finally was considered to be more
    feasible. In March 2007, the extended basic engineering for the
    pipeline was completed.

    On 13 February 2008, EGL Group and the Norwegian energy company
    Statoil signed an agreement to set up Trans Adriatic Pipeline AG,
    a joint venture to develop, build and operate the pipeline. In
    June 2008, the project company filed an application with the Greek
    authorities to build a 200 kilometres (120 mi) section of the pipeline
    from Thessaloniki to the Greek-Albanian border. In January 2009,
    the TAP project carried out a marine survey in the Adriatic Sea
    to verify the offshore route for the future gas pipeline. A route
    assessment survey in Albania started in July 2009. In March 2009,
    an intergovernmental agreement between Italy and Albania on energy
    cooperation mentioned TAP as a project of common interest for both
    countries. In January 2010, TAP opened country offices in Greece,
    Albania and Italy. In March 2010, TAP submitted an application to
    Italian authorities for inclusion into the Italian gas network.

    On 20 May 2010, it was announced that E.ON becomes a partner in the
    project. The deal was successfully closed on 7 July 2010.

    In March 2010, TAP submitted an application to Italian authorities
    for inclusion into the Italian gas network. In November 2010, TAP
    started a route refinement survey in northern Greece in preparation for
    the environmental impact assessment. On 7 September 2011, the Trans
    Adriatic Pipeline AG (TAP AG) submitted its EU Third Party Access
    Exemption applications in all three host countries. Exemption will
    allow TAP AG to enter into long term ship-or-pay gas transportation
    agreements with the shippers of Shah Deniz II gas. The exemptions
    were granted on 16 May 2013.

    In February 2012, the Trans Adriatic Pipeline was the first project
    to be pre-selected and to enter exclusive negotiations with the
    Shah Deniz Consortium. In August 2012, consortium partners BP, SOCAR
    and Total S.A. signed a funding agreement with TAP's shareholders,
    including an option to take up to 50% equity in the project. On 22
    November 2012, the TAP consortium and Trans-Anatolian gas pipeline's
    partners signed a memorandum of understanding that establishes a
    cooperation framework between the two parties. In June 2013, the
    project was chosen as a route for gas from Shah Deniz II over the
    competing Nabucco West project.

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