Press Archive 2009
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messenger   SOCAR President: Azerbaijan, Turkey are closer to gas price deal   15.12.2009
Azerbaijan and turkey are closer to agreement on a price for the natural gas Azerbaijan supplies to Turkey, said Rovnag Abdullayev, President of the Azerbaijan State Oil Company (SOCAR). According to him, the parties are drawing near to setting a price.

georgian_times   KazMunaiGas to Develop Baku-Black Sea Pipeline Feasibility Studies   07.12.2009
Tbilisi (GBC) - Experts from KasmunaiGas have begun studying the feasibility of the Baku-Black Sea Pipeline, a senior Kazakh oil worker  told Trend Capital on condition of anonymity. "Our expens have begun calculations and the work is underway," the source said.

georgian_times   SOCAR Energy Georgia President Denies Seaport Construction   23.11.2009
Tbilisi (GBC) - Mahir Mammedov. the President of SOCAR Energy Georgia, a Georgia-based subsidiary of the State Oil Company of Azerbaijan (SOCAR), has dismissed information in the Georgian print media that the company plans lo construct a new seaport in Grigoleti in the Guria Region.

bussines_week   High-Tonnage Tanker Enters Kulevi Terminal   05.10.2009
Tbilisi (GBC) - Aegean Freedom, a 104,000-ton oil tanker, entered the Kulevi terminal on the Black Sea fol­lowing extensive seabed excavation works that expanded the port's capac­ity. Earlier the terminal could only re­ceive vessels up to 40,000 tons.

messenger    SOCAR will invest USD 20 mln in gasification of Georgia in 2009   15.09.2009
The State Oil Company of the Azerbaijan Republic (SO­CAR) has started the gasificationof the Georgian regions by open­ing three new gas supply outlets in Eastern Georgia on September 12.  Page2

bussines_week   Kulevi Terminal to Handle Tankers with Increased Capacities   07.09.2009
Tbilisi (GBC) - Black Sea Oil Ter­minal in Kulevi, the Samegrelo-Zemo Svaneti region, is ready to handle 100,000 ton tankers at its port.Kulevi Oil Terminal has already completed the seabed excavation works. Previously, the terminal was able to handle no more than 40,000 ton tankers.

financial   SOCAR eyes new customers in Georgia   31.08.2009
The State Oil Company of Azerbaijan Re­public said it would deliver gas to 57,000 new customers in nearby Geor­gia by 2010 under the terms of a De­cember agreement, according to UPI news agency.

georgian_times   SOCAR will build gas reservoir in Georgia., says SOCAR President   24.08.2009
Tbilisi (GBC)- The State Oil Company of Azerbaijan (SO­CAR) plans to construct a 300m cubic meter underground gas reservoir in Georgia, Rovnag Abdullayev, The SOCAR President, says.

bussines_week   Nabucco no longer a 'pipe dream' following landmark accord   20.07.2009
As governments inked their names to the Trans-Caucasus Nabucco pipe­line project last week in Turkey, Geor­gia's economic sector is looking forward to the prospect of cheaper energy which could spur stronger investment in the country.       Page 2

financial   BP and SOCAR Sign Memorandum Of Understanding   20.07.2009
BP and SOCAR (the State Oil Company of the Republic of Azerbaijan) announced on July 13 they have signed a memorandum of understanding (MOU) to jointly explore and develop the Shafag and Asiman structures in the Azerbaijan sector of the Caspian Sea.

bussines_week   Azerbaijan to play key role in energy deliveries to Europe: RWE vice-president   06.07.2009
Azerbaijan. Baku, /Trend Capital, A.Badalova/ Azerbaijan will play an important role in providing future en­ergy supplies to Europe, Vice-Presi­dent of the German company on de­velopment of fields Manfred Dworatzek said at the opening cere­mony of the RWE Baku office.

messenger   We have laid a good basis for effective cooperation in gas: President of Azerbaijan   01.07.2009
Upon completion of a signing ceremony of both Azerbaijan-Russia documents concerning the Caspian Sea and a joint statement on the basic principles of completing the delimitation of state borders and distribution of Samur River water resources, Presidents Ilham Aliyev of Azerbaijan and Dmitry Medvedev of Russia gave a joint press conference.

bussines_week   SOCAR Unveils Expansion Plans   29.06.2009
Tbilisi (GBC) - SOCAR Energy Georgia, a subsidiary of the State Oil Company of Azerbaijan (SOCAR), plans to open 10 new gas stations this year.

bussines_week   Who's the Best of the Best?   08.06.2009
If you have received an invitation for the XII Business Rating awards you can expect a treat on June 11. This year The Georgian Times & GORBI are joining forces with the Interna­tional Chamber of Commerce (ICC) in Georgia to make the occasion more high-profile, lively and eventful.

messenger   Georgian PM attends international energy exhibition in Baku   03.06.2009
The International Energy Conference "International Caspian Oil and Gas Exhibition, Incorporating Refining and Petrochemicals'' has opened in Baku. President of Az­erbaijan Ilham Aliev and Prime Minister of Georgia Nika Gilauri delivered speeches at the confer­ence.      Page 2

bussines_week   Business Rating XXII to award top 25 companies   25.05.2009
The Georgian Times Media Holding and it partner company GORBI are gearing up for the Busines Rating award ceremony, which rewards the best of the best 25 companies of 2008. Since 1995 the Georgian Times Media Holding has been publicly recognising the best business performers in Georgia at this prestigius event.

financial   In 2009 SOCAR exported over 9.4 million tons of oil, including over 1.9 million in April   11.05.2009
For Jan-Apr 2009 State Oil Company of Azerbaijan (SOCAR) exported 9,439,811.3 tons of via varius routes, including 1,917003.3 tons in April 2009 versus 2,569,197 tons in March, 2,873,356.1 tons in February, 2.08 million in January 2009, 2009 million tons in December 2008 and 22.588 million for 2008.

bussines_week   SOCAR Interested in Developing Gas Storage Project - Minister   04.05.2009
Tbilisi (GBC)  The State Oil Company of Azerbaijan (SOCAR) is interested in developing a project for constructing a gas storage facility in Georgia, Georgian Energy Minister, Alexandre Khetaguri, said at an April 27 news conference in Baku, the newsagency reported.

messenger   SOCAR interested in expansion of invest­ments in Georgia   29.04.2009
Georgia has emphasized the in­terest of the Stale Oil Company of Azerbaijan (SOCAR) in expanding its investments in this country, reports.
Yesterday in Baku Georgian Energy Minister Alexander Khetaguri claimed that SOCAR was interested in participating in an underground gas storage facil­ity project in Georgia.

georgia_today   Georgia Hosts International Gas and Oil Conference 03.04.2009
The Eighth International Oil, Gas and In­frastructure Conference GIOGlE 2009) and Showcase was held in Tbilisi April 2-3 at the Sheraton Metechi Palace Hotel. The aim of the conference is to discuss the alternative routes for the transportation of oil and gas from Eastern to Western countries, linking the Baku-Tbilisi-Erzurum gas pipeline lo Turkmen and Kazakh gas by developing a Trans-Caspian gas pipeline, and modifying the natural gas supply to Western Europe, the Turkey-Greece and Greece-Italy pipelines.    Page 2

Tbilisi denies purchasing gas from SOCAR at inflated prices   01.04.2009
Georgia's Energy Minister Al­exander Khetaguri has denied the statement of KazMunayGas Pres­ident Kairgeldy Kabyldin that Georgia is buying gas from Azer­baijan at the highest prices in the CIS - $400 for 1,000 cu meters.

bussines_week   SOCAR Georgia Gas to Revise tariffs in Regions   16.03.2009
Tbilisi (GBC) - SOCAR Georgia Gas, a subsidiary of the International Oil Company of Azerbaijan (SOCAR), said it will review gas tariffs in Georgia's regions.

bussines_week   SOCAR Opens Tender on Light Oil Sale from Supsa   02.03.2009
Tbilisi (GBC) - The State Oil Company of Azerbaijan Republic (SOCAR) opened a tender on the sale of Azeri Light oil consignment from the Georgian Supsa port, reported news agency. Tender result will be announced on Feb. 26.

messenger   The Clock is ticking for southern gas corridor, says Azeri Minister   25.02.2009
Azerbaijan has the resources to increase natural gas export to Europe, but it all depends on the timely creation of an effective southern gas corridor from the Caspian region and transit agreements with turkey, Azerbaijan's minister for Industry and Energy Natig Aliyev told New Europe in an interview in Athens.          Page2

georgia_today   Business Must Go As Usual   06.02.2009
The Georgian International Oil, Gas, Infrastructure and Energy Conference and Showcase (GIOGIE) is annual implementation of industry and investment reforms organized by ITE Group PLC, a leading organizer of trade exhibition and conferences.

georgian_times   Azerbaijan Invests USD 3bn in Georgian Economy, Ilham Aliyev Says   02.02.2009
Tbilisi (GBC) - Azerbaijan companies has invested USD 3bn in the economy of Georgia for the last several years, Azerbaijan President Ilham Aliyev said at the 29 January Economic Forum in Davos.

NABUCCO debated by video link   29.01.2009
On January 27 a live videoconference between Tbilisi, Mos­cow and Baku, dedicated to the on­going NABUCCO gas pipeline project summit in Budapest and the project's advantages and disad­vantages for Russia, Georgia and Azerbaijan Republic, was conducted by the RIA NOVOSTI news agency.

bussines_week   Union of Oil Product Producers, Im­porters, and Consumers named biggest 2008 taxpayer   26.01.2009
The Union of Oil Product Producers, Im­porters, and Consumers awarded oil companies on January 22 for their outstanding achievements in 2008 and named "SOCAR Georgia Petroleum" LTD the biggest taxpayer in the oil industry for trans­ferring over 172.217.882 GEL in taxes to Georgia's bud­get.

bussines_week   SOCAR may construct new port in Georgia   12.01.2009
State Oil Company of Azerbaijan Republic (SOCAR) is going to build a new port in Georgia. Azeri news agency Today.Az reported on December 22. The company is poised to build the new port from the savings gener­ated after the Kulevi Oil Terminal be­comes operational. The new port will allow the company to increase the load of high-capacity tankers.

bussines_week   SOCAR increases oil products transportation to Georgia by 80%   06.01.2009
Tbilisi (GBC). The State Oil Company of Azerbaijan Republic (SOCAR) has increased oil products transportation to Georgia by 80% through its affiliated company "SOCAR Energy Georgia" LTD. Mr. Mahir Mammedov, Head of "SOCAR Energy Georgia" LTD, said.

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