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Energy Finance & Investment News in Azerbaijan

 Azerbaijan plans 200 MW offshore wind farm

Azerbaijan plans 200 MW offshore wind farm

🕔Nov 4, 2015

According to sources, Azerbaijan has plans to develop a 200 MW offshore wind farm in the Caspian Sea

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Lukoil closes financing for Shah Deniz project

Lukoil closes financing for Shah Deniz project

🕔Aug 11, 2015

Lukoil has obtained long-term financing worth US$1 billion for the Shah Deniz stage 2 project located in the Caspian Sea off the coast of Azerbaijan.

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Statoil completes sale of 15.5% share in Shah Deniz to PETRONAS

Statoil completes sale of 15.5% share in Shah Deniz to PETRONAS

🕔May 5, 2015

Statoil has closed the sale of its 15.5% participating interest in the Shah Deniz production sharing agreement to the Malaysian oil and gas company Petronas.

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Statoil sells 15.5% share in Shah Deniz to PETRONAS for USD 2.2 billion

Statoil sells 15.5% share in Shah Deniz to PETRONAS for USD 2.2 billion

🕔Oct 23, 2014

Statoil has sold its 15.5% participating interest in the Shah Deniz production sharing agreement, 15.5% share in the South Caucasus Pipeline Company (SCPC), 15.5% share in the SCPC holding company, and 12.4% share in the Azerbaijan Gas Supply Company (AGSC) to the Malaysian oil and gas company Petronas.

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