Azeri–Chirag–Gunashli
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Azeri–Chirag–Gunashli
Azeri–Chirag–Gunashli (ACG, az, Azəri-Çıraq-Günəşli) or Azeri–Chirag–Deepwater Gunashli is a complex of oil fields in the Caspian Sea, about off the coast of Azerbaijan. It consists of the Azeri and Chirag oil fields, and the deepwater portion of the Gunashli oil field. An overall estimate of the area of the development is .''SOCAR website'' Azeri–Chirag–Guneshli
It is developed by the , a consortium of international oil companies, and operated by BP on behalf of the consortium. The ACG fields have estimated recoverab ...
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Azerbaijan International Operating Company
Azerbaijan International Operating Company is a consortium formed to implement the terms of the “Agreement on the Joint Development and Production Sharing for the Azeri and Chirag Fields and the Deep Water Portion of the Gunashli Field in the Azerbaijan Sector of the Caspian Sea” signed among SOCAR and international companies. History The consortium was established in February 1995 after PSA was ratified by Parliament of Azerbaijan on December 2, 1994. AIOC initially consisted of 11 companies ( BP, Amoco, Unocal, LUKoil, Statoil, Exxon, TPAO, Pennzoil, McDermott, Ramco, Delta Nimir) representing 6 countries ( UK, USA, Russia, Norway, Turkey and Saudi Arabia). The biggest single shareholder is BP. SOCAR and co-venturers ( BP, Chevron, INPEX, Statoil, ExxonMobil, TP, ITOCHU and ONGC Videsh) signed amended and restated Azeri-Chirag-Deepwater Gunashli Production Sharing Agreement (PSA) on September 14, 2017 and extended the development of this field until 2050. Overview ...
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Azerbaijan
Azerbaijan (, ; az, Azərbaycan ), officially the Republic of Azerbaijan, , also sometimes officially called the Azerbaijan Republic is a transcontinental country located at the boundary of Eastern Europe and Western Asia. It is a part of the South Caucasus region and is bounded by the Caspian Sea to the east, Russia (Republic of Dagestan) to the north, Georgia to the northwest, Armenia and Turkey to the west, and Iran to the south. Baku is the capital and largest city. The Azerbaijan Democratic Republic proclaimed its independence from the Transcaucasian Democratic Federative Republic in 1918 and became the first secular democratic Muslim-majority state. In 1920, the country was incorporated into the Soviet Union as the Azerbaijan SSR. The modern Republic of Azerbaijan proclaimed its independence on 30 August 1991, shortly before the dissolution of the Soviet Union in the same year. In September 1991, the ethnic Armenian majority of the Nagorno-Karabakh region formed the ...
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SOCAR
The State Oil Company of Azerbaijan Republic ( az, Azərbaycan Respublikası Dövlət Neft Şirkəti), largely known as SOCAR is fully state-owned national oil and gas company headquartered in Baku, Azerbaijan. The company produces oil and natural gas from onshore and offshore fields in the Azerbaijani segment of the Caspian Sea. It operates the country's only oil refinery, one gas processing plant and runs several oil and gas export pipelines throughout the country. It owns fuel filling station networks under the ''SOCAR'' brand in Azerbaijan, Turkey, Georgia, Ukraine, Romania and Switzerland. SOCAR is a major source of income for the authoritarian regime in Azerbaijan. The company is run in an opaque manner, as it has complex webs of contracts and middlemen that have led to the enrichment of the country's ruling elites. History Soviet era Azneft, a business that integrated the Azerbaijani oil industry was created after the Bolshevik Revolution through the nationalizati ...
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Gunashli Oilfield
Gunashli ( Azerbaijani: ''Günəşli'') is an offshore oil field in the Caspian Sea, located east of Baku, Azerbaijan, southeast of Oil Rocks and its deep water section is a part of the larger Azeri–Chirag–Guneshli (ACG) project. The Azerbaijani translation of ''Gunashli'' means ''"sunny"''. Gunashli is believed to have more than 100 million tonnes of oil reserves. Western shallow water section The portion of Gunashli field which is not in the scope of ACG project, lies in depth of water and developed by State Oil Company of Azerbaijan Republic (SOCAR) while the deepwater section developed by BP within ACG project is at . The field was explored in 1958–63. The first offshore platform was installed by 1976. Production in this section started in 1982. It consisted of 4 steel jackets for drilling of 10 wells. As per 1980 data, the platform produced 320 tonnes of oil per day. As of 1995, Gunashli was producing of oil. Because of steadily falling rate ...
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Baku–Tbilisi–Ceyhan Pipeline
The Baku–Tbilisi–Ceyhan (BTC) pipeline is a long crude oil pipeline from the Azeri–Chirag–Gunashli oil field in the Caspian Sea to the Mediterranean Sea. It connects Baku, the capital of Azerbaijan and Ceyhan, a port on the south-eastern Mediterranean coast of Turkey, via Tbilisi, the capital of Georgia. It is the second-longest oil pipeline in the former Soviet Union, after the Druzhba pipeline. The first oil that was pumped from the Baku end of the pipeline reached Ceyhan on 28 May 2006. History Planning The Caspian Sea lies above one of the world's largest collections of oil and gas fields. As the sea is landlocked, transporting oil to Western markets is complicated. During Soviet times, all transportation routes from the Caspian region were through Russia. The collapse of the Soviet Union inspired a search for new routes. Russia first insisted that the new pipeline should pass through its territory, then declined to participate. In the spring of 1992, the Turki ...
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Novorossiysk
Novorossiysk ( rus, Новоросси́йск, p=nəvərɐˈsʲijsk; ady, ЦIэмэз, translit=Chəməz, p=t͡sʼɜmɜz) is a city in Krasnodar Krai, Russia. It is one of the largest ports on the Black Sea. It is one of the few cities honored with the title of the Hero City. Population: History In antiquity, the shores of the Tsemes Bay were the site of Bata ( el, Μπάτα), an ancient Greek colony that specialized in the grain trade. It is mentioned in the works of Strabo and Ptolemy, among others. Following brief periods of Roman and Khazar control, from the 9th century onwards, the area was part of the Byzantine θέμα Χερσῶνος ''Thema Khersonos'' (Province of Cherson). During the 11th century, the area was overrun and controlled by nomads from the Eurasian steppe, led by the Cumans. Later that century, the Byzantine emperor Ἀλέξιος Κομνηνός Alexios I Komnenos ( r. 1081–1118) was approached by Anglo-Saxon refugees, who had left En ...
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Supsa
Supsa ( ka, სუფსა) is a Black Sea port village in western Georgia with the population of 273 (2014). It is located in the Lanchkhuti Municipality, on the river Supsa. It is the terminus of the Western Early Oil pipeline from Azerbaijan and the Caspian Sea oil fields. In 2011 a cement plant was put into operation. There is a railway station (Samtredia–Batumi railway) in the village. European route E692 passes through Supsa and has a junction with European route E70 near the village. See also * List of ports in Georgia (country) Georgia is a country in the Caucasus, with an access to the Black Sea. There are four functioning seaports—Batumi, Poti, Kulevi, and Supsa—in Georgia and one, that of Anaklia, is under construction. Four more ports—Sukhumi, Gudauta, Gagra, a ... References External links * Ports and harbours of Georgia (country) Populated places in Lanchkhuti Municipality Georgian Black Sea coast Port cities in Asia Port cities in Europe ...
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Georgia (country)
Georgia (, ; ) is a transcontinental country at the intersection of Eastern Europe and Western Asia. It is part of the Caucasus region, bounded by the Black Sea to the west, by Russia to the north and northeast, by Turkey to the southwest, by Armenia to the south, and by Azerbaijan to the southeast. The country covers an area of , and has a population of 3.7 million people. Tbilisi is its capital as well as its largest city, home to roughly a third of the Georgian population. During the classical era, several independent kingdoms became established in what is now Georgia, such as Colchis and Iberia. In the early 4th century, ethnic Georgians officially adopted Christianity, which contributed to the spiritual and political unification of the early Georgian states. In the Middle Ages, the unified Kingdom of Georgia emerged and reached its Golden Age during the reign of King David IV and Queen Tamar in the 12th and early 13th centuries. Thereafter, the kingdom decl ...
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Trend News Agency
Trend News Agency ( az, Trend Xəbər Agentliyi) is an Azerbaijani news company which focuses on current affairs in the Caucasus region and Central Asia Central Asia, also known as Middle Asia, is a subregion, region of Asia that stretches from the Caspian Sea in the west to western China and Mongolia in the east, and from Afghanistan and Iran in the south to Russia in the north. It includes t .... History Founded in 1995 as a private media outlet in Azerbaijan, Trend News Agency is a news provider in the Caucasus, Caspian region and the Central Asia. Ilgar Huseynov is the director general of the agency. Trend News Agency has five news services - Azerbaijan, English, Russian, Turkish and Persian . The services provide news of countries and regions by placing more focus on ongoing events in languages appropriate to the specific audiences. Analytical reports and feature articles highlight major political, economic, energy developments and financial articles from the Sout ...
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Russia
Russia (, , ), or the Russian Federation, is a List of transcontinental countries, transcontinental country spanning Eastern Europe and North Asia, Northern Asia. It is the List of countries and dependencies by area, largest country in the world, with its internationally recognised territory covering , and encompassing one-eighth of Earth's inhabitable landmass. Russia extends across Time in Russia, eleven time zones and shares Borders of Russia, land boundaries with fourteen countries, more than List of countries and territories by land borders, any other country but China. It is the List of countries and dependencies by population, world's ninth-most populous country and List of European countries by population, Europe's most populous country, with a population of 146 million people. The country's capital and List of cities and towns in Russia by population, largest city is Moscow, the List of European cities by population within city limits, largest city entirely within E ...
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The Jamestown Foundation
The Jamestown Foundation is a Washington, D.C.-based conservative defense policy think tank. Founded in 1984 as a platform to support Soviet defectors, its stated mission today is to inform and educate policy makers about events and trends, which it regards as being of current strategic importance to the United States. Jamestown publications focus on China, Russia, Eurasia, and global terrorism. Founding and mission The Jamestown Foundation was founded in 1984 after Arkady Shevchenko, the highest-ranking Soviet official ever to defect when he left his position as Under-Secretary-General of the United Nations, defected in 1978. William Geimer, an American lawyer, had been working closely with Shevchenko, and established the foundation as a vehicle to promote the writings of the former Soviet diplomat and those of Ion Pacepa, a former top Romanian intelligence officer; with the help of the foundation, both defectors published bestselling books.Jamestown FoundationOrigins The CIA Dir ...
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