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    Reuters: Azerbaijan's SOCAR Seeks Company to Check Feasibility of Albania Gas Project

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Summary

SOCAR has said that it plans to, within the next three months, seek tenders for a feasibility study for the gasification of Albania

by: Erica Mills

Posted in:

Press Notes

Reuters: Azerbaijan's SOCAR Seeks Company to Check Feasibility of Albania Gas Project

Azerbaijan state energy company SOCAR plans to announce a tender to find a company to conduct a feasibility study on Albania's gas infrastructure plan as part of European efforts to reduce dependence on gas from Russia.

Albania and Azerbaijan signed a preliminary agreement in December to cooperate in development of an Albanian gas grid as the Balkan country leads construction of the European section of the project to bring Azeri gas to Europe from the Shah Deniz II field in the Caspian Sea.

The so-called southern corridor will bring gas to Turkey and Greece, as well to Italy via Albania and the Adriatic Sea.

"SOCAR will announce this tender in the next three months," Murad Heydarov, adviser to SOCAR's president, told Reuters.

Read the full article HERE.