Shakh Deniz phase 2 might not see gas until 2016

摘要

The Second Phase of Azerbaijan's long awaited Shakh Deniz project may not deliver gas until 2016, according to one of the field's developers."We have the gas reserves and technically we may commit to start of deliveries around 2016 - plus or minus a year," Statoil Azerbaijan President Kristian Hausken told the Sofia Energy Business Forum in April. Hausken said delays to SD-2 stemmed from the failure of both producers and consumers to reach a deal on transit terms with Turkey.rnAzerbaijani officials attending a parallel summit in Sofia called to consider regional gas pipeline projects said there were two problems involving Turkey: one concerned the terms of transit and the other that Turkey was seeking to secure as much as 8 Bern a year of Shakh Deniz output for itself and the Italy-Turkey-Greece Interconnector (ITGI), leaving too little to kick-start the proposed Nabucco pipeline to Europe. However, with external pressure rising, Azeri and Turkish officials are thought to have moved closer to a deal.