Singapore, April 06, 2021 -- Moody's Investors Service ("Moody's") has today changed the outlook on Azerbaijan's rating to positive from stable and affirmed the long-term issuer and senior unsecured debt ratings at Ba2.08 April 2021 Link to the news
Fitch Ratings - Frankfurt am Main - 04 Mar 2021: Fitch Ratings has affirmed Southern Gas Corridor CJSC's (SGC) senior unsecured long-term foreign-currency rating at 'BB+'.05 March 2021 Link to the news
The 7th Ministerial Meeting of the Southern Gas Corridor Advisory Council has been held in the format of a video conference. President of the Republic of Azerbaijan Ilham Aliyev made a speech at the video meeting.11 February 2021 Link to the news
Joint statement by the co-chairs Minister of Energy of the Republic of Azerbaijan, Parviz Shahbazov, and European Commissioner for Energy, Kadri Simson, as well as European Commissioner for Neighbourhood and Enlargement, Olivér Várhelyi11 February 2021 Link to the news
Today, the last segment of the Southern Gas Corridor - Trans-Adriatic Gas Pipeline (TAP), started transporting commercial gas from Azerbaijan.31 December 2020 Link to the news
The 878-km Gas Pipeline part of the Southern Gas Corridor Enters Operational Phase15 November 2020 Link to the news
Trans Anatolian Pipeline (TANAP) project, which is one of the most successful examples of international energy cooperation, has received the “Project of the Year” Award by the Project Management Institute (PMI).
Project Management Institute (PMI) is the world's leading association for project, programme and portfolio management.
The PMI Project of the Year Award recognizes large and complex projects that best deliver superior performance of project management practices, superior organisational results and positive impacts on society.
The award received by TANAP is one of the most prestigious in its field and is a direct result of project’s focus on quality, as well as social, economic and cultural values that have been put forward throughout the term of the project.
As previously disclosed, by the end of the year for the first time in history Azerbaijani natural gas will be delivered through the direct link to Europe via the South Caucasus Pipeline (SCP), TANAP and Trans Adriatic Pipeline (TAP). Thus, Azerbaijan will further increase its role in providing Europe's energy security. Therefore, the security of Azerbaijani export pipelines is an integral part of European Union’s strategic interests.
The Southern Gas Corridor together with other Azerbaijani export pipelines strengthens Azerbaijan's independence, enabling us to bring our energy resources from the Caspian Sea to the world markets and underlines Azerbaijan’s potential to become an energy transportation and sales hub between Europe and Asia in the future.21 October 2020 Read more
After almost 4,5 years since the start of construction, the Trans Adriatic Pipeline is substantially complete. The TAP pipeline has been filled with natural gas from the Greek-Turkish border up to the pipeline receiving terminal in Southern Italy.13 October 2020 Link to the news
The Trans-Adriatic Gas Pipeline (TAP), built to transport Azerbaijani gas to Europe, will be ready for launch in October-November this year.17 July 2020 Link to the news
At the end of June 2020, the Trans Adriatic Pipeline (TAP) project was 96.4 percent completed, the TAP AG consortium reports.16 July 2020 Link to the news