The state-of-the-art Khankendi subsea construction vessel has been launched in Baku. President of the Republic of Azerbaijan Ilham Aliyev attended the ceremony.

The European Bank for Reconstruction and Development (EBRD) has concluded the final review of the project for allocating $500 million loan for construction of the Trans Anatolian Pipeline (TANAP), the Bank reported.

More than 500 kilometers out of 765 kilometers of the Trans Adriatic Pipeline’s (TAP) route has been cleared in Greece and Albania, which is 2/3 of the pipeline’s length in those two countries, TAP AG consortium said.

"The Southern Gas Corridor is being successfully implemented today. This project consists of four parts. The first part is Shah Deniz gas field,

‘The Southern Gas Corridor project will contribute to ensuring energy security of Europe’, the Deputy Energy Minister of Romania Julian-Robert Tudorache stated at opening of the 24th International "Caspian Oil and Gas 2017".

‘The Southern Gas Corridor project is the biggest project of BP’, Joseph Murphy, BP vice president for the Southern Gas Corridor said at the Energy Charter Forum,

Director General of the Southern Gas Corridor CJSC Afgan Isayev said Azerbaijan has invested $799.3 million in the Southern Gas Corridor project this year.

Asian Infrastructure Investment Bank (AIIB) has approved allocation of a loan worth $600 million for the Trans-Anatolian Natural Gas Pipeline (TANAP) project.

The World Bank’s Board of Executive Directors approved a $400 million loan for Turkey and a $400 million loan for Azerbaijan for the implementation of the Trans-Anatolian Natural Gas Pipeline (TANAP) Project.

The Shah Deniz consortium today announced the award of a $1.5 billion contract for the transport and installation of the deeper water subsea production systems for Shah Deniz Stage 2