FSUOGM Week 44 2019
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Issue 1051 06•November•2019 Week 44
Southern Corridor delays
Europe is not expected to receive Azeri gas until October 2020 because of delays at the final stretch of the Southern Gas Corridor.
EU cuts gas support
The EU has cut the number of gas-related investments on its projects of common interest list, as the bloc looks towards a fossil fuel-free future.
MOL enters Azerbaijan
Hungary’s MOL has bought a stake from Chevron in Azerbaijan’s largest oil project, the Azeri-Chirag-Gunashli block.
Tengiz costs inflate
The cost of the Tengiz expansion project in Kazakhstan has risen by 25% and its completion is now expected a year late.
