Page 12 - FSUOGM Week 06 2022

FSUOGM NEWS IN BRIEF FSUOGM

Tajikistan adds that occurred across the country in early reclassification of reserves in accordance
with international standards. Accordingly,
January.
Turkmenistan to list of we have decided to set up our own
exploration company and spin off geological
major liquefied natural gas Kazakhstan hopes foreign exploration as a separate business within
the Group."
suppliers" oil firms will supply

Tajik Minister of Energy and Water domestic market EU courts Azerbaijan to
Resources Daler Juma has said that
Tajikistan is set to add Turkmenistan to Kazakh energy minister Bolat Akchkulakov raise gas exports
its of major liquefied natural gas (LNG) said that Kazakhstan needs foreign firms
suppliers, AKIpress reported. operating its main oilfields to supply the European Commissioner for Energy Kadri
Tajikistan mainly imports LNG from domestic market in order to boost the Simson held talks with Azerbaijan Energy
Kazakhstan and Russia. Juma reportedly Central Asian nation’s refining industry Minister Parviz Shahbazov on February 4 as
said that the country already received and tackle the rising fuel prices that led part of the EU's drive to find alternative gas
5,000 tonnes of Turkmen LNG in 2021. to political unrest in January, Reuters supplies in the event that Russia continues
The two countries recently signed a deal on reported. to squeeze exports to Europe amidst the
“unlimited” supplies of Turkmen liquefied The fields, namely Tengiz, Kashagan crisis over Ukraine.
gas, the report added. and Karachaganak, currently export all of "We want to bring the supply of natural
Tajikistan imported 410,000 tonnes of their output. gas sold from Azerbaijan to Europe to 10
fuel in total last year, including 360,000 A source close to a consortia operating bcm. To do this, we must achieve a secure
tonnes from Kazakhstan. The rest was one of the fields told Reuters the energy supply," Simson said. She said that market
imported from Russia. ministry was seeking supplies in the next expectations are currently being examined:
two to three years, but did not see the “Based on the results of these studies, we
operators responding favorably. can realise the expansion of the Southern
Nazarbayev’s son-in-law profitable," he said, noting that the export Gas Corridor (SGC).”
"We look into it, but I doubt it can be
The TAP pipeline, part of the SGC,
expected to be replaced by prices were currently two or three times transported more than 8.1 bcm of gas from
Azerbaijan into Europe last year, of which
higher than domestic ones.
former German chancellor 6.8 bcm had been carried into Italy.
In a press release, Simson said that “the
Schroeder on Gazprom Kazakhstan's ERG current context” has brought into focus the
question “of whether through this corridor
board Exploration commences we can increase in the short term gas
supply, to compensate from the shortfall
Former German chancellor Gerhard drilling operations from other pipelines”.
Schroeder, considered a friend of Russian “We […] discussed how to bring the
President Vladimir Putin, is expected to ERG Exploration, established in January Southern Gas Corridor to the next stage.
replace former Kazakh president Nursultan 2021 as part of Eurasian Resources Group We discussed the prospects for an extension
Nazarbayev's son-in-law Timur Kulibayev (ERG), has commenced drilling operations of the infrastructure, in particular to the
on the board of directors at Russian energy at the Bilge exploration site in Kazakhstan’s Western Balkans”, the Commissioner said.
giant Gazprom, RFE/RL reported. Aktobe Region in order to replenish and "We currently have an existing pipeline,
Gazprom said at the end of last week expand the company’s mineral resource but it will be fully operational only in early
that its annual general shareholders base. summer," she added.
meeting in late June was set to choose the The firm is using its own resources The Commissioner praised Azerbaijan as
company board of directors, with a list of to test geophysical and geochemical a strong partner of the EU.
candidates already approved. Schroeder, the anomalies and geological formations in "Our relations with Azerbaijan are close.
chairman of the shareholders committee order to detect various mineral occurrences, Azerbaijan is a reliable partner of the EU
of Nord Stream AG, is on the list to including copper, chrome and manganese in terms of energy security. SGC will play
replace Kulibayev, who currently retains mineralisation, the company said in a a major role in the reliable gas supply of
his position as chairman at the state-run statement. Drilling will total 6,600 linear the Southeast European region. Currently,
KAZENERGY firm. metres at the prospecting stage. there is a rise in prices in the energy market.
Kulibayev has been a member of "Market analysis has revealed that From this point of view, I think that the
Gazprom's board since 2011. Last month, existing geological exploration enterprises SGC is important for the energy supply of
he left the post of chairman of Kazakhstan's are organisationally disconnected; they have this part of Europe," the Commissioner
National Chamber of Entrepreneurs, limited capabilities and a narrow focus," said.
Atameken. said Serik Shakhazhanov, chairman of the President Ilham Aliyev said last week
Kulibayev appears to be caught up management board of Eurasian Group, that Azerbaijan exported 19 bcm of gas
in a shake-up of political and corporate which manages ERG’s assets in Kazakhstan. in 2021. "This includes 8.5 bcm to Turkey
positions involving Nazarbayev family "To accomplish the tasks that ERG is and 7 bcm to Italy. It also exported gas to
members conducted by Kazakhstan’s currently faced with, we require a company Georgia, Greece, and Bulgaria. Azerbaijan's
current regime under Kassym-Zhomart with extensive capabilities that can proven gas reserves are 2.6 tcm and the
Tokayev. It started amid the civil unrest offer a full range of services, including largest field is Shah Deniz, with 1 tcm", he

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