Page 19 - FSUOGM Week 40

FSUOGM NEWS IN BRIEF FSUOGM

Turkmenistan on September 18 announced 5, which also rose by $1.64 compared to the cable means there is no need to install a
its intention to launch construction of the previous price. gas turbine on the platform – providing
Afghan segment of the TAPI gas pipeline, Azerbaijan has been producing Azeri LT environmental benefits. In addition, the
stretching from the Turkmen-Afghan border since 1997 and exporting it via the Baku- SSIV umbilical will connect from the
to the Herat offtake point in Afghanistan. The Tbilisi-Ceyhan (BTC) and Baku-Supsa topside to the subsea isolation valve that
announcement came after news in January Western Export Pipeline, as well as by rail exports oil from the well, providing the
that work on laying the Afghan stretch of the to the Georgian port of Batumi. operator with critical control of the valve.
1,814km-long TAPI faced a six-month delay Azerbaijan also sells its URALS oil from As part of the agreement, JDR will
due to a land acquisition postponement and the Russian Black Sea port of Novorossiysk, package and ship products via the Eurasia
other issues. Construction on the 816km-long delivering it through the Baku-Novorossiysk canal to the Caspian Sea using a bespoke
Afghan section of the pipeline officially began pipeline. eight meter cable installation reel. In
in February 2018, but substantially more than The price of URALS with shipment from addition, the company will design the
two years later no significant progress has been the port amounted to $39.65 per barrel on power cable and umbilical specifically to fit
made. The pipeline is expected to pass through Oct.5, having grown by $1.46 compared to the vessel, which has size limitations due to
Afghanistan’s Herat, Farah, Nimroz, Helmand the previous price. the narrowing of the canal.
and Kandahar provinces and be constructed The cost of a barrel of Brent Dated oil, It should be noted that the cables,
alongside the Herat-to-Kandahar Highway. produced in the North Sea, made up $39.98 junction boxes and SSIV umbilical will
Aside from the TAPI agreements, the two per barrel, up by $1.37 compared to the be manufactured at JDR’s state-of-the-
sides signed documents on construction of the previous price. art facility in Hartlepool. The cores for
Turkmenistan-Afghanistan-Pakistan (TAP) the power cable will be manufactured
electricity and fibre-optic communication line at TFKable’s Bydgoszcz plant in Poland.
along with the construction of railways. BP, JDR ink deal on novel Delivery of the products to the project is
The signing ceremony was attended by the scheduled for May 2021.
Afghan President Mohammad Ashraf Ghani, project in Azerbaijan BP first arrived in Azerbaijan in 1992
the ministry statement said. has been operating projects such as, Azeri-
BP has signed an agreement on manufacture Chirag-Gunashli (ACG), Shah Deniz, Baku-
and supply of fiber optic power cable and a Tbilisi-Ceyhan (BTC) and South Caucasus
Azeri oil prices rebound on SSIVumbilical, for a platform project in the Pipeline (SCP), which have contributed to
Caspian Sea in Azerbaijan.
the development of the Caspian Sea as a
October 5 Subsea cable supplier JDR, a 5.5 km long modern hydrocarbon province.
According to the contract signed with

The price of Azeri LT CIF Augusta, produced at 33kV fiber optic power cable and a steel
the Azeri-Chirag-Deepwater Gunashli (ACG) tube subsea isolation valve (SSIV) umbilical
field, increased by $1.63 October 5 compared will be manufactured and suppled for a
to the previous price, making up $40.47 per platform project at the Caspian Sea.
barrel, Trend reports with reference to the The 33 kV fiber optic power cable will
source from the country's oil and gas market. connect an existing platform to the new
The price of Azeri LT FOB Ceyhan platform to provide power share and
amounted to $38.32 per barrel on October communication services. The use of this

Week 40 07•October•2020 www. NEWSBASE .com P19