Mehmet Ogutcu chairing TEAS’s panel “Changing directions in world energy: how will Azerbaijan position itself ?”

20:27 05 November in Interview and news, INTERVIEWS & NEWS | 5 November 2013 |  London | 

14.00–15.15 SESSION 4: Changing directions in world energy: how will Azerbaijan be positioning itself?

Moderator: Mehmet Öğütçü – Chairman, Global Resources Corporation

Now that the Shah Deniz Consortium has selected the Trans-Adriatic Pipeline (TAP) to bring Caspian gas from the European border of Turkey to Italy, attention is now turning towards the final investment decisions regarding resources from the Shah Deniz II field, which will be finalised by the end of this year. However, these developments are only one element in the projected Southern Energy Corridor that will eventually carry Central Asian, Caspian, Iranian, Iraqi and East Mediterranean gas flows via Turkey to high-value international markets. It is a bigger game, coupled with huge geopolitical and economic opportunities and risks, that Azerbaijan and investors should keep playing with the utmost prudence.

• Christopher Pincher MP – Member of the Energy and Climate Change select committee, Secretary of the Azerbaijan All-Party Parliamentary Group (APPG)
• Rufat Afandiyev – Director, UK Representative Office, State Oil Company of the Azerbaijani Republic (SOCAR)
• Al Cook – Vice President, Shah Deniz Development, BP
• Michael Hoffmann – External Affairs Director, Trans-Adriatic Pipeline (TAP)
• Michael Ritchie – Editor, Nefte Compass
• Gustaf Nobel – Chairman, Nobel Sustainability Trust

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