Insight

Why do European players want Shah Deniz Phase II gas into Italy?

Loading current market price

Get this report

Loading current market price

Get this report as part of a subscription

Enquire about Subscriptions

Already have subscription? Sign In

Further information

Pay by Invoice or Credit Card FAQs

Contact us

For further information about this report submit the form below.

Report summary

On the 19th of September 2013 the Shah Deniz Phase II consortium signed 9 separate 25 year gas sales contracts for the 10 bcm of its production to be routed through Turkey into European countries starting from 2019. The "Resolution to Construct" for TAP the pipeline selected by the consortium to reach Southern Italy is anticipated in October/November. The "Final Investment Decision" on the Shah Deniz Phase II upstream development is expected to follow a month later. The decision to build...

What's included

This report contains

  • Document

    Why do European players want Shah Deniz Phase II gas into Italy?

    PDF 470.11 KB

Table of contents

Tables and charts

This report includes 5 images and tables including:

Images

  • Italian* and European prices: spot vs oil indexed
  • Continental European hub total traded volumes
  • Production, contracted* supply and demand
  • Shah Deniz phase II contracts into Italy* - buyers
  • Sales/usage and procurement in 2012

Questions about this report?

  • Europe:
    +44 131 243 4699
  • Americas:
    +1 713 470 1900
  • Asia Pacific:
    +61 2 8224 8898