International Economics & Business

Topic:- Shah Deniz Oil Field

Submitted By: Submitted To:

Krishan Jindal Mr.Himanshu Sood
2213767
 TABLE OF CONTENTS
• Geographic Location
• Use Of Natural Resources
• Economic Interest Of Government
• Political And Social Conflict
• Resource Sharing
• Environmental Concern
• Geographical Barriers
 INTRODUCTION
• Giant gas and condensate field
• Vast Reserves of natural gas
• Area of approx 860 sq kilometre
• Discovered in 1999
• Boosted Azerbaijan economy
Geographical Location
 Use Of Natural Resources
• Vast natural gas reserves
• Energy supply to European markets
• Pipelines Like TANAP & TAP
• Also produces condensate
Economic Interest Of Government
• Azerbaijan has taken a keen interest
• Contributed to Azerbaijan GDP
• Foreign direct investment
• Job creation and skill transfer
• Strengthening of trade ties
 Political And Social Conflicts
• Transit negotiations
• Domestic expectations
• Environmental concerns
• Competitive dynamics
 Resource Sharing
• Southern gas corridor (EUROPE)
• SCP –South Caucasus Pipeline (GEORGIAN-
TURKISH BORDER)
• TANAP( AZERBAIJAN, GORGIA ,TURKEY)
• TAP(GREECE ,ALBANIA ,ITALY)
 Environmental Concerns
• MARINE ECOSYSTEM IMPACT
• GREENHOUSE gas EMISSIONS
• Pipeline construction
• Potential spills & accidents
• Resource consumption
 Geographical Barriers
• Caspian sea
• Rugged terrains for pipeline
• River crossings
• Climatic conditions
 NEWS
• EU Secures Additional Gas Supplies From
Azerbaijan
• Shah Deniz Spuds New Exploration Well