IIKSS Search

Legal Status of Caspian Sea Legal Issues

 Legal Status of Caspian Sea Introduction The Caspian Sea is the biggest enclosed body of water on Earth, having an even larger area than that of the American Great Lakes or that of Lake Victoria in East Africa. The length of the

read more

KazMunaiGas crashes prepayment party to improve debt profile Energy

Read the rest of this TXF article here: http://www.txfnews.com/News/Article/5472/KazMunaiGas-crashes-prepayment-party-to-improve-debt-profile. For more high quality trade, export & agency, and commodity finance journalism and events, visit www.txfnews.com Kazakhstan’s state-owned KazMunaiGas (KMG), an umbrella company of several subsidiaries, is closing a $3

read more

Turkmen oil refineries' complex to up LPG output Energy

By Aynur Karimova The Turkmen Ministry of Oil and Gas and Natural Resources has revealed the Turkmenbashi Complex of Oil Refineries' liquefied gas production plans for 2016. The ministry reported on March 18 that the complex will produce 340,000 tons of LPG

read more

WB to discuss Absheron lakes clean up Environment

Trend: The World Bank’s (WB) Board of Directors will discuss the “Absheron Lakes Cleanup and Rehabilitation” project on July 18, 2017, said the WB. The estimated cost of the project is $100 million, $85 million of which are

read more

Turkmenistan eyes developing fuel and energy complex Energy

Energy-rich Turkmenistan will continue to realize programs and projects envisaging further development, modernization and diversification of the national fuel and energy complex. Such an instruction was given by President Gurbanguly Berdymukhamedov at the recent meeting of the Cabinet of Ministers, the

read more

Caspian states decrease oil products’ export to Iran Energy

Trend: Iran’s oil products imports from Caspian littoral states decreased significantly in first quarter of 2016, the official statistics indicate. According to Iranian Ports and Maritime Organization, the unloading of oil products at Iran’s Caspian ports decreased significantly. Iran’s Neka, Anzali, Fereidoon Kenar

read more

Tethys Petroleum incurs huge losses in 2015 Energy

Trend: The losses of the Tethys Petroleum Limited in 2015 stood at $74.6 million as compared to $16.4 million in 2014, said the company in a message posted on its website March 31. Tethys Petroleum Limited is an oil and gas exploration

read more

ECO-Caspian energy transition through gas Energy

ECO-Caspian energy transition through gas The oil price slide since mid-2014 has severely constrained economic growth and investment in the Economic Cooperation Organization (ECO) & Caspian region. Despite this, regional governments nevertheless expect an improved market climate &

read more

Turkmenistan keen to become major exporter of chemicals Energy

Turkmenistan keen to become major exporter of chemicals Turkmenistan can become a powerful industrial power and a major exporter of chemical products, the Neutral Turkmenistan newspaper reported. The construction of a gas chemical complex on the Caspian Sea shore, exactly in

read more

Azerbaijan, appropriate tourism destination for Russians Tourism

Azerbaijan, appropriate tourism destination for Russians A tense situation between some countries hamper tourism sector in many tourist attractive counties. Director of Summer Tour travel company Aykhan Allazli claims that Azerbaijan can become a new destination for Russian tourists. He said that

read more

Armenians in Dhaka History

Armenians in Dhaka   Turkey seems to have a burlesque history of genocide denial. On June 2, the German Parliament voted to recognise the 1,915 killings

read more

Turkmen geologists to focus on oil fields search Energy

Turkmen geologists to focus on oil fields search   The search for oil fields is currently one of the priority directions of geological exploration work of "Turkmengeology" - the government's organization in the field of geological exploration, said the message of

read more

GEG signs LoI for Caspian seabed seismic system Ecosystem

OSLO, Norway – inApril has signed a letter of intent (LoI) that could lead to a first commercial agreement for its Venator node-based seabed seismic acquisition system worth potentially $25-30 million.  The LOI is to supply a Venator system to Kazakh

read more

Saipem and Topaz secure Caspian contracts Energy

Saipem and Topaz secure Caspian contracts   Vessel owners have secured a series of contracts and charters to support offshore projects in Azerbaijan and Kazakhstan. A Saipem-led consortium received another contract from BP for the Shah Deniz Stage 2 project. Saipem will

read more

T-90 + pic Political and military events

T-90   The T-90 is a third-generation Russian battle tank that entered service in 1993. The tank is a modern variation of the T-72B and incorporates many features found on the T-80U. Originally called the T-72BU, but later renamed

read more

Time travel in Mideast History

Time travel in Mideast   ‘Wars are won in peace’ In addition to grain, survival of the Romans also heavily depended upon the availability of spices. Fortunately or unfortunately, like the present day oil, the Middle East then had some ‘Arabian

read more

Iran after creating large-scale exporting firms Investment

Iran after creating large-scale exporting firms   Iran’s deputy industry minister has announced that the country is seeking to establish major exporting companies. Deputy Minister of Industry, Mine and Trade Valiollah Afkhami Rad said there exists no doubt that

read more

Caspian Overview: BP's Caspian Gas Energy

Caspian Overview: BP's Caspian Gas   Azerbaijan produced about 9.363bn m³ of commercial gas in the first half of this year, down 8.8% year-on-year, of which BP-operated fields counted 71.6%, a top energy official told NGE. BP is the operator of the Caspian Sea’s

read more

Iran, Russia map out rival to Suez Canal Investment

Iran, Russia map out rival to Suez Canal   The International North-South Transport Corridor (NSTC), a multi-model route to link India and the Middle East to the Caucasus, Central Asia and Europe, is being nurtured for significantly reducing costs and travel time

read more

Russian shipyard to cooperate with Azerbaijan Investment

Russian shipyard to cooperate with Azerbaijan   Russian shipyard Red Sormovo, which is a member of a group of companies "Sea and oil & gas projects" (MNP group), intends to expand partnership with Azerbaijan. Representatives of the MNP group management took part in

read more

Pakistan, largest buyer of Iranian LPG Energy

Pakistan, largest buyer of Iranian LPG   NIORDC managing director has cited Pakistan as the biggest regional customer of Iran’s Liquefied Petroleum Gas (LPG). Seyyed Naser Sajjadi said the need for swap of oil products with Caspian littoral

read more

Turkmenistan discussing Caspian Sea agreements Legal Issues

Turkmenistan discussing Caspian Sea agreements   Another meeting of the Turkmen Interdepartmental Commission on the Caspian Sea was held in Ashgabat, the Turkmen government said Sept. 6. According to the message, the draft agreements on trade and economic cooperation among the Caspian-littoral

read more

Chabahar: Gateway to North- South Corridor Investment

IIKSS- India has carved a new geopolitical beginning in the Persian Gulf region putting Chabahar in the grand canvas of India’s geo-economic calculus in the emerging Asian architecture. She has kept her American partnership vibrant while opening a

read more

Ashgabat, Kuala Lumpur to expand business ties Investment

IIKSS- Turkmenistan and Malaysia aim at enhancing of the mutually beneficial cooperation in trade, energy sector, as well as petrochemical, gas chemical, textile, food sectors, the Turkmen state news agency (TDH) reported. Meanwhile, the Turkmen President Gurbanguly Berdimuhamedov

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Iran-Azerbaijan railway construction launched Investment

IIKSS- Iran has started laying rail tracks on the rail section Astara (Azerbaijan) - Astara (Iran), which is constructed in the framework of the North-South international transport corridor. Governor of Iran’s Astara Port Yunes Ranjkesh said that operations

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Oil, gas production up in Kazakhstan Energy

Kazakhstan increased oil, gas and gas condensate production by 6.4 percent in January-May 2018 compared to the same period of the previous year. This was stated by Kazakh Deputy Energy Minister Makhambet Dosmukhambetov at a government meeting on June

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IIKSS Search

Oil, gas production up in Kazakhstan Energy

Kazakhstan increased oil, gas and gas condensate production by 6.4 percent in January-May 2018 compared to the same period of the previous year. This was stated by Kazakh Deputy Energy Minister Makhambet Dosmukhambetov at a government meeting on June

read more

Iran-Azerbaijan railway construction launched Investment

IIKSS- Iran has started laying rail tracks on the rail section Astara (Azerbaijan) - Astara (Iran), which is constructed in the framework of the North-South international transport corridor. Governor of Iran’s Astara Port Yunes Ranjkesh said that operations

read more

Ashgabat, Kuala Lumpur to expand business ties Investment

IIKSS- Turkmenistan and Malaysia aim at enhancing of the mutually beneficial cooperation in trade, energy sector, as well as petrochemical, gas chemical, textile, food sectors, the Turkmen state news agency (TDH) reported. Meanwhile, the Turkmen President Gurbanguly Berdimuhamedov

read more

Chabahar: Gateway to North- South Corridor Investment

IIKSS- India has carved a new geopolitical beginning in the Persian Gulf region putting Chabahar in the grand canvas of India’s geo-economic calculus in the emerging Asian architecture. She has kept her American partnership vibrant while opening a

read more

Turkmenistan discussing Caspian Sea agreements Legal Issues

Turkmenistan discussing Caspian Sea agreements   Another meeting of the Turkmen Interdepartmental Commission on the Caspian Sea was held in Ashgabat, the Turkmen government said Sept. 6. According to the message, the draft agreements on trade and economic cooperation among the Caspian-littoral

read more

Pakistan, largest buyer of Iranian LPG Energy

Pakistan, largest buyer of Iranian LPG   NIORDC managing director has cited Pakistan as the biggest regional customer of Iran’s Liquefied Petroleum Gas (LPG). Seyyed Naser Sajjadi said the need for swap of oil products with Caspian littoral

read more

Russian shipyard to cooperate with Azerbaijan Investment

Russian shipyard to cooperate with Azerbaijan   Russian shipyard Red Sormovo, which is a member of a group of companies "Sea and oil & gas projects" (MNP group), intends to expand partnership with Azerbaijan. Representatives of the MNP group management took part in

read more

Iran, Russia map out rival to Suez Canal Investment

Iran, Russia map out rival to Suez Canal   The International North-South Transport Corridor (NSTC), a multi-model route to link India and the Middle East to the Caucasus, Central Asia and Europe, is being nurtured for significantly reducing costs and travel time

read more

Caspian Overview: BP's Caspian Gas Energy

Caspian Overview: BP's Caspian Gas   Azerbaijan produced about 9.363bn m³ of commercial gas in the first half of this year, down 8.8% year-on-year, of which BP-operated fields counted 71.6%, a top energy official told NGE. BP is the operator of the Caspian Sea’s

read more

Iran after creating large-scale exporting firms Investment

Iran after creating large-scale exporting firms   Iran’s deputy industry minister has announced that the country is seeking to establish major exporting companies. Deputy Minister of Industry, Mine and Trade Valiollah Afkhami Rad said there exists no doubt that

read more

Time travel in Mideast History

Time travel in Mideast   ‘Wars are won in peace’ In addition to grain, survival of the Romans also heavily depended upon the availability of spices. Fortunately or unfortunately, like the present day oil, the Middle East then had some ‘Arabian

read more

T-90 + pic Political and military events

T-90   The T-90 is a third-generation Russian battle tank that entered service in 1993. The tank is a modern variation of the T-72B and incorporates many features found on the T-80U. Originally called the T-72BU, but later renamed

read more

Saipem and Topaz secure Caspian contracts Energy

Saipem and Topaz secure Caspian contracts   Vessel owners have secured a series of contracts and charters to support offshore projects in Azerbaijan and Kazakhstan. A Saipem-led consortium received another contract from BP for the Shah Deniz Stage 2 project. Saipem will

read more

GEG signs LoI for Caspian seabed seismic system Ecosystem

OSLO, Norway – inApril has signed a letter of intent (LoI) that could lead to a first commercial agreement for its Venator node-based seabed seismic acquisition system worth potentially $25-30 million.  The LOI is to supply a Venator system to Kazakh

read more

Turkmen geologists to focus on oil fields search Energy

Turkmen geologists to focus on oil fields search   The search for oil fields is currently one of the priority directions of geological exploration work of "Turkmengeology" - the government's organization in the field of geological exploration, said the message of

read more

Armenians in Dhaka History

Armenians in Dhaka   Turkey seems to have a burlesque history of genocide denial. On June 2, the German Parliament voted to recognise the 1,915 killings

read more

Azerbaijan, appropriate tourism destination for Russians Tourism

Azerbaijan, appropriate tourism destination for Russians A tense situation between some countries hamper tourism sector in many tourist attractive counties. Director of Summer Tour travel company Aykhan Allazli claims that Azerbaijan can become a new destination for Russian tourists. He said that

read more

Turkmenistan keen to become major exporter of chemicals Energy

Turkmenistan keen to become major exporter of chemicals Turkmenistan can become a powerful industrial power and a major exporter of chemical products, the Neutral Turkmenistan newspaper reported. The construction of a gas chemical complex on the Caspian Sea shore, exactly in

read more

ECO-Caspian energy transition through gas Energy

ECO-Caspian energy transition through gas The oil price slide since mid-2014 has severely constrained economic growth and investment in the Economic Cooperation Organization (ECO) & Caspian region. Despite this, regional governments nevertheless expect an improved market climate &

read more

Tethys Petroleum incurs huge losses in 2015 Energy

Trend: The losses of the Tethys Petroleum Limited in 2015 stood at $74.6 million as compared to $16.4 million in 2014, said the company in a message posted on its website March 31. Tethys Petroleum Limited is an oil and gas exploration

read more

Caspian states decrease oil products’ export to Iran Energy

Trend: Iran’s oil products imports from Caspian littoral states decreased significantly in first quarter of 2016, the official statistics indicate. According to Iranian Ports and Maritime Organization, the unloading of oil products at Iran’s Caspian ports decreased significantly. Iran’s Neka, Anzali, Fereidoon Kenar

read more

Turkmenistan eyes developing fuel and energy complex Energy

Energy-rich Turkmenistan will continue to realize programs and projects envisaging further development, modernization and diversification of the national fuel and energy complex. Such an instruction was given by President Gurbanguly Berdymukhamedov at the recent meeting of the Cabinet of Ministers, the

read more

WB to discuss Absheron lakes clean up Environment

Trend: The World Bank’s (WB) Board of Directors will discuss the “Absheron Lakes Cleanup and Rehabilitation” project on July 18, 2017, said the WB. The estimated cost of the project is $100 million, $85 million of which are

read more

Turkmen oil refineries' complex to up LPG output Energy

By Aynur Karimova The Turkmen Ministry of Oil and Gas and Natural Resources has revealed the Turkmenbashi Complex of Oil Refineries' liquefied gas production plans for 2016. The ministry reported on March 18 that the complex will produce 340,000 tons of LPG

read more

KazMunaiGas crashes prepayment party to improve debt profile Energy

Read the rest of this TXF article here: http://www.txfnews.com/News/Article/5472/KazMunaiGas-crashes-prepayment-party-to-improve-debt-profile. For more high quality trade, export & agency, and commodity finance journalism and events, visit www.txfnews.com Kazakhstan’s state-owned KazMunaiGas (KMG), an umbrella company of several subsidiaries, is closing a $3

read more

Legal Status of Caspian Sea Legal Issues

 Legal Status of Caspian Sea Introduction The Caspian Sea is the biggest enclosed body of water on Earth, having an even larger area than that of the American Great Lakes or that of Lake Victoria in East Africa. The length of the

read more