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Fresh oil explorations in Caspian Sea Energy

TEHRAN, Jun. 24 (MNA) – A trilateral agreement has returned exploration teams of the Oil Ministry to Caspian Sea blocks. The first oil field in Caspian Sea deep waters was discovered four years ago;

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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

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Caspian Sea Region: Legal Issues Legal Issues

CASPIAN SEA ISSUES Questions surrounding the legal status of the Caspian Sea have hindered--but not stopped--further development of the Sea's mineral resources. Since the fall of the Soviet Union in 1991 led to the independence of three new countries

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Iran prepared for oil swap in Caspian Sea Energy

TEHRAN, Feb. 10 (MNA) – An official of Iranian Oil Terminals Company (IOTC) has said operation of new oil storage facilities will improve Iran’s oil swap capacity. Hamid Reza Shahdoust who was talking to reporters on Wednesday

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Turkmenistan connects oil output growth with Caspian Sea Energy

Ashgabat, Turkmenistan, Feb. 19 By Huseyn Hasanov– Trend: Turkmenneft State Concern starts implementation of plans on the development of the Turkmen sector of the Caspian Sea, Turkmen Oil and Gas Ministry said. Turkmenistan’s sea resources are estimated at 12 billion tons of oil

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Huge jump in Russian black caviar exports Fishing

The export of Russian black caviar has tripled in the first eleven months of last year compared with the same period of 2014, the Russian Ministry of Agriculture reported on Friday. Read more about 50 tons of black caviar, and exported 4.71

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Iran capable of turning into tourism hub Tourism

By Farhad Daneshvar – Trend: Iran is capable of turning into a regional tourism hub in the near future, a Spanish envoy to Tehran believes. “Iran will turn into a regional tourism and economic destination,” IRNA news agency

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Walking the line Energy

Plans for a new Euro-Caspian pipeline will solidify the west's dependence on fossil fuels and authoritarian regimes. This new documentary shows why we should stop and think. “Of course we need a different energy model,” Alberto Santoro states emphatically. “It is

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Once more on the Trans-Caspian Gas Pipeline Energy

Diplomatic attention has intensified on the project of the Trans-Caspian Gas Pipeline (TCGP) while both obstacles to and incentives for its realization increase. Turkmenistan's commitment to the project may be inferred from the finally completed construction of its East-West Pipeline

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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

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THE HISTORY OF THE CASPIAN SEA History

The Caspian Sea is situated on the border of Europe and Asia. It is bordered with the Russian Federation, Kazakhstan, Turkmenistan, Azerbaijan and Iran. The Caspian is the largest inland body of water in the world. Since the ancient

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Caspian gull sighted at Kundapur Ecosystem

A bird watcher has sighted a Caspian gull at Kundapur in Udupi district. M. Ranganath Bhat from Mangaluru, a member of Coastal Karnatka Bird Watchers Network, spotted this the bird in the backwaters of Kundapur on February 21. It

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Iran’s Rights in the Caspian Legal Issues

Hoshang Tale, Ph D (Economics), Consultant Economist & Researcher Before Peter the Great (1682- 1752) played his political games in the Caspian region, this Sea was under the sole control of Iran and was known as the Sea of Mazandaran after

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Iran invited to Doha oil freeze talks Energy

Iran invited to Doha oil freeze talks Qatar’s media said on Wednesday that the country has invited Iran to join talks over implementing a proposed oil production freeze to help stabilize prices. Qatar’s Ministry of Energy and Industry has

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Iran announces major jump in oil exports Energy

Iran announces major jump in oil exports Iran says its oil exports have already reached around 2.2 million barrels per day (bpd) in what could highlight a major progress in the country’s post-sanctions oil industry performance. Iran’s First Vice

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Iran using Asian help to revamp refineries Energy

Iran using Asian help to revamp refineries Iran said on Friday that it is working with Asian investors and builders to revamp several of its key refineries. Abbas Kazemi, the managing director of the National Iranian Oil Refining and

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Topaz reports 63% decline in 2015 profit Energy

Profit at Topaz Energy and Marine dropped by 63 per cent last year, as it suffered from the oil price-driven industry slump. The Dubai-headquartered shipping company, which is a wholly owned subsidiary of Muscat-listed Renaissance Services, yesterday reported a drop of

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New fishing regulations for 2016 Fishing

FRANKFORT — It is no longer getting dark at dinner time. We are beginning to have days cresting the 50 degree mark. It is enough to make you want to go fishing. Before you cast a line, however, you need to

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Zoology Institute announces about new discoveries Ecosystem

Director of the Zoology Institute of the Azerbaijan National Academy of Sciences (ANAS) Ilham Alekperov spoke about new discoveries and breakthroughs in this field while talking to Day.Az. “Activity of the Zoology Institute covers all issues related to the fauna of

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Topaz Energy and Marine Net $ 20.8m Profit Investment

Topaz Energy and Marine, a leading offshore support vessel company, today announces its results for the year ended 31 December 2015. Business Highlights   * Net Profit for the period was US$ 20.8m before exceptional items, impairment charge

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Kashagan to expand and extend first production stage Investment

ASTANA – The Kashagan development project operator – North Caspian Operating Company (NCOC) – is planning to substantially expand and extend the first production stage – the Experimental Programme (EP). The operator company has developed an AEP project – Additional

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Lukoil expands operations in Caspian Sea Energy

Lukoil plans to increase oil production in the Caspian Sea by 7 million tons a year after commissioning the Vladimir Filansky field. Lukoil has already approved all its plans for the Caspian Sea. With the introduction of the full capacity in

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Baku to host Int'l Food Industry Expo Investment

WorldFood Azerbaijan 2016, one of the most important and significant events in the region’s food industry, will take place from May 19-21 at Baku Expo Center. Over the years, the exhibition has established itself as a leading event in

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Oil in the Caspian Region Energy

The Caspian Sea region has become a central focal point for untapped oil and natural gas resources from the southern portion of the former Soviet Union. Beginning in May 2005, oil from the southern sections of the Caspian Sea began

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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

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China Gets Winning Formula For Silk Road Railway Investment

Summary China agreed to help Iran building a railway which will form part of China's High Speed Silk Road Railway. China has a winning SRR formula: dual-Usage bullet train technology and irresistible co-operation terms. When SRR completed, freight train from China can reach

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Another reason for an oil roll over Energy

Since writing last week about an impending drawdown in floating storage which would pressure Brent prices lower, front month Brent has fallen by -6.3% (USD -2.6/bbl). However this has had nothing to do with floating storage as the Bloomberg estimate

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full text of The Anglo-Russian Entente - 1907 History

Agreement Concerning Persia The Governments of Great Britain and Russia having mutually engaged to respect the integrity and independence of Persia, and sincerely desiring the preservation of order throughout that country and its peaceful develop ment, as well as the

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full text of Treaty of Gulistan (1813) History

full text of Treaty of Gulistan (1813) In the name of Almighty God With the intention to cease horror of the war and re-establish steady peace and well-wishing friendship neighborhood shared by Russia Empire and the State of Iran since the

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Lahijan Tourism

Lahijan Lahijan is a Caspian sea resort in and the capital of Lahijan County, Gilan Province, Iran. At the 2006 census, its population was 71,871, in 21,518 families. The resort Lahijan has both traditional and modern architecture. The

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Masuleh Tourism

Masuleh Masuleh is a city in and the capital of Sardar-e Jangal District, in Fuman County, Gilan Province, Iran. At the 2006 census, its population was 554 individuals from 180 families. Historical names for the city include Māsalar

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SOCAR attracts additional funds from IBA Energy

SOCAR, the state energy company of Azerbaijan attracts 200 million manats ($131.7 million) from the International Bank of Azerbaijan (IBA) for 2016. The funds that SOCAR will get is the next tranche of loans allocated for the drilling works in the

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Fishing for vital company knowledge Fishing

Fishing for vital company knowledge   Large building projects are delayed by all sorts of issues — money, employees who lack the right skills, public sentiment. But sometimes it is fish spawn, or great-crested newts. The deliverer of such bad news might

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Ukraine formally joins Trans-Caspian Int’l Transport Route Investment

Ukraine formally joins Trans-Caspian Int’l Transport Route Ukrainian Railways Company Ukrzaliznytsia is drafting a proposal for joining the project of transporting containers via Trans-Caspian International Transport Route connecting Europe with China via Azerbaijan and Kazakhstan. The company has been holding respective

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Turkmenistan advancing on South Asian gas market Energy

Turkmenistan advancing on South Asian gas market Trend: Despite skepticism of some experts regarding the progress of construction of the Turkmenistan-Afghanistan-Pakistan-India (TAPI) gas pipeline project, which dates back to 2010, the deal started rolling. The State Concern 'Turkmengaz',

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Iran, Kazakhstan ink power deal Energy

Iran, Kazakhstan ink power deal Iran and Kazakhstan have signed three powerhouse building contracts worth 600 million dollars. On the verge of Kazakh president’s visit to Tehran, the two countries sealed an agreement with Eurasia Invest Group

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Tehran and its 2,000 tourist spots Tourism

Tehran and its 2,000 tourist spots Deputy of Tehran Municipality says the Iranian capital has over 2,000 tourist attractions that will take 35 days time to visit all of them. Tehran was first chosen as the capital

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Int'l Caspian Oil&Gas; Expo scheduled for June Energy

Int'l Caspian Oil&Gas Expo scheduled for June Caspian Oil&Gas 2016, the 23rd international exhibition and conference, the largest energy sector event in the Caspian region, will take place from 1-4 June 2016 at Baku Expo Center. As a recognised international platform

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Damen delivers modular solution to Van Oord Investment

Damen delivers modular solution to Van Oord Dredging company to charter vessel from launching customer Damen Marine Services for Caspian Sea operations To support its ongoing dredging activities, Van Oord has commenced an 18-month charter agreement with Damen Marine Services for

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WorleyParsons ink five-year contract with BP Azerbaijan Energy

WorleyParsons ink five-year contract with BP Azerbaijan azernews WorleyParsons has been awarded a five-year contract for Engineering, Procurement and Construction Management (EPCm) services for BP-operated assets in Azerbaijan, Georgia and Turkey, Azertac state news agency reported. Under the agreement, WorleyParsons will provide

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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 &

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Why do we need to save the tiger? Ecosystem

Why do we need to save the tiger? The natural population of these beautiful felines that we are used to seeing under captivity is disintegrating slowly. Tigers are among the most endangered animals on earth. The natural population of

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Caspian tiger Ecosystem

  The Caspian tiger (Panthera tigris virgata), also known as the Hyrcanian tiger, the Mazandaran tiger, the Persian tiger and the Turan tiger, is an extinct tiger subspecies that had been recorded in the wild until the early 1970s, and formerly

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Master of its domains Investment

Master of its domains Much is made about the importance of oil to the Russian economy, but Russia is a global energy powerhouse that’s much more than a petro-state By Scott L Montgomery Russia is not what you think. Most

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Turkmenistan, Italy studying joint projects Energy

Turkmenistan, Italy studying joint projects Trend: Turkmenistan and Italy have great opportunities to diversify the cooperation and implement joint projects in various spheres, says the Turkmen President Gurbanguly Berdimuhamedov. He made the remarks during a meeting of the Cabinet of Ministers, read

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U.S. calls for strong economic ties with Azerbaijan Investment

U.S. calls for strong economic ties with Azerbaijan The U.S. State Department has voiced the necessity to strengthen the economic ties between Baku and Washington. "We discussed the issues related to trade, finances, agriculture, combating corruption," Kurt Tong, the Principal Deputy

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Long-awaited subway stations open Investment

Long-awaited subway stations open Baku citizens and the guests of the Pearl of the Caspian Sea will have an access to two more subway stations in the capital, which is expected to ease the daily travelling plans. Those, who wish to

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First TAP pipes arrive in Albania Energy

First TAP pipes arrive in Albania The Trans Adriatic Pipeline AG (TAP) announced the arrival of the first steel line pipes and machinery for the construction of the Albanian section of the pipeline. The occasion was marked by a ceremony in

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Karabakh conflict discussed in Tokyo Political and military events

Karabakh conflict discussed in Tokyo The Armenia-Azerbaijan Nagorno-Karabakh conflict, as well as further developments of cooperation between Azerbaijan and Japan was high on the agenda of the annual meeting of the Inter-parliamentary Friendship League. Addressing the event, Gursel Ismayilzade, Azerbaijan’s Ambassador

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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

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Baku Higher Oil School to organize int’l conference Energy

Baku Higher Oil School to organize int’l conference On 25-28 April, 2016, BHOS and UK-based Confidence Capital company with the support of SOCAR will jointly organize international practical conference on 'Caspian Basin and Central Asia: Trade, Logistics, Oil Processing and

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Iran-Azerbaijan trade turnover up Investment

Iran-Azerbaijan trade turnover up by 53% Trade turnover between Iran and Azerbaijan has increased by 53 percent in the first three months of the current year, said Iran's ICT Minister Mahmoud Vaezi speaking to reporters in Baku April 21. Vaezi, who

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Craze for LNG Energy

Craze for LNG Pricing policy of only one man, John D. Rockefeller, led to a decrease in the cost of kerosene in the US oil products' market of the late 19th century from 26 cents to eight cents per gallon

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FSU crude exports hit record high Investment

FSU crude exports hit record high Crude exports from former Soviet Union (FSU) countries rose by 1pc in March to a record high of 7mn b/d. Rising Russian crude exports outside the Transneft pipeline system helped offset a dip Azeri BTC

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Azerbaijan's nimble gas plans Energy

Azerbaijan's nimble gas plans Azerbaijan, a key energy player in Eurasia, today is completely successful country both in terms of production and in terms of transportation of energy resources, and the country is committed to make great strides to boost

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Azerbaijan may discover additional gas condensate reserves Energy

Azerbaijan may discover additional gas condensate reserves   Azerbaijan has all opportunities for discovering additional gas condensate reserves at its fields in the Caspian Sea, said Natig Aliyev, Azerbaijani energy minister. The minister made the remarks Apr. 25 at the SOCAR International

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To Walk This Wilderness, Carry a Shovel Tourism

To Walk This Wilderness, Carry a Shovel Caching water on the steppes of Kazakhstan is like an act of worship or a duty of penance. Paul Salopek is walking the global trail of the first humans who migrated out of

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Iran Oil Show 2016 kicks off Energy

Iran Oil Show 2016 kicks off The 21st International Oil, Gas and Petrochemical Exhibition started work here Thursday for four days. Near 2,000 companies from Iran and 38 world countries have attended Iran Oil Show this year.

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Keeping microbes, zebra mussels away Ecosystem

Keeping microbes, zebra mussels away By Kris B. Mamula / Pittsburgh Post-Gazette Only in dreams do zebra mussels have anything to do with implants for the brain — unless you’re Noah Snyder. He’s now marketing a chemical compound that can both

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Tatarstan interested in trade with Iran Investment

Tatarstan interested in trade with Iran A Chamber of Commerce official of Tatarstan, a republic of Russian Federation has voiced the republic’s interest in trade with Iran. This official is the first deputy-head of the Chamber of

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The Ultimate Caviar Tasting Experience Fishing

The Ultimate Caviar Tasting Experience In 1991, co-founders Hossein Aimani & Amy Arrow-Aimani set out to bring the best caviar from around the world to the United States. Over the course of the last 25 years, Paramount Caviar has been guided

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Southern Gas Corridor to attract about 7B dollar Energy

Southern Gas Corridor to attract about $7B The Southern Gas Corridor project, designed to supply Caspian gas to Europe, intends to attract investments worth $7 billion. The remark was made by Rovnag Abdullayev, President of Azerbaijan's state-owned energy company SOCAR on

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Iran to export agricultural products to Russia Investment

Iran to export agricultural products to Russia Deputy agriculture minister said Iran’s agricultural and fishery products will be deployed to Russia via Tehran-Astrakhan direct flights. Iranian Deputy Minister of Agriculture Hassan Salehi announced the launch of direct

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Intl. rail expo, conference kick off Investment

Intl. rail expo, conference kick off   The 4th International Exhibition of Rail Transportation, Related Industries and Equipment of Iran, dubbed RAILEXPO 2016, and the first international conference titled “Rail-Ports and Rail-Oil” opened in Tehran on Sunday. Representatives

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Next Big Travel Destination: Iran? Tourism

Next Big Travel Destination: Iran? Global hotel companies are establishing new beachheads in Iran, betting that lifted sanctions against the Middle East nation will spark a jump in tourism and business travel after decades of economic isolation. Spanish operator Melia

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Baku to the future Political and military events

Baku to the future   NEXT month around two dozen Formula One racecars will speed through the gleaming centre of Baku, the capital of Azerbaijan. They will zoom along the shore of the oil-rich Caspian Sea, past five-star hotels and

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Incat Crowther Designs Fast Crewboat for CMS Investment

Incat Crowther Designs Fast Crewboat for CMS Construction is underway for the second 70m Catamaran crew boat sister ship to the Muslim Magomayev, designed by Incat Crowther. Muslim Magomayev is a first-of-type vessel which Incat Crowther developed in close conjunction

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Baku to Allow Turkmen Gas into Tanap Energy

Baku to Allow Turkmen Gas into Tanap   Azerbaijan’s energy minister Natig Aliev says Baku and Ashgabat are negotiating a deal to enable Turkmenistan to supply gas to the European Union through the Southern Gas Corridor (SGC). “There are two pragmatic ways; first

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Azerbaijan and China: Greater integration Investment

Azerbaijan and China: Greater integration Rapidly expanding trade and nascent investment promise stronger links between China, the world’s second largest economy, and Azerbaijan, an energy rich country on the Caspian basin. Economic ties between Azerbaijan and China play a large role

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The fascinating land of Dagestan History

The fascinating land of Dagestan   The Republic of Dagestan set on the Caspian Sea between the staggering Greater Caucasus mountains is a wonderland of ethnic and cultural diversity. Dagestan surrounded by the Caucasus mountains on one

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Traces of extinction Ecosystem

Traces of extinction Tigers used to occur across Asia as far west as Turkey. Isolated populations of tigers developed into eight different subspecies. Three generations ago, the tiger ranged from the Caucasus and Turkey through the southern Caspian region

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SOCAR reveals oil output from ACG Energy

SOCAR reveals oil output from ACG Nearly 400 million tons of Azeri Light oil and more than 120 billion cubic meters of associated gas has been produced in Azeri-Chirag-Guneshli (ACG) block of fields in Azerbaijan during less than 20 years. The

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Caspian Overview: China Eyes Growth in Azerbaijan Energy

Caspian Overview: China Eyes Growth in Azerbaijan   China has held negotiations with Azerbaijan’s state oil company (Socar) over a $17bn downstream project twice in the last two months, this time leading to a memorandum of understanding. China National Petroleum Corp (CNPC) has

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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

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Azerbaijan realizes profitable railway projects Investment

Azerbaijan realizes profitable railway projects   Azerbaijan and Iran are considering three options for financing construction of the Rasht-Astara (Iran) railway section, Head of Azerbaijan Railways CJSC Javid Gurbanov said while talking to ANS TV channel. Being a part of the North-South

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Total Seeks Better Terms for Baku’s No 2 Field Energy

Total Seeks Better Terms for Baku’s No 2 Field   Azerbaijan has extended the deadline for French major Total to submit the development plan for the first phase of the country’s second biggest gas field, Absheron, which contains 350bn m3 of gas

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Port Of Call Investment

Port Of Call The Chabahar port in Iran will help India get direct access to Central Asian markets. For India Inc, it is a huge business opportunity. On September 1, 2014, when Prime Minister Narendra Modi was on his maiden visit

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Azerbaijan – Oriental Express Hub? Energy

Azerbaijan – Oriental Express Hub?    With the first Mumbai-to-Moscow train scheduled to chug through Azerbaijan this August, railways seem set to become the new oil for the Caspian Sea nation.   Better known for a wealth of energy and

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Lukoil spuds at Vladimir Filanovsky in Caspian Sea Energy

Lukoil spuds at Vladimir Filanovsky in Caspian Sea Lukoil has commenced drilling operations at the Vladimir Filanovsky field in the Caspian Sea. The well is being drilled from an ice-resistant fixed platform, LSP-1, with first production set for 2H 2016. V. Filanovsky

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Caspian Overview: Azerbaijan Talks with Gazprom Energy

Caspian Overview: Azerbaijan Talks with Gazprom Azerbaijan’s energy monpoly Socar produced 5.4% less gas in the first five months of the year than in the same period of 2015. Output stood at 2.65bn m3, according to Socar’s latest figures, of

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Focus on Caucasian pit viper Ecosystem

Focus on Caucasian pit viper   Vipers are the most efficient poisonous snakes of all. Their long fangs can inject venom deep into a victim. The venom acts mainly on the blood and muscles of the prey. Vipers usually have

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Singapore wins Baku port deal Investment

<header class="entry-header"> Singapore wins Baku port deal </header>   Baku International Sea Trade Port has signed an MoU with Singapore-based SMRT International and Ectivise Solutions to enhance the operational effectiveness of Azerbaijan’s new port.  The two Singapore-based companies will support the Port of Baku

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Barter Enables Iran-Turkmenistan Gas Trade Energy

Iran will import gas worth $30bn from Turkmenistan over the next ten years in exchange for engineering goods and services of the same value. Oil ministry representative Mohammad Taqi Amanpour said June 27 that the two countries had finalized $2.5bn of

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SOCAR's Azneft to introduce SCADA system Energy

SOCAR’s Azneft production unit is planning to develop SCADA (supervisory control and data acquisition) system to create virtual form of the oil and gas fields of the country, SOCAR reported. SCADA system will allow visualization of oil and gas fields operations,

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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

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Schneider Electric holds workshop at Baku Higher Oil School

On June 28, Baku Higher Oil School (BHOS) and Schneider Electric started a three day workshop on Contemporary Standards of Process Safety for SOCAR management, engineers and technical employees. During the three separate workshop sessions, the presentations will be made

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Gilan's standardized exports up by 43 percent Investment

Gilan's standardized exports up by 43%     Head of exports quality evaluation office of Gilan Standardization Bureau said that standardized exports showed 43% growth in value in the first three months of the current Iranian calendar year (beginning on March 20).

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Daimler vows to take China off Iran roads Investment

Daimler says its trucks division will start the deliveries of Mitsubishi Fuso brand in Iran later this year.  The German carmaker and Iran’s Mammut Group signed a distribution agreement for Fuso trucks, especially in the light-duty segment, back in January as

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Iran improves journal ranking on dentistry

TEHRAN, Jul. 02 (MNA) – Iran has surpassed Switzerland and Canada in SJR (Scientific Journal Rankings) 2015 on dentistry and is currently ranked 12 in the world. Saeid Asgari, Secretary of Iran’s Oral Health Council of the

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Iran recommences petchem exports to Britain Energy

Iran resumed petrochemical exports to Britain sending a consignment to the country for the first time after lifting of the international sanctions, Mehr news agency reported on Sunday. According to the report, before international sanctions imposed on Iran, European countries

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Will Iran Scare Away Big Oil Once Again? Energy

Comments from the head of the National Iranian Oil Company suggest that Iran wants the old buyback contract back, a potentially destructive move for the oil majors. Iran's hardliners object to the introduction of the new IPC as an alternative to

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China’s New Silk Road Has Beijing Looking West Investment

China’s New Silk Road Has Beijing Looking West Beijing is becoming increasingly aware that although China has become an economic giant, it risks being connected with the world only through trade. To expand its international influence, China needs new political concepts

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Caspian Overview: Major Upstream Investment Approved Energy

Caspian Overview: Major Upstream Investment Approved   Kazakhstan and the Chevron-led consortium Tengiz Chevroil (TCO) approved on July 5 a $36.8bn plan to expand the giant Tengiz field, which has 45% of the country’s total production now. The sides plan to increase

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Sukhoi Su-30 Political and military events

Sukhoi Su-30   The Sukhoi Su-30 (Cyrillic: Сухой Су-30; NATO reporting name: Flanker-C) is a twin-engine, two-seat supermaneuverable fighter aircraft developed by Russia's Sukhoi Aviation Corporation. It is a multirole fighter for all-weather, air-to-air and air-to-surface deep interdiction missions. The

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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

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railroad from Russia to Iran Investment

railroad from Russia to Iran   The ambitious North-South Transport Corridor can allow us easy access to a vast region, boosting trade and diplomacy   The commencement of operations on the International North-South Transport Corridor project — connecting Bandar Abbas

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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

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Caspian Energy Grid – London Launch Energy

Caspian Energy Grid – London Launch   The Caspian Sea is the largest enclosed body of water by area and the resources to be found around in and under the Caspian Sea have been disputed for millennia. The issues

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Dry Cargo Vessel Launched in Russia science

Dry Cargo Vessel Launched in Russia   The Zhibek Zholy, a dry cargo vessel with a capacity of 7,500 dead weight tonnage (DWT), was launched July 12 in Shlisselburg, Russia, reported the Kazakhstan Temir Zholy

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Exports of Razavi Food Company soar Investment

Exports of Razavi Food Company soar   Supervisor of Razavi Food Products Company has reported a 49-percent rise in exports of the company’s products within the first three months of the current year (began March 20). In an

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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

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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

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Iran, Russia want broader ICT cooperation science

Iran, Russia want broader ICT cooperation   Iran and Russia have called for stronger measures to promote cooperation in the area of telecommunications and cyberspace. This was expressed in a meeting between Iran’s Minister of Communications and Information Technology Mahmoud

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Russian industrial giant seals deal with Iran Investment

Russian industrial giant seals deal with Iran   Russia’s Technopromexport has become the country’s first enterprise to win a major industrial deal from Iran after the removal of the sanctions against the country.  Technopromexport, part of Russia's

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Russia may supply components for Iranian satellites science

Russia may supply components for Iranian satellites   Components for Iranian satellites may be produced by Russia’s Roscosmos space corporation, said Russian Communications Minister Nikolai Nikiforov after meeting with Iranian counterpart Mahmoud Vaezi in Moscow. “Iran shows a great

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Iran ranks 6th in Intl. Chemistry Olympiad science

Iran ranks 6th in Intl. Chemistry Olympiad Iranian young chemists won two gold and two silver medals in the 48th International Chemistry Olympiad held in Tbilisi, Georgia. The international knowledge competition that gathered over 300 young chemists

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Russian researchers discover new type of waves science

Russian researchers discover new type of waves   A team of Russian researchers by using quantum approaches discovered new coherent regimes for electromagnetic pulses in superconducting metamaterials that can lead to potentially powerful quantum computing. A team of

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Turkmenistan, France strengthening co-op Political and military events

Turkmenistan, France strengthening co-op   Turkmenistan’s Foreign Minister Rashid Meredov met with France’s extraordinary and plenipotentiary ambassador Patrick Pascal, said the message from Turkmenistan’s Foreign Ministry. Pascal is completing his diplomatic mission in Turkmenistan. During the meeting, the parties expressed intention to further

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Russian, Iranian nuclear officials hold talks science

Russian, Iranian nuclear officials hold talks    Nikolai Spassky, Rosatom’s deputy head, and Iranian nuclear chief Ali Akbar Salehi on Wednesday discussed ways to accelerate implementation of joint nuclear projects in Iran, including construction of new nuclear power plants

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Russians to build 1.4 GW coal plant in Iran Energy

Russians to build 1.4 GW coal plant in Iran Tekhnopromexport, part of Russia's state industrial conglomerate Rostec, has become the first Russian company to win a large, firm contract with Iran after the end of Western sanctions

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Kazakhstan-Ukraine Trade Crashes Investment

Kazakhstan-Ukraine Trade Crashes   143 train cars, blocked at the Ukraine-Russia border, explain why. In the first eight months of 2016, 143 train cars laden with goods destined primarily for Kazakhstan, but also Kyrgyzstan, were stopped at the Russian-Ukrainian

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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

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Iran, Azerbaijan ink 6 MoUs in Baku Investment

Iran, Azerbaijan ink 6 MoUs in Baku The Islamic Republic of Iran and the Republic of Azerbaijan signed six memoranda of understanding in Baku on Sun. to further deepen ties between the two countries. In the ceremony

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Lukoil Provides Update on North Caspian Fields Energy

Lukoil Provides Update on North Caspian Fields   Russia’s Lukoil is on schedule to begin phase one production at its Filanovsky oil field this autumn and expects to begin phase two production in late  2017. It is also keeping an eye open to

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Trade between Russia & Iran surges 71 percent Investment

 Trade between Russia & Iran surges 71 percent   With the lifting of sanctions, trade turnover between Moscow and Tehran has grown 70.9 percent in year-on-year terms, according to Russia's ambassador to Iran, Levan Dzhagaryan. Since international sanctions against Iran

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Major rise seen in Russia’s trade with Iran Investment

Major rise seen in Russia’s trade with Iran Russia says its trade with Iran has increased by 70.9 percent after the sanctions against the Islamic Republic were removed earlier this year. Russia’s Ambassador to Tehran Levan Dzhagaryan was quoted

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August 12 marks Day of Caspian Sea cultural

August 12 marks Day of Caspian Sea   August 12 marks the Day of the Caspian Sea, the largest land-locked body of water on earth. The Framework Convention for the Protection of the Marine Environment of the Caspian Sea, also known as

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First Neanderthal settlement uncovered in Nowshahr History

First Neanderthal settlement uncovered in Nowshahr A newly excavated site in Bandpey, southeast of Caspian Sea in Mazandaran provides major evidence for a Neanderthal settlement in the region. Hamed Vahdatinasab, local head of an archaeological expedition in

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CECO would benefit all Caspian littoral states Investment

CECO would benefit all Caspian littoral states   Iran’s President Hassan Rouhani has taken key steps toward the establishment of Caspian Economic Cooperation Organization. Iran has been experiencing tense relations with some of her southern neighbors, especially with

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Lankaran sees rise in tourist flow [ PHOTO] Tourism

Lankaran sees rise in tourist flow Azerbaijan’s Lankaran region, one of the oldest settlements in Azerbaijan, has recorded rise in number of foreign and local tourists coming to see the beauties of this region. Director of the Lankaran Tourism Center Ilgar

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Russian university develops unique implants science

Russian university develops unique implants   National University of Science and Technology MISIS has developed a new method to produce ultra-high molecular weight polyethylene implants intended to replace bone tissue defects in humans and animals. The new implant

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Iran's classical music vocalist to perform in Almaty art

Iran's classical music vocalist to perform in Almaty   Iran's classical music vocalist departed for Almaty of Kazakhstan to attend a traditional music festival. Iranian vocalist Mohammad Motamedi is scheduled to perform at the Traditional Music International Festival

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Russia holds tender for Iran power plant job Energy

Russia holds tender for Iran power plant job   Russia has announced a tender for the development of a key thermal power plant in Iran thus taking the project it was awarded last year one more step toward materialization.  Russia’s media

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Iran ready to swap oil with Russia Energy

Iran ready to swap oil with Russia   Oil Minister Bijan Zanganeh has reported on negotiations between Iran and Russia for oil swap. Speaking at a live IRIB program, Zanganeh said several domestic and foreign companies have launched

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Turkey and the Energy Transit Question Energy

 Turkey and the Energy Transit Question   For foreign and security policy analysts, pipelines tend to be the entry point into the world of energy. Pipelines create dependencies between countries, pipelines stay for decades, and pipelines have a highly symbolic political value. In

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