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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 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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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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Georgian FM: No need to buy more gas from Gazprom Energy

Trend: The Georgian government aims at ensuring stable and uninterrupted gas supply, Mikheil Janelidze, Georgian foreign minister, said. Janelidze made this statement following the negotiations and the agreement with SOCAR (State Oil Company of Azerbaijan). The gas supply was problematic after the recent

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Turkey looks to boost trade ties with Kazakhstan Investment

Turkish Economy Minister Mustafa Elitas has said the Middle Corridor, a proposed transportation network extending from the Caspian Sea through Turkey and Azerbaijan to Central Asia and China, will boost economic recovery in the region, Anadolu agency reported. Addressing the 9th

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SOCAR inks deal with Canada’s Zenith Energy Energy

By Azad Hasanli - Trend: Azerbaijan’s state oil company SOCAR and Zenith Aran Oil Company, a subsidiary of Canada’s Zenith Energy, signed March 16 an agreement on production sharing, restoration, development and exploration at the block that includes Muradkhanli, Jafarli and

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Russian interest in East Med and Cyprus gas Energy

In a week that saw Russia pulling some of its armed forces out of Syria and signs of increasing cooperation between Russia and the US in the region, it is important to examine Russian interest in energy, and particularly gas,

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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 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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Iran-Pakistan gas pipeline still alive Energy

By Emil Ilgar – Trend: Iran-Pakistan gas pipeline project, is not dead and negotiations over realization of the project continue, the Managing Director of National Iranian Gas Company Hamid Reza Iraqi told Fars News Agency. "Pakistan has agreed to build a 100km-pipeline

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Turkmenistan starts welding TAPI pipeline’s linear part Energy

Trend: Turkmennebitgazgurlushyk (“Turkmenneftegazstroy”) state concern has begun welding the pipes of the linear part of Turkmenistan-Afghanistan-Pakistan-India (TAPI) gas pipeline’s Turkmen section. More than 100 units of special equipment are being used within current work, a message released by Turkmen Oil and Gas

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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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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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Doha oil meeting helpful, yet not ideal Energy

The upcoming Doha meeting on oil production will yield positive results on prices, yet it is far from an ideal move, said Mohammad Ali Khatibi, former Iranian representative in OPEC. The reason is that the meeting is going to focus on

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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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SOCAR hopes major oil contract to be prolonged soon Energy

Trend: Azerbaijan’s state oil company SOCAR continues talks with its partners on signing a contract to continue the development of Azeri-Chirag-Guneshli (ACG) block of oil and gas fields and hopes for speedy solution of this issue, says SOCAR President Rovnag Abdullayev. An

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Iran’s oil, condensate export surpasses 2 mbpd Energy

Iran’s oil export has recently surpassed two million barrels per day, the country’s oil minister, Bijan Namdar Zanganeh said. “The country now is exporting over two million barrels of gas condensates and crude oil per day,” Zanganeh said, Mehr news agency

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Russo-Persian Treaty of Friendship (1921) History

The Russo-Persian Treaty of Friendship was signed on February 26, 1921 between representatives of Iran and the Soviet Russia. Based on the terms of the treaty, all previous agreements made between the signatories including the Treaty of Turkmenchay were canceled.

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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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full text of Treaty of Turkmenchay (1828) History

full text of Treaty of Turkmenchay (1828) Treaty of Turkmenchay (1828) ARTICLE I His Majesty the Russian Emperor and His Majesty the King of Iran have agreed to eternal peace, friendship and full agreement between them, their heirs to the throne,

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Caspian European Club reorganizes activity Investment

Trend: According to the decision of the CEIBC's senior management, the Caspian European Club (Caspian Business Club) will shift to a closed format of activities from April 11, 1st Vice-Chairman and CEO of the Caspian European Club (Caspian Business Club) Telman

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Europort to Partner IRANIMEX Investment

Leading maritime exhibition offers gateway to maritime and offshore opportunities in Iran   Europort has become the official and exclusive international partner of IRANIMEX, the leading maritime & offshore exhibition in Iran. The agreement brings together the brand behind the

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Azerbaijan, Iran to build border railway bridge Investment

Trend: Azerbaijan, Iran and Russia attach great importance to the transport corridors passing through these countries, and in particular the railway networks, Azerbaijani Foreign Minister Elmar Mammadyarov said. He made the remarks at a press conference following the trilateral meeting of 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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Caspian Sea littoral states eye economic cooperation Investment

Caspian Sea littoral states eye economic cooperation Trend: Deputy foreign ministers of the Caspian Sea littoral states have discussed expansion of economic cooperation at a meeting in Baku, an Iranian deputy foreign minister said. The Islamic Republic of Iran believes in the

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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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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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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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Russian oil CEO: We won't do deals with OPEC Energy

Russian oil CEO: We won't do deals with OPEC MOSCOW (CNNMoney) —A top Russian oil executive may just have killed off any lingering talk of an agreement among producing countries to freeze output. The world's top exporters, including Russia,

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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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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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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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Tehran, Moscow to run water exploration program Hydrology

Tehran, Moscow to run water exploration program Deputy energy minister has said exploration of deep waters in Iran will be carried out in partnership with Russia. Iranian Deputy Minister of Energy Sattar Mahmoudi made the remarks noting “on the basis of studies

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Iran, Azerbaijan to step up ICT coop Investment

Iran, Azerbaijan to step up ICT coop In a meeting between Iran's ICT minister and Azeri counterpart in Baku, the two sides stressed cooperation in the fields of communication, satellites, post and post bank. Mahmoud Vaezi, who is

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Empty Gazpromises Energy

Empty Gazpromises Much of the debate concerning the Nord Stream II pipeline centres on whether the project should be seen as a commercial undertaking, or as an effort to lock in Gazprom’s dominance in Europe and deal a blow to Ukraine. The

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Turkmenistan should focus on developing Caspian oil fields Energy

Turkmenistan should focus on developing Caspian oil fields   Turkmenistan's President Gurbanguly Berdimuhamedov has emphasized the necessity of accelerating the work on developing the country's large oil and gas fields and paying special attention to the Turkmen sector of the Caspian

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No Way Out Ecosystem

No Way Out The fate of the Caspian seal may have been decided five million years ago. The smallest earless seal on Earth, Pusa caspica, is the only mammal in the Caspian Sea. It is atop the aquatic food chain in this

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Gazprom executives to visit Tehran Energy

Gazprom executives to visit Tehran A 30-strong delegation of Russia’s Gazprom Company, the world’s largest gas exporter, will soon travel to Tehran to launch fresh round of talks with Iran. Headed by Deputy Chairman of Gazprom's Board

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Iran-Turkmenistan daily truck traffic to soar Investment

Iran-Turkmenistan daily truck traffic to soar Road minister has voiced Tehran’s readiness to provide grounds for promotion of daily truck traffic between Iran and Turkmenistan. Speaking at a meeting in Tehran with Turkmenistan’s Foreign Minister Raşit Öwezgeldiýewiç Meredow,

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Turkmenistan looking to Belarus as a transit partner Investment

Turkmenistan looking to Belarus as a transit partner Turkmenistan views Belarus as a promising partner in a large-scale transit project, Turkmenistan President Gurbanguly Berdymukhammedov told reporters after his talks with Belarus President Alexander Lukashenko in Minsk on May 11, BelTA

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Iran to build 50MW wind farm in Kazakhstan Energy

Iran to build 50MW wind farm in Kazakhstan Iran has signed an agreement with Kazakhstan towards building a 50-megawatt wind power plant in the west of Kazakhstan on the Caspian Sea coast within 18 months, a report said. The agreement with

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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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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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Socar and Uzbekneftegaz join forces in Uzbekistan Energy

Socar and Uzbekneftegaz join forces in Uzbekistan   Socar and Uzbekneftegaz join forces in Uzbekistan Azerbaijan state-run energy company Socar has signed a memorandum for cooperation and joint activity with its Uzbek counterpart Uzbekneftegaz, the national holding company. The two entities have agreed to

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Caspian Sea Yard to Build Persian Gulf Jack Ups Investment

Caspian Sea Yard to Build Persian Gulf Jack Ups   The Red Barricades shipyard in Astrakhan, Russia, has finalized a contract for the construction of five $200 million jack up rigs for Iranian firm SADID Industrial Group.  SADID and Red Barricades said that

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Zero tariff for 8 Iranian export products Investment

Zero tariff for 8 Iranian export products   Based on an agreement between Tehran and Eurasian Economic Union, the exports tariff for Iran to export eight products to EEU members was eliminated. EEU includes Russia, Belarus, Kazakhstan, Kyrgyzstan and

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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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INOTEX 2016 presents IT and ICT achievements Investment

INOTEX 2016 presents IT and ICT achievements Iran, Russia, Belarus, Ukraine and Greece introduced their achievements in a meeting on IT and ICT technology exchange held on the sidelines of 2016 INOTEX Exhibition.   Speaking on the sidelines of

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Iran ready to join European power grid Energy

Iran ready to join European power grid   Iran’s Energy Minister Hamid Chitchian has announced the country’s readiness to join the electricity grid of Europe. Speaking at a meeting with Energy Charter Secretary General Urban Rusnák in Tehran,

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In Iran, Modi projects Vajpayee’s vision Investment

In Iran, Modi projects Vajpayee’s vision The quantum leap for Indian diplomacy that was the Chabahar agreement, was seeded by NDA1 and nurtured by NDA2, while the two UPA administrations in between failed to make much progress The recent agreement between

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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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Georgia Plans for Energy Overhaul Energy

Georgia Plans for Energy Overhaul   Georgia is looking to win formal approval to join Europe's Energy community this October, making the country a more competitive location and partner for energy projects, the Georgian government said June 9. In a wide-ranging presentation, which

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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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In Iran, Modi projects Vajpayee’s vision Investment

In Iran, Modi projects Vajpayee’s vision   The recent agreement between Iran, Afghanistan and India to build the Chabahar port on the Iranian coast and link it with the existing rail and road network and related industrial corridor into

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Iran, Russia to ramp up nano cooperation Investment

Iran, Russia to ramp up nano cooperation   INIC head Saeid Sarkar said Sun. Iran and Russia reached agreement on 16 cases for nano cooperation in the 3rd Iran-Russia High Commission on Nanotechnology Cooperation held in Moscow earlier this

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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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Iran, Russia in talks over electricity exchange Energy

Iran, Russia in talks over electricity exchange   A new report says Iran and Russia are in final talks over electricity exchange during high seasons. Payam Baqeri, head of Export Committee of the Iranian Power Industry Union, has told the Azerbaijan

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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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Iran, Azerbaijan discuss cultural ties cultural

Iran, Azerbaijan discuss cultural ties   The Republic of Azerbaijan’s Ambassador to Iran Bunyad Huseynov met Iran’s Minister of Culture Ali Jannati to discuss bilateral issues of concern. There are several cultural points that the two countries share, such as the poems

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Tehran, Kiev after closer trade ties Investment

Tehran, Kiev after closer trade ties   Deputy industry minister, at a meeting with Ukraine’s ambassador to Iran, called for expansion of trade exchanges between Tehran and Kiev. Valiollah Afkhamirad, who heads Iran's Trade Promotion Organization (TPO), voiced

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India and SCO Political and military events

India and SCO India Has More Hoops to Jump for SCO Membership   “I convey our deep sense of gratitude to the members of the SCO for accepting India as a full member,” Prime Minister Narendra Modi told leaders of the Shanghai

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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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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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Iran to treble gas exports to Armenia Energy

TEHRAN, Jul. 02 (MNA) – NIGEC managing director has reported on the reached agreement with Armenia to bring about a threefold increase in Iran’s gas exports to the Caucasus region country. Following an earlier power deal between

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Iran, Russia reach new banking agreement Investment

Iran, Russia reach new banking agreement   Officials of Iranian and Russian central banks have reached an accord over launching broker relationships between Russia’s major banks and their Iranian counterparts. On the sidelines of the XXV International Financial

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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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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

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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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Shell shutting down office in Azerbaijan Energy

Shell shutting down office in Azerbaijan   Shell Business Development Central Asia B.V., a subsidiary of the Royal Dutch Shell plc, announced the liquidation of its office in Azerbaijan, the Azerbaijani Taxes Ministry’s ‘Vergiler’ newspaper reported July 8. In a comment to

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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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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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Azerbaijan, Romania to boost co-op in gas transportation Energy

Azerbaijan, Romania to boost co-op in gas transportation   Azerbaijan’s state oil company SOCAR and Romania’s state-owned company Transgaz agreed to step up cooperation in the natural gas transportation, SOCAR said in a message July 19. The two sides signed a memorandum

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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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Russia pushing North-South route to reality Investment

Russia pushing North-South route to reality   Russia says it has presented a plan to Iran which envisages establishing a unified transport company with India to operate along the emerging North-South Transport Corridor (NSTC) – an ambitious intercontinental multi-modal route

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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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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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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 in talks with ‘Roscosmos’ for satellite building science

Iran in talks with ‘Roscosmos’ for satellite building   ICT Minister Vaezi said Iran is currently negotiating with Russia’s State Corporation for Space Activities ‘Roscosmos’ to reach the right deal for construction and launch of a national remote-sensing satellite. Mahmoud Vaezi,

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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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Azerbaijan, Iran increased electricity swap Energy

Azerbaijan, Iran increased electricity swap   Azerbaijan and Iran have increased the swap of electricity by 2.5 times, Hamid Chitchian, Iran’s Energy Minister told Trend. He said that a new ETL (electrical transmission line) with the capacity of 330 kilowatt and

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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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Iran sees good co-op opportunities with Russia's Lukoil: minister Energy

Iran sees good co-op opportunities with Russia's Lukoil: minister   Tehran sees the possibility of signing a cooperation agreement with Lukoil, according to Iranian Communications and Information Technology Minister Mahmoud Vaezi. "Oil and gas cooperation with various companies is progressing. After the lifting of sanctions [against Iran], there are good possibilities for Lukoil and

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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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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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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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