Baku, February 23, AZERTAC Following a ceremony of signing documents, President of the Republic of Azerbaijan Ilham Aliyev and President of the Islamic Republic of Iran Hassan Rouhani have made statements for the press. Statement by President Ilham Aliyev: -

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 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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Introduction   The tragedy of the commons dates all the back to Aristotle.  It is the story of humans depleting and destroying the free gifts of the world.  There have been many incidences of other commons being destroyed like, the Black Sea,

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The general cargo ship Port Olya 3 grounded in Caspian sea on 15 nautical miles South-East off Lagan, Russia. The vessel was proceeding at Volga – Caspian sea Canal, when suffered steering gear failure and ran aground into a sandy/mud

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TEHRAN, Feb. 14 (MNA) – The Food and Agriculture Organization of the United Nations (FAO) has published its latest version of the Food Chain Crisis Early Warning Bulletin for the period January-March 2016 that indicating that Dieback of

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Moscow wants to ease customs procedures for Iranian agricultural products and speed up their delivery, according to Russian Deputy Agriculture Minister Sergey Levin. During a two-day visit to Iran he said the southern Russian ports of Makhachkala and Astrakhan on the

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By Farhad Daneshvar – Trend: Iranian Parliament Speaker Ali Larijani has called on to reconsider the eliminated Nabucco West project. “Proposal for the Nabucco gas pipeline was partially eliminated after imposing sanctions against Iran and now with the

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Iran, where beaches are segregated by gender and alcohol is banned, is getting its first foreign-branded seaside hotel, complete with swimming pools, bars and a spa. Melia Hotels International SA plans to open the five-star property in a 130-meter (427-feet) tower

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Turkey’s state oil company will press ahead with plans for an initial public offering as soon as next year, but only if oil prices return to at least $60 a barrel from near $30 now, Chief Executive Officer Besim Sisman

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By Farhad Daneshvar – Trend: A train will run twice a week between Azerbaijan’s Nakhchivan city and Iran’s Mashhad city, an Iranian envoy has told Trend. Iran’s Consul General in Nakhchivan Mansour Airom has said that Javid Gurbanov, head of Azerbaijan Railways

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The European Commission has approved the agreement between the Greek authorities and the TAP AG company on the construction of the Trans Adriatic Pipeline (TAP) gas pipeline bringing Azeri gas to Europe, the commission said in a statement on Thursday. BRUSSELS

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/By Azernews/ By Aynur Karimova Azerbaijan and Iran, both nations enjoying huge natural gas reserves in the world, have a potential to become key suppliers of gas to the European market, Omid Shokri Kalehsar believes. The energy

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Construction works for the Trans-Adriatic pipeline (TAP) are planned to begin in May, SOCAR President Rovnag Abdullayev told ANS TV on Sunday. The construction work on the TAP had been expected to start in March but the date

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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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By Aynur Karimova Turkmenistan, which ranks sixth for its natural gas reserves of 265 trillion cubic feet, has started supplying gas to its Ahal province via the recently commissioned East-West gas pipeline. Turkmen Oil and Gas and Natural

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By Maksim Tsurkov – Trend: Azerbaijan’s gas reserves are quite enough to fill Southern Gas Corridor (SGC), Natiq Aliyev, Azerbaijani energy minister, said in an interview with Natural Gas Europe. He said that the project is designed to export Shah Deniz gas

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Azerbaijan’s state oil firm SOCAR says it is looking to revive trade with Iran as the two neighbors are strengthening relations after the lifting of sanctions on the Islamic Republic.  Azeri President Ilham Aliyev arrived in Tehran on Tuesday to

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Kazakhstan is embarking on some of the most ambitious reforms in its independent history as President Nursultan Nazarbayev moves to implement his election campaign platform of five institutional reforms. President Nazarbayev announced in his inaugural speech last May that a “Plan

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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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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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Farnaz Heidari TEHRAN — Human-induced warming of the climate is expected to continue throughout the 21st century and beyond. Our climate is influenced significantly by changes in atmospheric

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Kazakhstan Temir Zholy National Company Chairman Askar Mamin, Minister of Transport, Maritime Affairs and Communications of Turkey Binali Yildirim and President of Turkish railway company TCDD Omer Yildiz discussed transport and logistics cooperation during the recent Eurasia Rail 2016

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By Khalid Kazimov – Trend: Iran and Russia are capable of swapping oil and gas, says Iranian Oil Minister Bijan Namdar Zanganeh. At a meeting with Russian Energy Minister Alexander Novak in Tehran, Zanganeh said that expansion of cooperation with Russia is

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By Gulgiz Dadashova Greenfields Petroleum Corporation, engaged in development and production of proven oil and gas reserves mainly in Azerbaijan, has inked a deal to purchase a 66-percent stake in the Bahar Energy Limited Operating Company, a source in the country’s

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President Erdoğan and his Azerbaijani counterpart Aliyev met at the fifth Azerbaijan-Turkey High Strategic Cooperation Council, where Erdoğan announced that the works for the construction of the TANAP are progressing as planned The fifth Azerbaijan-Turkey High Strategic Cooperation Council

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Middle Corridor, a proposed transport network extending from Caspian Sea to Central Asia and China, will boost trade, Turkish Economy Minister Elitas says World Bulletin / News Desk Turkish Economy Minister Mustafa Elitas has said the Middle Corridor,

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By Maksim Tsurkov – Trend: The Southern Gas Corridor project’s (SGC) net financial needs for operations and capex will be close to $8.4 billion in 2016-2019, said the message of the international ratings agency Fitch Ratings on March 17.

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By Aygun Badalova - Trend: Construction of the Trans Adriatic Pipeline (TAP) will not only contribute to energy security, but also will increase competitiveness, boost job creation and growth, Maros Sefcovic, the European Commission’s vice-president for Energy Union, said in an

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By Aynur Karimova The Southern Gas Corridor project, aiming to bring the Caspian gas to Europe, is one of the biggest construction projects of our time. This was announced by Vice-President of the European Commission for Energy Union, Maros Sefcovic at the

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Fitch says SGC’s capex to hit $8.4B until 2020 18 March 2016, 11:20 (GMT+04:00) <iframe

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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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By Prof. Dr. Rovshan Ibrahimov* Dr. Vassilios Sitaras recently published a policy brief for CCEE titled “Transporting Gas Across the Caspian: A New Option”, proposing an alternative method for delivering natural gas from Turkmenistan across the Caspian Sea to Azerbaijan and

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Investing In Iran Is Still A Key “Uncertainty” Expect Iran will receive much less than $500-B it needs to modernize its infrastructure because foreign banks are still unwilling to risk penalties from the US Treasury. The projects are ready, but the problem

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Dubai, UAE - Topaz Energy and Marine, a leading offshore support vessel company, today announces its results for the year ended 31 December 2015 (in the following referred to as "the period").   Business Highlights · Net Profit for the period was US$

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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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By Anvar Mammadov – Trend: Azerbaijan's Southern Gas Corridor Company printed its $1bn 10year bond on Thursday 80bp back of the sovereign curve, benefiting from an explicit state guarantee, Global Capital agency reported. Initial price thoughts for the 10 year bond were

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By Anvar Mammadov – Trend: Azerbaijan's Southern Gas Corridor Company has released initial price thoughts for a ten-year bond at seven percent yield area, Global Capital agency reported. Depending on market conditions, the SGC's bond offering under the state guarantee is forecasted

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Iran and France's Total have signed a non-disclosure agreement (NDA) on giant South Azadegan oil field, Iran's Oil Minister Bijan Namdar Zanganeh told Mehr News Agency. According to the signed agreement, Total is allowed to study the giant oil field to

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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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Nowadays, a variety of means are being used in order to implement and extend the “controlled chaos” in the national economies and societies in the geopolitical struggle. The actor, who is using the tool, is maintaining the “controlled chaos” within

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Alexander Cooley in his book, Great Games Local Rules, describes a new great game where the post-soviet states of Kazakhstan, Kyrgyzstan, Tajikistan, Turkmenistan, and Uzbekistan take orders from Moscow, Washington, and Beijing. He describes this geopolitical concept as a

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Iran's 'Suez Canal': Tehran Could Connect Caspian Sea and Persian Gulf One of the most ambitious initiatives that Tehran plans to launch will see an artificial channel link

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Construction of a navigable channel linking the Caspian Sea and the Persian Gulf is underway. It is expected the project will be completed in the 2020s. The project is particularly interesting for Russia due to the cold spell with Turkey, but European and post-Soviet states

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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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The Caspian Sea is an important, if often overlooked, region in regard to many of the challenges the U.S. faces around the world, such as a resurgent Russia, an emboldened Iran, wavering allies, growing China, and the rise of Islamic

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The Trans-Adriatic Pipeline, a part of the Azerbaijan-initiated giant Southern Gas Corridor, is not just a major investment for Greece, but also a significant geopolitical tool for this country. Such a remark was made by TAP's country Manager for Greece, Rikard

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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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Trend: Turkey and Russia have agreed on the observation flights that were cancelled Feb. 4, the Haber7 newspaper reported March 28 citing diplomatic sources. Reportedly, a group of Russian observers were expected to fly over Turkey’s territory on Feb. 1-5 under the

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Trend: Azerbaijan’s state oil company SOCAR will produce about 3,650 tons of oil annually through commissioning of a new well being drilled at the Oil Rocks offshore field in the Caspian Sea. The well’s projected depth is 1,860 meters and its daily

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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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urkmenistan's armed forces are conducting unprecedented large-scale, unannounced exercises, an indication of the growing importance the country's government is placing on its defense. The exercises began "in the dead of night" between Friday and Saturday, on a personal command of President

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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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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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ran's ambitious project to build a 'trans-Iranian' canal from the Caspian Sea to the Persian Gulf will only be possible with Russia's help, says Bahram Amirahmadiyan, an expert on political geography at the University of Tehran. Over the weekend, media

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Energetic Engagement: Russia Ready to Assist Iran in Power Plant Projects Russia is ready and willing to contribute to the development of Iran's major energy projects, according to Vyacheslav Leonov, press secretary of Russia's state-run energy holding Inter RAO-Export. In an

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Azerbaijan’s Southern Gas Corridor project, aimed to bring gas from the Caspian Sea to Europe, will start operating in two-three years due to support from the US government, Azerbaijani President Ilham Aliyev stated on Wednesday in joint remarks

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Foreign ministers of Azerbaijan, Russia and Iran will meet in Baku on April 7, said Mariya Zakharova, spokeswoman for Russia’s Foreign Ministry, Trend’s correspondent reported March 31. She said that during the meeting the Azerbaijani, Russian and Iranian FMs – Elmar

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Trend: The acquisition issue of 66 percent stake of Greece gas distribution network operator - DESFA by the State Oil Company of Azerbaijan Republic (SOCAR) and sale of 17 percent share to European companies can be solved by late 2016, the

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By Elena Kosolapova - Trend: Despite the fact that the European Union is ready to resume talks with Russia over the South Stream gas pipeline, the project should fully comply with the rules of the Third Energy Package, independent European

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The Southern Gas Corridor project aimed at delivering Azerbaijan’s natural gas to Europe wouldn’t have advanced without strong US backing, according to Azeri President Ilham Aliyev. “We are very grateful to the government of United States for its

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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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Fluctuating increases in Russia's oil output should not offset the Doha deal to freeze output at January levels throughout 2016 as long as average daily output remains below January levels, Russian Energy Minister Alexander Novak said on Saturday.

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Azerbaijan has further reduced cargo tariffs with a view to enhance the competitiveness and efficiency of transit transport corridors passing through its territory and attract additional cargo traffic to these corridors. The Caspian Shipping CJSC decided to make a 20-percent discount

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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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Trend: Oil production in Kazakhstan's Kashagan oil field is planned to resume in the autumn of 2016, said a message of the Caspian Pipeline Consortium (CPC), via a pipeline system of which it is planned to transport oil from this field. The

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The largest regional forum of producers of agricultural products and food supplies - Azerbaijan International Agriculture Exhibition, Caspian Agro 2016 will take place on 19-21 May in Baku. This year the Exhibition celebrates its 10th anniversary. Over the years, the Caspian

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 By Paul Salopek My intercontinental ramble, called the Out of Eden Walk, is a storytelling project that aims to retrace the footsteps of the first anatomically modern humans who migrated out of Africa back in the Stone Age. I am plodding

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Iran will benefit from an influx of international visitors following the recent political changes thanks to the nuclear agreement that was signed in Vienna earlier this summer. The World Travel Market 2015 Industry Report, released on Monday, 2 November at

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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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Trend: Foreign ministers of Azerbaijan, Russia and Iran - Elmar Mammadyarov, Sergei Lavrov and Mohammad Javad Zarif have made an agreement that the relevant ministries of these countries will comprehensively review the implementation of the North-South transport corridor project. Sergey Lavrov said

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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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Turkmenistan starts drilling another well at Galkynysh field Energy-rich Turkmenistan, which sits on huge natural gas reserves (265 trillion cubic feet of proven gas reserves, according to the Energy Information Administration, January 2015), continues large-scale works on the accelerated commercial development

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Russia & Iran negotiate canal from Caspian Sea to Persian Gulf Moscow and Tehran are holding talks on digging a ship canal from the Caspian Sea to the Persian Gulf, said Iranian Ambassador to Russia Mehdi Sanai,

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Iran Dismisses Report on Building Canal Linking Caspian Sea to Persian Gulf TEHRAN (Tasnim) – Iranian embassy in Russia rejected a recent report by Russia media on Tehran’s cooperation with Moscow on the construction of a major canal linking

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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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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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Azerbaijan achieves milestones in energy policy in Q1 2016 The energy policy of Azerbaijan, which has turned into one of the main guarantors of Europe’s energy security, recorded important achievements and milestones of historical significance in the first quarter of 2016. Energy

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North-South Corridor from Russia to India to compete with Suez Canal   Following talks with the foreign ministers of Azerbaijan and Iran, Russian Foreign Minister Sergei Lavrov has revealed that Russia has agreed to begin substantive studies on the implementation of

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Trending Science: Earth shifting on its polar axis due to climate change A new NASA study has found that melting ice and shifting rain patterns are causing the North and South Poles to drift, resulting in a dramatic shift in

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Kazakhstan Expects Eurasia Caspian Exploration Project Decision by Summer Kazakhstan hopes to actively participate in the exploration potential "Eurasia" project in terms of data provision, Kazakh Energy Minister Kanat Bozumbayev said Thursday. ASTANA (Sputnik) – Kazakhstan expects to receive

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Gazprom and ENI to step up cooperation Following the success of the Blue Stream project, ''cooperation between Gazprom and ENI will be increased further'', Russian energy minister Aleksander Novak told ANSA in an exclusive interview. ''A series of documents

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Turkmenistan intensifies development of Caspian Sea shelf Trend: Turkmenistan can become a mighty industrial power and a major exporter of chemical products, the 'Neutral Turkmenistan' newspaper reported. The implementation of the project for constructing a gas chemical complex in Kiyanly village of

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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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Right decision: Iran refuses to attend Doha summit Iran's Oil Minister Bijan Zanganeh made a right decision not participating in oil-producing & exporter countries which met in Qatar to outline how they are able to commit themselves to a possible

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<header class="article-header entry-header"> CNPC confirms participation in Eurasia hydrocarbon project </header> ASTANA – The government of Kazakhstan expects to receive a decision from the potential participants of the Eurasia project at the end of May of this year, Kazakhstan’s

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<header class="article-header entry-header"> The International Stage – Connected Energy </header>   Greece—and DEPA—are at the heart of major initiatives to increase energy security in Greece and hence the European Union. At the same time, Greece is securing its role

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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 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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Bilateral and three lateral agreements will not be effective until the five-sided agreement is signed - Deputy Minister of Foreign Affairs of the Islamic Republic of Iran Ebrahim Rahimpour An issue of transit and provision of assistance to

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Astana to host 13th Eurasian Media Forum Annual meeting of politicians, public figures and media representatives opens on April 20, 2016 in Astana, Caspian Energy News (www.caspianenergy.net) reports with reference to The Forum will discuss the most vexed

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Situation in the exhibition industry of Azerbaijan will remain stable - Farid Mammadov, Director of Iteca Caspian   Situation in the exhibition industry of Azerbaijan will remain stable - Farid Mammadov, Director of Iteca Caspian   About the company: Iteca

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NATO-Russia: No "business as usual" DIPLOMACY NATO and Russia held "frank and serious" talks despite "profound disagreements" as their ambassadors met on Wednesday for the first time since 2014, alliance chief Jens Stoltenberg said. The two sides agreed to keep communicating

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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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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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Iraqi, Turkmen gas to be connected to TANAP gas pipeline The scope of the Trans-Anatolian Natural Gas Pipeline (TANAP) will be widened when Turkmen gas from Northern Iraq is added to the mega-pipeline project. Emphasizing there is one input

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Russia: Resistance Is Futile, You Will Be Reabsorbed In mid-April an American destroyer in the Baltic was subjected to more than 30 acts of harassment by Russian Su-24 bombers. The Russian aircraft flew very low (less than a hundred meters)

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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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An Illusion Made FlyDubai Pilots Crash Their Plane Into the Ground Even as Flydubai Flight 981 took off from Dubai on March 18, the pilots knew they'd be in for a difficult flight. Bad weather lay ahead at their destination, the

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Kazakhstan plans to enter top 10 oil exporters Kazakhstan plans to produce 77 million tons of oil in 2016, Deputy Director General of the Information Oil and Gas Center of Energy Ministry of Kazakhstan Askar Kenzhekhanov said. He made the remarks

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Russia Renewable Energy Report Other than large hydroelectric plants in Russia, all other forms of renewable energy accounts for less than 1% of power generation capacity. These metrics come from Russia Direct, which reports when it comes to wind, solar and

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  Energy: what was once a largely single-resource/two-state controlled industry has given way to other resources of significance. In turn, this has also given rise to other states as major players in the arena. Given the increased need for energy among

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Energy-rich Kazakhstan, which enjoys 30 billion barrels of proved crude oil reserves (as of January 2014, according to the Oil & Gas Journal), expects to enter the top 10 oil exporters by 2020 through producing 130 million tons of oil

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  All oil terminals with a total capacity of more than 1.5 million cubic meters, Azerbaijan has at disposal both in the Caspian Sea and the Black Sea, are in demand for transshipment of crude oil and petroleum products. Kamran Mammadzadeh, deputy

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Kazakhstan Looks to Break into List of Top-10 Global Oil Exporters Ascar Kenzhekhanov, Deputy Director of the Oil and Gas Information Centre of Kazakhstan’s Energy Ministry, reported that Kazakhstan plans to produce 77 million tons (564.4 million barrels) of

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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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Repair work at Kazakh oil field ahead of schedule Repair and restoration work at the Kazakh oil field 'Kashagan' are being performed slightly ahead of plan, the country's energy ministry told Trend. It is expected that production at 'Kashagan' will be

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Russia boosts oil exports on higher crude prices Russian crude exports jumped nine percent in April to their highest level in sixteen months. Analysts contribute this to strengthening oil prices which have recovered to

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Renewable Energy Report For Russia Other than large hydroelectric plants in Russia, all other forms of renewable energy account for less than 1% of power generation capacity. Moscow-shutterstock_400971697-1-600x381These metrics come from Russia Direct, which reports when it comes to wind, solar

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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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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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Total Seeks Help with Absheron Sales: Ministry Source French major Total wants the Azerbaijani government to help it with the sale of gas from its giant Absheron field in the Caspian Sea, according to a source at the Azerbaijani energy

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Turkmenistan presents huge sea projects at IMO meeting Turkmenistan publicized its plans on creating international transit transport corridors within the framework of the 96th meeting of the International Maritime Organization’s (IMO) Maritime Safety Committee,

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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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Iran to export 90k tons fisheries An official at Iran Fisheries Organization has estimated that export volume of fishery products will reach 90 thousand tons in the current Iranian year (began March 20). Isa Golshahi, Iran Fisheries

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Int’l gas congress opens in Turkmenistan   Opening of the 7th international Turkmenistan Gas Congress 2016 (TGC 2016) has been held at the congress center of Turkmenistan's Avaza. The organizers of the event are Turkmengaz state concern and the British Summit Trade

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Russia's Hyperloop Plans Are Shaping Up: "Russia Is Ready" he new space race is heating up as private companies like SpaceX and Blue Origin increase their footprint in industries once dominated by governmental agencies. But in the race to build the

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Russia’s Humanitarian Response to the Armenian Genocide Humanitarianism and the Refugee Crisis on the Caucasus Battlefront During World War I By Asya Darbinyan Introduction The front page of the June 30, 1916 issue of the Parisian newspaper “Excelsior” carried an illustration of

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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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Port capacity set to outstrip trade growth   Several world regions including China, Western Europe and the Middle East seem to have planned much more container terminal capacity than needed for the coming decades.   A new

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Russian oil exports to China hit record high in April   Beijing has ramped up imports of Russian oil by 52.4 percent last month compared to a year earlier. China's General Administration of Customs calculated a record 4.81

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Beware what you wish for: Russia is ready for war o foreign ministers from the 28 NATO member-nations met in Brussels for a two-day summit, while mighty military power Montenegro was inducted as a new member.

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President Aliyev: Azerbaijan on verge of realizing energy project of global importance Energy-rich Azerbaijan and its core partner in major energy projects British BP are eager to continue this successful cooperation for many more decades in a move that will

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EBRD Mulls SGC Loan EBRD Mulls SGC Loan The European Bank for Reconstruction and Development (EBRD) is ready to support the southern gas corridor (SGC) project, its president Suma Chakrabarti told reporters in Baku May 25. Chakrabarti said the EBRD has firmly committed

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Russia and NATO: The return of the Cold War model of confrontation RD Interview: Russia’s Ambassador to NATO, Alexander Grushko, explains why we should expect a worsening trend in Russia-NATO relations as long as European security is viewed in Cold

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Scientists finally know what stopped Mongol hordes from conquering Europe In 1206, Genghis Khan, a fierce tribal chieftain from northern Mongolia, began to take over the world. The khan's ruthless tactics and loyal horde swept across Asia. One territory after another

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Russian President Vladimir Putin Aims to Renew Ties During Visit to Greece In his first visit to a European Union member nation in six months, Russian President Vladimir Putin traveled to Greece on Friday to discuss energy and privatization

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Russian Gas Pipeline To Greece Might Pass Through Bulgaria - Alexander Novak Russian Energy Minister Alexander Novak said on Friday that the natural gas pipeline planned to run from Russia across the Black Sea to Greece and Italy might pass through

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Emirates Aquatech eyes caviar exports to EU   Abu Dhabi-based Emirates Aquatech is targeting caviar production of 35 tonnes per year as it awaits clearance from the European Union to export the prized product to Europe and increase its market share. “The

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The New Great Game: the Caspian Sea There are two aspects of the New Great Game. The first aspect is to control hydrocarbon resources around the coasts of the Caspian Sea, and second is to grasp the transit of hydrocarbon

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Science VP in Moscow to discuss 40 joint projects Iran's VP for Science and Technology Affairs Sorena Sattari is visiting Moscow to attend the third meeting of the High Commission of Technologic Cooperation between Iran and Russia.

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Chatter Surrounds Turkmenistan’s Gas Export Plans Earlier this week, Crossroads Asia took a look at the current, and declining, state of affairs within the China-Central Asia gas pipeline network. As the recent news out of Kyrgyz media indicated, the

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Kazakhstan’s Kuryk will be similar to Baku port   Kazakhstan is currently engaged in the construction of a new Kuryk port on the Caspian shore, which will be similar to Azerbaijan's Baku International Sea Trade Port. Gosman Amrin, deputy chairman of the

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Over 50 trains will pass Azerbaijan via TITR project in 2016 Roughly 53 container trains are expected to move along the Trans-Caspian International Transport Route (TITR) moving from China to Baku, Tbilisi and Istanbul in 2016, Askar Mamin, the head

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Russian hopes for Iran trade boom run aground at Caspian port   Trade to Iran down at Russian port after end of sanctions. The value of goods shipped from the Astrakhan region to Iran in the first four months of

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Turkmenistan seeks to expand export area of its energy resources Export of energy resources to European countries is among the issues of top priority for the Turkmen state. The country continuously studies the opportunities for entering the European market. Talking to

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Russia to provide Iran with €2.5 billion infrastructure loan   According to the minister, the allocation of the funds depends on contracts between Russian and Iranian companies. “Not all the risk can be calculated at the development stage. Building railways is

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Kazakh minister provides Kashagan update    Production at the Kashagan oil field is expected to resume this year, according to Kazakhstan’s Minister of Energy Kanat Bozumbayev. “The production at Kashagan will begin in late 2016. We are expecting to

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Greek Ministry of Environment and Energy ıssues ınstallation permit for TAP   The Greek Ministry of Environment and Energy has announced that it has granted Trans Adriatic Pipeline (TAP) its Installation Permit for Greece. Together with the Installation Act, secured

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Iran to attend St. Petersburg Intl. Economic Forum   High-ranking Iranian delegation led by Industry Minister will participate in the biggest international economic forum in Russia (SPIEF) with a focus on Iran’s plans for the post-sanction era. In

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Europe’s Final Hope For Energy Independence From Russia Europe’s reluctance towards reliance upon Russian natural gas trade is no secret. It’s also no surprise, due to fallouts between Russia and Ukraine (a major transit country for the trade)

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EIA forecasts decline in Kazakhstan’s oil output   Oil production in Kazakhstan will experience a decline from 1.73 million barrels per day in 2015 to 1.68 million barrels per day in 2016 and 1.7 million barrels per day in 2017, the

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Azerbaijan is knocking on Europe’s doors, and does so strongly Azerbaijan is enhancing its role in improving the energy security of Europe and strengthening its position in the European energy markets. Azerbaijan hosted the 23rd International Oil and Gas Exhibition titled

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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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Foreign company to assist in creation of Baku FTZ   A foreign company will be involved in the project on creation of a Free Trade Zone (FTZ) in the territory of the Baku International Sea Trade Port located in Azerbaijan's Alat

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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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Russian-Iranian alliance in Syria at crossroads   The meeting of the defense ministers of Iran, Russia and Syria at Tehran last Thursday raises more questions than answers. Why did Iran think it necessary to take such an initiative at

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Russian oil export duty seen rising to $95.9 per tonne in July Russia’s oil export duty is expected to increase 19 percent month-on-month to $95.9 per tonne in July due to higher oil prices,

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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

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Turkey’s Caspian Sea remarks in no way mend ties with Russia: Moscow   Turkish officials’ pronouncements on the inadmissibility of making "a Russian lake" out of the Black Sea in no way promote normalization in bilateral relations, Russian Foreign Ministry Spokeswoman

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Tehran-Astrakhan direct flight starts operation Deputy-minister of industry, mines and trade has said beginning from early June, flights has been operated directly between Tehran and Russian Caspian port city of Astrakhan. Valiollah Afkhamizadeh told reporters on Saturday

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Kazakhstan to resume oil production on Kashagan field   Oil output at Kazakhstan's Kashagan field is expected to start in October 2016. Kazakhstan's Prime Minister Karim Massimov gave the relevant instruction to Energy Minister Kanat Bozumbayev and KazMunaiGas national company during the

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Iran in talks with China, Russia lenders on finance hub plan   Iran plans to set up a financial centre on the free zone at Qeshm island as it seeks to attract financial institutions to a market of

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DP World considers further Kazakhstan investment in Silk Road push   DP World continued its search for investment opportunities along the China-Europe Silk Road with a meeting between the company’s chairman Sultan Ahmed Bin Sulayem and President of

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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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Operations at large Kazakh oil field run over schedule   Repair work at Kashagan oil field is carried out ahead of schedule in order to start oil production in October 2016, Energy Minister of Kazakhstan Kanat Bozumbayev said. He made the remarks

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Cargo flow from Ukraine to Kazakhstan through Azerbaijan may increase since July   The Ministry of Investments of Kazakhstan recommends from 1 July 2016 the carriers, engaged in international transportation from the territory of Ukraine to Kazakhstan, to organize their delivery

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Turkmenistan, China eye further co-op   Turkmenistan and China have confirmed their readiness to further enhance economic partnership in view of its enormous potential, national interests and a common vision for the future of the Asian region, the Turkmen government reported

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€2b to be invested in Greece within TAP project   About €2.3 billion of direct investment will be made in Greece within the construction project of Trans Adriatic Pipeline (TAP), Greek media reported citing SOCAR Energy Greece’s Head Anar Mammadov as

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EIA sees Azerbaijan as important oil and gas supplier to Europe   Azerbaijan, one of the oldest oil-producing countries in the world, is an important oil and natural gas supplier in the Caspian Sea region, particularly for European markets, the US

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Russia to Sign 4-Year Service Contract for Iran's Bushehr NPP This Year Russia’s Rusatom Service expects to sign Iran’s Bushehr nuclear power plant four-year contract by the end of 2016. Russia’s Rusatom Service, a subsidiary of the Rosatom atomic energy

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Lawmaker says Russia wants Turkey to change approaches to Syria, Iraq Turkey’s President Recep Tayyip Erdogan has offered his apologies to Russian President Vladimir Putin for the death of the pilot of the downed Russian plane Chairman of the Federation Council’s

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By Amina Nazarli The U.S. Energy Information Administration (EIA) has once again confirmed Azerbaijan’s importance in ensuring energy security both at regional and international scale. In its Country Analysis Brief report, EIA said Azerbaijan, one of the oldest oil-producing countries in the

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By Fatma Babayeva As Turkey’s relations with its biggest gas supplier – Russia worsened, many thought that the country needs to reduce dependence on Russia and diversify away from Russian gas. “It is the right time for Turkey to diversify gas import

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Russia has become the first Open Skies Treaty member to install digital equipment on its two surveillance aircraft, the Defense Ministry announced. Russian-made digital surveillance equipment installed on Tu-154M-LK1 and An-30B Open Skies fixed-wing aircraft

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Russia's lower house of parliament approved sweeping anti-terrorism legislation that requires companies to decrypt any message sent by users. The surveillance laws would enlist messaging apps, social networks, and other services in providing the Federal Security Service (FSB), the successor to

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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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Azerbaijan's state oil company SOCAR will produce about 3,650 tons of oil annually through commissioning of a new well being drilled at the Oil Rocks offshore field in the Caspian Sea. The well's projected depth is 1,050 meters and its daily

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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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U.S. oil major Exxon Mobil (XOM.N) and Britain's BP (BP.L) are at loggerheads over a giant oil production deal with Azerbaijan, blocking renewal of what was once called "the contract of the

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Ukraine has presented Azerbaijan a draft agreement on creation of international transport corridor ‘Baltic sea-Black sea-Caspian sea’. Gennady Zubko, Ukraine’s Vice Prime Minister and Minister of regional development, construction, housing and communal services announced about this while addressing the 11th meeting

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Russia and Turkey will “coordinate” their policies over Syria, the countries' foreign ministers said on Friday, in a major diplomatic realignment that could be a major blow for the Western goal of

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The European Union has formally agreed to extend its economic sanctions on Russia by six months until the end of January 2017, the European Council announced on Friday. The decision was long expected. It had been delayed until Friday because Italy

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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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LONDON (Reuters) - U.S. oil major Exxon Mobil and Britain's BP are at loggerheads over a giant oil production deal with Azerbaijan, blocking renewal of what was once called "the contract of the century", three high-level industry sources told Reuters. BP,

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TEHRAN, Jul. 02 (MNA) – Iranian RoboCup Committee Chairman Morteza Musakhani has been selected as Iran’s representative in the executive committee of Asia-Pacific Robocup competitions. “Holding the 11th edition of RoboCup IranOpen competitions in Tehran, gaining valuable

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TEHRAN, Jul. 02 (MNA) – Iranian ambassador to Azerbaijan said Zionist usurper regime is the root of all terror, instability and conflict in the Middle East. Speaking at an Iftar ceremony of Iran’s Embassy hosting a gathering

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The plane, an Airbus A300B2 of Iran’s flag carrier, Iran Air, had just taken off from the southern Iranian coastal city of Bandar Abbas at 10:17 a.m. local time (UTC 0330) with 274 passengers and 16 crew members on board,

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U.S. House of Representatives panel will debate legislation on Thursday intended to block Boeing Co's planned sale of dozens of commercial aircraft to Iran, which could also affect other planemakers, including Airbus if they became law. A Financial Services subcommittee will

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  The United States Republican-controlled Congress is set to block Boeing Co's planned sale of dozens of commercial aircraft to Iran. The House of Representatives was to debate an anti-Iran legislature on Thursday that could influence trade between Tehran and Boeing as

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A House subcommittee on Thursday will debate three bill aimed at halting Boeing’s sale of passenger jets to Iran. The House Financial Services Subcommittee on Monetary Policy and Trade plans to debate the measures aimed at stopping the largest U.S. business

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Iran’s crude oil production rose by 5,000 barrels per day (bpd) to 3.6 million bpd in June 2016, compared to May 2016, according to a Reuters survey. Iran almost doubled its exports since early 2016, Market Realist reported on July

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Russia considers Azerbaijan as important strategic partner for Russia in South Caucasus and Caspian Sea region, says FM   Azerbaijan is an important strategic partner for Russia in the South Caucasus and the Caspian Sea region, Russian Foreign Minister Sergei

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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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EBRD approves loan for Azerbaijan’s Caspian Marine Services   The European Bank for Reconstruction and Development (EBRD) approved a senior loan of up to $20.4 million to Caspian Marine Services Limited (CMS), read a message posted on the EBRD website July

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Why Iran Plays a Key Role in China's New Silk Road Project   Iran's geostrategic location has made it the key link in China's New Silk Road to Europe, while the Middle East has become one of Beijing's geopolitical

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F-35 Update: Software Hits Snags, Russian Radar Can Spot Fifth-Generation Jets     The controversial F-35 Lightning aircraft has been in the news several times over the last week, from problems with software tests to a Russian radar system that

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Elena Dunayeva: "Azerbaijan is a link between Russia and Iran"   The meeting of presidents of Russia, Azerbaijan and Iran will be held in the first decade of August. A senior fellow at the Center for the Study of the Middle

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DP World chief Sultan bin Sulayem on growth in India, Iran and prospects around the world   The ports operator DP World says that it remains ­positive on the medium- and long-term outlook for the

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Seeking the Prophet: On a spiritual quest through Iran   Two years ago, when I travelled the Silk Route from China to Georgia, we paused at Azerbaijan. The city of Baku took me by surprise. It blended modern Dubai with an ancient

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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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Persian leopards set to make roaring comeback in Russia's Western Caucasus   Researchers released three Persian leopards into the Russian wilderness today in the first-ever attempt to reintroduce the species into the wild. The animals are expected to become the founders of

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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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Russia approves granting loans to Bangladesh, Iran for construction of NPP, TPP In mid-December 2015, Rosatom received a general contract for construction of a nuclear power plant in Bangladesh, which may be worth around $12.65 according to estimates of some western

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Pro-Government Forces Advance in Syria Amid Talk of U.S.-Russia Cooperation   In Moscow on Friday, Secretary of State John Kerry and Foreign Minister Sergey V. Lavrov of Russia laid bunches of flowers in memory of the victims of the

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After Warsaw: NATO, Russia and the Future of Security in Europe   There was  a time when it was legitimate to wonder what NATO’s future role would be. Not anymore. If anything, the Atlantic Alliance is facing too many missions. Russia

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Russian Genetics: Abstracts and Summaries    Russians are the dominant ethnicity in Russia today. The Russian language belongs to the East Slavic family and is related to Ukrainian and Belarusian. The Russian people, too, are closely related to their Belarusian and Ukrainian

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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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The beginning of a Russian-Iranian alliance   There are a number of economic and geopolitical reasons why Russia could be looking for a broader alliance with Iran, the most important of which is the desire to check U.S. influence in the

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What to Make of Erdogan's Proposal for a 'Turkish-Iranian-Russian Alliance'   In a telephone conversation with Iranian President Hassan Rouhani on Tuesday, Turkish President Recep Tayyip Erdogan expressed his willingness to cooperate closely with Iran and Russia

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Kazakhstan's wheat production forecast at 13 million tonnes   Kazakhstan’s wheat production for market year 2016-17 is forecast at 13 million tonnes, same as the previous estimate, the U.S. Department of Agriculture’s (USDA) Foreign Agricultural Service (FAS) said in a July 15

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BP Tries to Regain Footing as It Recovers From Spill   Company aims to show growth but some aren’t sure it is primed for success BP PLC is under pressure from investors and analysts

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Trans Adriatic Pipeline compressor trains to be supplied by Siemens   The Trans Adriatic Pipeline consortium has ordered six 15MW SGT-400-driven turbo compressor trains from Siemens for the Trans Adriatic Pipeline (TAP). The TAP will transport Caspian natural gas to Europe,

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Dismal delivery puts big oil and gas energy projects at risk   Oil companies have tens of thousands of employees, tens of billions of dollars in reserves, and decades of experience in running large investment projects. Yet time and again big oil companies

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Russian diplomacy aims to accelerate Syrian endgame   The failed coup in Turkey has come as a god-sent opportunity for Russia to connect the dots. Russian diplomacy will be in top gear in Laos on Monday when Minister of Foreign Affairs 

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Travel Vaccines for Central Asia   Central Asia consists of the countries Kazakhstan, Uzbekistan, Kyrgyzstan, Tajikistan, and Turkmenistan. This region is bounded by the Caspian Sea and China on either side, while Russia is its northern boundary. While it is fun

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Tengiz Future Growth Project-Wellhead Pressure Management Project, Kazakhstan   The Tengiz Future Growth Project (FGP) -Wellhead Pressure Management Project (WPMP) is an integrated project being developed primarily to increase the production capacity from the Tengiz oil field and the adjacent Korolev

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US LNG export to compete with Russian pipeline supplies in Europe   Russia’s proposed new gas supplies to Europe will compete with the US LNG export to that region, analysts of the US JP Morgan bank expect. Last week a cargo of

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Chabahar: In the Grand Chessboard of India’s Geo-Strategic Calculus   by Jajati K. Pattnaik and R. P. Pradhan Prime Minister Narendra Modi’s recent visit to Tehran marks a new geopolitical beginning in the Persian Gulf region putting Chabahar in the

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Iran self-sufficient in wheat for 2nd year   Iran expects its state-sponsored purchases of wheat from domestic farmers to surpass 10 million tonnes this year, Agriculture Minister Mahmoud Hojjati says. Harvests in the 2016/2017 crop season are on track to make

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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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Azerbaijan Ready to Implement Electricity Corridor With Iran, Russia   Azerbaijani Energy Minister Natig Aliyev said that Azerbaijan is technically fully prepared to join the North-South energy corridor connecting Iran and Russia. Azerbaijan is prepared to integrate its electric

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Iran, Russia discuss creation of satellite, free trade zone   Russian companies are interested in the Iranian market, said Russia’s Energy Minister and Co-chair of the Russia-Iran Intergovernmental Commission on Trade and Economic Cooperation Alexander Novak. Novak made the remarks during the

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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   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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Russia's MiG-35 Fulcrum-F: Ready for Battle against America's F-22 or F-35?   The Mikoyan MiG-35 Fulcrum-F is set to enter testing in 2017 with deliveries to the Russian Aerospace Forces starting in 2018. Flight tests for the new advanced

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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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West playing with fire by curbing Aleppo liberation   While Syrian Army siege over Aleppo is completed and the biggest city of country is expected to be liberated in near future, West and some Arab states try to hinder

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Russian ambassador: Iran’s missile tests did not violate UN resolution   The Russian Ambassador to Tehran has rejected the claim that Iran’s missile tests were not consistent with the spirit of the United Nations Security Council Resolution 2231. In an

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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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From Caspian Sea to Central Asia: Russia, Iran Mull Joint War Games   Russia and Iran have agreed to hold joint military exercises, the newspaper Izvestia wrote, citing Defense Minister Sergei Shoigu who had earlier met with General Vali Madani,

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Russian-Iranian cooperation in the pharmaceuticals sector is on the upswing. Recently, Petrovax Pharm, a leading Russian pharmaceuticals innovator, signed a deal with Iranian counterpart Arvin Biopharma LTD on the production of its influenza vaccine inside Iran. The Iranian

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Iran’s oil minister to mull oil, gas co-op with Azerbaijan   Iran’s Oil Minister Bijan Namdar Zanganeh will visit Baku Aug. 7 to discuss the cooperation in oil and gas sector with Azerbaijani officials. Zanganeh, who will accompany Iranian president Hassan Rouhani

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South Korea’s KNOC in talks with Kazakhstan to drop oil field project   State-owned Korea National Oil Corp (KNOC) is in talks with the Kazakhstan government to pull out of an oil field project due to disappointing exploration results, a KNOC spokesman

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'Rouhani-Putin-Aliyev meeting to set in motion regional convergence'   Iranian Ambassador to Baku Mohsen Paka'ein asserts that the tripartite meeting between presidents of Iran, Russia, and Azerbaijan in Baku on August 8 will open a new chapter in regional

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Russia, Iran Consider Rail Link to Snag Share of Suez Traffic   Russia and Iran agreed to strengthen transport connections, including a potential railway link through Azerbaijan that would aim to grab a share of the

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Russia, Iran, Azerbaijan Plan to Boost Trade Via Major Transport Project   The International North–South Transport Corridor (NSTC) is expected to become the key topic on the agenda of a summit involving Russian President Vladimir Putin, his

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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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Oil and Gas Drilling Threatens Little-Known but Unique Seal   The 20th century was not kind to the Caspian seal. About 100 years ago, an estimated 1 million of these four-foot-long marine mammals swam the waters of the Caspian Sea, the world’s

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'Rouhani-Putin-Aliyev meeting to set in motion regional convergence'   Iranian Ambassador to Baku Mohsen Paka'ein asserts that the tripartite meeting between presidents of Iran, Russia, and Azerbaijan in Baku on August 8 will open a new chapter in regional

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Shipyard in south Russia to lay out first cruise liner in post-Soviet time The construction of the cruise liner is expected to be completed in 2019. The vessel was ordered by the Moscow River Shipping Company The Lotos shipyard in

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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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<header class="article-header entry-header"> Kazakhstan seeks International Arbitration ruling over investment in Romania </header>   KMGI Deputy Director General Azamat Zhangulov talks to New Europe in an interview about his company’s investment in the Balkans region Nine years ago, in the Balkans,

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 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 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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Kazak president to visit Baku   Kazakh President Nursultan Nazarbayev will visit Azerbaijan, Serbia, Armenia and a number of other countries in 2016. Kazakh Foreign Minister Erlan Idrissov announced about this at a briefing on August 17, RIA Novosti reported. In June, Idrissov

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Russia and Iran Fly Across a Key Threshold in the Middle East   Relations between Iran and Russia continue to warm Looks like the U.S. and its allies have a new “axis of evil” in the Middle East: Syria,

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Iranian-Russian defense coop. ‘not unexpected’   Adviser to the Leader of the Islamic Revolution has said Russian and Iranian military cooperation which is defensive should not provoke shock and awe in the international community as an unexpected development.

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Oil production up in Turkmen sector of Caspian Sea   Dragon Oil increased oil production in the Turkmen shelf of the Caspian Sea to almost 2.143 million tons in the first half of 2016, the

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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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Analysts: Strategic triangle of Russia-Iran-Turkey hardly on agenda   On the one hand, Russia is settling relations with Turkey and on the other, it expands relations with Iran The current trend towards Russia’s cooperation with Iran, on the one hand, and the

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Iran eyes resumption of oil swap operations   Iran, which ranks the fourth in the world for the volume of its proven oil reserves, is about to resume oil swap scheme with Caspian littoral states

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 Topaz buck trend with H1 profit, reveal 1.6bn dollar order backlog Topaz Energy and Marine has achieved what most operators in the battered offshore sector can only dream of – a first half profit – courtesy of a “rigorous cost containment

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Azerbaijan realizes 45.5 percent of its SGC financing obligations Azerbaijan is fully committed to invest in Southern Gas Corridor (SGC), including the Shah Deniz-2 project, and continues to meet its financial obligations on time, SGC Co CEO Afgan Isaev told Natural

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SOCAR to up capacity of gas storages   Azerbaijan’s state energy company SOCAR announced about plans to increase capacity of its underground gas storages. The decision was taken during a panel meeting of SOCAR’s Azneft Production Union dedicated to the results of works

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Lawmaker Confirms Iran Received S-300 Air Defense Systems From Russia   The chairman of the Iranian parliamentary committee on foreign policy and national security confirmed Wednesday that Iran had received S-300 air defense systems from Russia.   On Saturday, Iranian Defense Minister Hossein

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Nojeh airbase; climax of Iran-Russia defense cooperation   Deploying Iran’s airbase by Russia Air Force to attack terrorist positions in Syria has been proved highly controversial, however, it indicates the close ties Iran and Russia hold countering terrorism

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Turkmenistan seeks to deliver its hydrocarbons to West   Turkmenistan, an energy-rich Central Asian nation with abundant hydrocarbon reserves, is keen to diversify the routes of its gas export. Being the sixth in the world for the volume of natural gas reserves, the

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SOCAR reveals volumes of oil & gas export   Georgia and Turkey have so far received 5.5 and 41 billion cubic meters of gas respectively through the Southern Caucasus Pipeline as part of Shahdeniz-1 project, said Khoshbakht Yusifzade, the first vice-president

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Bumi Q2 earnings decline   Malaysian FPSO player Bumi Armada reported 12.2% lower revenue of RM402.9 million and net loss of RM518.3 million in Q2 2016 due to lower income from its floating production storage and offloading (FPSO), and floating gas

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Arrested terrorists in Iran gave up valuable info on Saudi support   Senior Iranian MP Alaeddin Boroujerdi said the detained terrorists in Iran have given up valuable information to security forces about the role and support of Saudi Arabia toward terrorist

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Is Putin the new Stalin? ‘Tom’ thinks Vladimir Putin is the new Josef Stalin. As he’s never been to Russia, his views surely reflect the power of a Western media narrative which continuously demonizes the Russian President. Last week, an optician from

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The future of Russian-Iranian cooperation in Syria   Moscow and Tehran appear to be united in their position on Syria, even if Russian military airstrikes may no longer be possible from bases within Iran. Seventy-five years have passed since August 1941, when

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Iran, Italy to coop. on Tehran-Chalus highway   Deputy road minister has announced Iran’s collaboration with an Italian company for the architectural design of Tehran-Chalus highway. Speaking at a meeting with representatives of the Italian company responsible for

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 Summit Signals Russia’s New Strategy Towards Iran Faced with recent strains in the relationship, Moscow has expanded its dialogue with Tehran to issues beyond the Syrian conflict. Hassan Rouhani, Ilham Aliyev and Vladimir Putin meet in Baku. In early August, Russian

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Challenges and Prospects of International Transport Routes Discussed in Aktau   The Caspian and Black seas regions international conference, designed to address efficient logistics in the countries with the participation of Caspian and Black sea regions representatives, took place Aug. 24-25 in

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First Shah Deniz 2 platform jacket heads offshore   The Shah Deniz consortium says the jacket for one of the Shah Deniz Stage 2 platforms has sailed away from the Heydar Aliyev

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Europeans seek to work in Iranian sector of Caspian sea   Energy-rich Iran is currently in talks with companies from Norway, the Netherlands, and the United Kingdom, which have already expressed their willingness to work with Tehran on oil and gas

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China, Kazakhstan eye implementation of joint projects   China and Kazakhstan, the two strategic partners, are planning to implement some 51 joint projects in different spheres of Kazakhstan’s economy, Kazakh President Nursultan Nazarbayev announced about this following his working visit to

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Local rivers under mudflow threat   Heavy rains of the past few days increased a risk of mudflows and floods in some mountains rivers of Azerbaijan, said Elbrus Alizadeh, the deputy director of the Geography Institute under the Azerbaijani National Academy

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Russian delegation confirmed at the WIBC 2016   The 23rd World Islamic Banking Conference (WIBC) will welcome a delegation from the Central Bank of Russia, headed by Mr. Alexander P. Torshin, State Secretary - Deputy Governor. The Russian

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What are Russia's objectives in the Middle East and in the Caspian?   August was a month of active Russian diplomacy in the Middle East and the Caspian region. A meeting between Russian President Vladimir Putin, Azerbaijani President Ilkham Aliyev and

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Eurasian security: from Baku to Moscow and beyond   A series of meetings in August between the leaders of the most influential states in the South Caucasus could have broad implications for the entire region. On Aug. 8, Russian President Vladimir

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DP World to help Azerbaijan develop FTZ   DP World is to advise the government of Azerbaijan and Port of Baku on developing the country's Alyat Free Trade Zone (FTZ). The agreement was signed

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Azeri Minister: We share same ideas with EU as to diversification of gas exports to Europe - INTERVIEW Azerbaijani energy minister Natig Aliyev’s interview to APA   - Realization of the Southern Gas Corridor project coincided with the period of cheap oil. The

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Iran central part of Silk Road   Austrian President of International Institute for Peace (IIP) has said Chinese effort to revive classical Silk Road is unlikely to incite animosity from European countries. Payman Yazdani of Mehr News International

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NICO, Total to sign oil swap contract   Iran’s Naftiran Intertrade Company Sàrl (NICO) and France’s Total S.A. Company have agreed on sealing an oil swap deal. Naftiran Intertrade Company Sàrl (NICO), a Swiss-based subsidiary of the National

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New Caspian oil fields to add to glutted global market   Two new Caspian Sea oil fields are due by the end of this year to add significant volumes of crude to a world market

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Two Caspian Sea Projects Could Add 200 MBOPD by Year-End   Even as Russia discusses a production freeze with Saudi Arabia, Caspian Sea projects could add to the glut Oil prices have improved this week in part thanks to renewed talks amongst

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World oil prices can be depressed by two new Caspian Sea oil fields   The global oil market has recently revived after Russia and Saudi Arabia finally agreed to cooperate on the stabilisation of the prices. At the same time two

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Why the future of the Russian oil and gas industry is in the Caspian   Russia’s leading energy companies are now eyeing the Caspian Sea as a source of high-volume, high-quality hydrocarbon reserves. The Caspian

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SOCAR: Total may start drilling at Absheron field in mid-2017   French company Total may start drilling the first well at the Azerbaijani gas field Absheron in mid-2017, Rovnag Abdullayev, head of the Azerbaijani state oil company SOCAR, told reporters in

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Iran interested in Russian tourists   Russia plans to develop tourist relations with Iran, the Association of Tour Operators of Russia (ATOR) said. The advisor at the Iranian embassy in Russia, Hassan Saleh Majd, said that Russia and Iran currently operate 8-9

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Turkmenistan opens $2.3 billion bird-shaped international air terminal   Turkmenistan opened a $2.3 billion air terminal at Ashgabat International Airport on Saturday as part of its bid to become an international transport hub and offset a plunge in traditional revenues from gas

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Turkish company to build major new port in Turkmenistan   Turkish construction company GAP, owned by the Çalık Group, will build a port in the city of Turkmenbashi on Turkmenistan’s Caspian Sea coast over four years, Hurriyet reported. The

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Kazakhstan targets to increase its oil output   Energy-rich Kazakhstan is planning to increase its oil production to 79.5 million in 2017 with further growth up to 86.5 million tons in 2021. The target is

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Russia receives hopeful signals from Iran on oil prices   With Russia having agreed with OPEC member Saudi Arabia earlier this month to cooperate to limit future oil output, news that Iran would support moves to stabilise the global oil market

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EBRD Backs Bulgaria's Plans for Gas Hub in Varna The European Bank for Reconstruction and Development (EBRD) is prepared to back Bulgaria's plans for a regional natural gas hub and will support the project financially if it proves viable, the bank's

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Oil Rebounds on Talk of Russia-Iran-OPEC Cooperation Russia supports year-long deal to stabilize oil, its OPEC representative tells Interfax Oil prices rebounded from a new one-month low Tuesday after further talk of cooperation to cap output among the world’s largest oil exporters. Russia

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Russia Is Pumping Oil at Its Fastest Pace Since the Soviet Era     September output has averaged 11.09 million barrels a day     Putin gives command to start Siberia’s East Messoyakha field   Russian oil output rose to a record ahead of

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Kashagan oil maybe transported via Azerbaijan   Energy-rich Kazakhstan may start oil export from its large Kashagan field through Azerbaijan in 2017.  Kazakh Energy Minister Kanat Bozumbayev said that the country does not exclude the possibility of transporting oil through Azerbaijan,

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Gas Pipelines Threaten EU Climate Goals, Critics Contend Civil society campaigners have accused the European Union of pouring unprecedented amounts of state aid into a huge energy project that runs counter to its own climate change objectives. Critics say funding the construction

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Kazakhstan offers SOCAR to take part in Eurasia project   Kazakhstan offers Azerbaijan’s state oil company SOCAR to consider the possibility of participation in the international Eurasia project, according to the protocol of the 13th session of the Kazakhstan-Azerbaijan intergovernmental commission

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Russia, Saudi Arabia and Iran are meeting to discuss oil this week – and this is why it matters   If you have low expectations you won’t be disappointed – not a bad way to approach life, as well as economics.

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Russia Cuts Tariffs on Import of Seafood from Iran   Russia has reduced tariffs on the import of seafood from Iran by some 16 percent, Head of Iran’s Fisheries Organization Hassan Salehi announced, expecting a five-fold increase in the exports

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Turkey, Turkmenistan and Azerbaijan aim to increase connectivity   Turkey needs to preserve the existing business volumes in established markets like Russia and the Middle East and expand in markets that offer relatively safer business environments such as Turkmenistan, Kazakhstan, and

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<header class="article-header entry-header"> Kazakhstan Caspian pipe delayed indefinitely despite Kashagan restart </header>   The rapidly approaching date of re-start of production at Kashagan on October 23 automatically reanimates the question of the need for construction of another major project, namely,

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Kazakhstan eager to join huge oil transportation systems via Azerbaijan   Azerbaijan and Kazakhstan, the two oil rich countries with tremendous oil reserves, eye prospects for deepening cooperation in energy sphere. The two countries are planning to lay new Eskene-Kuryk-Baku oil pipeline

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2 Russian ships take cruise missiles to Mediterranean for Syrian anti-terror op   Two Russian vessels will join up with Russia’s permanent naval fleet in the Mediterranean Sea, where they will assist in the military operation against Islamic

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OPEC and Russian officials plan informal talks in Istanbul   Energy ministers from Saudi Arabia, Iran and Iraq will be among representatives of key OPEC producers meeting Russian officials for informal talks on oil output in Istanbul next week,

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Only Russia, Turkey, Iran Can Stop West From Keeping 'Controlled Chaos' in Syria   Russia, Turkey and Iran are the only countries who can resolve the Syrian conflict and prevent the West from escalating violence in the Middle East, President of the

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IIKSS- FAO Representative to Iran and the Head of Iran Fishery Organization (SHILAT) has signed a project agreement to improve genetic resources of rainbow trout fish in the country. Signatories of the project agreement were Mr. Serge Nakouzi,

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IIKSS- Abu Dhabi-based company to target members of Commonwealth of Independent States such as Kazakhstan and Azerbaijan in the coming years Abu Dhabi: Abu Dhabi based oilfield services company Al Mansoori is planning to expand into CIS (Commonwealth

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IIKSS- Russia's oil output set a new post-Soviet era record high in October, rising 0.1 percent from September to 11.2 million barrels per day (bpd), energy ministry data showed on Wednesday. The rise underscores the difficulty the government

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IIKSS- The place was literally and figuratively a crossroads. It wasn’t just the point where north-south highways and rail lines met their east-west compliments but the turning point of an entire nation going in a new direction. Extending

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IIKSS- Russia has criticized the United States for hindering Russian diplomats’ access to polling stations to monitor the US presidential election, warning that American diplomats will not be allowed to observe any future elections in Russia. Christopher

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IIKSS- Russian President Vladimir Putin delivers a speech during celebrations for Navy Day as it rains in Baltiysk Thomson Reuters In the November issue of the US Naval Institute's Proceedings magazine, Commander Daniel Thomassen of the Royal

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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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IIKSS- Tehran is hoping to sign new agreements with Russian energy companies by mid-December, Iran's Deputy Oil Minister Amir Zamaninia said Thursday. "We hope that by the second half of December, we are ready to sign

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IIKSS- Russian President Vladimir Putin has become one of the first global leaders to congratulate Trump with the victory, expressing hope that the two countries will continue collaborative work on international issues. Japan's Prime Minister Abe congratulated

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IIKSS - Neither the United States nor Russia can cope with the terrorist threat alone, Russian presidential press secretary Dmitry Peskov told TASS on Friday. "It is impossible to defeat terrorism by yourself," Peskov, who is currently in

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IIKSS - Voters in Bulgaria and Moldova could extend Moscow’s influence in eastern Europe on Sunday in potential fresh blows to the European Union. Bulgarians are expected to elect a Russia-friendly former air force commander as president in

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IIKSS - The media has become a key battleground in the current conflict between Russia and the West, with Russia’s two state-funded, U.S.-based media outlets at the forefront. RT America and Sputnik are responsible for crafting the Russian

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IIKSS - The son of Turkmen President Kurbanguly Berdymukhamedov has become a parliamentary deputy, state television in the isolated Central Asian nation reported on Wednesday, a possible sign that he is being groomed to eventually succeed his father.

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IIKSS -  Russia is profoundly disappointed with the results of the 8th Review Conference of the Biological and Toxin Weapons Convention (BTWC), the Russian Foreign Ministry said on Monday. The conference was held in Geneva on November 7-25.

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IIKSS - The project for creating Russia’s super-heavy space rocket and launch pad for it will cost approximately 1.5 trillion rubles (roughly $23 billion at the current official rate of exchange), the first deputy CEO of the state-run

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IIKSS - Since 2007, the European Union has successfully implemented 48 twinning projects in Azerbaijan. Jeroen Willems, Head of the Cooperation Section of the EU Delegation in Azerbaijan announced about this during the event dedicated to summing up

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IIKSS - Forestalling the agenda of the session, the Leader of the Nation, addressing the participants, noted that historical event was held recently in Ashgabat, the Global Sustainable Transport Conference was organized and conducted on high level under

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IIKSS - The 21st International Exhibition and Conference "Oil and Gas of Turkmenistan 2016" will be held in Ashgabat on December 7-9, the Turkmen government said in a message. According to the message, the specialists from 40 countries

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IIKSS - Japan and Russia have decided to create a ¥100 billion ($880 million) fund with the aim of promoting economic cooperation, sources close to the matter said Sunday. The planned fund will be set up probably next

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IIKSS - Kazakhstan develops alternative energy, actively applying new technologies which allow rational use of natural resources. For instance, the first wind farm is successfully operating in Akmola region. Since the launch, the farm generated 193 million kilowatts

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IIKSS - A group of specialists have conducted an environmental monitoring on the underlying platform, built for an artificial island southeast of the Caspian Sea, the Neutral Turkmenistan newspaper reported. "The island is rapidly overgrown with saline grasses,

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IIKSS -  Mubariz Aslanov . Azerbaijan expects economic growth in 2017 and the next three years, Ogtay Asadov, Speaker of Azerbaijani Parliament, said at a parliamentary plenary session. Azerbaijan’s Milli Mejlis (parliament) began on Tuesday a three-day plenary

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IIKSS - President Gurbanguly Berdimuhamedov held extended session of the Cabinet of Ministers of Turkmenistan where outcomes of the government activity and work of branches were summed up for the past 11 months of the year. The

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IIKSS - Azerbaijani exporters will have a chance to participate in international exhibitions to increase awareness about the local production and advertise the products on foreign markets. The Economy Ministry of Azerbaijan has already started to receive applications

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IIKSS - Iran is going to participate in construction of renewable energy plants in Kazakhstan and the two countries are expected to sign a memorandum of understanding in this regard, Shana quoted a Kazakh official as saying on

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IIKSS - Turkmenistan’s economic growth has slowed down as a result of external factors, although domestic non-hydrocarbon growth has been supported by credit and structural policies in support of diversification, Mr. Martin Sommer, head of an International Monetary

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IIKSS - Germany-based engineering company Siemens has offered a credit facility of around $2.5 billion on the supply of compressors for Turkmenistan-Afghanistan-Pakistan-India (TAPI) gas pipeline, a vital development in efforts to press ahead with the project at a

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IIKSS - Turkey’s Customs and Trade Minister Bulent Tufenkci has voiced his country’s intention to simplify customs procedures with Azerbaijan, and establish a “green corridor”, similar to the one existing between Russia and Turkey. “Turkey’s Ministry of Customs

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IIKSS - The Russian State Duma approved on December 21 a bill "On ratification of the Agreement on cooperation in the field of emergency prevention in the Caspian Sea". The deal was inked in September 2014 in the

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IIKSS - Azerbaijan and Kazakhstan have held consultations on the legal status of the Caspian Sea in Baku. Deputy Foreign Minister Khalaf Khalafov represented Azerbaijan, while ambassador-at-large at the Foreign Ministry Zulfiya Amanzholova attended the consultations on behalf

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IIKSS - Turkey’s foreign minister Sunday said Russia has kept its recent promises to Turkey on upholding the cease-fire in Syria. "In recent days, Russia has kept its promises on all efforts regarding the cease-fire, for humanitarian aid,

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IIKSS - Kremlin spokesman Dmitry Peskov said that Russia and Kazakhstan plan to sign a cooperation agreement regulating cooperation on the use of Baikonur Cosmodrome. Spacecraft MOSCOW (Sputnik) – Russia and Kazakhstan plan to sign a cooperation agreement

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IIKSS - A two-day seminar under the project “Supporting climate resilient livelihoods in agricultural communities in drought-prone areas of Turkmenistan” implemented by the State Committee on Environment Protection and Land Resources of Turkmenistan jointly with the United Nations

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IIKSS - More than 10,000 vehicles valued at 61.5 billion tenge (US$185 million) were produced in Kazakhstan during the first 11 months of 2016. The government aims to achieve 50-percent localisation in vehicle production and increase the export

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IIKSS - Marat Issekeyev, a scientist from Kazakhstan, has invented a cheap wind turbine that can generate almost 1.5 times more electricity than comparable turbines.     Kazakhstan scientist invents new, more powerful, wind turbine Mr. Issekeyev, who holds

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IIKSS - Baku-Tbilisi-Kars railway will go into service in mid-2017, Turkey's Transportation Minister Ahmet Arslan said Saturday. The minister's remarks came in Ankara during a press briefing on the year review. "We will finish the Baku-Tbilisi-Kars railway project

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IIKSS - The Azerbaijan government has announced the road map for ICT development, reports Trend. This will include investment in the deployment and upgrade of fibre broadband networks worth AZN 125 million until 2020. ADSL will be replaced

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IIKSS - The President of Azerbaijan, Ilham Aliyev, has issued a suite of Strategic Road Maps which will see AZAL Azerbaijan Airlines' ageing aircraft fleet updated, airport infrastructure upgraded, and direct flights to Europe doubled. The comprehensive set

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IIKSS - The Ministry of Economy and Development of Turkmenistan has announced privatization auction for 34 government-owned companies, the state news agency said. The auction will be held on January 31, 2017. Theses companies are located in different

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IIKSS - Kazakhstan's Ambassador to the United States, Kairat Umarov, quietly affirms (without boasting) that 'We expect our next 25 years of independence to be better than our first 25 years.' Asked to elaborate, he simply, and correctly,

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IIKSS - A business mission representing Russia’s South Urals Chamber of Commerce and Industry (SUCCI) will pay a visit to Azerbaijan in June 2017. The visit is expected to enhance the relations between the entrepreneurs of the two

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IIKSS - Dadebay Amangeldyev and Bayram Annameredov have been appointed the new deputy chairmen of Turkmenistan’s Cabinet of Ministers, according to President Gurbanguly Berdimuhamedov’s decrees. Amangeldyev will supervise the power and construction industries, while Annameredov is to supervise

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IIKSS - The railroads of Iran and Azerbaijan will be connected in a month, according to Minister of Communications and Information Technology Mahmoud Vaezi. The two country’s rail networks will be linked via a 10-km route connecting the

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IIKSS - Iranian Oil Minister Bijan Zangeneh said that the country’s revenue of oil and condensate is expected to hit $41 billion by the end of the current Iranian calendar year (which ends on March 20, 2017). Minister:

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IIKSS - Kazakhstan is to cut its uranium output by 10% in 2017. The world’s biggest producer of the nuclear fuel plans to make the reduction in the face of a prolonged supply glut that has seen its

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IIKSS - Turboprop maker ATR has completed commercial negotiations with IranAir for the sale of at least 20 aircraft and expects to be able to sign a contract very soon, the head of the Franco-Italian aircraft maker said.

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IIKSS - Under Rex Tillerson, the US will try to diminish Russia's clout in Central Asia and play against the Shanghai Cooperation Organization, Russian expert Alexey Fenenko told RIA Novosti. In an interview with RIA Novosti, Alexey Fenenko,

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IIKSS- Iranian President Hassan Rouhani in message on Tuesday congratulated Gurbanguly Berdimuhamedov for his reelection as the president of the Central Asian state. President Rouhani expressed the hope that Berdimuhamedov’s new term would result in further expansion of

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IIKSS-  Afghan President Ashraf Ghani and his Turkmenian counterpart, Gurbanguly Berdimuhamedov have discussed on the phone implementation of the Turkmenistan-Afghanistan-Pakistan-India (TAPI) gas pipeline project. Both the leaders on Thursday also discussed further development of bilateral relations and regional

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IIKSS - With all the expectations that Russian businesses had about Iran after the lifting of American sanctions, the 60% growth in Russia-Iran trade from $1.2 billion in 2015 to almost $2 billion in 2016 can hardly be

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IIKSS -  The plan, reported by the New York Times on Sunday, calls for the "withdrawal of all Russian forces" from eastern Ukraine and a referendum to lease Crimea to Russia for 50-100 years. It was reportedly authored

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IIKSS -  Russia is constantly improving its nuclear deterrence and is very close to deploying new technologically-advanced intercontinental ballistic missiles which can defeat any US missile defense systems, a Russian deputy prime minister said in an interview.  “These

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IIKSS- Russian President Vladimir Putin will meet with President of Kazakhstan Nursultan Nazarbayev in Almaty on February 27. The two presidents are expected to discuss current bilateral cooperation in trade and the economy, culture and the humanitarian sector,

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IIKSS- Mehriban Aliyeva's appointment as the First Vice-President of the Republic of Azerbaijan was a verified decision of President Ilham Aliyev, the Deputy Chairman of of the State Duma Committee for Information Policy, Information Technologies and Communication, Alexander

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IIKSS- Azerbaijan’s Minister of Economy Shahin Mustafayev entered Ardebil Province in northwest Iran on Wednesday to take part in a business forum. Heading a 50-member economic delegation, the minister discussed ways of expanding transactions with Iran, particularly in

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IIKSS- Iran’s major car-maker plans to open new plants in neighboring Azerbaijan. The issue was on agenda of the Azerbaijan-Iran Business Forum in Urmia, where a delegation headed by Minister Shahin Mustafayev arrived in to discuss expansion of

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IIKSS- Last week, Russia and Iran launched the construction of the Sirik 1.4-gigawatt thermal nuclear plan in the city of Bandar Abbas in southern Iran. The opening ceremony was attended by Russian Energy Minister Alexander Novak. In mid-December

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IIKSS- The president of the former Soviet Republic of Kazakhstan, Nursultan Nazarbayev, described Russia as the Central Asian nation’s number one partner during talks Monday with counterpart Vladimir Putin in Almaty. “For our country, Russia remains the number

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IIKSS- A team at International Research Networks (IRN) organised an excellent Iran Business Symposium on Feb. 21+23, 2017, at the Renaissance Hotel in Amsterdam. It was attended by Switzerland, Germany, Turkey, Italy, and many other EU countries and

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IIKSS- A team at International Research Networks (IRN) organised an excellent Iran Business Symposium on Feb. 21+23, 2017, at the Renaissance Hotel in Amsterdam. It was attended by Switzerland, Germany, Turkey, Italy, and many other EU countries and

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IIKSS- NATO's top leadership and member states' officials have been invited to the Moscow Security Conference, Russia’s Defense Ministry has said, reaffirming its persistent pursuit of open dialogue amid the alliance’s firm rejection of military cooperation. “Despite suspended

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IIKSS- Russian and Iran will prepare a road map for the development of bilateral cooperation in the medium and long term, Mahmoud Vaezi, Iranian Communications and Information Technology Minister and co-chairman of the Russia-Iran intergovernmental commission, said during

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IIKSS- Russia is a natural land bridge. The country stretches from the farthest fringes of the east to the brink of the west; it spans across nearly the entirety of the Eurasian landmass, from the Bering Sea to

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IIKSS- Fitch Ratings gives speculative-grade rating to the state energy company in Azerbaijan, where oil production is on the decline. March 17 (UPI) -- The state energy company of Azerbaijan, a party to OPEC-led balance efforts, beat its

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IIKSS- Azerbaijan’s ambitious Southern Gas Corridor project has the potential to further estrange EU-Moscow ties and trigger energy price wars. A white metal building protruded upwards in a large empty field along the coast of the Caspian Sea

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IIKSS- When leaders of Azerbaijan and Georgia took part in a session titled “The Silk Road Effect” at the 2017 World Economic Forum in Davos, they were predictably eager to promote the importance of the China-led Silk Road

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International Institute of Khazar Studies (IIKSS) - In an interview with International Institute of Khazar Sea Studies (IIKSS) (Farsi), Bahram Amirahmadian, an assistant professor at University of Tehran and the senior fellow at IRAS, discussed some deeper layers

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Analysis of fluctuation of the budget of Azerbaijan and its political consequences International institute of khazar sea studies (IIKSS) - Currently, the economy is one of the most important index of the assessment of countries and also

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The analysis of the political weight indexes of the Republic of Kazakhstan and the political and economic factors affecting them International Institute of Khazar Studies (IIKSS) - Kazakhstan can be considered the country that has been at the

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The turbulent waves in the political society of Azerbaijan (government stability (government weight) index of Azerbaijan Republic) International Institute of Khazar Studies (IIKSS) – The Republic of Azerbaijan has a 26-year government with a stability index of

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Ratio of population and territory in the Republic of Kazakhstan and its impact on the political weight of this republic International Institute of Khazar Studies (IIKSS) – Kazakhstan is a country with high per capita land because

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The budget per capita of Azerbaijan and its effect on the political weight and government weight of this country Note: the budget per capita index is different from the budget per capita. The budget per

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TEHRAN, Apr. 29 (MNA) – Deputy Oil Minister Hamidreza Aqaqi said, “Islamic Republic of Iran has announced its readiness to swap Turkmenistan gas destined for Pakistan.” He made the above remark while referring to the

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Beijing has officially opened its new train route to Iran, as the US urges its companies to wind down their operations with Tehran. As US President Donald Trump hardens his confrontational attitude to Tehran, tearing up the 2015 nuclear

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Russia appears to be taking a long-haul approach to economic relations with Iran, one based on patience and building a solid base for cooperation. When Iranian Foreign Minister Mohammad Javad Zarif visited Moscow on May 14,

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Iran and Azerbaijan will strengthen bilateral cooperation despite the present difficult situation on the international arena and the expected US sanctions against Iran, Dr. Ahmad Alireza Beigi, a representative of the parliament of Iran, told Trend. "Even taking into

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The working meeting of experts of the Caspian states will be held in Astana on June 18-19, First Deputy Minister of Foreign Affairs of the Republic of Kazakhstan Mukhtar Tleuberdi told reporters June 12. "On June 18-19, Astana will

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Senior officials from Iran, Russia and Turkey will meet in Geneva on June 18-19 for consultations with the United Nations about setting up a constitutional committee for Syria, U.N. Syria envoy Staffan de Mistura said in a statement on

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The meeting in Geneva on Syria between Russia, Iran and Turkey which began on Monday is very important, said UN Special Envoy for Syria Staffan de Mistura. “I am very interested in this meeting because it

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Kazakhstan and Uzbekistan will increase the number of flights. The relevant agreement was concluded in Astana by Chairman of the Civil Aviation Committee of the Ministry of Investment and Development of Kazakhstan Talgat Lustaev and Deputy Head of the Uzbek

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The Labyrinth of the Caspian Sea Legal Regime in an interview with Tasnim Dr. Maysam Araee Daronkola, the director of the International Institute of Khazar Sea Studies (IIKSS) in an interview with Tasnim News Agency International

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Turkmenistan needs to cooperate with Azerbaijan and Turkey to enter the gas market in Europe, expert on Central Asia, Bruce Pannier, stated last week. On June 22, the Russian legal information portal published the full

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Calls for protests against Kazakhstan's authoritarian ruler by an exiled opposition leader on the 20th anniversary celebrations of Astana's establishment as the Kazakh capital appear to have fallen flat. Security was tight late on July 6 at concerts marking

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Is it possible to go to the International Court of Justice to resolve the legal regime of the Caspian Sea? International Institute of Khazar Sea Studies (IIKSS) - After a period when was viewed emotionally to the

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Syria may be the main topic of discussion between Vladimir Putin and Donald Trump at the pair's July 16 summit in Helsinki, according to sources cited by Russia's Kommersant newspaper. Moscow has already passed along to

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At the official level at least, Kazakhstan and Russia have been exchanging pleasantries this week as they marked the 20th anniversary of a formal declaration of friendship and partnership. But a slight unease and tension is not hard to

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On May 7, a day before the president Donald Trump announced that the US would withdraw from the Iran nuclear deal, a former US ambassador to Russia gave a prescient warning, telling Quartz that the withdrawal would play straight

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Russia has reportedly rejected an Israeli demand to keep Iranian military advisors away from the occupied Golan Heights. Israel's Ynetnews website reported on Friday that Moscow had so far turned down the Israeli request to remove Iranian advisors

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Turkish Airlines will make its first flights from Istanbul’s new mega airport to the capital Ankara and the Turkish Republic of Northern Cyprus as well as Azerbaijan, the airline’s CEO announced on Saturday. The Turkish flag carrier’s

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A summit of the Caspian countries will discuss strengthening security amid a chaotic wider region, said a member of Russia’s State Duma Committee on International Affairs Sergey Zheleznyak. And the foreign minister of Kazakhstan, Kairat Abdrakhmanov, said the August

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During a July 20 press conference, Armenian Prime Minister Nikol Pashinyan reiterated his maximalist position on the Karabakh conflict and called for “deter[ring] Azerbaijan from provocations” (Lragir.am, July 20). The next day, Armenian fire killed an Azerbaijani service member

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Hossein Ashouri, deputy director of the Islamic Republic of Iran Railways, said that the US sanctions will never affect Iran's railway cooperation with Russia, and its contacts will continue expanding. The previous

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After more than 20 years of debate between the governments of the five Caspian Sea littoral states over the status of what is the world’s largest lake, its legal status and how its

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MMK, one of Russia’s largest steel producers, has stopped deliveries to Iran against the backdrop of new sanctions Washington has promised to impose on Tehran. The announcement was made by Andrey Eremin, the company’s director for economics, in an

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The principle of non-presence of armed forces not belonging to the five Caspian countries is one of the agreed provisions of the Convention on the Legal Status of the Caspian Sea, which is expected to be signed at a

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During a government meeting President of Turkmenistan Gurbanguly Berdimuhamedov stressed the importance of resolving the tasks of the fuel and energy complex, including those related to attracting investments for the development of the complex, Neutral Turkmenistan newspaper wrote. President

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 Russian Foreign Minister Sergey Lavrov plans to participate in a meeting of the top diplomats of the Caspian states scheduled to take place in Kazakhstan’s city of Aktau on August 11, Russian Deputy Foreign Minister Grigory Karasin told TASS

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The leaders of the five Caspian Sea countries are meeting in the Kazakh port city of Aqtau to sign a convention in an effort to resolve major differences over the resource-rich body's legal status. The proposed deal

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Turkmenistan has officially submitted an application to the International Court of Arbitration to resolve the gas dispute with Iran, the Iranian media reported. The court is expected to render its verdict within two years, Mehr Agency noted. In December

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Azerbaijan plans to send two export missions to the UAE by the end of 2018 in order to expand the geography of exports of its products to the Persian Gulf markets, the Trade Representative of Azerbaijan in Dubai Elnur

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Azerbaijan and Belarus have a strong potential for expanding economic cooperation in the production sector, Belarusian expert Yuri Shevtsov told Trend, noting that Azerbaijan is one of the most reliable economic partners of Belarus in the region. In particular,

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United Nations Special Envoy Staffan de Mistura has invited Iran, Russia and Turkey to talks due to be held in Geneva next month on forming Syria's Constitutional Committee, a UN spokeswoman says. "Special Envoy de Mistura continues his consultation

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With the outlines of its six idle cranes obscured by thick fog and pouring rain, Kazakhstan's Caspian seaport Aktau seems an unlikely stop on China's much-hyped new silk road. But the sleepy port, which has been badly hit in

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In an interview last month (August 16) with the media outlet Azeri Daily, Azerbaijani member of parliament and the head of the Azerbaijan-Russia inter-parliamentary group, Ali Huseynli, suggested that, considering the changed geopolitical conditions in the South Caucasus,

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More and more countries are getting involved in a unique South Gas Corridor (SGC) project that will enable Europe to strongly improve its energy security. On his visit to Croatia in early September, Azerbaijani President Ilham Aliyev stressed at

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A new oil refinery plant will be built in Kazakhstan. A land area of ​​100 hectares in Zhanaarkinsky district of the Karaganda region has already been allocated for the construction, the press service of regional administrative office said, Kazinform

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The intensive population growth in China, India and North Africa will increase the demand for Kazakh grain in the future, Chairman of the Board of Directors of Astyk Trans JSC Oleg Rogachev said, Interfax-Kazakhstan reported. At the moment, the

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The first trial-based  electricity supplies from Russia to Iran via the Russia-Azerbaijan-Iran  "North-South" energy corridor are expected to start in 2019, Russia’s Energy Ministry said in a statement following the results of the first meeting of a trilateral working group on linking

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