IIKSS Search

Azerbaijan won’t increase oil output Energy

Trend: Azerbaijan intends to keep the oil production in 2016 at the 2015 level, head of the State Oil Company of Azerbaijan (SOCAR), Rovnag Abdullayev said in an interview with ANS TV channel. He noted that the projects for increasing the production

read more

Russian interest in East Med and Cyprus gas Energy

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

read more

Iran using Asian help to revamp refineries Energy

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

read more

WB to discuss Absheron lakes clean up Environment

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

read more

Turkmen parliament adopts trading activity law Legal Issues

Trend: Parliament of Turkmenistan approved and adopted the bill “On Trading Activity”, according to the Turkmen government’s message issued March 28. The bill was passed at a parliament meeting, during which the MPs stressed that systematic work on creation of goods surplus

read more

Turkmenistan eyes developing fuel and energy complex Energy

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

read more

Oil in the Caspian Region Energy

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

read more

Turkmenistan starts drilling another well at Galkynysh field Energy

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

read more

Azerbaijan invites U.S. companies to Baku-based FTZ Investment

Azerbaijan invites U.S. companies to Baku-based FTZ Azerbaijan has invited the U.S. Agency for International Development and other organizations to participate in the establishment of a free trade zone in the Alat settlement of Baku. Azerbaijan's Economy and Industry Minister Shahin

read more

Master of its domains Investment

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

read more

Azerbaijan may discover additional gas condensate reserves Energy

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

read more

Russia Renewable Energy Report Energy

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

read more

How to Judge the New Generation of Caviar Fishing

How to Judge the New Generation of Caviar Have a hankering for caviar? A decade ago, buying the black pearls was straightforward. Whether Russian or Iranian, almost all sturgeon eggs came from the Caspian Sea, and even novices knew that beluga

read more

Renewable Energy Report For Russia Energy

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

read more

No Way Out Ecosystem

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

read more

Iran launches talks with 4 states over oil swap Energy

Iran launches talks with 4 states over oil swap Deputy oil minister has reported on negotiations with Turkmenistan, Azerbaijan, Kazakhstan and Russia on oil swap resumption. Speaking at the conference on development of Iran-China economic trade cooperation

read more

Emirates Aquatech eyes caviar exports to EU Fishing

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

read more

The fascinating land of Dagestan History

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

read more

Turkmenistan to host 3rd Iran-Project expo Investment

Turkmenistan to host 3rd Iran-Project expo   Turkmenistan is to host the 3rd edition of Iran's exclusive exhibition of oil, gas and petrochemicals, water and electricity, construction industry as well as engineering and technical services, known as “Iran Project-2016”,

read more

Azerbaijan – Oriental Express Hub? Energy

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

read more

Caspian Overview: Azerbaijan Talks with Gazprom Energy

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

read more

India and SCO Political and military events

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

read more

Iran to treble gas exports to Armenia Energy

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

read more

Will Iran Scare Away Big Oil Once Again? Energy

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

read more

China’s New Silk Road Has Beijing Looking West Investment

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

read more

Caspian Overview: Major Upstream Investment Approved Energy

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

read more

Caspian Energy Grid – London Launch Energy

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

read more

New well commissioned in Caspian Sea Energy

New well commissioned in Caspian Sea   Azerbaijan’s SOCAR produced 3.78 million tons of oil from the country’s offshore and onshore fields in January-June 2016. Azerbaijan's state oil company SOCAR will additionally produce nearly 16,500 tons of oil annually through commissioning

read more

Do Russian women bathe in the burkini? cultural

Do Russian women bathe in the burkini?   Wearing a Muslim swimsuit is not common among Russian followers of Islam: They prefer to bathe dressed in ordinary clothes, covering the entire body, or in bathing suits. However, in one part

read more

SOCAR reveals volumes of oil & gas export Energy

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

read more

Shell launches robot for hazardous environments science

Shell launches robot for hazardous environments   Sensabot, the first resident mobile robot certified to work in difficult and hostile industrial facilities, has been launched by Shell   Shell will send semiautonomous Rover vehicles to a desert island in Kazakhstan’s Kashagan development, which

read more

Iran, Russia to build 4 thermal power plants Energy

Iran, Russia to build 4 thermal power plants   Iran and Russia authorities have emphasized implementation of the Green Corridor customs and the need to finalize the contract for construction of four thermal power plants. Iran's Ambassador to

read more

Baku, Astana mull legal status of Caspian Sea Legal Issues

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

read more

Iran sells crude oil at $52.16 in a week Energy

IIKSS - Iranian light crude oil price continued its upward trend in the week ended on December 23, increasing 30 cents per barrel (pb) to reach $52.16, IRNA reported on Saturday. The country’s light crude price stood at

read more

ADIF authorized capital to be increased Investment

IIKSS - Authorized capital of the Azerbaijan Deposit Insurance Fund (ADIF) will be increased in 2017 in line with Azerbaijani President Ilham Aliyev’s decree on approval of the state budget. According to the decree, Azerbaijan’s Finance Ministry is

read more

Iran-Azerbaijan Rail Linkup in a Month Investment

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

read more

Azerbaijan Delegation Attends Joint Business Forum Investment

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

read more

Turkmenistan seeks expanded trade ties with Iran Investment

IIKSS- Turkmen President Gurbanguly Berdimuhamedov stressed the importance of developing the trade and economic relations with Iran for the strengthening of mutually beneficial partnership. Berdimuhamedov said about this in his message to participants of the specialized exhibition of Iran, which

read more

China’s strategy in the Caucasus Investment

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

read more

Nazarbaev's clenched fists: For Cossacks or economic reforms - (analysis of fluctuations in the Republic of Kazakhstan's ability (government weight) index) Political and military events

Nazarbaev's clenched fists: For Cossacks or economic reforms???!!!! (analysis of fluctuations in the Republic of Kazakhstan's ability (government weight) index) International Institute of Khazar Sea Studies (IIKSS) - Kazakhstan's government weight indexes show that this country despite

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Turkmenistan prepares for Caspian summit Legal Issues

Turkmenistan is preparing for next year’s sixth Caspian summit and the first Caspian Economic Forum. The secretive state’s organising committee is addressing how to tackle the tricky issues surrounding dividing up the Caspian basin’s resources among the five littoral

read more

IIKSS Search

Turkmenistan prepares for Caspian summit Legal Issues

Turkmenistan is preparing for next year’s sixth Caspian summit and the first Caspian Economic Forum. The secretive state’s organising committee is addressing how to tackle the tricky issues surrounding dividing up the Caspian basin’s resources among the five littoral

read more

Nazarbaev's clenched fists: For Cossacks or economic reforms - (analysis of fluctuations in the Republic of Kazakhstan's ability (government weight) index) Political and military events

Nazarbaev's clenched fists: For Cossacks or economic reforms???!!!! (analysis of fluctuations in the Republic of Kazakhstan's ability (government weight) index) International Institute of Khazar Sea Studies (IIKSS) - Kazakhstan's government weight indexes show that this country despite

read more

China’s strategy in the Caucasus Investment

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

read more

Turkmenistan seeks expanded trade ties with Iran Investment

IIKSS- Turkmen President Gurbanguly Berdimuhamedov stressed the importance of developing the trade and economic relations with Iran for the strengthening of mutually beneficial partnership. Berdimuhamedov said about this in his message to participants of the specialized exhibition of Iran, which

read more

Azerbaijan Delegation Attends Joint Business Forum Investment

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

read more

Iran-Azerbaijan Rail Linkup in a Month Investment

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

read more

ADIF authorized capital to be increased Investment

IIKSS - Authorized capital of the Azerbaijan Deposit Insurance Fund (ADIF) will be increased in 2017 in line with Azerbaijani President Ilham Aliyev’s decree on approval of the state budget. According to the decree, Azerbaijan’s Finance Ministry is

read more

Iran sells crude oil at $52.16 in a week Energy

IIKSS - Iranian light crude oil price continued its upward trend in the week ended on December 23, increasing 30 cents per barrel (pb) to reach $52.16, IRNA reported on Saturday. The country’s light crude price stood at

read more

Baku, Astana mull legal status of Caspian Sea Legal Issues

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

read more

Iran, Russia to build 4 thermal power plants Energy

Iran, Russia to build 4 thermal power plants   Iran and Russia authorities have emphasized implementation of the Green Corridor customs and the need to finalize the contract for construction of four thermal power plants. Iran's Ambassador to

read more

Shell launches robot for hazardous environments science

Shell launches robot for hazardous environments   Sensabot, the first resident mobile robot certified to work in difficult and hostile industrial facilities, has been launched by Shell   Shell will send semiautonomous Rover vehicles to a desert island in Kazakhstan’s Kashagan development, which

read more

SOCAR reveals volumes of oil & gas export Energy

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

read more

Do Russian women bathe in the burkini? cultural

Do Russian women bathe in the burkini?   Wearing a Muslim swimsuit is not common among Russian followers of Islam: They prefer to bathe dressed in ordinary clothes, covering the entire body, or in bathing suits. However, in one part

read more

New well commissioned in Caspian Sea Energy

New well commissioned in Caspian Sea   Azerbaijan’s SOCAR produced 3.78 million tons of oil from the country’s offshore and onshore fields in January-June 2016. Azerbaijan's state oil company SOCAR will additionally produce nearly 16,500 tons of oil annually through commissioning

read more

Caspian Energy Grid – London Launch Energy

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

read more

Caspian Overview: Major Upstream Investment Approved Energy

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

read more

China’s New Silk Road Has Beijing Looking West Investment

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

read more

Will Iran Scare Away Big Oil Once Again? Energy

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

read more

Iran to treble gas exports to Armenia Energy

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

read more

India and SCO Political and military events

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

read more

Caspian Overview: Azerbaijan Talks with Gazprom Energy

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

read more

Azerbaijan – Oriental Express Hub? Energy

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

read more

Turkmenistan to host 3rd Iran-Project expo Investment

Turkmenistan to host 3rd Iran-Project expo   Turkmenistan is to host the 3rd edition of Iran's exclusive exhibition of oil, gas and petrochemicals, water and electricity, construction industry as well as engineering and technical services, known as “Iran Project-2016”,

read more

The fascinating land of Dagestan History

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

read more

Emirates Aquatech eyes caviar exports to EU Fishing

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

read more

Iran launches talks with 4 states over oil swap Energy

Iran launches talks with 4 states over oil swap Deputy oil minister has reported on negotiations with Turkmenistan, Azerbaijan, Kazakhstan and Russia on oil swap resumption. Speaking at the conference on development of Iran-China economic trade cooperation

read more

No Way Out Ecosystem

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

read more

Renewable Energy Report For Russia Energy

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

read more

How to Judge the New Generation of Caviar Fishing

How to Judge the New Generation of Caviar Have a hankering for caviar? A decade ago, buying the black pearls was straightforward. Whether Russian or Iranian, almost all sturgeon eggs came from the Caspian Sea, and even novices knew that beluga

read more

Russia Renewable Energy Report Energy

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

read more

Azerbaijan may discover additional gas condensate reserves Energy

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

read more

Master of its domains Investment

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

read more

Azerbaijan invites U.S. companies to Baku-based FTZ Investment

Azerbaijan invites U.S. companies to Baku-based FTZ Azerbaijan has invited the U.S. Agency for International Development and other organizations to participate in the establishment of a free trade zone in the Alat settlement of Baku. Azerbaijan's Economy and Industry Minister Shahin

read more

Turkmenistan starts drilling another well at Galkynysh field Energy

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

read more

Oil in the Caspian Region Energy

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

read more

Turkmenistan eyes developing fuel and energy complex Energy

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

read more

Turkmen parliament adopts trading activity law Legal Issues

Trend: Parliament of Turkmenistan approved and adopted the bill “On Trading Activity”, according to the Turkmen government’s message issued March 28. The bill was passed at a parliament meeting, during which the MPs stressed that systematic work on creation of goods surplus

read more

WB to discuss Absheron lakes clean up Environment

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

read more

Iran using Asian help to revamp refineries Energy

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

read more

Russian interest in East Med and Cyprus gas Energy

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

read more

Azerbaijan won’t increase oil output Energy

Trend: Azerbaijan intends to keep the oil production in 2016 at the 2015 level, head of the State Oil Company of Azerbaijan (SOCAR), Rovnag Abdullayev said in an interview with ANS TV channel. He noted that the projects for increasing the production

read more