IIKSS Search

Legal Status of Caspian Sea Legal Issues

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

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Caspian Sea Region: Legal Issues Legal Issues

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

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Turkmenistan discussing TAPI pipeline construction pace Energy

By Huseyn Hasanov – Trend: A report on the construction pace of the Turkmenistan-Afghanistan-Pakistan-India (TAPI) gas pipeline was delivered at a meeting of the Turkmen Cabinet of Ministers, the Turkmen government said Feb. 27. It is reported that the work is carried

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Walking the line Energy

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

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THE HISTORY OF THE CASPIAN SEA History

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

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The 28 Best Trips of 2016 Tourism

Each year, we send our editors and writers on a mission to find the destinations on the vanguard of the travel. The major takeaway from our 28 favorites of 2016? The entire world is getting more adventurous.

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Topaz reports 63% decline in 2015 profit Energy

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

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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

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Zoology Institute announces about new discoveries Ecosystem

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

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Oil in the Caspian Region Energy

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

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CASPIAN SEA i. GEOGRAPHY Caspian geography and anthropology

CASPIAN SEA i. GEOGRAPHY The Caspian “sea” consists of three distinct basins, each characterized by different features. hese differences are reflected in the levels of salinity.  CASPIAN SEA, actually a lake, the largest in the world (estimated surface area in 1986: 378,400

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China Gets Winning Formula For Silk Road Railway Investment

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

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Caspian agro expo due in Baku Investment

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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Lahijan Tourism

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

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Europort to Partner IRANIMEX Investment

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

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Fishing for vital company knowledge Fishing

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

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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

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Turkmenistan advancing on South Asian gas market Energy

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

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Tehran and its 2,000 tourist spots Tourism

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

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

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

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Turkmenistan intensifies development of Caspian Sea shelf Energy

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 Energy

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

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Caspian tiger Ecosystem

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

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Master of its domains Investment

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

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Turkmenistan keen to become major exporter of chemicals Energy

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

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First TAP pipes arrive in Albania Energy

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

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Craze for LNG Energy

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

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Azerbaijan's nimble gas plans Energy

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

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Kazakhstan plans to enter top 10 oil exporters Energy

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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BP with partners invest $58B in Azerbaijan Energy

BP with partners invest $58B in Azerbaijan The British BP company and partners have invested $58 billion in Azerbaijan's projects over the period of its activity. The statement came from Bakhtiyar Aslanbayli, BP's regional vice president, said Apr. 25, Trend reports. He

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Gazprom executives to visit Tehran Energy

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

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The Ultimate Caviar Tasting Experience Fishing

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

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Dutch logistics company eyeing Azerbaijani market Investment

Dutch logistics company eyeing Azerbaijani market The Dutch logistics service company Royal Wagenborg is considering the possibility of entering the Azerbaijani market, Fabio Giurato, director of the company's branch in Kazakhstan, said in an exclusive interview with Trend May 16. Giurato

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Dubai-based Topaz to supply vessels for Caspian Sea Energy

Dubai-based Topaz to supply vessels for Caspian Sea Dubai-based shipper Topaz Energy and Marine has won a US$350 million contract to supply and operate vessels for Kazakhstan’s Tengizchevroil, a Chevron-led joint venture oil producer, in the Caspian Sea. Topaz, which won

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Next Big Travel Destination: Iran? Tourism

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

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Iran has the largest world oil tankers company Energy

Iran has the largest world oil tankers company   Managing Director of National Iranian Tanker Company (NITC) Ali Akbar Safaei said on Monday that Iran has the largest world oil tanker company with a capacity of more than 15.5 million tons.

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Azerbaijan and China: Greater integration Investment

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

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Hotel investors look to Iran Investment

Hotel investors look to Iran Global hotel companies are betting that lifted sanctions against Iran will bring waves of tourists and business travel to the Middle East Nation. For example, the Spanish operator Melia Hotels International plans to open a 319-room hotel

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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

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Traces of extinction Ecosystem

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

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SOCAR reveals oil output from ACG Energy

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

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Caspian Overview: China Eyes Growth in Azerbaijan Energy

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

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Lukoil spuds at Vladimir Filanovsky in Caspian Sea Energy

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

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Kazakhstan to resume oil production on Kashagan field Energy

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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Turkmenistan, China eye further co-op Investment

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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Iran, Turkmenistan to launch banking ties Investment

Iran, Turkmenistan to launch banking ties   Iranian Commercial Attaché to Ashgabat deemed direct banking relations and facilitated visa issuance as two means of boosting trade ties with the Central Asian country. Rahmatollah Khormali said “facilitating commuting between

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Iran, Turkmenistan to launch banking ties Investment

Iranian Commercial Attaché to Ashgabat deemed direct banking relations and facilitated visa issuance as two means of boosting trade ties with the Central Asian country. Rahmatollah Khormali said “facilitating commuting between countries as well as banking relations

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Iran recommences petchem exports to Britain Energy

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

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IDEA holds next environmental campaign Environment

IDEA Public Union, which is aimed at promoting public awareness of environmental issues, organized another beneficial campaign in the country. This time the public union focused on cleaning the largest river in Transcaucasia -- the Kura, which is of great importance

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IDEA holds next environmental campaign Environment

IDEA holds next environmental campaign   IDEA Public Union, which is aimed at promoting public awareness of environmental issues, organized another beneficial campaign in the country. This time the public union focused on cleaning the largest river in Transcaucasia -- the Kura,

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Saipem and Topaz secure Caspian contracts Energy

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

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China’s New Silk Road Has Beijing Looking West Investment

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

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Caspian Overview: Major Upstream Investment Approved Energy

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

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A tale of continuity cultural

A tale of continuity   In Azerbaijan, you can see a confluence of the old and the new One can say that this country has a foot each in two worlds — One in the modern world with industrial aspirations

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Shell shutting down office in Azerbaijan Energy

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

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Caspian Energy Grid – London Launch Energy

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

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Europe works on Turkmen gas import Energy

Europe works on Turkmen gas import   The European Commission is following and implementing the Ashgabat declaration from 2015 on energy cooperation with Azerbaijan, Turkmenistan and Turkey, a source in the European Commission told Trend. Within the implementation of this declaration the

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Malaysia's SapuraKencana awarded TANAP offshore construction contract Energy

Malaysia's SapuraKencana awarded TANAP offshore construction contract   Anatolian Natural Gas Pipeline (TANAP) has awarded to Malaysia’s SapuraKencana Petroleum Berhad the contract for the construction of TANAP’s 18-km offshore section across the Canakkale Strait, APA reports. The construction of TANAP was commenced in 2015.

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V.Filanovsky jacket departs Astrakhan for Caspian Sea Energy

V.Filanovsky jacket departs Astrakhan for Caspian Sea   Transportation has started of a jacket for the offshore ice-resistant stationary platform #2 from Astrakhan on the Russian Caspian coast to Lukoil’s V.Filanovsky field in the Caspian Sea. The platform will

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Water level rises in Kura Hydrology

Water level rises in Kura   Increase of water level has been observed in Kura River in the past few days. The level of water in Giragkesemen settlement of Kura River increased by 12 cm on August 8. The water consumption holds 113m3/sec in

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Lukoil Provides Update on North Caspian Fields Energy

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

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Azerbaijan, Iran increased electricity swap Energy

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

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August 12 marks Day of Caspian Sea cultural

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

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CECO would benefit all Caspian littoral states Investment

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

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Pakistan, largest buyer of Iranian LPG Energy

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

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Vitol to buy Iran, Russia swap oil Energy

Vitol to buy Iran, Russia swap oil   An oil official has announced that Vitol S.A. of Switzerland is likely to purchase Russian crude to be swapped through Iran’s largest oil terminal in the Caspian Sea. Despite the

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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

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6 reasons to visit culturally-rich Iran Tourism

6 reasons to visit culturally-rich Iran   While Iran often finds itself in the headlines for all the wrong reasons, intrepid globetrotters consistently sing the country’s praises, calling it a surprisingly welcoming destination with plenty of untouched treasures to discover. The

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Iran central part of Silk Road Investment

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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Kashagan to boost world oil production Energy

Kashagan to boost world oil production Kazakhstan’s Energy Minister Kanat Bozumbayev has said that the official launch of Kashagan is scheduled for October 23 The Caspian Pipeline Consortium (CPC) can pump about 1.2million tonnes of crude oil from the giant oil field

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Sarens wins biggest contract to date Energy

Sarens wins biggest contract to date   Belgian crane and heavy lifting specialist Sarens has signed a contract for the largest project in its history with Tengizchevroil. The project includes the land transportation and installation of the Pre-Assembled Units, Pre-Assembled Racks,

read more

Oil Rebounds on Talk of Russia-Iran-OPEC Cooperation Energy

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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Kashagan oil maybe transported via Azerbaijan Energy

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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Russia Ups Oil Output Ahead of OPEC Meeting Energy

Russia Ups Oil Output Ahead of OPEC Meeting Russia Ups Oil Output Ahead of OPEC Meeting Russia could soon become the world’s biggest oil producer if it continues pumping oil at levels not seen since Soviet times. Russian Energy Ministry data shows that

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Iran to host IASP innovation conf. in 2018 science

Iran to host IASP innovation conf. in 2018   Iran will host the largest global innovation conference, IASP, in 2018, director general of Office for Technology announced on Friday. Khosro Piri, director general of Office for Technology at the Science,

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New Hotel and Tourism Investment Conference for Iran Tourism

New Hotel and Tourism Investment Conference for Iran   Iran, the 18th largest economy in the world, will host the first Iran Hotel and Tourism Investment Conference (IHTIC), a top-level gathering of international investors, owners, operators, developers and government officials. In addition to

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Azerbaijan, BP to continue realizing joint projects Energy

Azerbaijan, BP to continue realizing joint projects   Azerbaijan Caspian Shipping Company and British BP seek to continue implementation of joint projects in the Caspian Sea.   The realization of joint projects by the two companies, as well as the current level of

read more

Kazakhstan refuses to limit oil output from Kashagan Energy

Kazakhstan, enjoying 3 percent of the world’s total oil reserves, announced that it will not impose any limits for oil production at the recently-relaunched Kashagan field. Kazakh Energy Minister Kanat Bozumbayev noted that Kazakhstan’s share in the world

read more

Mazhilis Approves Law on LEU Bank in Kazakhstan Energy

IIKSS - Kazakhstan’s Mazhilis (lower chamber of Parliament) approved Nov. 2 the draft law “On ratification of the agreement between the Kazakh government and the International Atomic Energy Agency (IAEA) on establishing the low-enriched uranium (LEU) bank in

read more

The participants of international forum, organized by the Ministry of Foreign Affairs of Turkmenistan, highly estimate creative character of neutral status of our country Political and military events

IIKSS - International theoretical and practical conference “The Neutrality of Turkmenistan and International Practice: New Achievements of Cooperation for Stable Development” was held in the conference hall of the Institute of International Relations of the Ministry of Foreign

read more

Kazakhstan to cut uranium output Energy

IIKSS - Kazakhstan plans to reduce uranium production by 10 percent in 2017, Kazakhstan’s National Atomic Company Kazatomprom reported on January 10. This decision was made considering current oversupply in the uranium market. The target uranium production for

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

Oil, gas production up in Kazakhstan Energy

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

read more

Pakistan, Turkmenistan interested in early implementation of TAPI Energy

Pakistan is interested in intensifying cooperation with Turkmenistan and early completion of Turkmenistan-Afghanistan-Pakistan-India (TAPI) gas pipeline project. Pakistani President Mamnoon Hussain made a statement at a meeting with his Turkmen counterpart Gurbanguly Berdimuhamedov. Hussein arrived to Dushanbe to participate in the forum

read more

Kazakhstan telecoms deal approved by regulators Energy

Kazakhstan’s state-owned telecoms company has been given permission to buy the country’s largest mobile phone operator after antitrust regulators ignored fears that it would create a monopolistic giant. Kazakhtelecom, which owns half of the country’s third largest network

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Caspian Littoral States Sign Environment Protocol Environment

high-level representatives from Azerbaijan, Iran, Kazakhstan, the Russian Federation and Turkmenistan signed the Environment Impact Assessment Protocol under the Tehran Convention during an extraordinary Conference of the Parties on Friday in Moscow, Russia. The protocol will enter into force

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Russian Steelmaker Stops Deliveries to Iran Investment

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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Five Countries Reach Deal on Caspian Sea Legal Issues

Iran, the Russian Federation, Kazakhstan, Azerbaijan and Turkmenistan have signed an agreement on the Caspian Sea, the world’s largest enclosed body of water and a region that has been the subject of dispute since the breakup of the Soviet

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Russia To Resume Gas Imports From Turkmenistan Energy

Russia's Gazprom next year will resume imports of natural gas from Turkmenistan that it stopped three years ago, the energy giant's chief executive has said. In an interview with Turkmenistan's state television channel during a visit to Ashgabat

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IIKSS Search

Russia To Resume Gas Imports From Turkmenistan Energy

Russia's Gazprom next year will resume imports of natural gas from Turkmenistan that it stopped three years ago, the energy giant's chief executive has said. In an interview with Turkmenistan's state television channel during a visit to Ashgabat

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Five Countries Reach Deal on Caspian Sea Legal Issues

Iran, the Russian Federation, Kazakhstan, Azerbaijan and Turkmenistan have signed an agreement on the Caspian Sea, the world’s largest enclosed body of water and a region that has been the subject of dispute since the breakup of the Soviet

read more

Russian Steelmaker Stops Deliveries to Iran Investment

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

read more

Caspian Littoral States Sign Environment Protocol Environment

high-level representatives from Azerbaijan, Iran, Kazakhstan, the Russian Federation and Turkmenistan signed the Environment Impact Assessment Protocol under the Tehran Convention during an extraordinary Conference of the Parties on Friday in Moscow, Russia. The protocol will enter into force

read more

Kazakhstan telecoms deal approved by regulators Energy

Kazakhstan’s state-owned telecoms company has been given permission to buy the country’s largest mobile phone operator after antitrust regulators ignored fears that it would create a monopolistic giant. Kazakhtelecom, which owns half of the country’s third largest network

read more

Pakistan, Turkmenistan interested in early implementation of TAPI Energy

Pakistan is interested in intensifying cooperation with Turkmenistan and early completion of Turkmenistan-Afghanistan-Pakistan-India (TAPI) gas pipeline project. Pakistani President Mamnoon Hussain made a statement at a meeting with his Turkmen counterpart Gurbanguly Berdimuhamedov. Hussein arrived to Dushanbe to participate in the forum

read more

Oil, gas production up in Kazakhstan Energy

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

read more

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

Kazakhstan to cut uranium output Energy

IIKSS - Kazakhstan plans to reduce uranium production by 10 percent in 2017, Kazakhstan’s National Atomic Company Kazatomprom reported on January 10. This decision was made considering current oversupply in the uranium market. The target uranium production for

read more

The participants of international forum, organized by the Ministry of Foreign Affairs of Turkmenistan, highly estimate creative character of neutral status of our country Political and military events

IIKSS - International theoretical and practical conference “The Neutrality of Turkmenistan and International Practice: New Achievements of Cooperation for Stable Development” was held in the conference hall of the Institute of International Relations of the Ministry of Foreign

read more

Mazhilis Approves Law on LEU Bank in Kazakhstan Energy

IIKSS - Kazakhstan’s Mazhilis (lower chamber of Parliament) approved Nov. 2 the draft law “On ratification of the agreement between the Kazakh government and the International Atomic Energy Agency (IAEA) on establishing the low-enriched uranium (LEU) bank in

read more

Kazakhstan refuses to limit oil output from Kashagan Energy

Kazakhstan, enjoying 3 percent of the world’s total oil reserves, announced that it will not impose any limits for oil production at the recently-relaunched Kashagan field. Kazakh Energy Minister Kanat Bozumbayev noted that Kazakhstan’s share in the world

read more

Azerbaijan, BP to continue realizing joint projects Energy

Azerbaijan, BP to continue realizing joint projects   Azerbaijan Caspian Shipping Company and British BP seek to continue implementation of joint projects in the Caspian Sea.   The realization of joint projects by the two companies, as well as the current level of

read more

New Hotel and Tourism Investment Conference for Iran Tourism

New Hotel and Tourism Investment Conference for Iran   Iran, the 18th largest economy in the world, will host the first Iran Hotel and Tourism Investment Conference (IHTIC), a top-level gathering of international investors, owners, operators, developers and government officials. In addition to

read more

Iran to host IASP innovation conf. in 2018 science

Iran to host IASP innovation conf. in 2018   Iran will host the largest global innovation conference, IASP, in 2018, director general of Office for Technology announced on Friday. Khosro Piri, director general of Office for Technology at the Science,

read more

Russia Ups Oil Output Ahead of OPEC Meeting Energy

Russia Ups Oil Output Ahead of OPEC Meeting Russia Ups Oil Output Ahead of OPEC Meeting Russia could soon become the world’s biggest oil producer if it continues pumping oil at levels not seen since Soviet times. Russian Energy Ministry data shows that

read more

Kashagan oil maybe transported via Azerbaijan Energy

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,

read more

Oil Rebounds on Talk of Russia-Iran-OPEC Cooperation Energy

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

read more

Sarens wins biggest contract to date Energy

Sarens wins biggest contract to date   Belgian crane and heavy lifting specialist Sarens has signed a contract for the largest project in its history with Tengizchevroil. The project includes the land transportation and installation of the Pre-Assembled Units, Pre-Assembled Racks,

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Kashagan to boost world oil production Energy

Kashagan to boost world oil production Kazakhstan’s Energy Minister Kanat Bozumbayev has said that the official launch of Kashagan is scheduled for October 23 The Caspian Pipeline Consortium (CPC) can pump about 1.2million tonnes of crude oil from the giant oil field

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Iran central part of Silk Road Investment

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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6 reasons to visit culturally-rich Iran Tourism

6 reasons to visit culturally-rich Iran   While Iran often finds itself in the headlines for all the wrong reasons, intrepid globetrotters consistently sing the country’s praises, calling it a surprisingly welcoming destination with plenty of untouched treasures to discover. The

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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

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Vitol to buy Iran, Russia swap oil Energy

Vitol to buy Iran, Russia swap oil   An oil official has announced that Vitol S.A. of Switzerland is likely to purchase Russian crude to be swapped through Iran’s largest oil terminal in the Caspian Sea. Despite the

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Pakistan, largest buyer of Iranian LPG Energy

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

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CECO would benefit all Caspian littoral states Investment

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

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August 12 marks Day of Caspian Sea cultural

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

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