IIKSS Search

Once more on the Trans-Caspian Gas Pipeline Energy

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

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

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

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Azerbaijan’s SOCAR reviving Iran deals Energy

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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TransCaspian 2016 scheduled for May Investment

TransCaspian 2016, the 15th Anniversary International Transport, Transit and Logistics Exhibition, will take place from 11 - 13 May at Baku Expo Centre. This year, the exhibition is marking its 15th anniversary. Over the years, the exhibition has established itself as

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Baku to host 6th Road and Traffic expo Investment

Road and Traffic 2016, the 6th Caspian International Road Infrastructure and Public Transport Exhibition, will be held at Baku Expo Center on May 11-13. Road&Traffic is the region’s leading trade event bringing together professionals in road and tunnel planning and construction,

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Turkmenistan makes discount to Turkey for cargo transportation Investment

Trend: Turkmenistan has made a 20-percent discount to Turkey for cargo transportation through the Caspian Sea, Istanbulhaber online newspaper quoted Fatih Sener, executive director of Turkish International Transporters’ Association, as saying March 28. Sener noted that Turkmenistan’s government made a decision on

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China Gets Winning Formula For Silk Road Railway Investment

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

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Russo-Persian Treaty of Friendship (1921) History

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

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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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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

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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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The International Stage – Connected Energy Energy

<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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FSU crude exports hit record high Investment

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

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Empty Gazpromises Energy

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

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Iran-Turkmenistan daily truck traffic to soar Investment

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

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Turkmenistan looking to Belarus as a transit partner Investment

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

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EU eyes Turkmenistan as potential gas supplier Energy

EU eyes Turkmenistan as potential gas supplier European countries view hydrocarbon-rich Turkmenistan as one of the main suppliers of natural gas. The remark was made by Head of the OSCE Center in Ashgabat Ivo Petrov during the meeting with Turkmen President

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Incat Crowther Designs Fast Crewboat for CMS Investment

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

read more

Baku to Allow Turkmen Gas into Tanap Energy

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

read more

Kazakhstan plans to build new oil terminal Energy

Kazakhstan plans to build new oil terminal Kazakhstan plans to construct an oil terminal in its Kuryk port in the future, the Kazakh National Transport and Logistics Center told Trend May 23. However, no timeframe of the terminal's construction was revealed. Transshipment

read more

Iran resumes crude oil swap Energy

Iran resumes crude oil swap Head of North Oil Terminal Hamid Reza Shahdoust said on Wednesday that National Iranian Oil Company has obliged Nikoo Company to fulfill preparatory works for resuming crude oil swap in shortest possible time.

read more

Georgia Plans for Energy Overhaul Energy

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

read more

Azerbaijan realizes profitable railway projects Investment

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

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, 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

read more

Singapore wins Baku port deal Investment

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

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

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

railroad from Russia to Iran Investment

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

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

Dry Cargo Vessel Launched in Russia science

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

read more

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

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

read more

Caspian Overview: BP's Caspian Gas Energy

Caspian Overview: BP's Caspian Gas   Azerbaijan produced about 9.363bn m³ of commercial gas in the first half of this year, down 8.8% year-on-year, of which BP-operated fields counted 71.6%, a top energy official told NGE. BP is the operator of the Caspian Sea’s

read more

Gazprom Eyes Iranian LNG, Turkish Stream Energy

Gazprom Eyes Iranian LNG, Turkish Stream   Gazprom, Russia's state controlled gas giant, is interested in developing gas projects in Iran According to Russian business daily Vedomosti, Russia's energy minister Alexander Novak said that the

read more

Iran, Russia map out rival to Suez Canal Investment

Iran, Russia map out rival to Suez Canal   The International North-South Transport Corridor (NSTC), a multi-model route to link India and the Middle East to the Caucasus, Central Asia and Europe, is being nurtured for significantly reducing costs and travel time

read more

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

read more

Turkey and the Energy Transit Question Energy

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

read more

Iran pursues rail link to Caucasus states Investment

Iran pursues rail link to Caucasus states   Deputy road minister has announced that Qazvin-Rasht railroad, upon completion, will connect Iran to Caucasus countries. Ali Nourzad, Iran's Deputy Minister of Roads and Urban Development, deemed Qazvin-Rasht railway as

read more

Baku-Tbilisi-Kars railway to encourage development of TITR Investment

Baku-Tbilisi-Kars railway to encourage development of TITR   "The anticipated construction of the Baku-Tbilisi-Kars railway next year will undoubtedly give further impetus to the development of the Trans-Caspian International Transport Route (TITR)." The due statement came from the Vice President of Kazakhstan Railways

read more

Turkmenistan seeks to deliver its hydrocarbons to West Energy

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

read more

China, Kazakhstan eye implementation of joint projects Investment

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

read more

Turkmenistan discussing Caspian Sea agreements Legal Issues

Turkmenistan discussing Caspian Sea agreements   Another meeting of the Turkmen Interdepartmental Commission on the Caspian Sea was held in Ashgabat, the Turkmen government said Sept. 6. According to the message, the draft agreements on trade and economic cooperation among the Caspian-littoral

read more

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

read more

Putin and Berdimuhamedov meet in Moscow Investment

Today, the Russian President Vladimir Putin met with the Turkmen President Gurbanguly Berdimuhamedov in Moscow. The two leaders discussed key issues of bilateral cooperation and exchange views on important regional issues during the talks. Russian President noted that

read more

Chabahar: Gateway to North- South Corridor Investment

IIKSS- India has carved a new geopolitical beginning in the Persian Gulf region putting Chabahar in the grand canvas of India’s geo-economic calculus in the emerging Asian architecture. She has kept her American partnership vibrant while opening a

read more

Tehran, Baku Boost Transport, Trade Ties Investment

IIKSS - Iran and Azerbaijan are boosting trade and transportation ties, following the new agreements reached during a joint intergovernmental commission held in Baku and Nakhchivan last week. The two sides agreed to reduce transit fees to $100

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

Iran welcomes deepening ties with EU Investment

IIKSS- President Hassan Rouhani has said Iran would stay committed to its obligations under any deal as long as others do not breach it. “The Islamic Republic of Iran will stay committed to its obligations as long as

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

Iran-Azerbaijan railway construction launched Investment

IIKSS- Iran has started laying rail tracks on the rail section Astara (Azerbaijan) - Astara (Iran), which is constructed in the framework of the North-South international transport corridor. Governor of Iran’s Astara Port Yunes Ranjkesh said that operations

read more

Transcasipan cargo logistics Investment

IIKSS- Over the recent years, the Caspian Sea Basin of Russia has been showing a downward cargo transshipment trend while the throughput of other basins is permanently growing. The weakness of transcaspian logistics is in its customs administration,

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

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

Caspian Sea-Black Sea Transport Investment

As a result of a recent meeting, a Turkmen-Romanian working group cooperating in the field of transport, have decided that in order to progress the signing of the political declaration on the creation of the Caspian Sea-Black Sea transport and transit

read more

Illegal fishing poachers detained in Azerbaijan Fishing

Two residents of the Lankaran region were detained because of illegal fishing in the Caspian Sea in the waters of Lankaran city, the Ministry of Ecology and Natural Resources reported on October 23. Caught fish of various types, fishing tackle and

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IIKSS Search

Illegal fishing poachers detained in Azerbaijan Fishing

Two residents of the Lankaran region were detained because of illegal fishing in the Caspian Sea in the waters of Lankaran city, the Ministry of Ecology and Natural Resources reported on October 23. Caught fish of various types, fishing tackle and

read more

Caspian Sea-Black Sea Transport Investment

As a result of a recent meeting, a Turkmen-Romanian working group cooperating in the field of transport, have decided that in order to progress the signing of the political declaration on the creation of the Caspian Sea-Black Sea transport and transit

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

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

Transcasipan cargo logistics Investment

IIKSS- Over the recent years, the Caspian Sea Basin of Russia has been showing a downward cargo transshipment trend while the throughput of other basins is permanently growing. The weakness of transcaspian logistics is in its customs administration,

read more

Iran-Azerbaijan railway construction launched Investment

IIKSS- Iran has started laying rail tracks on the rail section Astara (Azerbaijan) - Astara (Iran), which is constructed in the framework of the North-South international transport corridor. Governor of Iran’s Astara Port Yunes Ranjkesh said that operations

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 welcomes deepening ties with EU Investment

IIKSS- President Hassan Rouhani has said Iran would stay committed to its obligations under any deal as long as others do not breach it. “The Islamic Republic of Iran will stay committed to its obligations as long as

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

Tehran, Baku Boost Transport, Trade Ties Investment

IIKSS - Iran and Azerbaijan are boosting trade and transportation ties, following the new agreements reached during a joint intergovernmental commission held in Baku and Nakhchivan last week. The two sides agreed to reduce transit fees to $100

read more

Chabahar: Gateway to North- South Corridor Investment

IIKSS- India has carved a new geopolitical beginning in the Persian Gulf region putting Chabahar in the grand canvas of India’s geo-economic calculus in the emerging Asian architecture. She has kept her American partnership vibrant while opening a

read more

Putin and Berdimuhamedov meet in Moscow Investment

Today, the Russian President Vladimir Putin met with the Turkmen President Gurbanguly Berdimuhamedov in Moscow. The two leaders discussed key issues of bilateral cooperation and exchange views on important regional issues during the talks. Russian President noted that

read more

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

read more

Turkmenistan discussing Caspian Sea agreements Legal Issues

Turkmenistan discussing Caspian Sea agreements   Another meeting of the Turkmen Interdepartmental Commission on the Caspian Sea was held in Ashgabat, the Turkmen government said Sept. 6. According to the message, the draft agreements on trade and economic cooperation among the Caspian-littoral

read more

China, Kazakhstan eye implementation of joint projects Investment

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

read more

Turkmenistan seeks to deliver its hydrocarbons to West Energy

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

read more

Baku-Tbilisi-Kars railway to encourage development of TITR Investment

Baku-Tbilisi-Kars railway to encourage development of TITR   "The anticipated construction of the Baku-Tbilisi-Kars railway next year will undoubtedly give further impetus to the development of the Trans-Caspian International Transport Route (TITR)." The due statement came from the Vice President of Kazakhstan Railways

read more

Iran pursues rail link to Caucasus states Investment

Iran pursues rail link to Caucasus states   Deputy road minister has announced that Qazvin-Rasht railroad, upon completion, will connect Iran to Caucasus countries. Ali Nourzad, Iran's Deputy Minister of Roads and Urban Development, deemed Qazvin-Rasht railway as

read more

Turkey and the Energy Transit Question Energy

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

read more

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

read more

Iran, Russia map out rival to Suez Canal Investment

Iran, Russia map out rival to Suez Canal   The International North-South Transport Corridor (NSTC), a multi-model route to link India and the Middle East to the Caucasus, Central Asia and Europe, is being nurtured for significantly reducing costs and travel time

read more

Gazprom Eyes Iranian LNG, Turkish Stream Energy

Gazprom Eyes Iranian LNG, Turkish Stream   Gazprom, Russia's state controlled gas giant, is interested in developing gas projects in Iran According to Russian business daily Vedomosti, Russia's energy minister Alexander Novak said that the

read more

Caspian Overview: BP's Caspian Gas Energy

Caspian Overview: BP's Caspian Gas   Azerbaijan produced about 9.363bn m³ of commercial gas in the first half of this year, down 8.8% year-on-year, of which BP-operated fields counted 71.6%, a top energy official told NGE. BP is the operator of the Caspian Sea’s

read more

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

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

read more

Dry Cargo Vessel Launched in Russia science

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

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

railroad from Russia to Iran Investment

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

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

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

Singapore wins Baku port deal Investment

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

read more

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

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

Azerbaijan realizes profitable railway projects Investment

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

read more

Georgia Plans for Energy Overhaul Energy

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

read more

Iran resumes crude oil swap Energy

Iran resumes crude oil swap Head of North Oil Terminal Hamid Reza Shahdoust said on Wednesday that National Iranian Oil Company has obliged Nikoo Company to fulfill preparatory works for resuming crude oil swap in shortest possible time.

read more

Kazakhstan plans to build new oil terminal Energy

Kazakhstan plans to build new oil terminal Kazakhstan plans to construct an oil terminal in its Kuryk port in the future, the Kazakh National Transport and Logistics Center told Trend May 23. However, no timeframe of the terminal's construction was revealed. Transshipment

read more

Baku to Allow Turkmen Gas into Tanap Energy

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

read more

Incat Crowther Designs Fast Crewboat for CMS Investment

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

read more