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

read more

UK supporting implementation of Southern Gas Corridor Energy

By Rufiz Hafizoglu – Trend: The UK fully supports the implementation of the Southern Gas Corridor (SGC) project, the country’s ambassador to Turkey Richard Moore said, Turkish TGRT TV channel reported March 1. The diplomat noted that the SGC project will ensure

read more

Terms of bond issuance for Southern Gas Corridor defined Energy

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

read more

New fishing regulations for 2016 Fishing

FRANKFORT — It is no longer getting dark at dinner time. We are beginning to have days cresting the 50 degree mark. It is enough to make you want to go fishing. Before you cast a line, however, you need to

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

Iran to start issuing electronic visas by 2017 Tourism

Iran will start issuing electronic visas for foreign tourists by the end of 2016, Masoud Soltanifar, Iran’s vice-president said. Soltanifar, who heads Iran’s Cultural Heritage, Handicrafts and Tourism Organization, added that Tehran also pursues the issue of mutual visa waiver with

read more

SOCAR: SGC project shareholders plan to raise extra $2B Energy

Trend: Shareholders of the Southern Gas Corridor (SGC) project plan to raise additional $2 billion from international finance institutions to fund the project, Rovnag Abdullayev, president of Azerbaijan’s state oil company SOCAR, told reporters April 2. Abdullayev said the funds are planned

read more

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

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

SGC to save Turkey from gas dependence on Russia Energy

SGC to save Turkey from gas dependence on Russia Trend: The Southern Gas Corridor (SGC) project will save Turkey from gas dependence on Russia, said Stephen Blank, senior fellow at the American Foreign Policy Council. He made the remarks addressing an event

read more

BP, its partners invest in Azerbaijan Energy

BP, its partners invest almost $60B in Azerbaijan Trend: The British BP company together with its partners on development of the Azeri-Chirag-Guneshli and Shah Deniz oil and gas fields invested in Azerbaijan over $58 billion over the period of more than 20-year

read more

Long-awaited subway stations open Investment

Long-awaited subway stations open Baku citizens and the guests of the Pearl of the Caspian Sea will have an access to two more subway stations in the capital, which is expected to ease the daily travelling plans. Those, who wish to

read more

Azerbaijan, appropriate tourism destination for Russians Tourism

Azerbaijan, appropriate tourism destination for Russians A tense situation between some countries hamper tourism sector in many tourist attractive counties. Director of Summer Tour travel company Aykhan Allazli claims that Azerbaijan can become a new destination for Russian tourists. He said that

read more

US, EU support Southern Gas Corridor Energy

US, EU support Southern Gas Corridor   US-EU Energy Council reiterated its strong support for the opening of the Southern Gas Corridor, including the construction of the Trans-Adriatic Pipeline (TAP), said in a statement of the US-EU Energy Council. Council underscored the

read more

Southern Gas Corridor to attract about 7B dollar Energy

Southern Gas Corridor to attract about $7B The Southern Gas Corridor project, designed to supply Caspian gas to Europe, intends to attract investments worth $7 billion. The remark was made by Rovnag Abdullayev, President of Azerbaijan's state-owned energy company SOCAR on

read more

Socar and Uzbekneftegaz join forces in Uzbekistan Energy

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

read more

Tehran, Kiev after closer trade ties Investment

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

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

SOCAR's Azneft to introduce SCADA system Energy

SOCAR’s Azneft production unit is planning to develop SCADA (supervisory control and data acquisition) system to create virtual form of the oil and gas fields of the country, SOCAR reported. SCADA system will allow visualization of oil and gas fields operations,

read more

Schneider Electric holds workshop at Baku Higher Oil School

On June 28, Baku Higher Oil School (BHOS) and Schneider Electric started a three day workshop on Contemporary Standards of Process Safety for SOCAR management, engineers and technical employees. During the three separate workshop sessions, the presentations will be made

read more

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

read more

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

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

Russia pushing North-South route to reality Investment

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

read more

Russian industrial giant seals deal with Iran Investment

Russian industrial giant seals deal with Iran   Russia’s Technopromexport has become the country’s first enterprise to win a major industrial deal from Iran after the removal of the sanctions against the country.  Technopromexport, part of Russia's

read more

Trade between Russia & Iran surges 71 percent Investment

 Trade between Russia & Iran surges 71 percent   With the lifting of sanctions, trade turnover between Moscow and Tehran has grown 70.9 percent in year-on-year terms, according to Russia's ambassador to Iran, Levan Dzhagaryan. Since international sanctions against Iran

read more

Major rise seen in Russia’s trade with Iran Investment

Major rise seen in Russia’s trade with Iran Russia says its trade with Iran has increased by 70.9 percent after the sanctions against the Islamic Republic were removed earlier this year. Russia’s Ambassador to Tehran Levan Dzhagaryan was quoted

read more

Russia holds tender for Iran power plant job Energy

Russia holds tender for Iran power plant job   Russia has announced a tender for the development of a key thermal power plant in Iran thus taking the project it was awarded last year one more step toward materialization.  Russia’s media

read more

Iran, Armenia to boost electricity exchange Energy

Iran, Armenia to boost electricity exchange   An official has announced that Iran-Armenia electricity exchange volume will become trebled upon completion of the third transmission line. Vice President of Iran Power & Water Industries Equipment & Services Export

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, Russia ink 1 billion dollar oil rig deal Energy

Iran, Russia ink 1 billion dollar oil rig deal   Russian shipbuilder Krasnye Barrikady and an Iranian company have signed a deal worth $1 billion to build five offshore drilling rigs for oil and gas exploration in the Persian Gulf.  The deal

read more

Is Putin the new Stalin? Political and military events

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

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

IFC considers funding Southern Gas Corridor project Energy

IFC considers funding Southern Gas Corridor project   International Finance Corporation (IFC) is considering the possibility of financing the Southern Gas Corridor project, IFC representative in Azerbaijan Aliya Azimova told Trend Sept.9. She pointed out that this project is of great importance

read more

Government to stimulate tourism industry Tourism

Government to stimulate tourism industry   Azerbaijan located in the junction of two world civilizations, is a miraculous country with its rich natural resources, and ancient culture, history and people, whose lifestyle presents a unique and harmonious combination of the traditions

read more

Iran interested in Russian tourists Tourism

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

read more

A confluence of old and new Tourism

A confluence of old and new   Azerbaijan may not be popular on the tourist radar, but it’s a good option if you want something unconventional Azerbaijan, called the land of fire, is filled with

read more

Kazakhstan offers SOCAR to take part in Eurasia project Energy

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

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

Iran offers incentives for foreign investment Investment

IIKSS – Iranian Finance and Economic Affairs Minister Ali Tayyebnia said Iran welcomes foreign investment and offers investors with a variety of incentives, IRNA reported. Speaking at the 20th general meeting and conference of Asia-Pacific Central Securities Depository

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

Azerbaijan to send export mission to Poland soon Investment

The introduction of local products of Azerbaijan to international markets is boosting the non-oil sector of the economy and strengthens business ties with foreign countries. Therefore, Azerbaijan is organizing a number of export missions to promote national products under the Made

read more

IIKSS Search

Azerbaijan to send export mission to Poland soon Investment

The introduction of local products of Azerbaijan to international markets is boosting the non-oil sector of the economy and strengthens business ties with foreign countries. Therefore, Azerbaijan is organizing a number of export missions to promote national products under the Made

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 offers incentives for foreign investment Investment

IIKSS – Iranian Finance and Economic Affairs Minister Ali Tayyebnia said Iran welcomes foreign investment and offers investors with a variety of incentives, IRNA reported. Speaking at the 20th general meeting and conference of Asia-Pacific Central Securities Depository

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

Kazakhstan offers SOCAR to take part in Eurasia project Energy

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

read more

A confluence of old and new Tourism

A confluence of old and new   Azerbaijan may not be popular on the tourist radar, but it’s a good option if you want something unconventional Azerbaijan, called the land of fire, is filled with

read more

Iran interested in Russian tourists Tourism

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

read more

Government to stimulate tourism industry Tourism

Government to stimulate tourism industry   Azerbaijan located in the junction of two world civilizations, is a miraculous country with its rich natural resources, and ancient culture, history and people, whose lifestyle presents a unique and harmonious combination of the traditions

read more

IFC considers funding Southern Gas Corridor project Energy

IFC considers funding Southern Gas Corridor project   International Finance Corporation (IFC) is considering the possibility of financing the Southern Gas Corridor project, IFC representative in Azerbaijan Aliya Azimova told Trend Sept.9. She pointed out that this project is of great importance

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

Is Putin the new Stalin? Political and military events

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

read more

Iran, Russia ink 1 billion dollar oil rig deal Energy

Iran, Russia ink 1 billion dollar oil rig deal   Russian shipbuilder Krasnye Barrikady and an Iranian company have signed a deal worth $1 billion to build five offshore drilling rigs for oil and gas exploration in the Persian Gulf.  The deal

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, Armenia to boost electricity exchange Energy

Iran, Armenia to boost electricity exchange   An official has announced that Iran-Armenia electricity exchange volume will become trebled upon completion of the third transmission line. Vice President of Iran Power & Water Industries Equipment & Services Export

read more

Russia holds tender for Iran power plant job Energy

Russia holds tender for Iran power plant job   Russia has announced a tender for the development of a key thermal power plant in Iran thus taking the project it was awarded last year one more step toward materialization.  Russia’s media

read more

Major rise seen in Russia’s trade with Iran Investment

Major rise seen in Russia’s trade with Iran Russia says its trade with Iran has increased by 70.9 percent after the sanctions against the Islamic Republic were removed earlier this year. Russia’s Ambassador to Tehran Levan Dzhagaryan was quoted

read more

Trade between Russia & Iran surges 71 percent Investment

 Trade between Russia & Iran surges 71 percent   With the lifting of sanctions, trade turnover between Moscow and Tehran has grown 70.9 percent in year-on-year terms, according to Russia's ambassador to Iran, Levan Dzhagaryan. Since international sanctions against Iran

read more

Russian industrial giant seals deal with Iran Investment

Russian industrial giant seals deal with Iran   Russia’s Technopromexport has become the country’s first enterprise to win a major industrial deal from Iran after the removal of the sanctions against the country.  Technopromexport, part of Russia's

read more

Russia pushing North-South route to reality Investment

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

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

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

read more

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

read more

Schneider Electric holds workshop at Baku Higher Oil School

On June 28, Baku Higher Oil School (BHOS) and Schneider Electric started a three day workshop on Contemporary Standards of Process Safety for SOCAR management, engineers and technical employees. During the three separate workshop sessions, the presentations will be made

read more

SOCAR's Azneft to introduce SCADA system Energy

SOCAR’s Azneft production unit is planning to develop SCADA (supervisory control and data acquisition) system to create virtual form of the oil and gas fields of the country, SOCAR reported. SCADA system will allow visualization of oil and gas fields operations,

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

Tehran, Kiev after closer trade ties Investment

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

read more

Socar and Uzbekneftegaz join forces in Uzbekistan Energy

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

read more

Southern Gas Corridor to attract about 7B dollar Energy

Southern Gas Corridor to attract about $7B The Southern Gas Corridor project, designed to supply Caspian gas to Europe, intends to attract investments worth $7 billion. The remark was made by Rovnag Abdullayev, President of Azerbaijan's state-owned energy company SOCAR on

read more

US, EU support Southern Gas Corridor Energy

US, EU support Southern Gas Corridor   US-EU Energy Council reiterated its strong support for the opening of the Southern Gas Corridor, including the construction of the Trans-Adriatic Pipeline (TAP), said in a statement of the US-EU Energy Council. Council underscored the

read more

Azerbaijan, appropriate tourism destination for Russians Tourism

Azerbaijan, appropriate tourism destination for Russians A tense situation between some countries hamper tourism sector in many tourist attractive counties. Director of Summer Tour travel company Aykhan Allazli claims that Azerbaijan can become a new destination for Russian tourists. He said that

read more

Long-awaited subway stations open Investment

Long-awaited subway stations open Baku citizens and the guests of the Pearl of the Caspian Sea will have an access to two more subway stations in the capital, which is expected to ease the daily travelling plans. Those, who wish to

read more

BP, its partners invest in Azerbaijan Energy

BP, its partners invest almost $60B in Azerbaijan Trend: The British BP company together with its partners on development of the Azeri-Chirag-Guneshli and Shah Deniz oil and gas fields invested in Azerbaijan over $58 billion over the period of more than 20-year

read more

SGC to save Turkey from gas dependence on Russia Energy

SGC to save Turkey from gas dependence on Russia Trend: The Southern Gas Corridor (SGC) project will save Turkey from gas dependence on Russia, said Stephen Blank, senior fellow at the American Foreign Policy Council. He made the remarks addressing an event

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

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

read more

SOCAR: SGC project shareholders plan to raise extra $2B Energy

Trend: Shareholders of the Southern Gas Corridor (SGC) project plan to raise additional $2 billion from international finance institutions to fund the project, Rovnag Abdullayev, president of Azerbaijan’s state oil company SOCAR, told reporters April 2. Abdullayev said the funds are planned

read more

Iran to start issuing electronic visas by 2017 Tourism

Iran will start issuing electronic visas for foreign tourists by the end of 2016, Masoud Soltanifar, Iran’s vice-president said. Soltanifar, who heads Iran’s Cultural Heritage, Handicrafts and Tourism Organization, added that Tehran also pursues the issue of mutual visa waiver with

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

New fishing regulations for 2016 Fishing

FRANKFORT — It is no longer getting dark at dinner time. We are beginning to have days cresting the 50 degree mark. It is enough to make you want to go fishing. Before you cast a line, however, you need to

read more

Terms of bond issuance for Southern Gas Corridor defined Energy

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

read more

UK supporting implementation of Southern Gas Corridor Energy

By Rufiz Hafizoglu – Trend: The UK fully supports the implementation of the Southern Gas Corridor (SGC) project, the country’s ambassador to Turkey Richard Moore said, Turkish TGRT TV channel reported March 1. The diplomat noted that the SGC project will ensure

read more

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

read more