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Fresh oil explorations in Caspian Sea Energy

TEHRAN, Jun. 24 (MNA) – A trilateral agreement has returned exploration teams of the Oil Ministry to Caspian Sea blocks. The first oil field in Caspian Sea deep waters was discovered four years ago;

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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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Iran prepared for oil swap in Caspian Sea Energy

TEHRAN, Feb. 10 (MNA) – An official of Iranian Oil Terminals Company (IOTC) has said operation of new oil storage facilities will improve Iran’s oil swap capacity. Hamid Reza Shahdoust who was talking to reporters on Wednesday

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Turkmenistan connects oil output growth with Caspian Sea Energy

Ashgabat, Turkmenistan, Feb. 19 By Huseyn Hasanov– Trend: Turkmenneft State Concern starts implementation of plans on the development of the Turkmen sector of the Caspian Sea, Turkmen Oil and Gas Ministry said. Turkmenistan’s sea resources are estimated at 12 billion tons of oil

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SOCAR commissions gas well in Caspian Sea Energy

By Maksim Tsurkov – Trend: SOCAR (State Oil Company of the Republic of Azerbaijan) will additionally produce around 32.85 mcm of gas and 5,480 tons of condensate annually by commissioning a well at the Guneshli offshore field after overhaul, the company

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Huge jump in Russian black caviar exports Fishing

The export of Russian black caviar has tripled in the first eleven months of last year compared with the same period of 2014, the Russian Ministry of Agriculture reported on Friday. Read more about 50 tons of black caviar, and exported 4.71

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Extracting anti-cancer drugs from sea cucumbers Ecosystem

TEHRAN, Jan. 05 (MNA) – Head of Aquatics’ Knowledge, Industry and Market Coordination Association said the project of extracting anti liver cancer medicines from sea cucumbers is currently underway at Shahid Beheshti University. Abasali Matlabi maintained that

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SOCAR AQS drilling new well in Caspian Sea Energy

By Maksim Tsurkov – Trend: Azerbaijan’s SOCAR-AQS drilling has started drilling a new well at the Western Absheron field in the Azerbaijani sector of the Caspian Sea, the company told Trend Feb. 15. “The drilling of the horizontal

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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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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

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Iran capable of turning into tourism hub Tourism

By Farhad Daneshvar – Trend: Iran is capable of turning into a regional tourism hub in the near future, a Spanish envoy to Tehran believes. “Iran will turn into a regional tourism and economic destination,” IRNA news agency

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Azerbaijan won’t increase oil output Energy

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

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German scholar says Iran is rich in archeology History

Tehran, March 6, IRNA – Senior Researcher from German University of Munich, Dr. Christian Konrad Piller, said on Sunday that he had done much archeological work in Iran, notably detecting hints of public social standings in the country in

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Khazaria: A Forgotten Empire History

With the break-up of the Soviet Union and the troubles prevalent in the Balkans there has been much renewed interest in the early history of Eastern Europe. Troubles have fuelled nationalist tendencies in the region and there has been much

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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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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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KazMunaiGas crashes prepayment party to improve debt profile Energy

Read the rest of this TXF article here: http://www.txfnews.com/News/Article/5472/KazMunaiGas-crashes-prepayment-party-to-improve-debt-profile. For more high quality trade, export & agency, and commodity finance journalism and events, visit www.txfnews.com Kazakhstan’s state-owned KazMunaiGas (KMG), an umbrella company of several subsidiaries, is closing a $3

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Turkey looks to boost trade ties with Kazakhstan Investment

Turkish Economy Minister Mustafa Elitas has said the Middle Corridor, a proposed transportation network extending from the Caspian Sea through Turkey and Azerbaijan to Central Asia and China, will boost economic recovery in the region, Anadolu agency reported. Addressing the 9th

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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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Baku to host Caspian – Black Sea Agrarian Congress Agriculture

Baku, AZERTAC One of the most significant events of the agricultural sector, Caspian and Black Sea Agrarian Congress will take place in Baku, on April 12-13. The all-Ukrainian public organization Ukrainian Grain Association and the information-analytical agency APK-Inform are the Congress organizers. Organizational

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Caspian gull sighted at Kundapur Ecosystem

A bird watcher has sighted a Caspian gull at Kundapur in Udupi district. M. Ranganath Bhat from Mangaluru, a member of Coastal Karnatka Bird Watchers Network, spotted this the bird in the backwaters of Kundapur on February 21. It

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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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Iran, Russia eye oil & gas swap Energy

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

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Turkmenistan to increase production of high-octane gasoline Energy

By Huseyn Hasanov– Trend: With commissioning alkylation units and isomerization at Turkmenbashi Complex of Oil Refineries (TCOR), it will be possible to produce additional 480,000 tons of high-octane gasoline (А-92, А-95 and А-98) per year, said the message from Turkmenistan’s Oil

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The Beginner's Guide to Caviar Fishing

The Beginner's Guide to Caviar How to serve, pair, and savor the finest sturgeon roe. There's no quicker way to announce that a meal special. More than lobster or champagne (or even a giant bucket of fried chicken), a dollop of

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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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SOCAR inks deal with Canada’s Zenith Energy Energy

By Azad Hasanli - Trend: Azerbaijan’s state oil company SOCAR and Zenith Aran Oil Company, a subsidiary of Canada’s Zenith Energy, signed March 16 an agreement on production sharing, restoration, development and exploration at the block that includes Muradkhanli, Jafarli and

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Search underway for missing oil workers Investment

The search for the oil workers, who went missing in the Caspian Sea, continues in Azerbaijan, the country’s ministry of emergency situations said on March 18. The oil workers went missing in an accident on the platform No. 10 of Azerbaijan’s

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Turkmen oil refineries' complex to up LPG output Energy

By Aynur Karimova The Turkmen Ministry of Oil and Gas and Natural Resources has revealed the Turkmenbashi Complex of Oil Refineries' liquefied gas production plans for 2016. The ministry reported on March 18 that the complex will produce 340,000 tons of LPG

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Ashgabat, Prague eyeing expanded partnership Investment

By Huseyn Hasanov – Trend: Turkmenistan and the Czech Republic discussed the expansion of cooperation and the possibility of partnership in the fuel and energy industry, transportation and communications sectors, read a Turkmen government message, released March 18. These discussions took place

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Russian interest in East Med and Cyprus gas Energy

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

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Iran’s Rights in the Caspian Legal Issues

Hoshang Tale, Ph D (Economics), Consultant Economist & Researcher Before Peter the Great (1682- 1752) played his political games in the Caspian region, this Sea was under the sole control of Iran and was known as the Sea of Mazandaran after

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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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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

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Iran invited to Doha oil freeze talks Energy

Iran invited to Doha oil freeze talks Qatar’s media said on Wednesday that the country has invited Iran to join talks over implementing a proposed oil production freeze to help stabilize prices. Qatar’s Ministry of Energy and Industry has

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Iran announces major jump in oil exports Energy

Iran announces major jump in oil exports Iran says its oil exports have already reached around 2.2 million barrels per day (bpd) in what could highlight a major progress in the country’s post-sanctions oil industry performance. Iran’s First Vice

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Iran using Asian help to revamp refineries Energy

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

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Iran-Pakistan gas pipeline still alive Energy

By Emil Ilgar – Trend: Iran-Pakistan gas pipeline project, is not dead and negotiations over realization of the project continue, the Managing Director of National Iranian Gas Company Hamid Reza Iraqi told Fars News Agency. "Pakistan has agreed to build a 100km-pipeline

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Persian Panic Political and military events

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

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Azerbaijan increases gas supply to Turkey Energy

Trend: Azerbaijan supplied 594.46 million cubic meters of gas to Turkey in January of 2016, compared to 577.36 million cubic meters in January of 2015, said the report from Turkey’s Energy Market Regulatory Authority (EMRA). This is while the country delivered 6.17

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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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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

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Turkmenistan starts welding TAPI pipeline’s linear part Energy

Trend: Turkmennebitgazgurlushyk (“Turkmenneftegazstroy”) state concern has begun welding the pipes of the linear part of Turkmenistan-Afghanistan-Pakistan-India (TAPI) gas pipeline’s Turkmen section. More than 100 units of special equipment are being used within current work, a message released by Turkmen Oil and Gas

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Turkmenistan aims to diversify fuel & energy industry Energy

Trend: During a meeting of the Turkmen cabinet of ministers, the country’s president, Gurbanguly Berdimuhamedov, gave a number of instructions on further implementing the adopted programs of development, modernization and diversification of the national fuel and energy industry. These steps are meant

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WB to discuss Absheron lakes clean up Environment

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

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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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Turkmen parliament adopts trading activity law Legal Issues

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

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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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Topaz Energy and Marine Net $ 20.8m Profit Investment

Topaz Energy and Marine, a leading offshore support vessel company, today announces its results for the year ended 31 December 2015. Business Highlights   * Net Profit for the period was US$ 20.8m before exceptional items, impairment charge

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Kashagan to expand and extend first production stage Investment

ASTANA – The Kashagan development project operator – North Caspian Operating Company (NCOC) – is planning to substantially expand and extend the first production stage – the Experimental Programme (EP). The operator company has developed an AEP project – Additional

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Lukoil expands operations in Caspian Sea Energy

Lukoil plans to increase oil production in the Caspian Sea by 7 million tons a year after commissioning the Vladimir Filansky field. Lukoil has already approved all its plans for the Caspian Sea. With the introduction of the full capacity in

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Baku to host Int'l Food Industry Expo Investment

WorldFood Azerbaijan 2016, one of the most important and significant events in the region’s food industry, will take place from May 19-21 at Baku Expo Center. Over the years, the exhibition has established itself as a leading event in

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SOCAR commissions well in Caspian Sea Energy

Trend: Azerbaijan’s state oil company SOCAR will additionally produce over 6,900 tons of oil and 6.2 million cubic meters of gas a day thanks to the commissioning of a well at the offshore Oil Rocks field after the well has been

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River Sea Tows Black Sea Vessel Investment

Russian transportation firm River Sea Shipping Company has completed towage operations for two strips of a diving support vessel from the Black Sea to Baku in Azerbaijan. The strips from support vessel Khankendi were delivered via the Russian South river route, connecting Azov

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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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CASPIANS History

CASPIANS or CASPIANS tribes name of an ancient people dwelling along the southwestern shore of the Caspian Sea, whether north or south of the river Kura is not clear. CASPIANS (Gk. Káspioi), name of an ancient people dwelling along the southwestern shore

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Caspian horse Ecosystem

Caspian horse The Caspian is a small horse breed native to Northern Iran. Although its original height probably ranged between 9 and 11.2 hands (36 and 46 inches, 91 and 117 cm) it is termed a horse rather than a pony

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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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CASPIAN SEA ii. DIPLOMATIC HISTORY IN MODERN TIMES History

CASPIAN SEA ii. DIPLOMATIC HISTORY IN MODERN TIMES A new area of sub-systemic studies in international relations, which encompasses the Caspian basin and its immediate surroundings, emerged in the post-Soviet Union era. CASPIAN SEA ii. Diplomatic History in Modern Times. A new

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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

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Caspian states decrease oil products’ export to Iran Energy

Trend: Iran’s oil products imports from Caspian littoral states decreased significantly in first quarter of 2016, the official statistics indicate. According to Iranian Ports and Maritime Organization, the unloading of oil products at Iran’s Caspian ports decreased significantly. Iran’s Neka, Anzali, Fereidoon Kenar

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Tethys Petroleum incurs huge losses in 2015 Energy

Trend: The losses of the Tethys Petroleum Limited in 2015 stood at $74.6 million as compared to $16.4 million in 2014, said the company in a message posted on its website March 31. Tethys Petroleum Limited is an oil and gas exploration

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Doha oil meeting helpful, yet not ideal Energy

The upcoming Doha meeting on oil production will yield positive results on prices, yet it is far from an ideal move, said Mohammad Ali Khatibi, former Iranian representative in OPEC. The reason is that the meeting is going to focus 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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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

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SOCAR hopes major oil contract to be prolonged soon Energy

Trend: Azerbaijan’s state oil company SOCAR continues talks with its partners on signing a contract to continue the development of Azeri-Chirag-Guneshli (ACG) block of oil and gas fields and hopes for speedy solution of this issue, says SOCAR President Rovnag Abdullayev. An

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Iran’s oil, condensate export surpasses 2 mbpd Energy

Iran’s oil export has recently surpassed two million barrels per day, the country’s oil minister, Bijan Namdar Zanganeh said. “The country now is exporting over two million barrels of gas condensates and crude oil per day,” Zanganeh said, Mehr news agency

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3000 foreign tourists visited Niasar Tourism

Kashan, April 3, IRNA – Some 3,000 foreign tourists visited natural sightseeings of Niasar, knwon as rose-land for growing rose flowers on the suburbs of Kashan, Isfahan province, in the course of Norouz holidays, caretaker of the city's Municipality

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Another reason for an oil roll over Energy

Since writing last week about an impending drawdown in floating storage which would pressure Brent prices lower, front month Brent has fallen by -6.3% (USD -2.6/bbl). However this has had nothing to do with floating storage as the Bloomberg estimate

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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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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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full text of The Anglo-Russian Entente - 1907 History

Agreement Concerning Persia The Governments of Great Britain and Russia having mutually engaged to respect the integrity and independence of Persia, and sincerely desiring the preservation of order throughout that country and its peaceful develop ment, as well as the

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full text of Treaty of Gulistan (1813) History

full text of Treaty of Gulistan (1813) In the name of Almighty God With the intention to cease horror of the war and re-establish steady peace and well-wishing friendship neighborhood shared by Russia Empire and the State of Iran since the

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full text of Treaty of Turkmenchay (1828) History

full text of Treaty of Turkmenchay (1828) Treaty of Turkmenchay (1828) ARTICLE I His Majesty the Russian Emperor and His Majesty the King of Iran have agreed to eternal peace, friendship and full agreement between them, their heirs to the throne,

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Gilaks People Caspian geography and anthropology

Gilaks People The Gilani people or Gilaks  are an Iranian people native to the northern Iran province of Gilan. Gilaks, along with the closely related Mazandarani people, comprise part of the Caspian people, who inhabit the southern

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Chalus Tourism

Chalus is a city in and the capital of Chalus County, Mazandaran Province, Iran. At the 2006 census, its population was 44,618, in 12,791 families. Chalus’s neighbour counties are Noshahr in the east, Tonekabon in the west in Mazandaran province and

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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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Ramsar Tourism

Ramsar Ramsar is a city in and the capital of Ramsar County, Mazandaran Province, Iran. At the 2012 census, its population was 33,018, in 9,421 families. Ramsar lies on the coast of the Caspian Sea. It was also

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Masuleh Tourism

Masuleh Masuleh is a city in and the capital of Sardar-e Jangal District, in Fuman County, Gilan Province, Iran. At the 2006 census, its population was 554 individuals from 180 families. Historical names for the city include Māsalar

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Legal status of Caspian Sea back on agenda Legal Issues

Baku hosted the next meeting of the special working group created at the level of deputy ministers to develop a convention on a legal status of the Caspian Sea. Deputy Foreign Minister of Azerbaijan Khalaf Khalafov, addressing the session on April

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SOCAR attracts additional funds from IBA Energy

SOCAR, the state energy company of Azerbaijan attracts 200 million manats ($131.7 million) from the International Bank of Azerbaijan (IBA) for 2016. The funds that SOCAR will get is the next tranche of loans allocated for the drilling works in the

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Caspian European Club reorganizes activity Investment

Trend: According to the decision of the CEIBC's senior management, the Caspian European Club (Caspian Business Club) will shift to a closed format of activities from April 11, 1st Vice-Chairman and CEO of the Caspian European Club (Caspian Business Club) Telman

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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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Azerbaijan, Iran to build border railway bridge Investment

Trend: Azerbaijan, Iran and Russia attach great importance to the transport corridors passing through these countries, and in particular the railway networks, Azerbaijani Foreign Minister Elmar Mammadyarov said. He made the remarks at a press conference following the trilateral meeting of the

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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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Ukraine formally joins Trans-Caspian Int’l Transport Route Investment

Ukraine formally joins Trans-Caspian Int’l Transport Route Ukrainian Railways Company Ukrzaliznytsia is drafting a proposal for joining the project of transporting containers via Trans-Caspian International Transport Route connecting Europe with China via Azerbaijan and Kazakhstan. The company has been holding respective

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Caspian Sea littoral states eye economic cooperation Investment

Caspian Sea littoral states eye economic cooperation Trend: Deputy foreign ministers of the Caspian Sea littoral states have discussed expansion of economic cooperation at a meeting in Baku, an Iranian deputy foreign minister said. The Islamic Republic of Iran believes in the

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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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Iran, Kazakhstan ink power deal Energy

Iran, Kazakhstan ink power deal Iran and Kazakhstan have signed three powerhouse building contracts worth 600 million dollars. On the verge of Kazakh president’s visit to Tehran, the two countries sealed an agreement with Eurasia Invest Group

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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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Russia to build 2 tankers for Azerbaijan Investment

Russia to build 2 tankers for Azerbaijan Russia's Krasnoye Sormovo Shipyard, a subsidiary of the United Shipbuilding Corporation, and Azerbaijan's Caspian Marine Services Ltd. signed a contract for building and delivery of two RST27 tankers, said Krasnoye Sormovo Shipyard on its

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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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Damen delivers modular solution to Van Oord Investment

Damen delivers modular solution to Van Oord Dredging company to charter vessel from launching customer Damen Marine Services for Caspian Sea operations To support its ongoing dredging activities, Van Oord has commenced an 18-month charter agreement with Damen Marine Services for

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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

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At home, despite the heat Ecosystem

At home, despite the heat Migratory birds including flamingoes and pelicans have stayed put at the famous Chilika Lake in Odisha despite the sweltering heat, forest officials said. “Around 50,000 birds have been spotted in the 15.59 sq-km Nalabana

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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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WorleyParsons ink five-year contract with BP Azerbaijan Energy

WorleyParsons ink five-year contract with BP Azerbaijan azernews WorleyParsons has been awarded a five-year contract for Engineering, Procurement and Construction Management (EPCm) services for BP-operated assets in Azerbaijan, Georgia and Turkey, Azertac state news agency reported. Under the agreement, WorleyParsons will provide

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Globalink crosses the Caspian Investment

Globalink crosses the Caspian Kazakhstan headquartered Globalink Logistics Group has coordinated the delivery of out-of-gauge machinery and construction equipment from Yolotan, Turkmenistan to an oilfield site across the Caspian Sea at Atyrau. The Globalink teams in Kazakhstan and Turkmenistan prepared

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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

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Gazprom and ENI to step up cooperation Energy

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

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New appointment at Turkmenistan’s state concern Investment

New appointment at Turkmenistan’s state concern Trend: Japarguly Orazov has been appointed the deputy chairman of Turkmenneft State Concern. Turkmenistan's President Gurbanguly Berdimuhamedov signed the relevant decree on his appointment. The state concern's activity covers more than 600 oil, oil & gas and

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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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Why do we need to save the tiger? Ecosystem

Why do we need to save the tiger? The natural population of these beautiful felines that we are used to seeing under captivity is disintegrating slowly. Tigers are among the most endangered animals on earth. The natural population of

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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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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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Turkmenistan, Italy studying joint projects Energy

Turkmenistan, Italy studying joint projects Trend: Turkmenistan and Italy have great opportunities to diversify the cooperation and implement joint projects in various spheres, says the Turkmen President Gurbanguly Berdimuhamedov. He made the remarks during a meeting of the Cabinet of Ministers, read

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Gas fields development in Turkmen Karakum Desert kicks off Energy

Gas fields development in Turkmen Karakum Desert kicks off Trend: The Turkmen State Concern 'Turkmennebitgazgurlushyk' has started development of a group of gas and condensate fields 'Zeakli-Derveze' in the Central Karakum Desert in Turkmenistan since early 2016, the country's oil and

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U.S. calls for strong economic ties with Azerbaijan Investment

U.S. calls for strong economic ties with Azerbaijan The U.S. State Department has voiced the necessity to strengthen the economic ties between Baku and Washington. "We discussed the issues related to trade, finances, agriculture, combating corruption," Kurt Tong, the Principal Deputy

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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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Turkmenistan intensifies development of Caspian Sea shelf Energy

Turkmenistan intensifies development of Caspian Sea shelf Turkmenistan's President Gurbanguly Berdimuhamedov has given instructions regarding the development of hydrocarbon resources in the country's Caspian Sea shelf, read a message from Turkmenistan's government. This issue was discussed during the meeting of the

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Turkmenistan-EU joint project on energy efficiency Energy

Turkmenistan-EU joint project on energy efficiency Turkmenistan and the European Union have launched a joint project on the implementation of strategies for sustainable development in Turkmenistan to help the country in the rational use of natural resources and energy, newspaper

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SOCAR launches new oil well Energy

SOCAR launches new oil well State Oil Company of Azerbaijan (SOCAR) will increase the production level to more than 11.3 million tonnes of oil per year due to commissioning of new oil well in Oil Rocks offshore field, the

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Saipem inks string of E&C contracts Energy

Saipem inks string of E&C contracts Saipem has been awarded new engineering and construction contracts cumulatively valued at about €430 million. The work includes a contract with Statoil, for the lift and mating operations of offshore floating wind turbines for

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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

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S&P affirms ratings of Kazakh KazTransOil pipeline operator Energy

S&P affirms ratings of Kazakh KazTransOil pipeline operator Trend: Standard & Poor's Ratings Services affirmed its 'BB' long-term corporate credit rating on Kazakhstan-based oil pipeline operator KazTransOil (KTO), the rating agency reported. The outlook is negative, according to the agency. The affirmation reflects

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Russian oil CEO: We won't do deals with OPEC Energy

Russian oil CEO: We won't do deals with OPEC MOSCOW (CNNMoney) —A top Russian oil executive may just have killed off any lingering talk of an agreement among producing countries to freeze output. The world's top exporters, including Russia,

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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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Songs of devotion Caspian geography and anthropology

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Karabakh conflict discussed in Tokyo Political and military events

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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

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Baku Higher Oil School to organize int’l conference Energy

Baku Higher Oil School to organize int’l conference On 25-28 April, 2016, BHOS and UK-based Confidence Capital company with the support of SOCAR will jointly organize international practical conference on 'Caspian Basin and Central Asia: Trade, Logistics, Oil Processing and

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Turkmenistan to host int’l gas congress in May Energy

Turkmenistan to host int’l gas congress in May   The seventh International Gas Congress of Turkmenistan is planned to be held May 19-20, 2016 at 'Avaza' national tourist zone, the event organizer Turkmengaz state concern announced. The forum will bring together around

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Iran-Azerbaijan trade turnover up Investment

Iran-Azerbaijan trade turnover up by 53% Trade turnover between Iran and Azerbaijan has increased by 53 percent in the first three months of the current year, said Iran's ICT Minister Mahmoud Vaezi speaking to reporters in Baku April 21. Vaezi, who

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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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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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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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Azerbaijan may discover additional gas condensate reserves Energy

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

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Caviar exports from Iran up 183 percent Fishing

Caviar exports from Iran up 183% yr/yr Tehran- Iran’s exports of caviar rose to worth $1.7 million showing 183.3 percent increase in the past Iranian calendar year of 1394 (ended March 19, 2016), the ISNA news agency reported on

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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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To Walk This Wilderness, Carry a Shovel Tourism

To Walk This Wilderness, Carry a Shovel Caching water on the steppes of Kazakhstan is like an act of worship or a duty of penance. Paul Salopek is walking the global trail of the first humans who migrated out of

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Russia Renewable Energy Report Energy

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

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Tehran, Moscow to run water exploration program Hydrology

Tehran, Moscow to run water exploration program Deputy energy minister has said exploration of deep waters in Iran will be carried out in partnership with Russia. Iranian Deputy Minister of Energy Sattar Mahmoudi made the remarks noting “on the basis of studies

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Iran, Azerbaijan to step up ICT coop Investment

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Turkey imports 700m cmd gas from Iran in April Energy

Turkey imports 700m cmd gas from Iran in April Turkey imported close to 700 million cubic meters of gas from Iran in February. Turkey's annual gas imports from Iran, as the second major gas supplier worldwide, is 10 billion cubic meters.

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SOCAR commissions new platform in Caspian Sea Energy

SOCAR commissions new platform in Caspian Sea Azerbaijan's state oil company SOCAR completed the construction of the new deep-water platform #6 at the Bulla Deniz gas field in the Caspian Sea and commissioned it, reads a SOCAR message issued May

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Empty Gazpromises Energy

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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

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NDFI, KEXIM ink MoU Investment

NDFI, KEXIM ink MoU National Development Fund of Iran (NDFI) and the Export–Import Bank of Korea, also commonly known as the Korea Eximbank (KEXIM) have signed a memorandum of cooperation. During the visit of South Korean president

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Iran Oil Show 2016 kicks off Energy

Iran Oil Show 2016 kicks off The 21st International Oil, Gas and Petrochemical Exhibition started work here Thursday for four days. Near 2,000 companies from Iran and 38 world countries have attended Iran Oil Show this year.

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How to Judge the New Generation of Caviar Fishing

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

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Turkmenistan should focus on developing Caspian oil fields Energy

Turkmenistan should focus on developing Caspian oil fields   Turkmenistan's President Gurbanguly Berdimuhamedov has emphasized the necessity of accelerating the work on developing the country's large oil and gas fields and paying special attention to the Turkmen sector of the Caspian

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Keeping microbes, zebra mussels away Ecosystem

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Renewable Energy Report For Russia Energy

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No Way Out Ecosystem

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

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Iran launches talks with 4 states over oil swap Energy

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

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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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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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Tatarstan interested in trade with Iran Investment

Tatarstan interested in trade with Iran A Chamber of Commerce official of Tatarstan, a republic of Russian Federation has voiced the republic’s interest in trade with Iran. This official is the first deputy-head of the Chamber of

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SOCAR to purchase gas from Russia Energy

SOCAR to purchase gas from Russia Natural resource rich Azerbaijan decided to purchase gas from neighboring Russia in order to maintain oil production. Azerbaijan's state-owned energy company SOCAR submitted a proposal to Russian Gazprom to purchase from 3 to 5 billion

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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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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

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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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Ankara, Baku to become sister cities Tourism

Ankara, Baku to become sister cities Baku and Ankara can become sister cities soon, as the Ankara City Municipality decided to sign relevant protocols, Turkish Haberlerankara newspaper reports. The decision aims to further strengthen the relations between Azerbaijan and Turkey. Ankara, Turkey's

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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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Iran to build 50MW wind farm in Kazakhstan Energy

Iran to build 50MW wind farm in Kazakhstan Iran has signed an agreement with Kazakhstan towards building a 50-megawatt wind power plant in the west of Kazakhstan on the Caspian Sea coast within 18 months, a report said. The agreement with

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Iran to export agricultural products to Russia Investment

Iran to export agricultural products to Russia Deputy agriculture minister said Iran’s agricultural and fishery products will be deployed to Russia via Tehran-Astrakhan direct flights. Iranian Deputy Minister of Agriculture Hassan Salehi announced the launch of direct

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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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Intl. rail expo, conference kick off Investment

Intl. rail expo, conference kick off   The 4th International Exhibition of Rail Transportation, Related Industries and Equipment of Iran, dubbed RAILEXPO 2016, and the first international conference titled “Rail-Ports and Rail-Oil” opened in Tehran on Sunday. Representatives

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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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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

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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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Iran to export 90k tons fisheries Fishing

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

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Baku to the future Political and military events

Baku to the future   NEXT month around two dozen Formula One racecars will speed through the gleaming centre of Baku, the capital of Azerbaijan. They will zoom along the shore of the oil-rich Caspian Sea, past five-star hotels and

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Int’l gas congress opens in Turkmenistan Energy

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

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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

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Caspian Sea Yard to Build Persian Gulf Jack Ups Investment

Caspian Sea Yard to Build Persian Gulf Jack Ups   The Red Barricades shipyard in Astrakhan, Russia, has finalized a contract for the construction of five $200 million jack up rigs for Iranian firm SADID Industrial Group.  SADID and Red Barricades said that

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Zero tariff for 8 Iranian export products Investment

Zero tariff for 8 Iranian export products   Based on an agreement between Tehran and Eurasian Economic Union, the exports tariff for Iran to export eight products to EEU members was eliminated. EEU includes Russia, Belarus, Kazakhstan, Kyrgyzstan and

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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

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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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Sanitary inspection of Absheron beaches initiated Environment

Sanitary inspection of Absheron beaches initiated   The Hygiene & Epidemiology Centre of Azerbaijan launches a study of water quality in the beach areas of the country. Centre’s department head Ziyaddin Kazimov has stated that samples for analysis were withdrawn on the

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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

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INOTEX 2016 presents IT and ICT achievements Investment

INOTEX 2016 presents IT and ICT achievements Iran, Russia, Belarus, Ukraine and Greece introduced their achievements in a meeting on IT and ICT technology exchange held on the sidelines of 2016 INOTEX Exhibition.   Speaking on the sidelines of

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EBRD Mulls SGC Loan Energy

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

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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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The fascinating land of Dagestan History

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

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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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ARETI shows interest in further cooperation with Turkmenistan Investment

ARETI shows interest in further cooperation with Turkmenistan   ARETI International Group of companies is interested in joining projects implemented in different spheres of Turkmenistan’s economy. During his meeting with President Gurbanguly Berdimuhamedov, Chairman of the ARETI International Group of Companies Igor

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Iran ready to join European power grid Energy

Iran ready to join European power grid   Iran’s Energy Minister Hamid Chitchian has announced the country’s readiness to join the electricity grid of Europe. Speaking at a meeting with Energy Charter Secretary General Urban Rusnák in Tehran,

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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.

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In Iran, Modi projects Vajpayee’s vision Investment

In Iran, Modi projects Vajpayee’s vision The quantum leap for Indian diplomacy that was the Chabahar agreement, was seeded by NDA1 and nurtured by NDA2, while the two UPA administrations in between failed to make much progress The recent agreement between

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Moscow is preparing special beach areas Tourism

Moscow is preparing special beach areas   FOR IMMEDIATE RELEASE: This summer, in the city of Moscow, there will be arranged new beaches on the banks of rivers and lakes of the city with demarcated areas where water would not exceed 1.2

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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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Kazakh minister provides Kashagan update Energy

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

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Armenians in Dhaka History

Armenians in Dhaka   Turkey seems to have a burlesque history of genocide denial. On June 2, the German Parliament voted to recognise the 1,915 killings

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Turkmenistan to host 3rd Iran-Project expo Investment

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

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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

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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

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In Iran, Modi projects Vajpayee’s vision Investment

In Iran, Modi projects Vajpayee’s vision   The recent agreement between Iran, Afghanistan and India to build the Chabahar port on the Iranian coast and link it with the existing rail and road network and related industrial corridor into

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Iran, Russia to ramp up nano cooperation Investment

Iran, Russia to ramp up nano cooperation   INIC head Saeid Sarkar said Sun. Iran and Russia reached agreement on 16 cases for nano cooperation in the 3rd Iran-Russia High Commission on Nanotechnology Cooperation held in Moscow earlier this

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Caspian Shipping Company commissions new vessels Investment

Caspian Shipping Company commissions new vessels Azerbaijan Caspian Shipping CJSC has put into commissioning four dry cargo vessels that will operate beyond the pale of the Caspian Sea. A ceremony to raise Azerbaijan`s state flag in the “Vagif”, “Sabir” “Huseyn Cavid”

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Total Seeks Better Terms for Baku’s No 2 Field Energy

Total Seeks Better Terms for Baku’s No 2 Field   Azerbaijan has extended the deadline for French major Total to submit the development plan for the first phase of the country’s second biggest gas field, Absheron, which contains 350bn m3 of gas

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Caspian Shipping Commissions 4 Vessels Investment

Caspian Shipping Commissions 4 Vessels Azerbaijan Caspian Shipping Company has put into commissioning four dry cargo vessels that will operate beyond the pale of the Caspian Sea, reports AzerNews.   An event to raise Azerbaijan`s state flag in the “Vagif”, “Sabir” “Huseyn

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Port Of Call Investment

Port Of Call The Chabahar port in Iran will help India get direct access to Central Asian markets. For India Inc, it is a huge business opportunity. On September 1, 2014, when Prime Minister Narendra Modi was on his maiden visit

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Turkmen geologists to focus on oil fields search Energy

Turkmen geologists to focus on oil fields search   The search for oil fields is currently one of the priority directions of geological exploration work of "Turkmengeology" - the government's organization in the field of geological exploration, said the message of

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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

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Iran, Russia in talks over electricity exchange Energy

Iran, Russia in talks over electricity exchange   A new report says Iran and Russia are in final talks over electricity exchange during high seasons. Payam Baqeri, head of Export Committee of the Iranian Power Industry Union, has told the Azerbaijan

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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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Caspian Overview: Azerbaijan Talks with Gazprom Energy

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

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Tehran-Astrakhan direct flight starts operation Investment

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

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Kazakhstan to resume oil production on Kashagan field 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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Focus on Caucasian pit viper Ecosystem

Focus on Caucasian pit viper   Vipers are the most efficient poisonous snakes of all. Their long fangs can inject venom deep into a victim. The venom acts mainly on the blood and muscles of the prey. Vipers usually have

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Iran, Azerbaijan discuss cultural ties cultural

Iran, Azerbaijan discuss cultural ties   The Republic of Azerbaijan’s Ambassador to Iran Bunyad Huseynov met Iran’s Minister of Culture Ali Jannati to discuss bilateral issues of concern. There are several cultural points that the two countries share, such as the poems

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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

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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

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Russia supports Iran’s SCO membership Political and military events

Russia supports Iran’s SCO membership Russian officials have reiterated support for Iran’s membership in the Shanghai Cooperation Organization (SCO) and have emphasized that the process for Iran’s membership in the Organization need to be expedited.   Bakhtiyer Khakimov, Russia’s presidential

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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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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

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Invasive Species Could Creep into Armstrong Waters Ecosystem

Invasive Species Could Creep into Armstrong Waters   by Jonathan Weaver Boaters traveling along the Allegheny River or traveling to places like Pymatuming State Park in Crawford County this Summer should heed warning: there could be invasive species traveling with you. Biologist Sara Stahlman,

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SOCAR-KBR Llc head assigned Energy

Baku, Fineko/abc.az. Alp Togay Kurum, a citizen of Turkey, has been appointed general director of Azerbaijani-American joint venture SOCAR-KBR Llc within the start of JV’s commitments on the management of the project of reconstruction of the Baku Oil Refinery n.a.

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Barter Enables Iran-Turkmenistan Gas Trade Energy

Iran will import gas worth $30bn from Turkmenistan over the next ten years in exchange for engineering goods and services of the same value. Oil ministry representative Mohammad Taqi Amanpour said June 27 that the two countries had finalized $2.5bn of

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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,

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GEG signs LoI for Caspian seabed seismic system Ecosystem

OSLO, Norway – inApril has signed a letter of intent (LoI) that could lead to a first commercial agreement for its Venator node-based seabed seismic acquisition system worth potentially $25-30 million.  The LOI is to supply a Venator system to Kazakh

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Golestan, green paradise of Iran Tourism

Golestan, green paradise of Iran Golestan province, located in northern Iran on coastlines of Caspian Sea, enjoys green and beautiful nature and pleasant weather which make it a heaven for tourists.  

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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

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Illegal banking activity ceased in Azerbaijan Investment

Parabank’s Sumgayit branch was operating outside the branch without proper permit for the activity. A structural division under Parabank JSC’s Sumgayit branch was revealed in Azerbaijan as a result of the monitoring conducted by the country’s Financial Market Supervisory

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Azerbaijan-Belarus business forum to be held in Baku Investment

Azerbaijani-Belarusian business forum will be held July 15 in Baku, the Azerbaijan Export and Investment Promotion Foundation (AZPROMO) said July 1. Nearly 10 Belarusian companies will take part in the business forum, organized by Azerbaijan’s Economy Ministry and AZPROMO. Trade turnover between

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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

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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, Russia reach new banking agreement Investment

Iran, Russia reach new banking agreement   Officials of Iranian and Russian central banks have reached an accord over launching broker relationships between Russia’s major banks and their Iranian counterparts. On the sidelines of the XXV International Financial

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Gilan's standardized exports up by 43 percent Investment

Gilan's standardized exports up by 43%     Head of exports quality evaluation office of Gilan Standardization Bureau said that standardized exports showed 43% growth in value in the first three months of the current Iranian calendar year (beginning on March 20).

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Iran joins Asia-Pacific RoboCup committee

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

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Azerbaijan open seventh international airport Tourism

Repairs in Naftalan airport, which will be the seventh international airport in Azerbaijan will begin in 2017, director of the Depatment of Culture and Tourism of Naftalan Zohrab Adigozalov told Trend. Adigozalov said that it gets international airport status after the

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Daimler vows to take China off Iran roads Investment

Daimler says its trucks division will start the deliveries of Mitsubishi Fuso brand in Iran later this year.  The German carmaker and Iran’s Mammut Group signed a distribution agreement for Fuso trucks, especially in the light-duty segment, back in January as

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Iran improves journal ranking on dentistry

TEHRAN, Jul. 02 (MNA) – Iran has surpassed Switzerland and Canada in SJR (Scientific Journal Rankings) 2015 on dentistry and is currently ranked 12 in the world. Saeid Asgari, Secretary of Iran’s Oral Health Council of the

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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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Fire hits Iran’s petrochemical complex Energy

The incident took place at the Bou-Ali-Sina Petrochemical plant. No causality has been reported officially, but some Iranian media outlets, including Mehr news agency, cited to local source that two people were killed. The financial loses are reportedly huge. Bou Ali Sina

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Will Iran Scare Away Big Oil Once Again? Energy

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

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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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Azerbaijani currency rate on July 11 Investment

Official exchange rate of the Azerbaijani manat against the US dollar was set at 1.5487 manats for July 11, said Azerbaijan's Central Bank July 8. Thus, manat's rate against the US dollar decreased by 0.2 percent compared to July 8. The

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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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Sukhoi Su-30 Political and military events

Sukhoi Su-30   The Sukhoi Su-30 (Cyrillic: Сухой Су-30; NATO reporting name: Flanker-C) is a twin-engine, two-seat supermaneuverable fighter aircraft developed by Russia's Sukhoi Aviation Corporation. It is a multirole fighter for all-weather, air-to-air and air-to-surface deep interdiction missions. The

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T-90 + pic Political and military events

T-90   The T-90 is a third-generation Russian battle tank that entered service in 1993. The tank is a modern variation of the T-72B and incorporates many features found on the T-80U. Originally called the T-72BU, but later renamed

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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

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Time travel in Mideast History

Time travel in Mideast   ‘Wars are won in peace’ In addition to grain, survival of the Romans also heavily depended upon the availability of spices. Fortunately or unfortunately, like the present day oil, the Middle East then had some ‘Arabian

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Tehran hosting 2 international exhibitions Investment

Tehran hosting 2 international exhibitions   The 8th Iran Stone Exhibition (IRSE 2016) on natural stones, mine, machinery and equipment and the 14th Kitchen, Bath, Sauna and Pool Industries and Equipment International Exhibition of Iran kicked off at Tehran’s

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Lukoil spuds at Vladimir Filanovsky in Caspian Sea Investment

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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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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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

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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

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Time travelling to the mother tongue History

Time travelling to the mother tongue The sounds of languages that died thousands of years ago have been brought to life again through technology that uses statistics in a revolutionary new way. No matter whether you speak English or Urdu, Waloon or

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Exports of Razavi Food Company soar Investment

Exports of Razavi Food Company soar   Supervisor of Razavi Food Products Company has reported a 49-percent rise in exports of the company’s products within the first three months of the current year (began March 20). In an

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Heavy water marketed in EU, US science

Heavy water marketed in EU, US   Head of AEOI has said his organization has faced little difficulty in marketing heavy water produced during its nuclear activity, with EU and US being the major customers of Iran’s heavy water.

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Iran after creating large-scale exporting firms Investment

Iran after creating large-scale exporting firms   Iran’s deputy industry minister has announced that the country is seeking to establish major exporting companies. Deputy Minister of Industry, Mine and Trade Valiollah Afkhami Rad said there exists no doubt that

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Russia, Iran to deepen ties in aviation industry science

Russia, Iran to deepen ties in aviation industry    After conducting a thorough review, Russia reached a conclusion that it's ready to supply 100 short-haul passenger aircraft Sukhoi Superjet 100 to Iran, according to the latest reports. Russia has clarified that due

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Travel Vaccines for Central Asia Investment

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

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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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New well commissioned in Caspian Sea Energy

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

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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

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EBRD Considers TAP Funding Energy

EBRD Considers TAP Funding   The European Bank for Reconstruction and Development (EBRD) has confirmed that it started talks to provide direct financing of €500mn and attract €1bn from banks for the Trans Adriatic Pipeline (TAP), which will bring Azeri gas from

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Iran self-sufficient in wheat for 2nd year Agriculture

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

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Iran, Russia want broader ICT cooperation science

Iran, Russia want broader ICT cooperation   Iran and Russia have called for stronger measures to promote cooperation in the area of telecommunications and cyberspace. This was expressed in a meeting between Iran’s Minister of Communications and Information Technology Mahmoud

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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

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Iranian theater troupe pays tribute to Anton Chekhov cultural

Iranian theater troupe pays tribute to Anton Chekhov    Iranian theater troupe directed Parchin by Hamid Amjad paid tribute to Russian author and playwright Anton Chekhov (1860–1904) before their performance of “Three Sisters and Others” at Tehran’s City Theater

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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

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Russia may supply components for Iranian satellites science

Russia may supply components for Iranian satellites   Components for Iranian satellites may be produced by Russia’s Roscosmos space corporation, said Russian Communications Minister Nikolai Nikiforov after meeting with Iranian counterpart Mahmoud Vaezi in Moscow. “Iran shows a great

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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

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Iran ranks 6th in Intl. Chemistry Olympiad science

Iran ranks 6th in Intl. Chemistry Olympiad Iranian young chemists won two gold and two silver medals in the 48th International Chemistry Olympiad held in Tbilisi, Georgia. The international knowledge competition that gathered over 300 young chemists

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Russian researchers discover new type of waves science

Russian researchers discover new type of waves   A team of Russian researchers by using quantum approaches discovered new coherent regimes for electromagnetic pulses in superconducting metamaterials that can lead to potentially powerful quantum computing. A team of

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Turkmenistan, France strengthening co-op Political and military events

Turkmenistan, France strengthening co-op   Turkmenistan’s Foreign Minister Rashid Meredov met with France’s extraordinary and plenipotentiary ambassador Patrick Pascal, said the message from Turkmenistan’s Foreign Ministry. Pascal is completing his diplomatic mission in Turkmenistan. During the meeting, the parties expressed intention to further

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Russian, Iranian nuclear officials hold talks science

Russian, Iranian nuclear officials hold talks    Nikolai Spassky, Rosatom’s deputy head, and Iranian nuclear chief Ali Akbar Salehi on Wednesday discussed ways to accelerate implementation of joint nuclear projects in Iran, including construction of new nuclear power plants

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Russians to build 1.4 GW coal plant in Iran Energy

Russians to build 1.4 GW coal plant in Iran Tekhnopromexport, part of Russia's state industrial conglomerate Rostec, has become the first Russian company to win a large, firm contract with Iran after the end of Western sanctions

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Kazakhstan-Ukraine Trade Crashes Investment

Kazakhstan-Ukraine Trade Crashes   143 train cars, blocked at the Ukraine-Russia border, explain why. In the first eight months of 2016, 143 train cars laden with goods destined primarily for Kazakhstan, but also Kyrgyzstan, were stopped at the Russian-Ukrainian

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Iran in talks with ‘Roscosmos’ for satellite building science

Iran in talks with ‘Roscosmos’ for satellite building   ICT Minister Vaezi said Iran is currently negotiating with Russia’s State Corporation for Space Activities ‘Roscosmos’ to reach the right deal for construction and launch of a national remote-sensing satellite. Mahmoud Vaezi,

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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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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

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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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Iran, Azerbaijan ink 6 MoUs in Baku Investment

Iran, Azerbaijan ink 6 MoUs in Baku The Islamic Republic of Iran and the Republic of Azerbaijan signed six memoranda of understanding in Baku on Sun. to further deepen ties between the two countries. In the ceremony

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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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Russian shipyard to cooperate with Azerbaijan Investment

Russian shipyard to cooperate with Azerbaijan   Russian shipyard Red Sormovo, which is a member of a group of companies "Sea and oil & gas projects" (MNP group), intends to expand partnership with Azerbaijan. Representatives of the MNP group management took part in

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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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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

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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

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Iran sees good co-op opportunities with Russia's Lukoil: minister Energy

Iran sees good co-op opportunities with Russia's Lukoil: minister   Tehran sees the possibility of signing a cooperation agreement with Lukoil, according to Iranian Communications and Information Technology Minister Mahmoud Vaezi. "Oil and gas cooperation with various companies is progressing. After the lifting of sanctions [against Iran], there are good possibilities for Lukoil 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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Mastercards now available in Iran Investment

Mastercards now available in Iran   Iran’s ICT Minister Mahmoud Vaezi has announced that MasterCard’s international credit cards are now available inside the country. Speaking during a ceremony to inaugurate infrastructure projects of Iran Post, Iranian Minister of

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First Neanderthal settlement uncovered in Nowshahr History

First Neanderthal settlement uncovered in Nowshahr A newly excavated site in Bandpey, southeast of Caspian Sea in Mazandaran provides major evidence for a Neanderthal settlement in the region. Hamed Vahdatinasab, local head of an archaeological expedition in

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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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Lankaran sees rise in tourist flow [ PHOTO] Tourism

Lankaran sees rise in tourist flow Azerbaijan’s Lankaran region, one of the oldest settlements in Azerbaijan, has recorded rise in number of foreign and local tourists coming to see the beauties of this region. Director of the Lankaran Tourism Center Ilgar

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Kazak president to visit Baku Political and military events

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

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Russian university develops unique implants science

Russian university develops unique implants   National University of Science and Technology MISIS has developed a new method to produce ultra-high molecular weight polyethylene implants intended to replace bone tissue defects in humans and animals. The new implant

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Iran's classical music vocalist to perform in Almaty art

Iran's classical music vocalist to perform in Almaty   Iran's classical music vocalist departed for Almaty of Kazakhstan to attend a traditional music festival. Iranian vocalist Mohammad Motamedi is scheduled to perform at the Traditional Music International Festival

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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

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Iran ready to swap oil with Russia Energy

Iran ready to swap oil with Russia   Oil Minister Bijan Zanganeh has reported on negotiations between Iran and Russia for oil swap. Speaking at a live IRIB program, Zanganeh said several domestic and foreign companies have launched

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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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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

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TAP: plus 700 line pipes reach Alexandroupoli port Energy

TAP: 700+ line pipes reach Alexandroupoli port   700+ line pipes to be used for the construction of TAP`s section in Greece have reached the port of Alexandroupoli, Azertac reported, The Trans Adriatic Pipeline (TAP) will transport Caspian natural gas to Europe. Connecting

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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

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Do Russian women bathe in the burkini? cultural

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

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Azerbaijani Navy exercises live-fire Political and military events

Azerbaijani Navy exercises live-fire   The Azerbaijani Navy have held another stage of command and staff exercise with live-firing, the Azerbaijani Defense Ministry reported on August 24. The exercises are held on the instruction of Azerbaijani President, Supreme Commander-in-Chief of the Armed

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SOCAR to up capacity of gas storages Energy

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

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Turkmenistan, Germany to sign some documents Investment

Turkmenistan, Germany to sign some documents   Turkmen President Gurbanguly Berdimuhamedov intends to pay a working visit to Germany August 29-30, the Turkmen government said Aug. 27. According to the message, several documents are planned to be signed as part of the

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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

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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 Joins New Adriatic Pipe Project Energy

Socar Joins New Adriatic Pipe Project   Four western Balkans nations signed a memorandum of understanding with Azerbaijan state Socar on co-operation on building the Ionian Adriatic pipeline (IAP) on the sidelines of a Dubrovnik forum 25-26 August. The

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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

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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

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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

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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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Bumi Q2 earnings decline Energy

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

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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

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Iran, Italy to coop. on Tehran-Chalus highway Investment

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

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Russia, Iran sign MoU on banking coop. Investment

Russia, Iran sign MoU on banking coop.   Iran and Russia on Thu. signed an MoU in the fields of banking cooperation, anti-money laundering, countering the financing of terrorism, and development of settlements in national currencies in bilateral trade.

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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

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Local rivers under mudflow threat Environment

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

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Iran, Russia to boost Ruble-Rial swap Investment

Iran, Russia to boost Ruble-Rial swap   Vice chairman of Iran-Russian Chamber of Commerce has called for currency swap to further develop volume of the two countries' trade exchanges. Ghadir Ghiafeh touched upon the banking cooperation agreement between

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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

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Cuba to seek oil imports from Russia, Iran Energy

Cuba to seek oil imports from Russia, Iran   Cuba is looking to Russia and Iran to make up for dwindling oil supplies from close ally Venezuela. The island is keen to replenish oil supplies as it works to revive foreign tourism

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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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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

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Artificial fish lakes of Azerbaijan under liquidation Fishing

Artificial fish lakes of Azerbaijan under liquidation   State Committee on real estate matters takes measures to ensure efficient use of land in Azerbaijan. State Committee on real estate matters informed that on 9 September raids and monitoring for creation of artificial

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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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NICO, Total to sign oil swap contract Energy

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

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SOCAR to ink contract on prospective structure in Caspian Energy

SOCAR to ink contract on prospective structure in Caspian   Azerbaijan’s state oil company SOCAR and Malaysia’s Petronas signed a memorandum of understanding on exploration, development and production of hydrocarbons at a block in the prospective offshore structure Goshadash, SOCAR said

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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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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

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Shell launches robot for hazardous environments science

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

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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

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Iran focused on small reactors: Salehi science

Iran focused on small reactors: Salehi   The head of Iran’s Atomic Energy Organization told the Sputnik, the Russian news outlet, that developing Small Modular Reactors (SMRs) is the current nuclear strategy of Iran. “Currently Iran is mulling

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SOCAR and Petronas signed MOU on Goshadash Energy

SOCAR and Petronas signed MOU on Goshadash   The State Oil Company of Azerbaijan (SOCAR) and the Malaysian company Petronas signed the Memorandum of Understanding on the exploration, development and hydrocarbons production on the field that is part of potentially good

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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

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Crewboat Delivered to Caspian Marine Investment

Crewboat Delivered to Caspian Marine   Muslim Magomayev, the first of this design developed by Incat Crowther, was built by Incat Tasmania and delivered to CMS in 2014. Both Muslim Magomayev and Rashid Behbedov are engineered for the Ampelmann walk-to-work system,

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Iran to Import Salmon From Russia Fishing

Iran to Import Salmon From Russia   Tehran will purchase salmon from Russia, a high-ranking Iranian official announced. MOSCOW (Sputnik) – Iran is going to import salmon from Russia, country’s Deputy Agriculture Minister Ali Akbar Mehrfard said on Wednesday. "Some species of

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Inland water bodies now see coastal birds Ecosystem

Inland water bodies now see coastal birds   The Whimbrel, which usually migrates to the coast, was spotted at Saykheda in Yavatmal recently; experts believe such spots are used as stopover sites November and December see many winter migratory birds

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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,

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EBRD Backs Bulgaria's Plans for Gas Hub in Varna Energy

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

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Oil Rebounds on Talk of Russia-Iran-OPEC Cooperation 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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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

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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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Libraries of Iran and Russia ink MOU cultural

Libraries of Iran and Russia ink MOU   The National Library and Archives of Iran (NLAI) and the Russian State Library have signed a memorandum of understanding (MOU) to enhance bilateral cultural cooperation. The MOU was inked on Thursday by

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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

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Kazakhstan launches oil production at Kashagan Energy

Kazakhstan launches oil production at Kashagan   Kazakhstan has launched oil production at Kashagan field, with oil being produced at only four wells of the field, Sputnik Kazakhstan quoted Kazakh Energy Minister Kanat Bozumbayev as saying. “As of Wednesday morning, daily oil

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Brown bear, cub sighted in Kordkuy Ecosystem

Brown bear, cub sighted in Kordkuy   Two environmental patrol officers have recorded video of a female brown bear and her cub in Kordkuy. Two environmental patrol officers who were on mission in forests of Kordkuy, in Golestan

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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

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Azerbaijan and Kazakhstan Plan New Pipeline Energy

Azerbaijan and Kazakhstan Plan New Pipeline Azerbaijan’s Energy Minister Natig Aliyev announced on October 7 that his government and their Kazakh counterparts are in the final stages of negotiations over the construction of a 739-kilometer oil

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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

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Azerbaijan, Russia eye to expand flights network Tourism

Azerbaijan and Russia intend to expand the network of flights, which are currently carried out in six directions between the two countries, Head of the International Cooperation Department of the Federal Agency for Tourism of Russia Valery Korovin

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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

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Dagestan Invites Iranian Investors Investment

IIKSS- Head of the Republic of Dagestan Ramazan Abdulatipov highlighted the ample opportunities for investment available in the North Caucasus region, calling on Iranian businesses to participate in projects in the Caspian region. In a meeting with

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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

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Ashgabat, Kuala Lumpur to expand business ties Investment

IIKSS- Turkmenistan and Malaysia aim at enhancing of the mutually beneficial cooperation in trade, energy sector, as well as petrochemical, gas chemical, textile, food sectors, the Turkmen state news agency (TDH) reported. Meanwhile, the Turkmen President Gurbanguly Berdimuhamedov

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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

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Turkmenistan artificially farms sturgeons Fishing

IIKSS - Turkmenistan artificially farms sturgeon which will contribute to the conservation of the unique biodiversity of the Caspian Sea, the newspaper “Neutral Turkmenistan” reported. An important role in this will play a fish-breeding complex, built in the

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Baku to host Azerbaijani-Pakistani business forum Investment

IIKSS - The Azerbaijan-Pakistan business forum will be held in Baku on December 6, the Azerbaijan Export and Investment Promotion Fund (AZPROMO) reported on November 29. The representatives of the Pakistani companies specializing in food industry, textiles, pharmaceutics,

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UAE interested in Azerbaijani products Investment

IIKSS - To promote the national brands in Dubai, Azerbaijan's export mission visited the United Arab Emirates recently. The delegation included representatives of 20 companies engaged in manufacture of natural juices, mineral beverages, agricultural products, meat and meat

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Moscow says Russia-Azerbaijan ties remain stable Investment

IIKSS - Bilateral relations between Russia and Azerbaijan remain continue to be stable, Maria Zakharova, spokesperson for Russia’s Foreign Ministry, told a briefing on Wednesday.  “These ties were established by our heads of state, backed by relevant documents,

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Dubai hosts Kazakhstan trade mission Investment

IIKSS - Dubai hosted a trade mission of Kazakhstani producers organized by the Kazakh Agency for Export and Investment KAZNEX INVEST, Ministry for Investments and Development of Kazakhstan, and the Chamber of Commerce and Industry of Dubai with

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New gas reserves found in Turkmenistan Energy

IIKSS - Turkmen Geology State Corporation has discovered new rich gas deposits in the exploitation well at the Chelekbay site located in the north-western part of the giant Galkynysh field, the Oil and Gas Complex of Turkmenistan said

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Saudi agency to offer $500 mn loan for TAPI project Energy

IIKSS - Saudi Arabia-based Islamic Development Bank had agreed to provide USD 500 million loan to part-finance the USD 15 billion Turkmenistan-Afghanistan- Pakistan-India (TAPI) natural gas pipeline project. "An agreement to provide for the Islamic Development Bank (IsDB)

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Development of alternative energy in Kazakhstan Energy

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

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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

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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

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Turkmenistan offers discounts to foreign airlines Investment

IIKSS - In a move to improve the appeal of Turkmenistan’s airports for international airlines, the country’s authorities are offering discounts off airport charges for foreign carriers, according to TurkmenPortal newswire. The discount rate will depend on the

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Azerbaijan exports 19M tons of oil products Energy

IIKSS - Azerbaijan exported 19,098,957 tons of oil products in January-November of this year, according to the State Customs Committee. The official figures suggest that the total value of the exported oil products made $5,896 million. The country

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New modern fuel filling station in Mary Energy

IIKSS - A new modern fuel filling station of the Wekilbazar oil products enterprise is supplied with the efficient fire-control system and up-to-date equipment. The capacity of the new filling station is 1,500 motor vehicles per day. There

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Baku, Astana mull legal status of Caspian Sea Legal Issues

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

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The Permanent Representatives of Turkmenistan to the UN Food and Agricultural Organization and the Organization for the Prohibition of Chemical Weapons are appointed Political and military events

IIKSS - By the Decree of President Gurbanguly Berdimuhamedov, Berdimyrat Rejepov, the Ambassador Extraordinary in Plenipotentiary of Turkmenistan to the Republic of Italy (Rome) is appointed as the Permanent Representatives of Turkmenistan to the UN Food and Agricultural

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Railway to connect Iran to Central Asian states Investment

IIKSS - RAI deputy has reported on negotiations for launching railroad connection among Iran, Kazakhstan, Turkmenistan and Tajikistan. Mir-Hassan Mousavi, Deputy of Islamic Republic of Iran Railways (RAI) made the remarks saying “the talks have kicked off in

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Turkmenistan joins ICAO Public Key Directory Investment

IIKSS - President of Turkmenistan Gurbanguly Berdymuhamedov signed the order, tasking the State Customs Service to make arrangements necessary for Turkmenistan's inclusion into the Public Key Directory of the International Civil Aviation Organization. The State Migration Service will

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Turkmenistan spends over $5B on construction in 2016 Investment

IIKSS - Turkmenistan commissioned 202 facilities with a total worth of over $5 billion in 2016, the Neutral Turkmenistan newspaper reported. They include the Ashgabat International Airport, the first phase of the Asian International Railway Corridor (Turkmenistan-Afghanistan), a

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Azerbaijan brands to hit Pak markets Investment

IIKSS - Azerbaijan’s Economy Ministry has announced that he will send an export mission to Pakistan next February. The export mission will include companies specializing in the production of fruits, vegetables, mineral water, fruit juices, sugar and confectionery,

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Russia, Azerbaijan, OPEC cut oil production Energy

IIKSS - Agreement between OPEC and non-OPEC countries, including Russia, on oil production levels cut, aimed at stabilizing world oil market, will be implemented starting from today. In total, OPEC cuts oil production by 1.2 million barrels per

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Iran sells crude oil at $52.16 in a week Energy

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

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Fire at Azerbaijani gas pipeline extinguished Energy

IIKSS - The fire that broke out following an explosion at a gas pipeline in Sangachal settlement, Azerbaijan’s Garadagh district on Monday morning has been extinguished, the country’s Ministry of Emergency Situations informed. A fire erupted after an

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SOFAZ unveils preferred property markets Investment

IIKSS - The State Oil Fund of Azerbaijan (SOFAZ) is interested in the acquisition of high-quality real estate assets in European, Asia-Pacific and the US markets, SOFAZ Executive Director Shahmar Movsumov said in an exclusive interview with Trend.

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ADIF authorized capital to be increased Investment

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

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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

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Azerbaijan increases gas supply to Turkey Energy

IIKSS - Azerbaijan supplied 5.31 billion cubic meters (bcm) of gas to Turkey in January-October 2016 as compared to 5 bcm in the same period of 2015, Turkey's Energy Market Regulatory Authority said in a report on its

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Azerbaijan plans export mission to Germany Investment

IIKSS - An export mission of Azerbaijani entrepreneurs to Germany is planned for January 2017, hoping to boost exports. The mission, which is scheduled for January 23-26, will represent such local products as fruit and vegetables, mineral water,

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Turkmenistan builds hugel complex Energy

IIKSS - Ninety percent of the work has been completed at the polyethylene and polypropylene production complex, which is being built in Turkmenistan’s Balkan region, the Neutral Turkmen newspaper reported. A reservoir park for water, hydrocarbon storage tanks,

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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

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New chairman appointed in Turkmengas Energy

IIKSS - President of Turkmenistan Gurbanguly Berdimuhamedov has decreed to appoint Maksat Babayev as the chairman of the Turkmengas State Concern. Babayev previously served as the deputy chairman in Turkmengas. Turkmenistan is currently eyeing to construct a pipeline

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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

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French author visits Azerbaijan`s Parliament cultural

IIKSS - French author Gerard Cardon, who plans to write a book about Azerbaijani women, has today met Deputy Speaker of Azerbaijan`s Parliament, chairperson of the parliamentary committee on human rights Bahar Muradova. Bahar Muradova hailed development of

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Iran, Germany ink transportation deals Investment

IIKSS - Iran, Germany ink transportation dealsThe agreements were signed by Iranian Minister of Road and Urban Development Abbas Akhoundi and German Minister of Transportation Alexander Dobrindt here in Tehran. They also agreed to form a work group

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Turkmenistan eyes export of electricity via Afghanistan Energy

IIKSS - Turkmenistan says there is a plan to build a power transmission line along the Turkmenistan-Afghanistan-Pakistan-India (TAPI) gas pipeline, which is being constructed since December 2015, reports Trend. “In addition to providing electricity to all the infrastructure

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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

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Azerbaijan, Iran discuss cooperation Investment

IIKSS- Azerbaijan`s Minister of Economy Shahin Mustafayev has met Chairman of Central Bank of the Islamic Republic of Iran Valiollah Seif. They discussed cooperation in financial field. The sides also exchanged views on the current state of cooperation

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Azerbaijan’s GDP increases Investment

IIKSS - The volume of Azerbaijan’s GDP reached 5.23 billion manat (official exchange rate on Feb. 18 is 1.7352 AZN/USD) in January 2017 that is by 0.8 percent more than in the same period of 2016, according to

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Afghanistan, Turkmenistan Discuss TAPI Project Energy

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

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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

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Turkmenistan to further consider joining WTO Investment

IIKSS- Turkmenistan will further consider the prospects of joining the World Trade Organization (WTO), the ‘Neutral Turkmenistan’ newspaper quoted President Gurbanguly Berdimuhamedov as saying Feb. 21. President Berdimuhamedov made the remarks at a meeting of the Cabinet of

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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

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Azerbaijan, Qatar sign 6 documents Investment

IIKSS- A ceremony to sign documents between Azerbaijan and Qatar has been held with participation of President of the Republic of Azerbaijan Ilham Aliyev and Emir of the State of Qatar Sheikh Tamim Bin Hamad Al-Thani. Qatari Minister

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Iran means business Investment

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

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Iran means business Investment

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

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Kazakhstan to develop banking ties with Iran Investment

IIKSS- The Vice-Governor of Iran’s Central Bank for Foreign Exchange Affairs, Gholamali Kamyab, met with Kassymbek, the Kazakh Minister of Investment and Development on Thursday in Astana. Gholamali Kamyab, the Vice-Governor of Iran’s Central Bank for Foreign Exchange

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Work on TAPI pipeline begins in Pakistan Energy

IIKSS- After being in the works for the past 22 years, the multibillion-dollar Turkmenistan-Afghanistan-Pakistan-India (Tapi) gas pipeline project got under way on Friday. The pipeline will serve as an energy corridor between Central and South Asia. The inaugural

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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

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Turkmenistan hosting seminar on Caspian Sea issues Investment

IIKSS-The International Ocean Institute (IOI) with the support of Turkmenistan’s Foreign Ministry and the State Enterprise on Caspian Sea Issues under the President of Turkmenistan is holding a seminar in Avaza, titled “Caspian Sea – sustainable development and

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Italian Snam to invest 270m euros in TAP Energy

IIKSS- Italian natural gas firm Snam has revealed plans to invest 270 million euros in the Trans Adriatic Pipeline (TAP) project. Snam`s 2017-2021 Plan says that company will invest 5 billion euros to further develop the Italian gas

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Miankaleh: A Heavenly Sanctuary in Iran Environment

IIKSS- Miankaleh peninsula is a narrow but long peninsula (48km long and between 1300-3200 meters wide), in Mazandaran Province, north of Iran, situated in the extreme southeastern part of the Caspian Sea. It is spread over 68,800 hectares.

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Delegation of Russian Navy arrives to Azerbaijan cultural

IIKSS- A delegation of the General Command of the Russian Navy has arrived in Azerbaijan, where together with colleagues will discuss preparations for the organization and conduct of the "Sea Cup-2017" contests, RIA Novosti reported citing the Russian

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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,

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Political weight Political and military events

Political weight   The Political weight (وزن سیاسی) or PW index is an index that shows the geopolitical and eco-political situation of a country. A political index is a tool used to study country economic factors (especially government budget) with

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Azerbaijan, Kazakhstan long-term partners: ambassador Investment

IIKSS- Azerbaijan and Kazakhstan are partners and the two countries’ economic systems complement each other, Rashad Mammadov, ambassador extraordinary and plenipotentiary of Azerbaijan to Kazakhstan, said in an interview with Trend. "Azerbaijan and Kazakhstan didn’t become rivals despite

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Baku : A city of contrasts Tourism

IIKSS- Baku is  a city of extremely sharp contrasts. Every step taken out the front door guaranteed to be an adventure. Wonderful parks and alleys, wide avenues, majestic and modern buildings, squares and bridges are today the essential

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Iranian, Kazakh provinces ink agricultural MoU Investment

IIKSS- Head of Gorgan Chamber of Commerce said a cooperation agreement has been inked in agriculture sector between Iran’s Golestan province and Kyzylorda Region of Kazakhstan. Ramezan Bahrami said the newly-signed Memorandum of Understanding (MoU) pertained to extra-territorial

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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

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Fluctuations in variables of political weight and government weight - The share of variables of political weight and government weight of the United States of America in the structure of political wei Political and military events

Fluctuations in variables of political weight and government weight - The share of variables of political weight and government weight of the United States of America in the structure of political weight of this country International Institute

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

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

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Swapping Turkmenistan Gas a Win-Win Collaboration Energy

Transferring Turkmenistan's gas to Pakistan via Iran-Pakistan gas pipeline, aka Peace Pipeline, will benefit both neighboring states, the National Iranian Gas Company's managing director said. "Concluding swap deals can help Iran consolidate its position in the international gas markets,"

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China Opens New Rail Link With Iran Investment

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

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Iranian Caspian reserves rising, report suggests Energy

Results from ORG’s recent studies of four exploration blocks in the Iranian sector of the Caspian Sea look promising, according to a report by news service Shana. “If the Norwegian company’s estimates of hydrocarbon deposits in the southern part

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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

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Ukraine's imports of Kazakhstan LPG up Energy

Kazakhstan exported to Ukraine 8,000 tonnes of liquefied gas in January-May 2017. The supplies of Kazakhstan’s liquefied gas to Ukraine increased by 11.5 times and amounted to almost 87,700 tonnes in January-May 2018, UPECO consulting company said in a

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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

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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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Tourism: Focus on Caspian region Tourism

Caspian region is one of the most promising destinations for tourism industry. According to experts, the region will be developed as a new world-class tourist destination of the 21st century. Moreover, the countries surrounding the region are ready to

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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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Summit to end Caspian legal limbo Legal Issues

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

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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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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

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Council of Farmers created in Azerbaijan Agriculture

The Council of Farmers was established under Azerbaijan Ministry of Agriculture, the ministry informed on August 3. The relevant meeting with the participation of large farmers and Agriculture Minister Inam Karimov discussed the quality of fertilizers and seeds, lack

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Iran, Russia banks sign refinance agreement Investment

Export Development Bank of Iran (EDBI) and Moscow MirBusiness Bank on Sunday inked a short-term refinance agreement to promote imports of necessary goods, Irna reported. EDPB and Moscow MirBusiness Bank signed contract worth €10 million; the agreement will help

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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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Azerbaijan to begin car exports Investment

The Iranian-Azerbaijani car manufacturer Khazar has announced its intention to begin the export of its vehicles to Russia and other CIS countries from 2019. Veronika Allahverdiyeva, a representative of Azermash, the Azerbaijani partner in the joint venture, confirmed that

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Turkmenistan launches first CCGT power plant Energy

Turkmenistan has launched its first combined-cycle gas power plant, according to state news agency TDH. The 1.6 GW plant in Mary province has four 263.5 MW GE gas turbines, two 260 MW steam turbines and four heat-recovery boilers. The plant

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Russia, Kazakhstan may create SEZ at Baikonur Investment

The chairman of the board of the Kazakh national company, Kazakh Invest, Saparbek Tuyakbaev, held a meeting with Russian Ambassador to Kazakhstan Alexei Borodavkin and Russian trade representative in Kazakhstan Alexander Yakovlev in Astana, Central Asian media outlets reported

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Georgian Churches in Azerbaijan Tourism

Saingilo, now a region in Azerbaijan, was once a province of the Kakheti Kingdom of Georgia.  The province officially became part of Azerbaijan in 1922 under the ruling of the communist government of Moscow.  To this day, Saingilo is

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Azerbaijani oil prices for Sept. 10-14 Energy

Average price of AZERI LT CIF, extracted at Azerbaijan's Azeri-Chirag-Gunashli block of fields, was $80.03 per barrel on Sept. 10-14 or $1.15 more than the previous week. The highest price of AZERI LT was $81.5 per barrel, while the

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New oil refinery to be built in Kazakhstan Energy

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

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Power Supply From Russia to Iran Should Start in 2019 Energy

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

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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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Gazprom, SOCAR mull issues of gas supply to Azerbaijan Energy

Russian company Gazprom and the Azerbaijani state oil company SOCAR discussed the issues concerning gas supplies to Azerbaijan. These issues were discussed during the meeting between Chairman of the Board of Gazprom Alexey Miller and SOCAR President Rovnag Abdullayev,

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Rosneft buys seismic data on Caspian Sea science

Russia’s Rosneft has purchased seismic data on the Azerbaijani sector of the Caspian Sea for $1.1 million, Azerbaijani news agency Turan reported on Monday. Rosneft Chief Executive Igor Sechin signed an agreement with State Oil Company of Azerbaijan Republic

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Kazakhstan's transport potential presented in Helsinki Investment

President Nursultan Nazarbayev spoke about Kazakhstan's transport potential at the meeting with Finnish businessmen in Helsinki. “We have launched multi-modal Eurasian transport corridor. 5 railway and 6 international auto-road routes are running through Kazakhstan. They connect China and other

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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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Turkmenistan prepares for Caspian summit Legal Issues

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

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Azerbaijan reduces wheat imports Agriculture

In 2018, Azerbaijan imported more than 1 million tons of wheat worth $ 205.967. According to the State Customs Committee, the imports decreased by 193,528 tons or 15.2 percent in annual comparison, the cost - by $ 21,200 or

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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

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Kazakhstan to expand types of goods exported Investment

Kazakhstan will expand the types of products it exports this year,, said Kazakh Vice Minister for Industry and Infrastructure Development Arystan Kabykenov at a January press conference. “Sodium cyanide will be shipped to Russia; semolina to China, Europe, Kyrgyzstan,

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Iran: Oil Survey in Caspian Sea Will Not Stall Legal Issues

K hazar Exploration and Production Company welcomes international companies in the oil industry in the Caspian region but will not wait for them, the managing director said. Speaking in a meeting in Tehran at the weekend, Ali Osuli said better results can be

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Azerbaijan, EU discuss co-op issues Political and military events

Azerbaijani Foreign Minister Elmar Mammadyarov met with Johannes Hahn, European Union Commissioner for Enlargement and Neighborhood Policy, during the Munich Security Conference on Friday, Trend reports referring to the Foreign Ministry of Azerbaijan. The meeting was also attended by

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Kazakhstan to expand types of goods exported Investment

Kazakhstan will expand the types of products it exports this year,, said Kazakh Vice Minister for Industry and Infrastructure Development Arystan Kabykenov at a January press conference. “Sodium cyanide will be shipped to Russia; semolina to China, Europe, Kyrgyzstan,

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Turkmenistan prepares for Caspian summit Legal Issues

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

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New oil refinery to be built in Kazakhstan Energy

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

read more

Summit to end Caspian legal limbo Legal Issues

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

read more

Political weight Political and military events

Political weight   The Political weight (وزن سیاسی) or PW index is an index that shows the geopolitical and eco-political situation of a country. A political index is a tool used to study country economic factors (especially government budget) with

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Miankaleh: A Heavenly Sanctuary in Iran Environment

IIKSS- Miankaleh peninsula is a narrow but long peninsula (48km long and between 1300-3200 meters wide), in Mazandaran Province, north of Iran, situated in the extreme southeastern part of the Caspian Sea. It is spread over 68,800 hectares.

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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

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Azerbaijan’s GDP increases Investment

IIKSS - The volume of Azerbaijan’s GDP reached 5.23 billion manat (official exchange rate on Feb. 18 is 1.7352 AZN/USD) in January 2017 that is by 0.8 percent more than in the same period of 2016, according to

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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

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ADIF authorized capital to be increased Investment

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

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Saudi agency to offer $500 mn loan for TAPI project Energy

IIKSS - Saudi Arabia-based Islamic Development Bank had agreed to provide USD 500 million loan to part-finance the USD 15 billion Turkmenistan-Afghanistan- Pakistan-India (TAPI) natural gas pipeline project. "An agreement to provide for the Islamic Development Bank (IsDB)

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Azerbaijan, Russia eye to expand flights network Tourism

Azerbaijan and Russia intend to expand the network of flights, which are currently carried out in six directions between the two countries, Head of the International Cooperation Department of the Federal Agency for Tourism of Russia Valery Korovin

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Kazakhstan launches oil production at Kashagan Energy

Kazakhstan launches oil production at Kashagan   Kazakhstan has launched oil production at Kashagan field, with oil being produced at only four wells of the field, Sputnik Kazakhstan quoted Kazakh Energy Minister Kanat Bozumbayev as saying. “As of Wednesday morning, daily oil

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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

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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

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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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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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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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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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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

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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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Kazak president to visit Baku Political and military events

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

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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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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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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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Russian researchers discover new type of waves science

Russian researchers discover new type of waves   A team of Russian researchers by using quantum approaches discovered new coherent regimes for electromagnetic pulses in superconducting metamaterials that can lead to potentially powerful quantum computing. A team of

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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

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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

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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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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

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T-90 + pic Political and military events

T-90   The T-90 is a third-generation Russian battle tank that entered service in 1993. The tank is a modern variation of the T-72B and incorporates many features found on the T-80U. Originally called the T-72BU, but later renamed

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Sukhoi Su-30 Political and military events

Sukhoi Su-30   The Sukhoi Su-30 (Cyrillic: Сухой Су-30; NATO reporting name: Flanker-C) is a twin-engine, two-seat supermaneuverable fighter aircraft developed by Russia's Sukhoi Aviation Corporation. It is a multirole fighter for all-weather, air-to-air and air-to-surface deep interdiction missions. The

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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 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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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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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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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

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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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Port Of Call Investment

Port Of Call The Chabahar port in Iran will help India get direct access to Central Asian markets. For India Inc, it is a huge business opportunity. On September 1, 2014, when Prime Minister Narendra Modi was on his maiden visit

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Caspian Shipping Commissions 4 Vessels Investment

Caspian Shipping Commissions 4 Vessels Azerbaijan Caspian Shipping Company has put into commissioning four dry cargo vessels that will operate beyond the pale of the Caspian Sea, reports AzerNews.   An event to raise Azerbaijan`s state flag in the “Vagif”, “Sabir” “Huseyn

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Caspian Shipping Company commissions new vessels Investment

Caspian Shipping Company commissions new vessels Azerbaijan Caspian Shipping CJSC has put into commissioning four dry cargo vessels that will operate beyond the pale of the Caspian Sea. A ceremony to raise Azerbaijan`s state flag in the “Vagif”, “Sabir” “Huseyn Cavid”

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Kazakh minister provides Kashagan update Energy

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

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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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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

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Intl. rail expo, conference kick off Investment

Intl. rail expo, conference kick off   The 4th International Exhibition of Rail Transportation, Related Industries and Equipment of Iran, dubbed RAILEXPO 2016, and the first international conference titled “Rail-Ports and Rail-Oil” opened in Tehran on Sunday. Representatives

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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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Caviar exports from Iran up 183 percent Fishing

Caviar exports from Iran up 183% yr/yr Tehran- Iran’s exports of caviar rose to worth $1.7 million showing 183.3 percent increase in the past Iranian calendar year of 1394 (ended March 19, 2016), the ISNA news agency reported on

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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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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

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SOCAR launches new oil well Energy

SOCAR launches new oil well State Oil Company of Azerbaijan (SOCAR) will increase the production level to more than 11.3 million tonnes of oil per year due to commissioning of new oil well in Oil Rocks offshore field, the

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Gas fields development in Turkmen Karakum Desert kicks off Energy

Gas fields development in Turkmen Karakum Desert kicks off Trend: The Turkmen State Concern 'Turkmennebitgazgurlushyk' has started development of a group of gas and condensate fields 'Zeakli-Derveze' in the Central Karakum Desert in Turkmenistan since early 2016, the country's oil and

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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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Iran, Kazakhstan ink power deal Energy

Iran, Kazakhstan ink power deal Iran and Kazakhstan have signed three powerhouse building contracts worth 600 million dollars. On the verge of Kazakh president’s visit to Tehran, the two countries sealed an agreement with Eurasia Invest Group

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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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SOCAR attracts additional funds from IBA Energy

SOCAR, the state energy company of Azerbaijan attracts 200 million manats ($131.7 million) from the International Bank of Azerbaijan (IBA) for 2016. The funds that SOCAR will get is the next tranche of loans allocated for the drilling works in the

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full text of Treaty of Gulistan (1813) History

full text of Treaty of Gulistan (1813) In the name of Almighty God With the intention to cease horror of the war and re-establish steady peace and well-wishing friendship neighborhood shared by Russia Empire and the State of Iran since the

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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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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

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CASPIAN SEA ii. DIPLOMATIC HISTORY IN MODERN TIMES History

CASPIAN SEA ii. DIPLOMATIC HISTORY IN MODERN TIMES A new area of sub-systemic studies in international relations, which encompasses the Caspian basin and its immediate surroundings, emerged in the post-Soviet Union era. CASPIAN SEA ii. Diplomatic History in Modern Times. A new

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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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Turkmenistan starts welding TAPI pipeline’s linear part Energy

Trend: Turkmennebitgazgurlushyk (“Turkmenneftegazstroy”) state concern has begun welding the pipes of the linear part of Turkmenistan-Afghanistan-Pakistan-India (TAPI) gas pipeline’s Turkmen section. More than 100 units of special equipment are being used within current work, a message released by Turkmen Oil and Gas

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Iran-Pakistan gas pipeline still alive Energy

By Emil Ilgar – Trend: Iran-Pakistan gas pipeline project, is not dead and negotiations over realization of the project continue, the Managing Director of National Iranian Gas Company Hamid Reza Iraqi told Fars News Agency. "Pakistan has agreed to build a 100km-pipeline

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Iran invited to Doha oil freeze talks Energy

Iran invited to Doha oil freeze talks Qatar’s media said on Wednesday that the country has invited Iran to join talks over implementing a proposed oil production freeze to help stabilize prices. Qatar’s Ministry of Energy and Industry has

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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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Iran’s Rights in the Caspian Legal Issues

Hoshang Tale, Ph D (Economics), Consultant Economist & Researcher Before Peter the Great (1682- 1752) played his political games in the Caspian region, this Sea was under the sole control of Iran and was known as the Sea of Mazandaran after

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Russian interest in East Med and Cyprus gas Energy

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

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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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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 Caspian – Black Sea Agrarian Congress Agriculture

Baku, AZERTAC One of the most significant events of the agricultural sector, Caspian and Black Sea Agrarian Congress will take place in Baku, on April 12-13. The all-Ukrainian public organization Ukrainian Grain Association and the information-analytical agency APK-Inform are the Congress organizers. Organizational

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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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KazMunaiGas crashes prepayment party to improve debt profile Energy

Read the rest of this TXF article here: http://www.txfnews.com/News/Article/5472/KazMunaiGas-crashes-prepayment-party-to-improve-debt-profile. For more high quality trade, export & agency, and commodity finance journalism and events, visit www.txfnews.com Kazakhstan’s state-owned KazMunaiGas (KMG), an umbrella company of several subsidiaries, is closing a $3

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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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Iran capable of turning into tourism hub Tourism

By Farhad Daneshvar – Trend: Iran is capable of turning into a regional tourism hub in the near future, a Spanish envoy to Tehran believes. “Iran will turn into a regional tourism and economic destination,” IRNA news agency

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Iran prepared for oil swap in Caspian Sea Energy

TEHRAN, Feb. 10 (MNA) – An official of Iranian Oil Terminals Company (IOTC) has said operation of new oil storage facilities will improve Iran’s oil swap capacity. Hamid Reza Shahdoust who was talking to reporters on Wednesday

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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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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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