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Daily Archives: May 19, 2016

Azerbaijan’s SOCAR has no Plans to Construct Plant in Georgia

Azerbaijan’s SOCAR has no Plans to Construct Plant in Georgia

The State Oil Company of Azerbaijan (SOCAR) has no plans to construct an oil refinery in Georgia, Mahir Mammadov, head of the SOCAR Energy Georgia LLC, told Trend May 19. The sale of oil products in Georgia is carried out through SOCAR Energy Georgia LLC which represents SOCAR’s interests in …

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Paradox of Plenty, Redux: Azerbaijan Grapples with Low Oil Prices

CBW is providing an article published on May 18, 2016 on www.resourcegovernance.org web – site. “This is such a disaster for us,” an Azerbaijani citizen told a reporter in December. “How come they decided to bankrupt people in one night?” He was reacting to the decision of Azerbaijan’s central bank to free-float …

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Transportation through New Silk Road will be Cheaper by 30%

Transportation through New Silk Road will be Cheaper by 30%

Minister of Ukrainian Infrastructure responds the enactment of  tariffs in the corridor of new Silk Road. Vladimir Omelian has already informed Ukrainian shipping companies with his Facebook page, that transportation of cargo by Ukraine-China route gets cheaper by 30%. “The agreement is achieved on decline of complex rates on the …

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The Chairman of ICC Welcomed the Youth Board Members

The Chairman of ICC Georgia Welcomed the Youth Board Members

On May 18, 2016 ICC Georgia Youth Board of Directors met at ICC offices to discuss the Youth Project Strategy and upcoming events, such as: Internship program, Presentations at Universities; Company Tours & introductory workshops, General Assembly – Election.   Mr. Fady Asly – chairman of ICC Georgia welcomed the …

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Georgian Mushrooms Exported to Dubai and Armenia

Georgian Mushrooms Exported to Dubai and Armenia

The new enterprise of mushroom processing company “Tetri Qudi” will start its operations before Autumn. According to the company director Vano Ioseliani stated to “Business Press News” that at this stage according to the project the construction works are in the process. The total value of the investment carried out in …

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TAP’s Ian Bradshaw Talks Impact of Oil Prices on Project

TAP's Ian Bradshaw Talks Impact of Oil Prices on Project

The Trans Adriatic Pipeline (TAP), which envisages transportation of Azerbaijani gas to Europe, is reacting to the changing world oil prices. Ian Bradshaw, Managing Director at TAP AG spoke to Trend May 16 regarding the situation on the world oil market and its impact on the project. “The evolution of …

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FoodandWine: How to Get In On the Georgian Wine Revival

FoodandWine: How to Get In On the Georgian Wine Revival

They’ve been making delicious wine in Georgia (the country) for 8,000 years, but only now are those bottles readily available to purchase in the United States. Here’s what you need to know. Ten years ago, Georgian wine might have earned a casual mention in conversations about Eastern European cuisine. Now, …

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