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Monthly Archives: August 2016

ADY Express Transports Cargo via North-South Route

ADY Express Transports Cargo via North-South Route

ADY Express company has started to transport cargo via the North-South route, the Azerbaijan Railways CJSC said. “Despite there is no railway between Azerbaijan and Iran, ADY Express company has been already transporting cargo via this route,” the message said. “For example, compressed liquid gas (butadiene) was transported from Iran …

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TAP, TANAP to Reduce Europe’s Dependence on Russia

tanap TAP

Construction of the Trans Adriatic Pipeline (TAP) and the Trans-Anatolian Natural Gas Pipeline (TANAP), through which Azerbaijani gas will go to Europe, will enable Greece and the countries of Southeast Europe to reduce dependence on Russian gas, president of the Hellenic Association for Energy Economics, professor Kostas Andriosopoulos said. He …

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Europeans Offer Iran to Work on Caspian Hydrocarbon

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Companies from Norway, the Netherlands, and the United Kingdom have expressed willingness to work with Tehran on oil and gas projects in the Caspian Sea. They have requested a chance to explore the area and develop possible fields, regarding which a number of meetings have been held, Deputy CEO of …

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Construction of $700 million Eco Green City Has Started

Eco Green city

Gino Green City corporation together with Partnership Fund starts construction of Eco Gren City. Project The project implies construction of recreational facilities, hotels , shopping and residential buildings at Tbilisi Sea area. Gino Green City  is one of the large-scale projects on the Tbilisi Sea coast, with the surrounding area of …

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Teliani Valley’s Revenues from Product Sales Drop 2.5-fold

Teliani Valley’s Revenues from Product Sales Drop 2.5-fold

JSC Teliani Valley’s revenues from product sales have dropped 2.48-fold. The company’s financial accounts reveal that the group’s revenues from product sales during the first half of the year amounted to GEL 11.89 million – a substantial decrease from the figure of GEL 29.5 million posted during the same period …

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Spanish Jamón Ham to Be Produced in Georgia

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The Partnership Fund and Native Georgian company have concluded a memorandum on mutual understanding. Under the memorandum, production of Jamon, the world’s famous brand, will start in Georgia. Jamon is a pork made of special breed of Spanish black pig. This product is made only in Spain and Portugal and …

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TAP Committed to Facilitating Links to Region Gas Infrastructure

TAP

The Trans Adriatic Pipeline (TAP) AG welcomes the signing of a Memorandum of Understanding (MoU) on the Ionian Adriatic Pipeline (IAP) by Albania, Bosnia and Herzegovina, Croatia, Montenegro and Azerbaijani state oil company SOCAR, TAP reported. Ian Bradshaw, Managing Director of TAP, said that the MoU enhances energy cooperation across …

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