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Daily Archives: October 17, 2016

Iran Is Stuck With China to Finance Its Oil Dreams

Iran Is Stuck With China to Finance Its Oil Dreams

Amid the snake-infested marshlands on Iran’s border with Iraq, the control room monitoring North Azadegan oil field is manned entirely by Chinese technicians. In central Tehran, hundreds of Chinese pour out at noon from the telecommunications company Huawei to its canteen. There are now so many Chinese expatriates here, some …

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Why Difficult to Connect Israel to Southern Gas Corridor?

Why Difficult to Connect Israel to Southern Gas Corridor?

The practicalities and specifically, the infrastructure needs of connecting Israeli gas to the Southern Gas Corridor will make it difficult to accomplish, Agnia Grigas, energy and political risks expert, non-resident senior fellow at the Atlantic Council, told Trend Oct.17. Earlier, Cemil Ertem, advisor to the Turkish president, said that Turkey …

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Russia to Discuss Gas Transit Through Turkey with EC

Russia to Discuss Gas Transit Through Turkey with EC

Russia will continue to stay in contact with the European Commission and the European Union countries regarding the feasibility of gas transit through Turkey, RIA Novosti reported citing Russian Energy Minister Alexander Novak. Undoubtedly, we will continue contacts with the European Commission and our counterparts from other countries in order …

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TAP’s Location in Italy has Least Environmental Impact

TAP’s Location in Italy has Least Environmental Impact

TAP will be able to proceed with the replanting of the olive trees along the route in Italy, starting from the micro tunneling area, from November 2016, Lisa Givert, TAP Head of Communications, told Trend Oct.17. She was commenting on protests in Italy’s Puglia region demanding the pipeline re-routed away …

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Bloomberg: Central Banker Sees Georgia Turning Corner on Dollarization

koba-gvenetadze

Georgia is getting closer to reducing dollarization and building a more stable role for the national currency as the economy recovers from regional shocks, the Black Sea nation’s central bank governor said. Dollarization, the widespread use of dollars for transactions that’s a legacy of hyperinflation and bank failures in Georgia, is declining …

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Chkonia: Nodar Khaduri Considerably Succeeds as Financier

Temur Chkonia: Commercial Banks Control Georgian Economy

“Over the past period Nodar Khaduri has considerably succeeded as a Financier”, businessman Temur Chkonia told the Business Contract when commenting on Khaduri’s last statement on beer tax revision. The Minister of Finance has already submitted due address to Parliament of Georgia. “I want the current economic team to remain …

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New Pipelines Helps Georgia to Become a Major Partner for Europe

steel pipes

After Russia and Turkey have decided to revive the Turkish Stream” gas  project,  as a sign of friendship, the question arose  – how this process will affect Georgia? Experts believe that the “Turkish Stream” can not hurt “Southern Gas Corridor” (SGC) between Azerbaijan, Georgia and Turkey. According to Russian media, …

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