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IFC Studying Southern Gas Corridor Project

IFC Studying Southern Gas Corridor Project

International Finance Corporation (IFC) is studying 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 for the entire region. “We constantly follow the ongoing processes in this project and systematically connect with its main participants. …

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Turkmenistan to Make big Investments in TAPI Project

Turkmenistan to Make big Investments in TAPI Project

Turkmenistan plans to allocate major part of investments to construction of TAPI gas pipeline, said the country’s President Gurbanguly Berdimuhamedov during a meeting of the Council of Elders. The groundbreaking ceremony for Turkmen section of Turkmenistan-Afghanistan-Pakistan-India (TAPI) gas pipeline with the capacity of up to 33 billion cubic meters of …

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Tsipras: Greece to be Energy Hub Thanks to TAP

Pursuing multi-vector foreign and energy policies, Greece will become an energy hub, Greek Prime Minister Alexis Tsipras said at a press conference Sept.11, RIA Novosti reported. He said the energy routes of the 21st century will go through Greece. “To a large extent we have succeeded in this thanks to …

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Russia Prepares for Gas Divorce From Europe

Russia Prepares for Gas Divorce From Europe

Political tension with Europe and the increasing role of liquefied natural gas (LNG) has the world’s biggest supplier looking to increase exports to the Asia-Pacific region, according to Russia’s Federal Subsoil Resources Management Agency. “The crisis in relations between Russia and the West has already led to a reduction in …

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Azerbaijan Resumes Manufacture of Oil Products

Azerbaijan Resumes Manufacture of Oil Products

The Heydar Aliyev Baku Oil Refinery has resumed the manufacture of oil products, reads a message from Azerbaijan’s state oil company SOCAR. The refinery suspended the manufacture of oil products in August due to the scheduled repair works. Catalytic cracking, primary processing, coking and catalytic reforming facilities have been commissioned after …

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Iran May Rent Pipelines to Export Gas to EU

Iran May Rent Pipelines to Export Gas to EU

Iran may rent regional pipelines abroad instead of construction new routes to export gas to the EU, Alireza Kameli, head of the National Iranian Gas Company, said. Kameli said one of the feasible ways of delivering gas to the EU is the construction of LNG plants in Iran, but aside …

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Russian-Iranian Bank May Ditch the US Dollar

Russian-Iranian Bank May Ditch the US Dollar

Moscow and Tehran are actively working on opening a joint bank with plans to carry out operations in national currencies, according to the former president of the Russia-Iran Friendship Society Bahram Amirahmadiyan. The decision on setting up the bank was agreed last year but Western sanctions against Tehran have been …

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WHO Tobacco Treaty a Threat to Public Health – Reason Foundation

WHO Tobacco Treaty a Threat to Public Health – Reason Foundation

Documents released last week by the World Health Organization, in advance of a November meeting in Delhi of its Framework Convention on Tobacco Control, show that the WHO has been operating in secret to limit access to new technologies that have enabled millions of people to quit smoking, according to …

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How to Build Environmental Protection into ‘New Silk Road’

How to Build Environmental Protection into ‘New Silk Road’

Jin Jiaman of GEI suggests ways to improve environmental protection in China’s overseas infrastructure projects after ‘green finance’ gets backing from G20 leaders. G20 leaders called for “green finance” policies to be “scaled up” at their Hangzhou summit this month, and for more work to be done on coordinating national …

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