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Tag Archives: Azerbaijan

SOCAR Discloses Volumes of Gas Export to Georgia and Turkey

By Maksim Tsurkov – Trend: Since the beginning of operation in 2006, 86 billion cubic meters of gas and 21.5 million tons of condensate have been extracted from Azerbaijan’s Shah Deniz biggest gas field, Alakbar Abbasov, adviser to the first vice president of Azerbaijan’s state oil company SOCAR, said. Abbasov …

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Giorgi Gakharia: We have no Fears About Loading of the BTC Railway

Giorgi Gakharia: We have no Fears About Loading of the BTC Railway

“We do not see any risk and have no any fears about loading of the railway,” the Economy Minister declared to Maestro TV. Giorgi Gakharia has called trade traffic as verification. “We should take into trade traffic, numbers between Turkey and Azerbaijan, or even between Kazakhstan and Azerbaijan. This is …

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Regional Position Paper was issued in the framework of East Invest 2

EU4Business Launches New Web Portal

EU4Business community of the Eastern Partnership (EaP) have come together to highlight the importance of the ongoing transformative process of Eastern partnership countries’ economies into market-driven economies, which generates both challenges and opportunities. We hereby convey to you, the Governments of Armenia, Azerbaijan, Belarus, Georgia, Moldova, Ukraine, the European Union …

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Georgia Always Open for Azerbaijani Businessmen

Caspian European Club and Caspian American Club hosted the first CEO Lunch Tbilisi in Georgia Sept. 29. CEO Lunch Tbilisi has been held with participation of Prime Minister of Georgia Giorgi Kvirikashvili within the framework of the official ceremony marking the resumption of activities of Caspian Energy Georgia. First Vice …

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Promoting Land Border Management between Azerbaijan and Georgia

The European Union (EU), United Nations Development Programme (UNDP) and the Governments of Azerbaijan and Georgia summarised the results of a three-year initiative which aimed to enhance land border protection between Azerbaijan and Georgia. Theclosing conference of the programme in Tbilisi on September 25, 2017, brought together top officials of …

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Azerbaijan to finance half of Iran’s Rasht-Astara railway

Azerbaijan to finance half of Iran’s Rasht-Astara railway

The Islamic Republic of Iran Railways (RAI) has said that Azerbaijan will provide Iran with 500 million euros worth of loan for completing the Rasht-Astara railway segment as part of the International North-South Transportation Corridor. “Keeping in mind the mutual benefits of the Rasht-Astara railway for the two countries, the …

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Tariffs on Trans-Caspian International Transport Route Reduced

Tariffs on Trans-Caspian International Transport Route Reduced

Tariffs on the Trans-Caspian International Transport Route (TITR) are likely to be further reduced due to ongoing negotiations with maritime operators on the Black Sea, after fees were already lowered on routes between Kazakhstan, Turkey and Poland. The aim is to lower the overall rate for transporting cargo between China …

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BP-led Group Extends Huge Azerbaijan Oil Field Deal to 2050

BP-led Group Extends Huge Azerbaijan Oil Field Deal to 2050

BP signed a contract with the government of Azerbaijan today to extend a production sharing deal until 2050. A group led by BP agreed with the State Oil Company of the Republic of Azerbaijan (Socar) to continue developing the huge Azeri Chirag fields and the deep water portion of the Gunashli field …

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Ukraine, Georgia, Azerbaijan Railway Companies Ink Memo to Operate Ferries

Ukrainian Railways PJSC, Georgian Railway LLC and Azerbaijan Railways CJSC have signed a memorandum of cooperation, Ukrainian Railways said in a message, trend.az reported. The sides will jointly operate regular train ferry service for development of freight traffic along the EU-Ukraine-Black Sea-Georgia-Azerbaijan-Caspian Sea-Asia route with the use of ferries of …

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