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Tag Archives: Turkey

EBRD Predicts Revitalization of the Region

EBRD Predicts Revitalization of the Region

European Bank for Reconstruction and Development (EBRD) predicts revitalization of the region despite the sustained high risks. TOP- 7  (2016●2017) Georgia 3,4% ●3,9% Azerbaiajn (3,0) ●1.0% Aremnia 2.0 ●2,0% Ukraine 1,5 ●2.0% Belorussia (3.0) ●1.0% Russia (0.6) ●1.2% Turkey 3.0 ●3.0% According to European Bank, South-Eastern Europe improves rating at the …

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Istanbul to Host Azerbaijan-Turkey-Georgia Business Forum

The fifth Azerbaijan-Turkey-Georgia business forum will be held on November 16 in Istanbul, said a message posted October 29 on the Turkish Foreign Economic Relations Board’s website. The forum will be attended by Azerbaijan’s Economy Minister Shahin Mustafayev, Georgia’s Minister of Economy and Sustainable Development Dimitry Kumsishvili, Turkey’s Economy Minister Nihat …

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Azerbaijan may Export up to 700 Million MW through Georgia

Azerbaijan may Export up to 700 Million MW through Georgia

Electricity export from Azerbaijan via the Azerbaijan-Georgia-Turkey energy bridge may reach 700 million megawatts, said Azerbaijani Energy Minister Natig Aliyev in his article published by the official press Oct. 20. “The work on the creation of the Azerbaijan-Georgia-Turkey energy bridge is continuing,” noted Natig Aliyev. “The project will allow integrating …

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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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Regional Human Development Report 2016

Global narratives on inequalities and how best to address them have not yet fully connected with the transition and developing economies of Europe, Turkey, and Central Asia. This is partly because of the region’s largely post-socialist heritage, which left relatively equal distributions of income, relatively broad access to social services, …

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Southern Gas Corridor Excellent Example of New Energy Source

Southern Gas Corridor Excellent Example of New Energy Source

The Southern Gas Corridor is an excellent example to a new source of energy for Europe, said Vice-President of EU Commission in charge of Energy Union Maros Sefcovic. He made the remarks at the Inter-Parliamentary Meeting of the European Forum for Renewable Energy Sources (EUFORES). The Southern Gas Corridor is one …

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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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Turkish Opportunities

Russian sanctions against Europe and Turkey provided a great opportunity for the Georgian agricultural sector which could have replaced, to the best of its ability, the needed supplies of fruit and vegetables to Russia and thus regain its positions on the vast neighboring market.  Article by Dr. Andrei Maximov Maximov&Partners LLC; …

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Georgian Electricity Exports Tariffs Grows in Turkey

Average tariff for exports of Georgian electricity to Turkey has grown by 10.8%, i.e. to 5 Cent on one kilowatt-hour, while electricity prices have dipped by 7% (to 4.8 Cent on kilowatt/hour) on the Turkish market. According to G&T, in Turkey prices declined from the previous year’s low basis. The …

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Int’l Association Talks Possibility of Uniting Turkish Stream, TANAP

Int’l Association Talks Possibility of Uniting Turkish Stream, TANAP

Uniting of the Turkish Stream and TANAP gas pipelines at the Turkish-Greek border is absolutely a normal process, President of the International Association for Energy Economics (IAEE) Gurkan Kumbaroglu told Trend Aug. 16. He said that this process is also important in terms of diversification of energy sources and energy …

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