Representatives of Azerbaijan, Iran, Kazakhstan, Russia and Turkmenistan met in Ashgabat to discuss a draft protocol on cooperation in safety of shipping in the Caspian Sea. The agreement creates a legal basis for cooperation between the parties in the fight against terrorism, organized crime, arms and drugs trafficking, smuggling, human trafficking, illegal immigration, as well…
Azerbaijan will supply 500,000 bottles of wine to China, the Economy Ministry said. The ministry said that the agreement on the supply was reached during the visit of an export mission of Azerbaijani entrepreneurs to Hong Kong and Guangzhou on November 9-15. During the visit, the Azerbaijani entrepreneurs took part in two international exhibitions of…
Total production at the Azeri-Chirag-Deepwater Gunashli (ACG) was on average 644,000 barrels per day (b/d) (over 176 million barrels or 24 million tons in total) in January-September, same as in January-September 2015, BP Azerbaijan has said. According to the BP Azerbaijan report, 53,000 b/d of that volume accounted for Chirag platform, 149,000 b/d – Central…
Azerbaijan is one of the important countries for Northern Cyprus in the field of tourism development, Fikri Ataoglu, Cypriot minister of tourism and environment, said. Ataoglu is expected to visit Azerbaijan on November 29. Northern Cyprus’s potential for tourism will be presented as part of the visit. The minister will be accompanied by a delegation,…
Board of Directors of the Asian Infrastructure Investment Bank (AIIB) plans to consider the allocation of a loan worth $600 million for the Trans Anatolian Natural Gas Pipeline (TANAP) project in March 2017, the AIIB reported. The AIIB said that the loan would be allocated for the Southern Gas Corridor CJSC. Azerbaijan is one of…
Joint operations of public joint-stock company Ukrgazvydobuvannia and Karpatygaz LLC resulted in production of 53.7 million cubic meters of gas and 2,700 tons of gas condensate in October, according to a posting on the website of Misen Energy AB‚ (Sweden, the owner of the controlling stake in Karpatygaz). In addition, 400 tons of oil and…