The Oil and Gas of Turkmenistan (OGT 2016) annual summit will be held on December 7-8, in Ashgabat with participation of the Turkmen Chamber of Commerce, according to an updated report, read a message from Turkmenistan’s Oil and Gas Complex. The event’s organizer is the UK Summit Trade Events. Turkmenistan ranks the second in CIS…
The Southern Gas Corridor (SGC) will bring tens of billions of net profit to Azerbaijan in 2018-2019, President of the State Oil Company of Azerbaijan (SOCAR) Rovnag Abdullayev said. “Shah Deniz 2 is one of our most promising projects. The development of the huge Shah Deniz field, which has around 1.2 trillion cubic meters of…
Head of the Turkish Calik Holding Ahmet Calik at a meeting with Turkmen President Gurbanguly Berdimuhamedov told about the process of construction of an international seaport in Turkmenbashi city, said the message of the Turkmen government. Calik received specific instructions of the Turkmen president in this regard, according to the message. The Turkish holding will…
Latvia’s meat processor Forevers is aiming to increase its revenues by up to 5% in 2016, the company announced following the release of its improved sales results for last year. To enable this, Forevers is currently implementing a number of investments to raise its output capacity. For 2015, Forevers reported sales of some 30.1 million…
Iranian companies have invested $2.6 billion in Azerbaijan’s economy, Azerbaijan’s Deputy Economy Minister Sahil Babayev said. The deputy minister said that only $145 million of this amount was invested in the non-oil sector. Around 450 companies with Iranian share operate in Azerbaijan, Babayev added. “The relations between Azerbaijan and Iran have entered a new phase.…
French company Danone is considering the prospects of purchasing a third dairy plant in Belarus. Belarusian Prime-Minister Andrei Kobyakov made a statement to this effect at a meeting with French Ambassador in Minsk Dominique Gazuy upon completion of her diplomatic mission to Belarus. The premier said: “French companies have been paying attention to Belarus in…
Estonia’s capital Tallinn was named a Top-Rated Baltic & Scandinavia Cruise Destination in Cruise Critic’s first-ever Cruisers’ Choice Destination Awards. According to the Cruise Critic’s consumer feedback submitted on the Cruise Critic website over the past year the top 5 destinations of the Baltic Sea region are: 1. St. Petersburg; 2. Tallinn; 3. Stockholm; 4.…