The construction of the Trans Adriatic Pipeline (TAP), which is designed to transport Azerbaijani gas to Europe, is progressing in Greece. TAP AG tweeted that over 17 km line pipes have been strung and 5 km welded along the pipeline route in Greece. On August 24, TAP AG tweeted that it started welding pipes in…
The work within the Shah Deniz Stage 2 project has been completed by 80%, Rovnag Abdullayev, president of Azerbaijan’s state oil company SOCAR, said. “The work on Shah Deniz 2 successfully continued in the first half of 2016”, he said. “For the present, the four-fifths of the planned works, including engineering, construction and other works…
Having successfully implemented the first stage of the Rail Baltica project, Lithuania has been the first of the Baltic States to embark on the second stage of the project – the construction of a European standard gauge railway from Kaunas to the Lithuania-Latvia border, the press center of Lithuania’s Ministry of Transport and Communications reports.…
The Belarus-Russian joint venture Brestgazoapparat plans to start building a transport and logistics hub worth Br4.784 million ($2.446 million) in October and is currently seeking a general contractor for the project. The closing date for applications is September 30. Brestgazoapparat is to launch the new logistics hub in May 2018. Brestgazoapparat is a group 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…
The European Bank for Reconstruction & Development’s (EBRD) Board of Directors has adopted a decision on raising the bank’s stake in the equity capital of Holcim OJSC in Azerbaijan (formerly Garadagh Cement Plant) to 20%, according to the bank’s message. This move was made to continue supporting the company to improve energy efficiency through the…
Russia will finish construction of its part of a railroad bridge across the Amur River to China in mid-2018, the Transport Minister Maxim Sokolov reported. China has already finished its part of the bridge. The project should have been implemented in 2017, but the new term is 2018, Sokolov said. The project was moved from…