Azerbaijan: SOCAR to ensure stable revenue

Azerbaijan’s state oil company SOCAR was focused on diversification of its investments even when the oil prices were high, and this strategy would ensure stability of the company’s revenues, President of SOCAR Rovnag Abdullayev said

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Belarus: Gomselmash to sell first cotton harvesters to Cameroon

The Belarusian mechanical engineering company OAO Gomselmash is getting ready to ship a batch of cotton harvesters to Cameroon. It will be the first shipment of agricultural machines to the remote African country, Yuri Rafayev, Head of the Non-CIS Sales Office at Gomselmash, said

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Azerbaijan: SOCAR sticks to DESFA deal

Azerbaijani state oil company SOCAR is not going to abandon the purchase of a share in the Greek gas operator DESFA, President of SOCAR Rovnag Abdullayev said

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Georgia: SOCAR opens new gas distribution network

President of Azerbaijan’s state oil company SOCAR Rovnag Abdullayev took part in the opening of a gas distribution network in Girikhli village of Marneuli region in Georgia

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Russia: Rosneft privatization to bring 700 billion rubles

The Russian government can raise about 700 billion rubles from privatization of the oil major Rosneft, Economic Development Minister Alexei Ulyukayev said

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Russia: airlines to lose 10% of traffic in 2016

The passenger traffic of Russian airlines can decline by up to 10% in 2016, Transport Minister Maxim Sokolov said. “The domestic market has increased significantly

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Azerbaijan: Shah Deniz 2 jacket sails away

First Shah Deniz 2 platform jacket sail is an important milestone and great achievement, Shah Deniz 2 projects Vice President Ewan Drummond said

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Azerbaijan: SOCAR not in talks to buy Russian gas

Azerbaijani state oil company SOCAR is not in talks with the Russian Gazprom company on gas purchases, President of SOCAR Rovnag Abdullayev said

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Azerbaijan: SOCAR to export LNG

The Azerbaijani state oil company SOCAR is supplying liquefied natural gas to new buyers. “SOCAR will possibly start “pure trading” in the next five years”, Arzu Azimov, chief executive officer of Geneva-based Socar Trading, said

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Turkey and Turkmenistan mull bilateral ties

Turkey attaches special importance to the development of the traditionally friendly and fraternal relations with Turkmenistan, Ahmet Arslan, Turkish minister of transport, maritime affairs and communication, said

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Turkey: Tekfen to be involved in refinery construction

The Turkish Tekfen Insaat ve Tesisat A.S will conduct the electromechanical work as part of the construction of Star refinery in Turkey, Turkey’s Public Disclosure Platform said in a message

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Turkmenistan and Qatar mull cooperation prospects

Turkmen President Gurbanguly Berdimuhamedov discussed the topical issues of bilateral cooperation at a meeting with Qatar’s Foreign Minister, Sheikh Mohammed bin Abdulrahman bin Jassim Al-Thani, the Turkmen government said

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Uzbekistan: Temir Yollari launches passenger trains on route Tashkent-Andijan-Tashkent

Uzbekistan Temir Yollari (Uzbekistan Railways) started to run train O’zbekiston on route Tashkent-Andijan-Tashkent from September 5, on daily basis

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Uzbekistan to host conference on phosphorite processing technologies

Uzbekistan will host the first international conference “Resource saving technologies for processing of phosphorite of Central Kyzylkums into phosphate fertilizers and phosphoric salts” in October

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Tajikistan: Yovon becomes a major industrial center

Yovon district of Khatlon region has become a major industrial center of the country. This was stated by the President of Tajikistan Emomali Rahmon, speaking on Monday, September 5, in the course of putting into operation new enterprises of the TALCO chemistry concern

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Azerbaijan: new Lifan cars to be assembled

New Lifan cars will be assembled at the Nakhchivan Automobile Plant (NAZ), the plant’s Director Musa Abdullayev said. This issue was discussed during the talks in Baku between the plant’s Director Musa Abdullayev and Director General of Lifan International Sun Zejun

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Kazakhstan: capacity of major oil pipeline up

Kazakhstan completed the overhaul of its section of Tuimazy-Omsk-Novosibirsk-2 (TON-2) oil pipeline which allowed to increase its capacity from 7 to 10 million tons of oil per year, KazTransOil company reported

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Kazakhstan: government expecting GDP growth in 2017

Kazakhstan’s GDP growth is projected at 1.9% in 2017, Minister of National Economy Kuandyk Bishimbayev said. The forecast includes expectation of increase in oil production due to commissioning of the Kashagan field

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Tajikistan: Japanese companies called to cooperate in the construction industry

Ambassador of the Republic of Tajikistan in Japan Hamrokhon Zarifi took part in the event dedicated to the measures for the management of seismic risks and technology of Japan

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Uzbekistan: Gazprom to procure 15 billion cubic meters of gas in 2016

Russia’s Gazprom is planning to procure about 15 billion cubic meters of gas from Asia in 2016, Deputy head of Gazprom Export Mikhail Malgin said

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Russia: data retention laws to help industry develop

Implementation of Russia’s controversial package of anti-terrorism laws, obliging telecom and Internet operators to store metadata, content of users’ talks and correspondence, will give an additional impetus for development of the domestic industry, Industry and Trade Minister Denis Manturov said

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Kazakhstan: over 50 joint projects to be implemented with China

China and Kazakhstan plan to implement 51 joint projects in different spheres in Kazakhstan, Kazakh President Nursultan Nazarbayev said following his working visit to China, according to the president’s press-service

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Uzbekistan: Boeing 787 Dreamliner starts carrying out internal flights

Uzbekistan Havo Yollari (Uzbekistan Airways) has started executing regular flights on Boeing 787 Dreamliner airplanes from on September 5. According to the press service of the airline, the Boeing 787 Dreamliner jet will be used to carry out internal flights

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Turkey: Baku, Ankara and Ashgabat ink Trans-Caspian route declaration

Azerbaijan, Turkey and Turkmenistan have signed the Ashgabat declaration to create the Trans-Caspian transport corridor from Beijing to London, Turkey’s Transport, Maritime Affairs and Communications Minister Ahmet Arslan reported

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Azerbaijan to open new flights to attract tourists

In order to attract tourists to Azerbaijan, the ministries of economy, finance, culture and tourism, the Civil Aviation Administration and Azerbaijan Railways CJSC have been instructed to take measures to organize new advantageous international routes and inform Azerbaijan’s president on the issue

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Azerbaijan: passing through checkpoints to be eased

Azerbaijan will speed up the passage of foreigners and stateless persons through the border checkpoints with Russia, Turkey, Iran and Georgia, according to the decree signed by Azerbaijan’s President Ilham Aliyev on additional measures for developing tourism in the country

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Azerbaijan ahead of schedule on TANAP

The work within the Trans-Anatolian Natural Gas Pipeline (TANAP) project is underway in accordance with the plan, President of the Azerbaijani state oil company SOCAR Rovnag Abdullayev said

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Azerbaijan to provide Iran with gas storage facilities

Azerbaijani state oil company SOCAR can provide Iran with its gas storage tanks, President of SOCAR Rovnag Abdullayev said. He said that the matter rested in small amounts of 1-2 billion cubic meters of gas

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Azerbaijan invites Iranian businessmen for active co-op

Azerbaijan invites Iranian entrepreneurs to actively cooperate with local businessmen, said Azerbaijan’s Deputy Economy Minister Sahib Mammadov

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Turkmenistan: Ashgabat and Tokyo discuss energy and transport projects

Energy sector, oil, gas and chemical sphere, as well as transport have been defined among the topical areas of cooperation between Japan and Turkmenistan, said the message of the country’s government

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