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Discussions on starting the supply of Azerbaijani gas to Bulgaria from 2016 will be held during the visit of Bulgarian President Rosen Plevneliev to Azerbaijan on Sept.20, Bulgarian media outlets reported on Sept.18.It is planned to …
Among western experts there is an opinion that the sanctions against Russia could lead to a considerable reduction in the supply of oil on the world market and to a sharp rise in the prices for it. In particular, a similar statement was …
Foreign Policy published article headlined "The Empire Strikes Back: Europe and the United States are ratcheting up sanctions on Russia, but Putin is not standing still" devoted to Russia's conflict with the US and its allies."As the United States and European Union prepare another round of sanctions on Russia, Moscow appears to have unsheathed its energy weapon to strike back, targeting European countries that are supplying Ukraine with natural gas in the wake of a Russian embargo," the author of article, Keith Johnson writes.
The Russian Economic Development Ministry has published a draft decree on the suspension of the agreement on free trade between Russia and Georgia.
Is Georgia's new government a new "dream"? A new government began its work today in Georgia. There are seven new ministers in the government including the Minister of Agriculture, the Minister of Regional Development, the Minister of Culture, the Minister of Ecology, heads of the departments of Corrections and Refugees, as well as the State Minister for Diaspora Affairs. Prime Minister Irakli Garibashvili has proclaimed a new program "For a united and democratic Georgia" which is aimed at fulfilling the country's obligations according to the association agreement with the European Union and even drafting a new constitution. Political scientist Petre Mamradze and economist Irakli Lekvinadze talked to VK about the new program of the government. The director of the "Georgian Business Insight" (BPI), economic expert Irakli Lekvinadze said that the program creates all the possibilities for the republic to fully develop. He said that in order for the program to be successful it is important for the ministries to take necessary decisions and to support the local businesses."An association, a free trade regime with the EU along with the maintenance of trade relations with Russia is an ideal situation," the expert said. The head of the Institute for Strategy Management, Petre Mamradze, in his turn, expressed talked about the economical downside on the program, but praised the humanitarian directions of the program such as human rights, the rule of law and the freedom of the media.A new government began its work today in Georgia.
Azerbaijani citizens Dilgam Ahmedov, Shakhbaz Guliyev and Gasan Gasanov were detained by Armenian soldiers in the Kalbajar District. Armenian media reported the detention of Shakhbaz Jalal oglu Guliyev andd Dilgam Gardashkhan oglu Askerov in Shaplar (Kalbajr District).
The Azerbaijani Labour and Social Protection Ministry is developing a long-term employment concept until 2026. Labour Minister Salim Muslimov reminded that the order to develop the document had been given by President Ilham Aliyev after discussing the socio-economic development of the country in the first half of 2014 with the government.
Azerbaijani President Ilham Aliyev has appointed British ex-Prime Minister Tony Blair as an advisor of the consortium transporting Azerbaijani gas to Europe. Hans-Dietrich Genscher, a German ex-minister of foreign affairs, Peter Sutherland, …
The mudslide at the Darial Ridge blocked the Georgian Military Road, the Terek River. The Verkhny Lars Customs Office was closed for Russia, Georgia, Armenia and Turkey. Irakly Lekvinadze, the director of the Georgian Business and Political Insight (BPI), reminded that the Georgian Military Road was an essential transit route. According to his calculations, Georgia loses $3-4 million every day the road stays closed. He added that high funds had been spent on construction of infrastructure in the area and about the same volume will have to be spent on reconstruction.
Turkish Minister for Energy and Natural Resources Taner Yildiz said that Turkey was satisfied with its 30% share in the Trans-Anatolia Pipeline (TANAP). He emphasized that Ankara did not want to change its share in the project until …
The State Oil Company of the Azerbaijan Republic (SOCAR) and UK’s BP have signed a deal to explore shallow waters of the Absheron Peninsula, according to Khoshbakht Yusifzadeh, SOCAR vice president for geology, geophysics and field …
The Trans-Anatolia Pipeline (TANAP) to transport Azerbaijani gas to Europe through Turkey will be launched in mid-2018, said Khoshbakht Yusifzadeh, vice president of the State Oil Company of the Azerbaijan Republic (SOCAR) for geology, …
Experts see greater significance in the meeting of foreign ministers than mere gas talks
The head of BP, Robert Dudley, came to the St. Petersburg International Economic Forum, Vladimir Buyanov, the official representative of the company in Russia, said. “After a long discussion we have decided that we should take part in the forum in favor of interests of our shareholders and leave politics aside. BP has a unique position as a major shareholder of Rosneft, the biggest world public oil company. We are still devoted to our investments. However, we will obey all launched sanctions,” ITAR-TASS cites him.
Russia has persuaded the EU to discard Gazprom Head Alexey Miller’s name from the blacklist, Vedomosti reports.A Total official said that the company had received no calls requesting European partners to keep Miller out of the blacklist. Shell, E.On, Enel and Gazprom refuse to comment, OMV, GdF, BP and the European Union have not responded.The European Union blacklisted 13 more people over the situation in Ukraine.
"European Business Hit By Russian Slowdown" is an article published today by the Wall Street Journal.
Joe Murphy, head of the executive office of the BP vice president for safety and operation risks, will be the new BP vice president for development of the Shah Deniz Field (Azerbaijan). BP Regional President Gordon Birrell called Murphy a …
BP announced today the appointment of Joe Murphy as Vice President of Southern Corridor for Azerbaijan-Georgia-Turkey (AGT) Region, reports Trend referring to a message from BP.In this new role, Joe will be responsible for Shah Deniz gas value chain (GVC) integration and BP's external affairs for all Southern Corridor matters, including representation of the Shah Deniz GVC to the governments of Greece, Albania, Italy and to the European Commission (EC). Joe will be based in Baku and will be a member of the AGT Leadership Team.
On Friday Turkey's news agency Hürriyet Daily News published an article by Yusuf Kanli headlined "Political crisis brewing in north Cyprus."
BP Regional President Gordon Birrell said that realization of the Shah Deniz-2 project worth $25 billion started, Business Georgia reports.Construction of a parallel pipeline with a length of 387km in Azerbaijan and 55km in Georgia will be built. New station to regulate pressure and two compression stations in Georgia will be installed.16 billion cubic meters of gas will be extracted within the second stage of Shah Deniz development. 6 billion cubic meters will be exported to Turkey and 10 billion to Europe.
