construction in the East

page 10

Turkey to build 6 new football stadiums

Turkey to build 6 new football stadiums

Six new football stadiums will be built in such Turkish cities as Ankara, Elazig, Erzincan, Hakkari, Sirnak and Edirne, Turkey's Youth and Sports Ministry said in a message, noting that 820 million Turkish liras ($217 million) will …

Iran refuses to build railway to Armenia

Iran refuses to build railway to Armenia

Iran is ready to launch the railway with Armenia, but under one condition, the Ambassador Extraordinary and Plenipotentiary of the Islamic Republic of Iran to Armenia Seyed Kazem Sajjadi said yesterday. …

 Gazprom to build Turkish Stream at its own expense

Gazprom to build Turkish Stream at its own expense

Gazprom will implement the construction of the Turkish Stream gas pipeline at its own expense, Deputy CEO of the Russian holding Andrei Kruglov said in London today. "We tentatively said that the cost can be $6 bln …

Iran to build bridge between Georgia and Armenia

Iran to build bridge between Georgia and Armenia

Iran's company Ariana Tunnel Dam Co will construct a new Bagratashen Bridge on the Armenian-Georgian border in 2018. The construction will be financed from a loan agreement signed between Armenia and the European Bank for …

Turkey unveils route of Canal Istanbul project

Turkey unveils route of Canal Istanbul project

The Turkish government unveiled the route of its planned new canal for Istanbul, which is an artificial sea-level waterway parallel to the Bosphorus that is to connect the Black Sea to the Sea of Marmara. The project, first announced by …

Russia's Gazprom to double investment in Turkish Stream

Russia's Gazprom to double investment in Turkish Stream

Russia's gas giant Gazprom said that it plans to invest 182.4 billion rubles ($3.2 billion) this year in the Turkish Stream pipeline project  Gazprom also plans to increase its investment to the Power of Siberia gas pipeline …

Kazakhstan's car industry shows improvements in 2017

Kazakhstan's car industry shows improvements in 2017

In 2017, residents of Kazakhstan bought more than 46,000 new cars worth $1.12 billion, the press service of KazAvtoProm reported. The press service noted that the sales have increased by 28.6% in comparison with 2016. …

 Gazprom lays more than third of Turkish Stream pipeline

Gazprom lays more than third of Turkish Stream pipeline

Russia’s energy giant Gazprom has already laid over 650 kilometers of pipes for the Turkish Stream gas pipeline, which exceeds 35% of the pipeline's offshore section, the company's Chief Executive Officer Alexei Miller …

Turkish minister on progress of TANAP construction

Turkish minister on progress of TANAP construction

The construction of the Trans Anatolian Natural Gas Pipeline (TANAP) will be completed by 94% till late 2017, Turkey’s Energy and Natural Resources Minister Berat Albayrak said. He stressed that TANAP is one of …

Turkish Stream enters Turkey's exclusive economic zone

Turkish Stream enters Turkey's exclusive economic zone

The first line of the Turkish Stream gas pipeline on Saturday entered the Turkish exclusive economic zone, the project’s operator said, TASS reports. "Pioneering Spirit, the world’s largest construction vessel, laid …

Excavation work starts for Bushehr 2

Excavation work starts for Bushehr 2

Excavation work has started at the site of unit 2 of the Bushehr nuclear power plant in southern Iran, Atomproekt, the reactor design subsidiary of Russian state nuclear corporation Rosatom, announced today. Construction and installation work …

 Russia lays out conditions for 'Turkish Stream 2'

Russia lays out conditions for 'Turkish Stream 2'

Russia is ready to work to extend the Turkish Stream gas pipeline to other European countries only after obtaining substantial legal guarantees from Brussels, Russian Foreign Minister Sergei Lavrov said, speaking at a …

Rosatom obtains first license on Akkuyu construction

Rosatom obtains first license on Akkuyu construction

Rosatom has obtained the first license on construction of Akkuyu Nuclear Power Plant in Turkey, Russia’s nuclear corporation said. "The limited construction permit allows to launch construction and assembly operations at all …