Turkey engaged further with Caucasus, Central Asia in 2012
The construction of the Baku-Tbilisi-Kars railroad, also known as the Iron Silk Road, is expected to be completed in 2013. The railway, which is planned to have an initial yearly carrying capacity of 1.5 million passengers and 3 million tons of cargo, will pave the way for Turkey, Azerbaijan and Georgia to achieve better economic integration.
Naftogaz Ukrainy signs agreement to get Chinese credits for gas-to-coal projects
Ukraine's national oil and gas stock company Naftogaz Ukrainy has signed an agreement with China Development Bank Corporation for $3.656 billion under state guarantee for projects involving the replacement of gas with coal, Deputy Prime Minister Yuriy Boiko's press service announced Tuesday evening.
Russia, China Launch Stage Two in Joint Nuclear Plant Project
Russia and China are starting construction work on the second stage of the Tianwan nuclear power plant, Russian officials said on Thursday.
Azerbaijan, Georgia to continue joint energy projects
The Baku-Tbilisi-Erzrum gas pipeline will be expanded with the increased capacity amounting to 25 billion cbm of gas per year after 2017, Azerbaijan’s energy minister Natig Aliyev told journalists in Baku.
Iran resumes supply of some products to Armenia
Tehran has lifted a ban on the export of some products from Iran to Armenia, Armenian Foreign Ministry spokesman Tigran Balayan said stressing that this became possible as a result of negotiations, Armenian news agency 7or.am., reported.
Azerbaijani-Georgian strategic partnership to continue, top official says
The strategic partnership between Azerbaijan and Georgia will continue in the future, Head of Azerbaijani Presidential Administration's Social and Political Department Ali Hasanov told media today.
Azerbaijan, Kazakhstan negotiate to create infrastructure to transport Kashagan oil
Kazakh State Oil and Gas Company "KazMunaiGas" and the State Oil Company of Azerbaijan (SOCAR) are in talks to create the infrastructure needed to transport oil from Kazakhstan's Kashagan field within the second phase of its development, Kazakh Ambassador to Azerbaijan Serik Primbetov said at a press conference at the Trend International News Agency on Tuesday.
Iran ready to expand economic, cultural cooperation with Vietnam
IRI Foreign Minister Ali Akbar Salehi on Monday expressed Iran's readiness to expand economic, trade, parliamentary and cultural cooperation with Vietnam.
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