Caspian Energy Investor ¹ 06 (281) 13 February 2008
ACCENT
«NATIONAL GDP AND BUDGET ROSE RESPECTIVE 4 AND 10 TIMES OV ERTHESE FOUR YEARS» PRESIDENT OF AZERBAIJAN
FOUR YEARS OF STATE PROGRAM FOR REGIONAL SOCIAL AND ECONOMIC DEVELOPMENT SUMMARIZED
«During 2007 GDP production amounted to 25.2bn manat, up a quarter over year», said President of Azerbaijan Ilham Aliyev during 11 February conference, summarizing fours years of State Program for Regional Social and Economic Development.
AZERBAIJAN-TURKMENISTAN: CASPIAN SEA STATUS ISSUE CAN BE RESOLVED YET IN 2008
The Caspian Sea border delimitation between Azerbaijan and Turkmenistan talks took place February 6 through 8, 2008 in Baku, and Foreign Ministry of Azerbaijan claimed them successful. Discussed during the talks under chairmanship of Azerbaijani Deputy Foreign Minister Khalaf Khalafov and his Turkmen counterpart Hoshgeldi Babayev was the sea legal status, seabed delimitation issues and midline coordinates.
EXCLUSIVE
«WE WANT TO USE AZERBAIJAN’S TRANSIT POTENTIAL AS MUCH AS POSSIBLE» - TIMUR KULIBAYEV
«Trans-Caspian direction is a priority for Kazakhstan. We in Kazakhstan are committed to multi-arrow transportation infrastructure development policy. So far, Kazakhstan and Azerbaijan stroke intergovernmental agreements for support of Trans-Caspian oil transportation system and I think we will be developing marine transportations in the Caspian together with Azerbaijan», said Timur Kulibayev, Chairman KazEnergy Assocaition, in his exclusive interview with Caspian Energy Investor.
CASPIAN REGION
Kazakhstan
KAZAKHSTAN GOING TO REVISE GOOD HALF OF SUBSOIL CONTRACTS
Following the success with asset development in Kashagan Project, Kazakhstan is going to make a serious revision of subsoil development contracts. So the government is openly stating it terminates all subsoil contracts with subsoil users failing to comply with their assumptions.
Turkmenistan
Russia
GAS
NEW GAS CONFLICT OVER
RUSSIA AND UKRAINE AGREED ON FUEL SUPPLIES
In the follow-up of talks (February 12) between Russian and Ukrainian Presidents Victor Yutshchenko and Vladimir Putin the gas supplies issue has been resolved. President Yutshchenko stated Ukraine’s readiness to repay her debts yet by Thursday, February 14. Base price for gas supplies is $179 per 1,000 cu m. Too, the agreement was achieved to dismiss gas supply mediators. As a result, Naftogaz Ukraine and Gazprom will establish new companies to act as mediators.
NABUCCO GET LAUNCHED IN 2013
Nabucco Gas Pipeline International disseminated the statement on postponing Nabucco pipeline opening until 2013.
MEP
TRANSPORTATION
Azerbaijan’s exports
Odessa-Brodi
ÊÒÊ
CPC
Iran-Pakistan-India
Burgas-Alexandroupolis
Black Sea Canals
EXHIBITIONS
EXCLUSIVE IMAGE BRANCH EVENT OILMEN’S BALL TO BE HELD IN ASTANA
Kazakhstan’s exhibition and conference company, Expo.kz LLP, is organizing an exclusive image event Oilmen’s Ball for companies engaged in the oil and gas industry in Kazakhstan and CIS.
7TH REGIONAL TELECOMS AND IT CONFERENCE & SHOWCASE DUE IN ISTANBUL
The 7th Regional Turkey, Caspian, Central Asia, Russia and Black Sea Telecoms and IT Conference & Showcase will take place April 17 through 18 in Istanbul.
TENDERS
MINISTRIES AND AGENCIES CALL FOR TENDERS
A number of ministries and agencies in Azerbaijan and Turkmenistan called for tenders on acquisition of goods, materials and spare parts.
ECONOMY
ILHAM ALIYEV TOOK PART IN OPENING BAKU MKT SPINNING FACTORY AND VISITED HEYDAR ALIYEV AIRPORT HIGHWAY CONSTRUCTION SITE
President of Azerbaijan Ilham Aliyev took part (February 8) in opening of Baku Spinning Factory and the International Trade Center.
Too, President of Azerbaijan Ilham Aliyev was familiarizing (February 8) with the processes of reconstruction and bringing to standard Azadlyg Square-Zykh Circle highway and construction of new concrete-cover highway, Zykh Circle-Heydar Aliyev International Airport.
SOCAR
Production
Drilling
Construction
CONSORTIA
ACG
Zykh-Govsany
COMPANIES
WORLD MARKET
OPEC MAY CUT OIL PRODUCTION
The Organization of Petroleum Exporting Countries (OPEC) can make the decision to cut oil production.