Caspian Energy Investor ¹ 26 (259) 11 September 2007
ACCENT
ANKARA MUST GIVE IN
CIBC
CHAIRMAN KAZENERGY ASSOCIATION TIMUR KULIBAYEV OFFERED CIBC TO ESTABLOISH KAZAKHSTAN-AZERBAIJAN PETROLEUM CLUB
The issues of mutual cooperation were discussed today (September 6) in Astana during the meeting between President and CEO Caspian Integration Business Club (CIBC) Telman Aliyev and Chairman KazEnergy Association Timur Kulibayev.
MEETING OF CASPIAN CONSTRUCTION CLUB WITH THE CASPIAN INTEGRATION BUSINESS CLUB RESULTED IN DRAFT OF AZERBAIJAN’S QUALITY CONSTRUCTION PROGRAM
The problems in construction sector were discussed today (September 4) during the meeting of Caspian Construction Club with the Caspian Integration Business Club (CIBC).
EXCLUSIVE
PRESIDENT OF AZERBAIJAN DUE TO LITHUANIA ON FIRST OFFICIAL VISIT ON SEPTEMBER 13-14
President of Azerbaijan is paying his first official visit to Lithuania on September 13-14.
Kestutis Kudzmanas, the Ambassador Extraordinary and Plenipotentiary of the Republic of Lithuania to Azerbaijan, told Caspian Energy Investor that during the visit heads of states would sign a Mutual Declaration and a number of intergovernmental agreements covering cooperation in a number of fields.
The program of Presidential visit to Lithuania includes the second Azerbaijani-Lithuanian business-forum. The first took place June 9 in Baku with participation of presidents Ilham Aliyev and Valdas Adamkus.
A few days away, September 6, Naira Shakhtakhtinskaya, e Ambassador Extraordinary and Plenipotentiary of the Republic of Azerbaijan to Lithuania handed her credentials to Lithuanian President Valdas Adamkus.
An agreement for mutual opening of embassies was achieved at June meeting between Ilham Aliyev and Valdas Adamkus in Baku. The first ambassador of Lithuania to Azerbaijan is Kestutis Kudzmanas.
«PROJECTS TO CREATE THE CENTRAL ASIA-SOUTH CAUCASUS-EUROPE CORRIDOR SHOULD BECOME A COMMON INTEREST» - PETRAS VAITIEKUNAS
«Today Odessa-Brody-Plock-Gdansk oil pipeline is the most realistic oil diversification project for the EU in Eastern direction. Implementation of this project will allow transporting Caspian oil to the EU. In this case it is important to secure engagement of Kazakhstan and Azerbaijan authorities and oil companies to shift part of their oil export through the new extended Odessa-Brody-Plock pipeline», said Petras Vaitiekunas, Minister of Foreign Affairs the Republic of Lithuania, in his exclusive interview with Caspian Energy Investor.
«CRUDE OIL SUPPLIES FROM THE CASPIAN REGION ARE CONSIDERED AS ONE OF THE CRUCIAL ELEMENTS ENSURING THE FUEL SECURITY OF POLAND» - PIOTR G. WOZNIAK
«The project of the transportation corridor for crude oil from the Caspian region up to the Baltic Sea is perceived not only as the additional source of supply to Polish market, but also to other European and international markets. At this early stage of the project, Polish refineries are expected to receive about 3 mt of crude oil this way. We are going to continue promotional activities aimed at increasing the number of Polish products to Azerbaijan’s market. In November 2007, we are going to organize the second edition of the Polish national exhibition in Baku», said Piotr G. Wozniak, Minister of Economy of Poland, in his exclusive interview with Caspian Energy Investor.
CASPIAN REGION
Kazakhstan
STICKING POINT OF KASHAGAN
MINISTER OF ENERGY AND MINERAL RESOURCES OF KAZAKHSTAN STATED HIS CONCERN WITH IMPLEMENTATION OF NORTH CASPIAN PROJECT.
Kazakhstan’s government is displeased with delay of Kashagan project. The matter is already discussed at all levels of power agencies. Prime-Minister Karim Masimov demanded participants to Kashagan project make state-owned KazMunaiGaz the project co-operator alongside Eni of Italy. The delay with commencement of production at Kashagan, with account for the economic scale of this project, can result in significant reduction of scheduled rates of growth of national economy through the next decade and jeopardize long-term national economic programs. This was said by Minister of Energy and Mineral Resources of Kazakhstan Sauat Minbayev during his meeting (September 11) with Paolo Scaroni, President Eni, operator of Kashagan development Project.
Turkmenistan
Russia
Georgia
GAS
MEP
TRANSPORTATION
Baku-Novorossiysk
Kazakhstan-China
Caspian ports
Black Sea ports
ECONOMY
SOFAZ ALLOTTED 318.7MLN MANAT TO SOLVE SOCIAL AND HOUSING PROBLEMS OF REFUGEES AND IDPS
Since 2001 until July 31, 2007 the State Oil Fund of Azerbaijan allotted 318.7mln manat to solve the social and housing problems of refugees and IDPs.
TARIFF CEILING FOR SERVICES OF INTERNATIONAL AND INTERSTATE FREIGHT-FORWARDING BY RAIL TRANSPORT SET
The Tariff () Council of Azerbaijan has considered the proposals on the services that are provided by the State Security Service, Azerbaijan Railways Company.
AZERENERJI SUSPENDS SHIMAL POWER PLANT FOR TWO-MONTH REPAIRS
FIRE AT SEVENTH POWER UNIT BROKE OUT DUE TO OIL IN STEAMPIPES
The special commission created by Azerenerji open JSC is investigating the fire occurred at 7th power unit of Shimal power plant.
IMF MISSION’S VISIT TO AZERBAIJAN OVER
At the meeting Azerbaijan’s Economic Development Minister Heydar Babayev and Deputy Director of IMF Department for Middle East and Central Asia VItaliy Kramarenko dwelt on the results of the IMF’s mission to Azerbaijan, execution of projects included in the State Investment Programme, the 2008 State Investment Programme management and inflation-related issues.
AZERBAIJAN INVITES WB TO TAKE PART IN BAKU-TBILISI-KARS RAILWAY CORRIDOR PROJECT
Heydar Babayev, Azerbaijan’s Economic Development Minister, and Peter Thompson, Director of Infrastructure Sector in the Europe and Central Asia Region of the World Bank, met to discuss perspectives of cooperation between Azerbaijan an the World Bank.
ENTRANCE TO BAKI SOVETI SUBWAY STATION SUBJECT TO RECONSTRUCTION
According to the approved design, the ground piece of Baki Soveti subway station will be reconstructed.
STATE PREFERENCES FOR INVESTMENT LEASING SUPPORT IN KAZAKHSTAN
The Committee for Investment Affairs of the Industry & Trade Ministry of Kazakhstan and Development Bank of Kazakhstan JSC’s subsidiary, BRK-Leasing, signed (September 5) the Memorandum of Cooperation to maintain partnership relations.
TOTAL PROVED OUTPUT OF KAZAKHSTAN'S POWER PLANTS IS 18,773 MW
So far the total proved output and available power of Kazakhstan’s power plants is 18,773 and 14,617 MW, respectively.
EXHIBITIONS
ITECA CASPIAN LLC LEADS WEST AZERBAIJAN INFRASTRUCTURE 2007 REGIONAL EXHIBITION
First time, Iteca Caspian LLC is leading regional exhibition «WEST AZERBAIJAN INFRASTRUCTURE 2007 », the first project implemented outside Baku.
SOCAR
Export
Projects
Construction
State Budget
COMPANIES
WORLD MARKET
OPEC NOT TO RAMP UP OIL PRODUCTION
The Organization of Petroleum Exporting Countries (OPEC) thinks unnecessary to increase oil production, Saudi newspaper Riyadh writes with the reference to the sources close to OPEC.