Caspian Energy Investor ą 38 (227)     14 November 2006


ACCENT


  • ILHAM ALIYEV AND VLADIMIR PUTIN DISCUSS RELATIONS


    • EUROPEAN MARKET IS MORE AND MORE INTERESTED IN AZERBAIJAN

    During the talks (November 9) held in the Kremlin President of the Russian Federation Vladimir Putin and President of Azerbaijan Ilham Aliyev discussed the bilateral relations between RF and Azerbaijan in the field of energy in the light of cooperation with EU. President arrived to Moscow from Brussels immediately after singing the Memorandum of Understanding on Strategic Partnership in the field of energy between the European Union and the Republic of Azerbaijan.

    EXCLUSIVE


  • MED WORKING OUT A STRATEGY FOR SMALL AND MEDIUM BUSINESS DEVELOPMENT IN AZERBAIJAN FOR 2007-2010 - S. NURIYEV

    •
    “At the moment businessmen are mainly interested in sources of financing. But entrepreneurs in Baku differ from small and medium business entities in the regions. Baku businessmen are mainly interested in consultancy and information services and establishment of foreign contacts. Due to development of Internet entrepreneurs may set up direct contacts with potential foreign partners”, Samir Nuriyev, the Head of Entrepreneurship Promotion Department of the Ministry of Economic Development of the Republic of Azerbaijan said in the exclusive interview to Caspian Energy Investor.


    CASPIAN REGION


  • Caspian status


  • Kazakhstan


  • DIRECT RAILWAY-FERRY SERVICE BETWEEN KAZAKHSTAN AND RUSSIA OPENED IN THE CASPIAN SEA

    •
    ROSNEFT SERIOUSLY VIEWS THE OPPORTUNITY TO EXPORT OIL TO CHINA THROUGH KAZAKHSTAN

    Implementation of the oil and gas projects allowed Kazakhstan developing large transport corridors both through pipeline networks and by railway and sea. The direct railway-ferry service between Kazakhstan and Russia was opened in the Caspian Sea last week. Both countries seriously view the opportunities to supply energy resources to the China’s market. At the same time, China is actively expanding its presence in the hydrocarbon market of Kazakhstan.

  • Russia

    •

  • Turkmenistan-Iran

    •

    CASPIAN ECOLOGY


    GAS


  • DIVERSIFICATION OF GAZPROM’S SUPPLIES TO EUROPE


    • Gazprom, which planned to reach agreement with Bulgaria so as to change the provisions in the unprofitable contract about supplies and transit of gas before the end of the year, worries about the slowness showed by the Bulgarian government during the talks with the company. The source in Gazprom Export reported to Reuters upon completion of the scheduled round of negotiations.

    MEP


    TRANSPORTATION


  • Baku-Supsa


  • BAKU-SUPSA OIL PIPELINE STOPPED FOR UNCERTAIN PERIOD


    • The Azerbaijan International Operating Company (AIOC) has ceased oil pumping through the Baku-Supsa pipeline for an uncertain period of time.

  • Baku-Novorossiysk

    •

  • CPC

    •

  • Odessa-Brody

    •

  • Caspian ports

    •


    ECONOMY


  • MILLI MAJLIS OF AZERBAIJAN DISCUSES THE BUDGET OF STATE SOCIAL SECURITY FUND


    • The draft of the law on” the budget of the State Social security fund of the Azerbaijan Republic for 2007” was discussed during the summit of Milli Majlis on November 2007.

  • CASPIAN ENERGY IPH TAKES PART IN THE INTERNATIONAL ISLAMIC CONFERENCE IN BAKU


    • The International Investment Conference organized by the Ministry of Economic Development of Azerbaijan and the Islamic Development Bank was held in Baku (November 8-9).


    SOCAR


  • Reforms

    •

  • Drilling

    •

  • Budget

    •


    CONSORTIA


  • Shah Deniz

    •

  • ACG

    •

  • CHANGES IN ACG PHASE-3 PROJECT


    • Some changes were made in the Deep Water Gunashli Project also known as Phase 3 of the Azeri-Chirag-Gunashli project sanctioned in September 2004.


    COMPANIES


    WORLD MARKET


  • OPEC READY TO FULFILL COMMITMENTS TO CUT OIL PRODUCTION


    • All states within the Organization of Petroleum Exporting Countries (OPEC) are going to completely fulfill undertaken commitments to cut oil production, OPEC President Edmund Daukoru stated. Despite the OPEC’s decision dated October 21 to curtail oil output by 1.2 million bbl a day from November 1, the prices on “black gold” still stand below $60.