Caspian Energy Investor ą 40 (229)     28 November 2006


ACCENT


  • YEAR OF RUSSIA IN AZERBAIJAN PROCEEDING TO COMPLETION


    • The Year of Russia in Azerbaijan is proceeding to completion. Within the last two years the bipartite relations between Azerbaijan and Russia were rapidly developing in the political, economic and humanitarian aspects. The Heads of two historically close sovereign states Ilham Aliyev and Vladimir Putin announced the 2005 year the Year of Azerbaijan in Russia and the 2006 the Year of Russia in Azerbaijan.

    EXCLUSIVE


  • WIDE EXPORT AND IMPORT NOMENCLATURE IS A STRONG POINT OF THE ECONOMIC COOPERATION BETWEEN AZERBAIJAN AND RUSSIA - GERMAN GREF


    • “We consider necessary to take actions so as to preserve CIS as a rational integration organization for almost all states of the post-soviet space”, German Gref, the RF Minister of Economic Development told in the exclusive interview for Caspian Energy Investor.

  • “THOUGH YEAR OF RUSSIA IN AZERBAIJAN IS COMPLETING, THE COOPERATION BETWEEN REGIONS WILL CONTINUE - YURI SHCHEDRIN

    •
    “We put forward the idea to create a council for scientific & technical cooperation under the Azerbaijan-Russian Intergovernmental Trade-Economic Commission. At the same time we are going to set up a training center to train and retrain the specialists from Azerbaijan and Russia in the field of innovative activity”, Trade Representative of the Russian Federation to the Republic of Azerbaijan Yuri Shchedrin said in the exclusive interview to Caspian Energy Investor.


    CASPIAN REGION


  • Kazakhstan

    •

  • EU AND KAZAKHSTAN TO SIGN THE MEMORANDUM ON STRATEGIC PARTNERSHIP IN THE FIELD OF ENERGY


    • KAZAKHSTAN TO ATTRACT $30 BILLION FOR DEVELOPMENT OF LARGE FIELDS

    Kazakhstan and EU will sign the Memorandum on Strategic Cooperation in the field of energy. During the official visit (December 6) to be paid by President of Kazakhstan Nursultan Nazarbayev to Brussels (Belgium) the parties will sign the Memorandum of Strategic Partnership in the field of energy between the European Union and Kazakhstan.

  • Turkmenistan

    •

    GAS


  • RUSSIA-EU SUMMIT: MORE QUESTIONS THAN ANSWERS

    •
    GAZPROM ANNOUNCES THE PRICE AND EUROPE LOOKS FOR ALTERNATIVE SOURCES

    After Russia-EU Summit, which took place in Helsinki last Friday, it became clear that sides would not agree about the new agreement on cooperation and partnership. On the whole, Europe does not refuse from the deliveries of Russian gas and it will be difficult to Russia to redirect its export to the East quickly. There is no consensus on this issue and alternative providers can act widely.

  • WASHINGTON AGAINST LONG-TERM SUPPLIES OF IRANIAN GAS TO GEORGIA

    •
    Ambassador Extraordinary and Plenipotentiary of the USA to Georgia John Taft declared that America was against the long-term strategic cooperation between Georgia and Iran on gas supplies. The diplomat declared in the interview published in Tbilisi newspaper: Kviris palitra: on Monday that the declaration of the Deputy Secretary of US Mathew Brice that Washington would not be against Iranian gas supplies to Georgia to overcome crisis was interpreted wrongly.

    MEP


  • INVESTMETNS INTO KAZAKHSTAN CASPIAN SYSTEM COMPRISE 1.6 BILLION USD

    •
    It is planned to create the Kazakhstan Caspian Transportation System to transport Kazakhstan oil via the Aktau-Baku-Tbilisi-Ceyhan pipeline by 2010. As vice President of “KazMunayGaz” JSC and Director of the Representation to the West region Makhambet Batirbayev declared at the First Caspian Investment Forum the cost of the project was about 1 .6 billion USD.


    TRANSPORTATION


  • Baku-Novorossiysk




    • ECONOMY


  • ALEXANDER LUKASHENKO CALLS UPON THE GOVERNMENT TO REDIRECT BELARUSIAN EXPORT

    •
    President of Belarus Alexander Lukashenko called upon the government and businessmen of the country to build up their own export policy towards Venezuela, Iran and Azerbaijan.

  • STATE COMMISSION FORMED TO SETTLE PROBLEMS OF AZERBAIJAN’S CITIZENS ENGAGED IN TRADING IN RUSSIA

    •
    The President of Azerbaijan signed the Decree “On solution of problems to be faced by Azerbaijan’s citizens involved in trade in the Russian Federation” due to the newly approved normative acts and probable problems to be envisaged by the citizens of Azerbaijan involved in trade in Russia.

    SOCAR


  • Upgrade


  • Restructuring




    • CONSORTIA


  • Kursangi-Garabagli

    •


    COMPANIES


    WORLD MARKET


  • OPEC: $50-60 - REASONABLE OIL PRICE


    • Oil price at 50-60 USD per barrel is reasonable for the Organization of Petroleum Exporting Countries and does no harm to the economical growth. Head of OPEC’s Research Department Hasan Kabazard said in the interview to the Kuwait News Agency KUNA.