Caspian Energy Investor ¹ 44 (233)     24 December 2006


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ACCENT


  • AZERBAIJAN REFUSES TO PURCHASE GAS AT THE PRICE OF 235 USD PER 1,000 CUBIC METRES


    • BELARUS READY TO BLOCK ACCESS FOR GAZPROM TO EXPORT PIPELINE

    The last decade of December was marked by “gas” redistribution on the post-soviet space like it was in the prior years. The sudden death of President of Turkmenistan Saparmurat Niyazov added vagueness to this problem. Russia, Azerbaijan, Georgia and Belarus have become the key participants of the “gas” process this year.

    EXCLUSIVE


  • TURKEY HAS TURNED INTO THE INVESTMENT HUB FOR BALKANS, CAUCASUS AND CENTRAL ASIA - ALI JOSHGUN

    •
    “The industry in Turkey is like a locomotive followed by the service sector. 4 years ago our export amounted to 32 billion USD, whereas this year it exceeded 85 billion USD. 92% of export accounts for industry”, Ali Joshgun, the Minister of Industry & Trade of Turkey said in the exclusive interview to Caspian Energy Investor.

  • NOBODY IN USA MAKES ATTEMPTS TO ATTRACT FINANCING UNDER THE KARS-AKHALKALAKI-TBILISI-BAKU TRANSPORT CORRIDOR -TURAN MORALY


    • “Turkey is ready to refuse from some volumes of Shah Deniz gas in 2007. The political will was shown in this regard, whereas concerned structures deal with gas distribution mechanisms. Upon completion of 2007 and posterior years we are not going to refuse from our share within the framework of the Shah Deniz purchase and sale gas agreement. New conditions will be coordinated during posterior stages”, Extraordinary and Plenipotentiary Ambassador of Turkey to Azerbaijan Turan Moraly said in the exclusive interview to Caspian Energy Investor.

    CASPIAN REGION


  • Kazakhstan


  • KAZAKHSTAN AND CHINA DEVELOP ENERGY COOPERATION


    • TURKMEN GAS TO REACH CHINA

    China and Kazakhstan have reached understanding to construct the second turn of the oil pipeline linking the Caspian Sea and Western China. “Longed-for plans have become a reality: the Caspian coast, the shelf of the Caspian Sea will be directly linked with Western China though the territory of Kazakhstan”, President of Kazakhstan Nursultan Nazarbayev told last week in Peking.

  • Kazakhstan-Georgia


  • Russia-Iran


  • Iran


    • CASPIAN ECOLOGY



    TRANSPORTATION


  • Baku-Supsa-Odessa-Europe


  • CPC

    •

  • Baku-Novorossiysk


  • Burgas- Alexandroupolis


  • Kars-Akhalkalaki




    • ECONOMY


  • PRESIDENT OF AZERBAIJAN SIGNS THE DECREE ABOUT ENFORCEMENT OF THE LAW ABOUT 2007 STATE BUDGET

    •
    President of Azerbaijan Ilham Aliyev has signed the Decree about enforcement of the law “On 2007 state budget of the Republic of Azerbaijan”.

  • MINIMUM WAGE AND BASIC RETIREMENT PENSION IN AZERBAIJAN BROUGHT TO 40 AZN

    •
    President of Azerbaijan Ilham Aliyev has signed a number of new Decrees and Enactments. In particular, President of Azerbaijan Ilham Aliyev signed the Decree “On enhanced minimum wage” and “On enhanced basic retirement pension” to improve the welfare of citizens in the Republic of Azerbaijan, to raise their cash income and enhance social protection of low-income population.

  • CABINET OF MINISTERS ENACTS A LAW ABOUT HOLIDAYS IN 2007

    •
    In line with Article 105 of the Labour Code the Cabinet of Ministers of the Republic of Azerbaijan enacted the law about holidays regarded as days off in connection with such holidays as Novruz, Ramadan and Gourban and day off sin 2007.

    SOCAR


  • Construction


  • Tenders

    •


    CONSORTIA


  • Shah-Deniz

    •


    COMPANIES


    WORLD MARKET


  • RECEIPTS OF NEAR EASTERN OIL EXPORTERS GREW 3.3 TIMES


    • High oil prices in 2006 have enhanced export receipts of the Near Eastern countries to 840 billion USD. Thus, according to the economists of Morgan Stanley, the receipts of this oil region grew 3.3 times compared to 2002.