Tag Archives: Caspian Sea States

Iran’s trade with Caspian Sea littoral states stood at 5.54 million tons worth $3.03 billion. According to the Islamic Republic of Iran Customs Administration, Iran’s trade (excluding crude oil exports) with Caspian Sea littoral states stood at 5.54 million tons worth $3.03 billion during the first 10 months of the …

Iran’s envoy to Russia denies reports suggesting Moscow controls rights for drilling gas in Caspian Sea. A Tuesday statement by Khazar Exploration and Production Company (KEPCO), the Iranian firm which controls petroleum operations in the Caspian Sea, also denied the claims by Dadras, saying they were utterly baseless and constituted …

Elshad Nassirov, vice president of Azeri state energy company SOCAR, said on a conference call some of the energy infrastructure involved in shipping Caspian oil and gas to world markets is located in the vicinity of the current military operations. Fifteen servicemen from Azerbaijan and Armenia and one Azeri civilian …

Lukoil said on Monday that it started drilling an exploration well at the Shirotno-Rakushechnaya prospect located north of the V.I. Grayfer field. The well, with the target depth of 1,650 meters, was drilled from the Astra jack-up drilling rig. The rig is designed for shallow waters and the sea at …

Azerbaijan'.s embassy in Tehran announced on Saturday that the country'.s borders with Iran are temporarily closed for two weeks. as of February 29. due to the outbreak of the novel coronavirus.

The top authorities in the two countries are determined to strengthen and enhance relations in all fields.

Currently. Azerbaijan is the only source of gas for SGC.

The third meeting of the Iran-Azerbaijan joint commission was agreed to be held in Baku next year.

The project is currently in its construction phase. which started in 2016.

The total cost for the entire Southern gas corridor is close to $40 billion.