Tag Archives: Caspian Sea States

Presidents of Iran. Russia. and Azerbaijan will convene in the Russian resort city of Sochi in August to further work on ways to boost tripartite cooperation to form a strong regional bloc of trade and transit.

Iran and Azerbaijan Republic signed a memorandum of understanding (MoU) late on Thursday in the field of road transportation.

Direct flight services between Iran and Tajikistan were resumed with Iranian airliner Varesh'.s flight from the holy city of Mashhad to the Tajik capital city of Dushanbe.

SOCAR Turkey will supply 700.000 tons of jet fuel to Istanbul Airport on an annual basis.

SOCAR is represented in Turkey by its subsidiary SOCAR Turkey Energy.

Tajikistan produces around 15% of the world’s total hydroelectric power capacity.

Iranian Energy Minister Reza Ardakanian said that Tajikistan produces about 15% of hydroelectric power of the world'.s total capacity and that Iran is ready to provide transit facilities for the Tajik electricity exports.

The gas transmission capacity of the project can be increased to 24 billion cubic meters first and to 31 cubic meters with additional investments later.

BP and the government of Azerbaijan extended their agreement to continue developing the ACG fields until 2050 in a major deal in 2017.

Natural gas export is among main sources for replenishment of the Turkmenistan’s budget.