Nabucco shareholders to discuss project implementation in Vienna

Nabucco shareholders to discuss project implementation in Vienna Shareholders of Nabucco gas pipeline project will discuss project implementation issues at a meeting in Vienna on Tuesday. “We confirm that there is a regular shareholders meeting of the Nabucco shareholders in Vienna today. Shareholders meetings take place on a monthly basis and we discuss the project related topics,” Reinhard Mitschek, Managing Director, Nabucco Gas Pipeline International wrote Trend... Read More

Visa Facilitation Negotiations between EU and Azerbaijan Started

Visa Facilitation Negotiations  between EU and Azerbaijan Started Azerbaijan and the EU begin negotiations on agreements on visa facilitation and readmission in Baku on March, 01, 2012. Azeri chief negotiator deputy foreign minister Mahmud Mammadguliyev appreciated that the beginning of this process is an important step in cooperation with the EU. The negotiations are aimed at simplifying the transit of Azerbaijan and EU citizens, the fight against illegal immigration and joint... Read More

New Trans-Caspian Project?

New Trans-Caspian Project? Azerbaijan, Turkmenistan and the European Union are drafting two documents that will allow to deliver Caspian and in particular Turkmen gas to Europe, Azerbaijani Energy Minister Natig Aliyev said on Wednesday. According to him, the two resource-rich Caspian littoral states and the EU are expected to complete the preparation of a political document to support the Southern Gas Corridor of pipelines, as well as an inter-governmental agreement on trans-Caspian... Read More

CESD Oil Strategy Receives Official Support

CESD Oil Strategy Receives Official Support Government of Azerbaijan started balancing oil outputs over years Azerbaijan must keep oil output at the current level, Minister of Industry and Energy Natig Aliyev said at the CEIBS meeting. To him, Azerbaijan should not increase oil production in the upcoming period: “The country has reached the goal on development of oil industry, which was set in 1994. Increase of output may have some sedition. For example, in such case, currency... Read More