Nabucco submits environmental impact assessment report

Nabucco submits environmental impact assessment report Nabucco Gas Pipeline International submitted the Environmental Impact Assessment (EIA) Report to the Turkish Ministry of Environment and Urbanization. According to the statement of Nabucco Gas Pipeline International, published on its website, the EIA report for the 760 km long section between Ankara and Turkish-Bulgarian border was prepared according the format determined by the ministry in its... Read More

Natural Gas Europe referenced CESD reports

Natural Gas Europe referenced CESD reports Natural Gas Europe published new article titled as “Kremlin’s Offer to Turkmenistan: “More Political Than Economic”. The journal referenced CESD reports and states that “If anything, Baku has been saying lately that Nabucco is too ambitious and that it will develop its Shah-Deniz II fields for smaller pipelines, the Baku-based Center for Economic and Social Development said this week”. Natural... Read More

Azerbaijan Economy in 2012; expectations and challenges

Azerbaijan Economy in 2012; expectations and challenges Official forecasts for Azerbaijani economy in 2012 seem quite optimistic. According to Ministry of Economic Development reports although downturn in world economy. The Government of Azerbaijan (GoA) targets 5,7 % GDP Growth in 2012 meanwhile The Central Bank’s monetary policy is announced keeping inflation to single digits. Meanwhile, International Monetary Fund (IMF) projected at 7,1 % Azerbaijan’s... Read More