When on December 31 2019, Russia and Ukraine reached a tense and difficult five-year gas supply deal, in Brussels they heaved a sigh of relief, with the EU energy Commissioner Maros Sevcovic addressing the agreement as “great news for Europe’s ...
At this year’s World Economic Forum meeting in Davos, Switzerland, Azerbaijani President Ilham Aliyev told the Russian news agency RIA Novosti that transporting Russian natural gas via the Trans-Anatolian Pipeline (TANAP) is technically possible but that Azerbaijan has never received an official ...
Buoyed by ample supply, global energy markets continue to underestimate risks to output from the Middle East, despite the recent escalation in tensions between the United States and Iran. This disconnect between risk and prices was highlighted in September when Iran ...
In a December 2nd conference call, the leaders of Russia and China will officially launch a new era in relations between the two countries. The largest gas exporter and the fastest growing large market in the world will be connected by ...
On May 6, Turkish, Azerbaijani and Russian representatives met in Ankara and issued a joint memorandum on significantly transforming the Baku–Tbilisi–Kars (BTK) railway project. The Georgian leadership made clear that it was dissatisfied with the trilateral proposal, which was signed ...
A major challenge for Central Asia’s oil and natural gas industry has always been how to transport petroleum products from the landlocked region to global markets. That issue resurfaced last week (March 6) in Uzbekistan, where a delay in building ...
By Trend Norway’s Equinor sold natural gas for around $26 billion in total in 2018, an increase of 29 percent from 2017, Trend reports citing the company. As more countries prepare for the energy transition, Equinor sees strong market ...
In 2018, the trade turnover between Azerbaijan and Germany increased by 61 percent compared to 2017, Azerbaijani Deputy Economy Minister Rufat Mammadov said at the eighth meeting of the Azerbaijani-German high-level working group in Baku. The deputy minister noted that relations ...
State Department official says strategy aimed at forcing Tehran to the negotiating table BY ASHISH KUMAR SEN From left: Brian Hook, the US special representative for Iran and senior policy advisor to US Secretary of State Mike Pompeo; the United Arab ...
Islamabad seeks yet another IMF bailout BY AAFREEN AFZAL Pakistan, faced with a mounting debt in part due to a multibillion-dollar infrastructure project with China, has turned to the International Monetary Fund (IMF) for yet another bailout. The IMF, however, has ...