The suspension of supplies of Russian oil to the Lukoil refinery in Burgas from March 2024 does not mean the company's losing the opportunity to supply this refinery with raw materials, a source familiar with the matter told Trend.
The expansion of the Southern Gas Corridor, which supplies gas from the Caspian Sea region to Europe, was among the topics discussed at the Black Sea Security Conference organized by Caspian Policy Center, Trend reports.
The Trans-Caspian International Transport Route (TITR, or Middle Corridor) is a green route, Kazakh National Economy Minister Alibek Kuantyrov said during the panel session "A New Dawn for Eurasia" at the World Economic Forum in Davos, Trend reports.
Vice Minister of Transport of Kazakhstan Satzhan Ablaliyev and Secretary General of the Permanent Secretariat of the Intergovernmental Commission TRACECA Aset Asavbayev have discussed the development of ferry services on the Caspian and Black Seas, Trend reports.
The parties also exchanged views on transportation issues in the field of road transport, including the problem of traffic congestion at the Sarpi and Red Bridge (Georgia) checkpoints.
Kazakhstan is working to develop its section of the Trans-Caspian International Transport Route (TITR, or Middle Corridor), Trend reports.
According to official figures, 2.5 million tons of goods were transshipped through the seaports of Aktau and Kuryk along the TITR route in 11 months of 2023, a 107 percent increase over the previous year.
In 2023, Kazakh oil was carried along the Middle Corridor for the first time.
The only country that can ensure the renewal of the agreement on the Black Sea Grain Corridor is Turkey.
Turkish Foreign Minister Hakan Fidan said this during his speech at the 14th Conference of Ambassadors, Trend reported on Monday, citing TurkicWorld.
He said that contacts with all countries will continue in connection with the restoration of the grain corridor, which is essential for the world during the ongoing war between Russia and Ukraine.
Bulgaria is interested in the Green Corridor Project, which involves the transportation of green energy from the Caspian Sea (Azerbaijan) through the Black Sea (Georgia) to Europe, the Ministry of Energy of Azerbaijan told Trend.
Implementation of the project covering transfer of green energy from Azerbaijan to Romania and Hungary through Georgia and the Black Sea continues, Azerbaijan’s Energy Minister Parviz Shahbazov said, Trend reports via the ministry.
Shahbazov made the remark within the Berlin Energy Transition Dialogue conference during a roundtable dedicated to perspectives for a future energy partnership.
bp has resumed oil transportation through the Baku-Supsa pipeline, said Gary Jones, bp Regional President to Azerbaijan, Georgia, and Türkiye during a briefing dedicated to bp's plans for the future, Trend reports.
According to him, two tankers with oil have already been delivered to the Georgian Supsa port.
"Depending on weather conditions, oil via Baku-Supsa will be transported to world markets," he added.
TRACECA will conduct a study tour on the possibility of increasing trade on the route "Central Asia - European Union" through the ports of the Caspian and Black Seas, the TRACECA administration announced on Thursday - May 12, 2022.
According to a source from TRACECA, the trip will last from 16 to 24 May 2022.
