INDIA

Azerbaijan positions one of top ten priority FDI locations in 2024

By
KAMRAN GASIMOV

Azerbaijan is heading into 2024 with a solid boost in investments, holding the seventh spot on the list of prime destinations for foreign direct investment (FDI) in the coming year, Trend reports.

According to the annual FDI Standouts Watchlist research, Azerbaijan's consistent macroeconomic indicators played a critical role in making the country one of the top alternatives for FDI on a worldwide scale.

Turkmenistan fully capable of financing Trans-Caspian gas pipeline project – ex-US ambassador

By
MARYANA AHMADOVA

If Turkmenistan does not act before the EU lines up alternate sources of gas, the Trans-Caspian Pipeline project will become unviable, Allan Mustard, co-founder and co-head of the Trans-Caspian Resources energy startup, Former US Ambassador to Turkmenistan, told Trend.

Turkmenistan to provide credit to pay for Afghanistan’s TAPI contribution

By
АМИНА НАЗАРЛИ

Turkmenistan will provide loans to Afghanistan to fund TAPI, Waliullah Shahin, chairman of the Center for Strategic Studies of the Afghan Foreign Ministry said, Orient reports.

“We have agreed with Turkmenistan to provide loans to Afghanistan to repay the costs that Afghanistan demands, and Afghanistan will repay in the future with operating costs,” he said.

Shahin also said that 7 agreements with colleagues on the TAPI gas pipeline will be signed soon.

Turkmenistan, Afghanistan Discuss Joint Projects, Including TAPI Pipeline

By
BLACKSEA-CASPIA

The Afghan and Turkmen officials on Saturday held a conference in Afghanistan’s western province of Herat to discuss the practical work on joint projects.

The participants included acting Minister of Mines and Petroleum of Afghanistan Mohammad Isa, Ambassador of Turkmenistan to Afghanistan Hoja Ovezov and other officials from the two countries, the TOLOnews television network reports.

Azerbaijan’s transit opportunities can make it alternative to Suez Canal – Iranian official

By
ELNUR BAGHISHOV

Azerbaijan's transit opportunities can make its roads an alternative to the Suez Canal, Director General of the Transit and International Affairs Department of Iran Road Maintenance and Transportation Organization (RMTO) Javad Hedayati stated.

According to the official, Azerbaijan's roads and road infrastructure are at an advanced level. Azerbaijan has invested in this direction and done great work. The Azerbaijani state has taken steps in this direction with a very clear and transparent strategy.

TAPI gas pipeline will benefit the entire region, including $ 1 billion for Afghanistan transit

Foreign Minister Shah Mahmoud Kureishi said on Thursday (August 26-th, 2021) that the implementation of the Turkmenistan-Afghanistan-Pakistan-India (TAPI) gas pipeline is beneficial for the entire region, and Afghanistan alone will receive $ 1 billion as transit fees and royalties.

Speaking to the media following a meeting with Turkmen President Gurbanguly Berdimuhamedov, the Foreign Minister said the project is expected to create 2,000 new jobs with enormous opportunities, the Pakistani “Daily Times” reported.

Construction of TAPI gas pipeline on schedule

By
Hussein Hasanov, Trend.az

At the headquarters of the Turkmenistan Oil and Gas Complex, a reporting meeting was chaired by Vice Prime Minister for the Fuel and Energy Complex (FEC) Miratgeldi Meredova, “Trend.az” reports, citing information from the “Turkmengaz” state concern.

Deputy Prime Minister Meredova has set the tasks ahead of the oil and gas industry.

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