KASPIAN SEA

Azerbaijan reveals county’s gas production volume

By
KAMRAN GASIMOV

In January 2024, Azerbaijan increased gas production by 30 million cubic meters, said Minister of Energy of Azerbaijan Parviz Shahbazov on X, Trend reports.

"During this period, 2.3 billion cubic meters of gas were exported out of a total of 4.3 billion," he wrote.

In addition, the minister stressed that oil production for January amounted to 2.5 million tons, of which 2.1 million tons were sent for export.

Kazakhstan, TRACECA discuss the development of ferry services on Caspian, Black Seas

By
Madina Usmanova

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.

Fresh look at Kazakhstan’s pushes to develop Middle Corridor in 2023

By
Madina Usmanova

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.

“DeGolyer and MacNoughton” starts counting Caspian deposits according to new ckassification

By
KAMRAN GASIMOV

Within the framework of cooperation between SOCAR and "DeGolyer and MacNaughton", work on counting 27 fields according to SPE-PRMS classification in the Azerbaijani sector of the Caspian Sea has started, Trend reports.

According to the State Oil Company of Azerbaijan Republic (SOCAR), a meeting was held between SOCAR President Rovshan Najaf and Chairman and CEO of DeGolyer and MacNaughton John W. Wallace.

AzerTelecom and Kazakhtelecom established a joint venture within the Trans-Caspian Fiber Optic project

By
BLACKSEA-CASPIA

AzerTelecom and Kazakhtelecom leading telecommunication operators of Azerbaijan and Kazakhstan continue joint efforts in implementing the Trans-Caspian Fiber Optic cable line, which is one of the major components of mega Digital Silk Way project.

Azerbaijan resolute about Trans-Caspian gas project – Turkmenistan should seize exceptional opportunity

By
MARYANA AHMADOVA

Azerbaijan has consistently shown its willingness to boost gas supplies and provide assistance to Europe during times of crisis. Through President Ilham Aliyev's well-defined energy strategy, the country has established itself as a dependable and trustworthy energy partner for Europe. The EU countries are progressively reinforcing their energy alliances with Azerbaijan and actively endorsing all related initiatives.

A road map for the development of the Trans-Caspian International Transport Route (TITR) will be signed

By
SADRADDIN AGDJAEV

The Minister of Industry and Infrastructure Development of Kazakhstan, Marat Karabayev, introduced to the Minister of Transport and Digital Development of Azerbaijan, Rashad Nabiyev, the draft road map for the development of the Trans-Caspian International Transport Route (TITR), which is planned to be signed by its participants.

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