TBILISI

State Oil Company of the Azerbaijan Republic (SOCAR) has announced the start of the transit of Kazakh oil through the Baku-Tbilisi-Ceyhan (BTC) pipeline. The first shipment of Kazakh oil from the Tengiz field arrived at the Sangachal Terminal in Azerbaijan from the port of Aktau via the “President Heydar Aliyev” tanker on March 23, Trend reports citing company.

Baku - Supsa oil pipeline can resume transportation at any time.

This was stated by the vice president of "bp" for communications and external relations in the Caspian and Middle Eastern region - Bakhtiyar Aslanbeyli.

US is exploring potential ways to support bringing Turkmen gas to Azerbaijan, said the US Assistant Secretary of State for European and Eurasian Affairs Karen Donfried, Trend reports.

She made the remarks at the House Foreign Affairs Subcommittee on Europe, Energy, the Environment and Cyber on “U.S. Policy Towards the Caucasus”.

Kazakhstan and Azerbaijan are negotiating on the possibilities of transporting oil from Kazakhstan through the territory of Azerbaijan, Deputy Chairman of the Management Board of KazMunayGas JSC Dauren Karabayev said during a briefing on August 25, Trend reports via Kazakh media.

He noted that discussions with Azerbaijan are being held at various levels, including state level and national companies level.

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.

The Baku-Tbilisi-Ceyhan (BTC) oil export pipeline, operated by bp, has achieved a significant milestone by carrying 500 million tonnes of oil in total from the Sangachal terminal near Baku across Azerbaijan, Georgia and Turkey to Ceyhan, reports “bp”.

The milestone was achieved on 12 December when the 500 millionth tonne of Caspian crude flowed through the pipeline, was loaded on the 4922nd tanker named Nordorse, which was a joint SOCAR lifting, and departed for Trieste (Italy).

The Turkmen authorities agreed to participate in the “Lapis Lazuli”, which will connect Afghanistan with Turkey through Turkmenistan, Azerbaijan and Georgia.

İt is presented as an opportunity to export Afghan goods to Europe.

The agreement on transit and transport cooperation Lapis Lazuli between Afghanistan, Azerbaijan, Georgia, Turkey and Turkmenistan was signed on November 15, 2017, at the ministerial meeting of the 7th Regional Economic Cooperation Conference on Afghanistan in Ashgabat.

Azerbaijan and Turkey have reached an agreement for supply of additional 11 billion cubic meters of gas via the Baku-Tbilisi-Erzurum pipeline, said Turkey’s minister of energy and natural resources Fatih Dönmez.

Dönmez dismissed the allegations that Turkey buys gas expensively, noting BOTAS’ natural gas purchase price is in line with the current indicators in the international market and is below $1300 per 1,000 cubic meters.

The Baku-Tbilisi-Kars (BTK) railway corridor has the potential to reach the countries of the Asian-Pacific region through the ports of Russia's Far East region, Chairman of Azerbaijan Railways CJSC Javid Gurbanov said during the 30th plenary meeting of the International Coordination Council for Trans-Eurasian Transport, held online.

For centuries, Azerbaijan has been a center of transport and trade in the South Caucasus region due to its strategic geographic location. This beautiful country is in a favorable position at the crossroads of Europe and Asia, where the Eastern traditions meet Western values.