Azerbaijan Opens New Water Pipeline

By Alman Mir - Ismail

After almost four years of construction, the Oguz-Gabala-Baku water pipeline was inaugurated on December 28, 2010. Costing almost $1 billion, the pipeline is already termed by many in Azerbaijan as the “second BTC,” referring to the strategically important Baku-Tbilisi-Ceyhan pipeline built a decade ago to transport Caspian oil to global markets. READ MORE

Russia, Azerbaijan to sign deal on boosting gas supplies

Russian gas giant Gazprom and Azerbaijan's state oil and gas company will sign a deal to increase supplies of Azerbaijani gas to Russia in 2011-2012 during the Russian president's visit to Baku on Thursday, RIA Novosti reported. READ MORE