Europe’s top banks keen on funding Nabucco
As global financial market recovers, Europe’s major commercial banks are getting more interested in financing the Nabucco gas pipeline project, which will pump Caspian and Central Asian gas to European markets. The consortium on the Nabucco gas pipeline project are holding talks with international financial institutions, including European Investment Bank and EBRD, to attract financing for construction of the 7.9-billion-euro pipeline. READ MORE
Asian Conflict Manager for Europeans
For Kazakhstan and its President N. Nazarbayev the OSCE Chairmanship in 2010 is a prestigious project. At the moment East and West take care of a great and primarily reach in resources state of Central Asia. READ MORE
The EU and natural gas: The new security agenda
Energy supply should dominate the EU's overall security objectives for the immediate future, given its dependence on Russia. READ MORE
Turkey Unleashes New Energy Strategy Plan
The Turkish energy ministry announced the strategic energy plan for 2010-2014, which seeks to accomplish several objectives: boosting supply security and Turkey’s influence in regional and global energy markets, protecting the environment, making greater use of domestic resources and restructuring the legal-institutional infrastructure of the national energy market. READ MORE
Mikhail Krutikhin: Streams in Dreams
It doesn’t look as a coincidence. On the eve of Dmitry Medvedev’s visit to Ankara a group of Turkish experts left for Baku to prepare a comprehensive agreement on supplying Azerbaijani gas to the planned Nabucco pipeline. READ MORE
Turkmenistan postpones signing agreement on gas supply to Nabucco
German RWE Energy Group, which is a participant to the European Nabucco pipeline project, stated today that signing an agreement on gas supplies from Turkmenistan was postponed, Stefan Judisch, chief executive of RWE Supply & Trading, told reporters in a conference. READ MORE
Caspian region is for Europe one with a preferential treatment - analyst
News.Az interviews Dr. Friedemann Müller, German Institute for International and Security Affairs (Germany). READ MORE
AGRI: First Ever LNG Project In The Black Sea
Azerbaijan, Georgia, and Romanian are jointly launching a liquefied natural gas (LNG) project, designated as the Azerbaijan-Georgia-Romania Interconnector (AGRI). The three governments regard their project as an element in the EU-planned Southern Corridor for Caspian gas to Europe. READ MORE
Austria And Russia Sign South Stream Pipeline Agreement
Austria has signed up to build part of Russia's South Stream gas pipeline, while keeping a hand in the competing European pipeline Nabucco. READ MORE
Azerbaijan Arranges “Zurich-2” – Operation
Turkish State Minister Ali Babacan made an intriguing declaration in Brussels: "I was one of the authors of Zurich protocols signed with Armenia and there we reached a clear agreement that the Parties will discuss within historic committees the issues over the events of 1915. And we were ready to any results of these commissions activity". By this Babajan underlined, that Azerbaijan and other states were informed in details about Armenian-Turkish negotiations in Zurich: "I’ll say more, after we agreed with Armenia in Munich to sign protocols, I went not to Ankara, but to Baku, where I specified the position of Turkey on these issues to the President Ilham Aliyev". READ MORE
