Turkey and Azerbaijan to agree on Transanatolian gas pipeline by July

17 May 2012, 11:49

By the end of June Ankara will conclude an agreement with Azerbaijan to set up Transanatolian pipeline to transport gas from the Caspian state's giant Shah Deniz field, Turkey's energy minister Taner...

ENERGY NEWS

Iran reveals details of a newfound oil field in Caspian Sea

17 May 2012, 11:03

The details of a newly discovered big oil field in Caspian Sea have been announced, Mehr news agency reports. The announcement was made by Oil Minister Rostam Qasemi as he visited the Amir Kabir semi-submersible...

ECONOMY & BUSİNESS NEWS

Georgia's foreign trade turnover reaches $3124 million

17 May 2012, 09:30

Georgia's foreign trade turnover has reached $3124 million in January-April 2012, the Georgian State Statistics Office told Trend on Wednesday. According to preliminary data, it is 18 percent more compared to the same...

TELECOMMUNİCATİONS

Iran to launch Fajr satellite to space during May

13 May 2012, 15:38

Iranian Defense Minister Ahmad Vahidi said Iran will launch Fajr (Dawn) satellite to the space in Iranian Khordad month beginning on May 21, Mehr News Agency reported. Fajr satellite will be placed in elliptical orbit...

EXHİBİTİONS

Minister: Exhibition Worldfood Azerbaijan plays important role in ensuring food security in region

15 May 2012, 14:56

Holding the Azerbaijan International Food Industry Exhibition Worldfood Azerbaijan 2012 has a positive impact on the development of domestic agricultural production and thereby of increasing the country's export...