Latest Developments in Georgia not to Impede Plans of Construction of Nabucco Gas Pipeline: Ambassador

Latest Developments in   Georgia not to Impede Plans of Construction of Nabucco Gas Pipeline: Ambassador

Kazakhstan, Astana, 10 September/ Trend , corr E. Khankishiyeva/ Interview of Latif Qandilov, Ambassador Plenipotentiary and Extraordinary of Azerbaijan to Kazakhstan with Trend .

Question: What impact did the latest developments in Georgia have on the energy market of Kazakhstan?

Answer: Kazakhstan did not lose anything from the suspension of oil transportation as a result of Georgian-Ossetian conflict, on the contrary, recent developments stabilized situation in domestic market. After recent developments in Georgia, Kazakhstan directed its oil and oil products to its domestic market for security reasons. The second reason for this was the time for harvest of grain all over Kazakhstan. At that time agriculture needed complete harvest of grain and the oil that was to be sent to Batumi was consumed in the domestic market.

The prices of oil products in Kazakhstan are regulated by the market, hence different oil and oil product prices different in provinces of the country. In August, the high point in the grain harvest in Kazakhstan caused price rise in oil products by every day. Supply of Kazakh oil to domestic market relaxed domestic tension and stabilized situation of prices of oil products.

Soon Kazakhstan will resume supply of oil and oil products to Georgia ( Batumi) and Romania.

Question: Will the developments in Georgia affect plans on construction of gas pipeline in Nabucco?

Answer: The developments in Georgia will not hinder plans on the construction of Nabucco gas pipeline at all. On the contrary, importance of direction of trans European gas pipeline network to south will grow under conditions of globalization. Construction of Nabucco gas pipeline is a matter of time, but not that of competition on the choice of routes of gas transport to Europe. The shortest way possible from Central Asia to Europe lies through Azerbaijan. It is certain that Azerbaijan and other countries involved in Nabucco project are able to provide security of this pipeline. On the other hand, presence of well-known companies in the region such as BP, Chevron and Agip will contribute to the solution of current disputable situations.

Question: Is Kazakhstan expected to invest in economy, especially, energy sector of Azerbaijan?

Answer: Azerbaijan is always open for investments from fraternal Kazakhstan. There are a lot of spheres to invest in. The construction of joint grain terminal in the city of Baku through the Azerbaijani and Kazakh investments is a striking example to it. At present, Azerbaijan invests in the economy of other countries. Domestic investments surpass foreign investments. There were times when Azerbaijan outperformed all countries, even east European countries in attracting investments. Today Azerbaijan is an investor himself and consolidates its positions all world investment market.

Question: What steps did Kazakhstan take to prevent inflation that swept world economy?

Answer: There is imported inflation both in Kazakhstan and Azerbaijan since Kazakhstan imports majority of goods from Europe. However, rise in the prices was under control. The government slowed down inflation by efficient measures. So, timely stabilization funds were set up in 14 provinces of the country where foodstuffs were laid in a stock. Ban on export of grain-crops led to the drop in inflation in Kazakhstan as well.

Question: What notable events took place in Azerbaijani-Kazakh cooperation since the beginning of 2008?

Answer: The key event in the strengthening of bilateral cooperation between Azerbaijan and Kazakhstan was the visit of Azerbaijani President Ilham Aliyev to Kazakhstan to take part in the ceremonial events on occasion of 10th anniversary of Astana. The second important event is the fifth meeting of Azerbaijani-Kazakh inter-governmental commission held in April. Holding fifth meeting of inter-governmental commission is an indicator of successful work of the Azerbaijani embassy in Kazakhstan. So, from 1992 to 2004 only one meeting of inter-governmental commission was held while it reached five from 2005. The third big event in the Azerbaijan-Kazakh events was the visit by Kasim Jomart Tokayev, chairman of Senate of parliament to Baku on the occasion of 90th anniversary of the Azerbaijani parliament. Finally, President of Kazakhstan Nursultan Nazarbayev is expected to visit Azerbaijan this year.

Question: Why is it important to open Consulate General of Azerbaijan in Aktau?

Answer: The need to open Consulate General of Azerbaijan in Aktau emerged for several reasons. Alongside such factors as vast territory and settlement of Azerbaijanis in different parts of Kazakhstan, opening of Consulate General is important to solve economic and ecological problems of Caspian and shipping-related issues soon.

The economic benefit from this step will be more. The turnover of goods between the two countries may be increased. So, lands in the western part of Kazakhstan are not fit for cultivation which can speed up export of agricultural products, especially that of fruit and vegetable. In their turn, western provinces of Kazakhstan (Atirau, Mangistau, Uralsk) are rich in minerals and Azerbaijan can take advantage of it.

There is developed sea and railway transport system which transports Kazakh oil and oil products. Aktau is considered oil capital of Kazakhstan. There are prospects of cooperation in the sphere of stabile supply of oil sector of Aktau with facilities from Azerbaijan and sending Azerbaijani oil specialist to this city.

The correspondent can be contacted at: с[email protected]

Azerbaijan confirms 1,229 more COVID-19 recoveries
Azerbaijan confirms 1,229 more COVID-19 recoveries
Azerbaijan prepares projects to restore road infrastructure in liberated territories
Azerbaijan prepares projects to restore road infrastructure in liberated territories
Azerbaijani refugees from Kalbajar visit Martyrs Alley (PHOTO)
Azerbaijani refugees from Kalbajar visit Martyrs Alley (PHOTO)
Loading Bars
Latest
South Korea, China top diplomats vow to work on North Korea, COVID-19
Turkey mulls new support measures for businesses hit by COVID-19
Tehran-Najaf flights resumed
Kazakhstan detects 820 new coronavirus cases in 24 hrs
Incumbent MP Sopio Kiladze elected member of UN Committee on the Rights of the Child
Canada police supervisor denies effort to deceive Huawei CFO about indictment
Georgia E-Space to create synergy of solar power plant and electric car charging infrastructure
Amazon workers in Germany to go on strike on 'Black Friday'
Kazakhstan's KazMunayGas forecasts annual oil output decrease
More migrants relocated from Malta to EU countries
U.S. grants ByteDance new seven-day extension of TikTok sale order
82 bandits killed in Nigerian airstrikes
China, Kyrgyzstan to boost pragmatic cooperation
AzerGold CJSC talks plans for extraction of precious metals
Kazakhstan’s Almaty Power Stations JSC opens tender to buy compressors
Volume of funds allocated to fixed capital increases in Azerbaijan’s Nakhchivan
Retail trade turnover of Azerbaijan’s Nakhchivan Autonomous Republic drops
Azerbaijani MoD unveils footage depicting advancement of Azerbaijani armyuits to liberated Kalbajar region (VIDEO/PHOTO)
Resolution of France's Senate nothing more than piece of paper for Azerbaijan - top official
Resolution adopted by France's Senate has no legal force - MFA
IKEA investment arm in talks to buy city-centre retail property in big European cities
Kazinform and IRNA news agencies hold joint online conference
China increases import of Turkish cars
Iran to compensate for Ukraine plane crash according to int'l norms
Oil tanker hit by blast at Saudi terminal, Saudi Arabia confirms
National Bank of Georgia sells funds at foreign exchange auction to stabilize lari
First Turkish Trade House to open in Azerbaijan
Azerbaijani president signs law renaming Tsakuri village in Khojavend district
Azerbaijani president signs law renaming Gushchubaba village of Khojaly district into Baharli village
Azerbaijan to monitor fields in Kalbajar - Head of National Geological Exploration Service (Exclusive)
EU allocates macro-financial assistance to Georgia to tackle COVID-19
Turkmen FM gives speech at 13th Central Asia-Korea Cooperation Forum
Turkmenistan advocates cooperation in resolving regional and global environmental problems
Azerbaijan confirms 1,229 more COVID-19 recoveries
Iranian Energy Exchange announces products to be on sale November 28
Austria provides Uzbekistan with railway equipment
U.S. weekly jobless claims increase again
Produce in Georgia agency selects business ideas for micro and small entrepreneurship grant program
Kazakhstan eyes to fully put up produced LPG on electronic trading platforms in 2021
Uzbekistan’s food production to grow by end of 2020
Fergana region becomes main textile producer in Uzbekistan
More countries allow import of Uzbek-grown products
Volume of lending in Azerbaijan’s Nakhchivan in annual circulation greatly increases
Lari depreciation among possible reasons for fuel price increase in Georgia
Azerbaijan prepares projects to restore road infrastructure in liberated territories
Production of Iran’s Sefid Dasht Steel Company increases
Kazakhstan's Kuryk port boosts cargo handling, launches direct link to Iran
Turkmenistan has sufficient reserves to mitigate effects of pandemic - IMF
Volume of cargo transportation of Azerbaijan’s Nakhchivan Autonomous Republic drops
Kazakhstan to localize production of German agricultural machinery's popular models
Iran’s Bahar Azadi gold coin price continues to fall
Georgian-produced ski equipment to be exported to Europe
Kazakhstan decreases exports to Italy year-on-year
Volume of goods released from Iran’s customs checkpoints announced
Turkmengas opens tender for purchase of instrumentation
Investments in Iran’s Kerman Province increase
Azerbaijani refugees from Kalbajar visit Martyrs Alley (PHOTO)
FM talks on possible Azerbaijan-Armenia peace treaty to French Le Point
Azerbaijan shows new footage of Azerbaijani army units entering Kalbajar (PHOTO/VIDEO)
Armenia must answer for war crimes - Azerbaijani FM
Iran’s South Pars Gas Company opens tender to buy equipment
Uzbekistan eyes to maintain macroeconomic stability in 2021
Volume of loans issued by commercial banks down in Georgia
Cable TV operators ready for full deployment in liberated Azerbaijani territories
Activities of private sector in Iran can put end to economic problems - analyst
Georgia increases export of precious metal ores and concentrates
During Karabakh hostilities, Turkey responded to political pressure exerted on Azerbaijan - ambassador
Oil shrugs off U.S. inventory gain helped by vaccine hopes
Total volume of non-bank deposits in Georgian banking sector down
Return of Kalbajar region to Azerbaijan has not only important political but also economic significance - Georgian expert
Number of bank accounts registered in Nakhchivan over 10M2020 unveiled
Azerbaijan's gold company reveals profits
Two facilities in Iran’s oil sector to be put into operation
Baku residents hold rally celebrating Kalbajar's liberation (PHOTOS)
Georgia reveals data on persimmons and caraway seeds exports
Turkmenistan’s growth model relies on large-scale public investments - IMF
Four dead as migrant boat capsizes off Canary Islands, more missing
Kazakhstan’s joining UPOV could help improve lives, provide for economic dev't
SOCAR reveals volume of transshipment through Kulevi terminal
First VP Mehriban Aliyeva congratulates Azerbaijani people on liberation of Kalbajar (PHOTO)
Cargo handling at Kazakhstan's Aktau seaport decreases over 10M2020
Foreign trade turnover of Azerbaijan’s Nakhchivan Autonomous Republic increases
Iran reveals its COVID-19 data for November 25
Life insurance in Azerbaijan occupies about half of all insurance fees - association
SOCAR and LUKOIL eye expanding co-op
Baku Stock Exchange hosts auction for CBA's short-term notes
Concerns of some OSCE MG co-chairing countries don't matter - Erdogan
Kazakhstan boosts passenger cars manufacturing within 10M2020
Turkmen IT company to create first online platform of Union of Industrialists, Entrepreneurs
Azerbaijan to export medical masks to Russia and Germany
UNESCO to take part in protection of cultural, religious heritage in Karabakh
Iran says ready to return to Jan 20, 2017
Iran talks banking obstacles
Azerbaijan disclose data on investments in local renewable energy projects
Iran prevented release of German home appliances from customs
Kazakhstan’s oil producing company opens tender to buy spare equipment parts
Turkmen company provides domestic market with products made of polyethylene
Production of agricultural products increases in Azerbaijan’s Nakhchivan Autonomous Republic
Azerbaijani soldiers created conditions for Armenian population to leave village in Aghdam - president
Iran reveals data on new enterprises in free trade zones
All news