Major events in Caspian countries' oil and gas industry for last week (Nov. 25-29)

Minister: Iran in talks with western energy firms

Iranian Oil Minister Bijan Namdar Zanganeh says the Islamic Republic has begun talks with leading Western energy companies to attract them back to the country, Press TV reported.

In an interview with the Financial Times, Zanganeh said the Iranian Oil Ministry is in talks with European energy firms and "indirectly" with US groups to invite them back to Iran in case of a possible removal of US-led illegal sanctions against Iran's energy sector.

The Iranian minister further said the energy companies such as France's Total, Royal Dutch Shell, Italy's Eni and Norway's Statoil are among those he is seeking to bring back to Iran's energy sector, according to the report.

Media: Pipes at Kashagan field to be sent for examination

Pipes at Kazakhstan's Kashagan field where a gas leak was detected have been replaced and sent for examination, the official Kazakhstan media outlet reported.

"Currently preparations are being carried out for examination of the pipeline with a special robotic device. The parts where the leaks were detected have been replaced and sent for examination to find the fault," the media outlet reported.

There were artificial islands created at the Kashagan field in the Caspian Sea where wells were drilled. The islands are connected to the land-based Bolashak facility for preparation of oil and gas by pipelines.

However, gas leaks were detected in late September and early October in the land-based section of the gas pipeline two kilometres from the Bolashak plant, and oil production was suspended.

Turkmenistan signs major oil refinery contracts

A number of major oil refinery projects are being implemented in Turkmenistan by foreign companies, the Ministry of Petroleum and Mineral Resources of Turkmenistan said.

Total investment in the following sites will amount to $800 million.

In particular, a complex of a delayed coking unit (DCU) with a deasphalting unit with a capacity of 900,000 and 500,000 tons a year respectively is being constructed with the participation of the Turkish Lotus Company.

Construction of a unit for primary refining with the capacity of three million tons is being carried out by Alliance Engineering and Construction B.V. Company (Netherlands).
Wesport Trading Europe Limited (USA) has started construction of a unit for production of road bitumen with a capacity of 38,000 tons per year from refinery residues at the Seidi refinery.

According to the statement, commissioning of these units is scheduled for late 2014.
In addition, a consortium of companies LG Internation Corp and Hyundai Engineering Co. LTD (South Korea) is building a complex that includes a vacuum unit, as well as isomerization, alkylation and gasoline blending units.

Shares of Turkmenistan’s Senagat Joint-Stock Commercial Bank to be put on sale
Shares of Turkmenistan’s Senagat Joint-Stock Commercial Bank to be put on sale
Turkmenistan, Qatar interested in developing trade, economic ties
Turkmenistan, Qatar interested in developing trade, economic ties
Turkmenistan losing popularity among Turkish job seekers
Turkmenistan losing popularity among Turkish job seekers
Loading Bars
Uzbekistan, Saudi Arabia to expand co-op in tourism sector
Georgia preparing to place Eurobonds on London Stock Exchange
Georgia holds auction of thermal water company's privatization
Shares of Turkmenistan’s Senagat Joint-Stock Commercial Bank to be put on sale
Iranian energy minister talks about water, electricity facilities to be launched
Gold, silver prices rebound in Azerbaijan
Azerbaijan developing mobile platform for money transfers
Azerbaijani SOCAR names amount of recently realized investment projects
IMF expects Azerbaijan’s gas output to rise in 2021
Azerbaijan eyes expanding multimodal cargo transportation with Ukraine
UAE partners with Japan's iSpace to send rover to the moon in 2022
Activities of Iran’s Jask port expand
Iran boosts exports of agricultural products
Georgia aims to ensure sustainable development of wine industry
Turkish Energy Ministry prolongs TPAO's license for oil, gas exploration
Azerbaijani oil prices on the rise
Value of Azerbaijan's 1Q2021 imports of Turkish chemical products disclosed
Kazakhstan's revenues from transportation via pipelines down
Kazakh gas supply company to buy pipes via tender
Kazakhstan’s national postal service operator to buy construction materials via tender
Iran’s South Pars Gas Company reveals its production data
Azerbaijani MPs to leave for Russia
Kazakhstan’s Air Astana launching flights to Georgian Batumi
Iran discloses data of iron, non-alloy steel exports
Turkmenistan, Qatar interested in developing trade, economic ties
BP to conduct planned maintenance at Azeri-Chirag-Gunashli
IAI teams with Thales on missiles for British frigates
Azerbaijani currency rates for Apr.14
Foreign investments increase in Iran's industry, mine and trade sector
Indonesian e-commerce firm Bukalapak raises $234 million
Military Trophy Park in Baku to expose Armenia's unprecedented crimes - expert
Freight train derails in Turkey
Gasoline prices to rise amid expected growth in fuel demand
Hydrocarbons to supply half of world’s energy needs by 2050
Belarus expresses readiness to support Azerbaijan in restoration of liberated Karabakh (PHOTO)
Iranian currency rates for April 14
All sanctions against Iran should be lifted unconditionally, Russia says
Turkmenistan losing popularity among Turkish job seekers
India's new coronavirus infections hit record of 184,372
Azerbaijan's Xalq Sigorta insurance company talks 2020 net profits
Oil maintains upward momentum but virus concerns cap gains
Britain to withdraw nearly all its troops from Afghanistan
Turkey's COVID-19 cases hit new peak at 59,000
Tehran to resume flights to London next month: Official
Cargo transportation via railways up in Kazakhstan
France to allow Georgian citizens find legal employment in country by end of 2021
Brazil reports 3,808 single-day deaths from COVID-19
Biden invited to address U.S. Congress on April 28
South Africa suspends J&J vaccine rollout
Azerbaijan to become regional hub for Industry 4.0 development - US IDC
U.S. administers 192.3 million doses of COVID-19 vaccines: CDC
France suspends all flights with Brazil due to virus variant
UK records another 2,472 coronavirus cases, 23 deaths
Boeing reports first quarter deliveries
Biden set to withdraw U.S. troops from Afghanistan by Sept. 11
Number of COVID-2019 cases across globe up by over 567,000 in past day — WHO
Iranian nuclear deal meeting in Vienna rescheduled to April 15
Kazakhstan expects positive dynamics in oil industry
Erdogan reveals stricter COVID-19 measures in Turkey during Ramadan
Iran's annual iron ore concentrate output nears 50mn tons
Deputy Finance Minister: Georgia ranks first in Europe with economic growth rate according to IMF
Southern Gas Corridor increases liquidity in European gas markets
Uzbekistan-India trade grows to record high in 2020
Azerbaijan plans to organize personal account system for auditors
China's 2M2021 import of Azerbaijani products surges in value
Exchange of all data necessary to conduct effective demining is required - OSCE MG
Baku to host international gymnastics competitions again
German gov't approves uniform nationwide COVID-19 response measures
Russia's daily COVID-19 cases record lowest in months
Iran to start 60% enrichment tonight: Nuclear spokesman
Israel to allow vaccinated tourists in starting late May
Biden confirms invitation to Putin to take part in climate summit
Presidents of Azerbaijan, Belarus hold unofficial meeting
IMF unveils forecast on Azerbaijan's oil export for 2021-2022
Azerbaijani FM, Romanian ambassador stress high level of development of bilateral political relations (PHOTO)
Special equipment of Belarus assembled in Azerbaijan may be exported to Turkey
Azerbaijan's Foreign Ministry responds to Armenia's statement on War Trophy Park
President of Belarus pays working visit to Azerbaijan (PHOTO)
Moscow, Tehran attach great importance to North-South Corridor – Russian FM
Azerbaijani president gives weighty answer to Armenia’s disinformation campaign - Official (VIDEO)
Belarus reveals plans for oil purchases from Azerbaijan
Kazakhstan’s FlyArystan launching direct flights to Georgia
Iran's Energy Exchange announces products to be on sale on April 14
International Bank of Azerbaijan opens tender to buy printed materials
Azerbaijan's Aghdam needs to be fully rebuilt - German historian (VIDEO)
Azerbaijan's PM meets with BP's regional president
Ukraine may take part in restoration of Azerbaijan's liberated lands
Azerbaijani Finance Ministry places short-term bonds on auction
Iron ore concentrate production by major Iranian companies increases
President Ilham Aliyev: Pakistan was among countries that openly supported Azerbaijan from first days of confrontation
Iran’s Bahar Azadi gold coin price again falling
Sudan due to send first delegation to Israel next week
Liabilities of Bank Melli Iran’s Baku branch increase
Armenia obligated under int'l law to provide mine maps to Azerbaijan - Matthew Bryza
Footage from Azerbaijani Jabrayil's Sadi village (VIDEO)
Azerbaijan, Ukraine discuss full resumption of mutual flights
Oil exports via Barents Sea in Lukoil system increased
Hydrometeorology in Azerbaijan needs young experts for technologies - ministry
Azerbaijan shares latest data on mine clearance work carried out on liberated lands
Co-op between Iran, Russia to be effective in activating nuclear deal – Rouhani
All news