Archive for the 'Azerbaijan' Category
Karabakh as Part of Azerbaijan Impossible, Says Gorbachev
MOSCOW (Combined Sources)’”’Today, it is impossible to see Karabakh as part of Azerbaijan,’ said former Soviet leader Mikhail Gorbachev over the weekend in an interview with the Russian service of RFE/RL on the occasion of the anniversary …
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Russia, Azerbaijan/Armenia: All roads lead to the Caucasus
Georgia is eager for another war, but there are other fires there which refuse to die — Russia’s battles with terrorism and separatists and Azerbaijan’s bleeding wound in ethnic Armenian Nagorno Karabakh, notes Eric Walberg The Russian …
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A Reset in the Caucasus
Of the several flashpoints in the region, including that between Georgia and Russia over South Ossetia and Abkhazia, the tension between Armenians and Azerbaijan over Nagorno-Karabakh is among the most challenging. As to Georgia and Russia, the …
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UPDATE 1-Azeri SOCAR to explore Caspian gas field with RWE
BAKU, March 9 (Reuters) – Azeri state energy firm SOCAR and German utility RWE ( RWEG.DE ) intend to sign a memorandum of understanding on Wednesday to explore the Nakhichevan gas and oil deposit in the Caspian Sea, a SOCAR official said. Commercial …
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ACG partnership signs $6B development agreement for Azeri-Chirag …
An important new step was taken on March 9 to further develop the giant Azeri-Chirag-Gunashli oil field in Azerbaijan when Statoil and the ACG partnership signed a US $6 billion investment agreement to develop the Chirag Oil Project. The Chirag Oil …
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BP-led group gets go-ahead for $6B oil project in Azerbaijan
An international consortium led by British oil giant BP has given the go-ahead for a $6.0-billion (4.4-billion-euro) investment in developing a major oil field in Azerbaijan, BP said Tuesday. The new Chirag Oil Project will allow for the recovery of …
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Gazprom Doubles Gas Imports From Azerbaijan From March 5
MOSCOW -(Dow Jones)- Russian gas company OAO Gazprom (GAZP.RS) has doubled its gas imports from Azerbaijan to 5 million cubic meters a day as of March 5, the company said Tuesday. Earlier this year, Gazprom agreed to buy 1 billion cubic meters from …
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Karabakh conflict: ’slumbering’ rather than ‘frozen’
/PanARMENIAN.Net/ Conflict between Nagorno Karabakh and Azerbaijan can’t be characterized as ‘frozen’. There are no frozen conflicts in Caucasus, so Karabakh issue is rather a ’slumbering’ one, British journalist Thomas de Vaal said. As the …
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UPDATE 1-Azerbaijan launches $6 bln oil project to prolong ACG
BAKU, March 9 (Reuters) – Azerbaijan on Tuesday launched a $6 billion project to explore for oil in the western part of the Chirag field, a development that could extend the life of the country’s BP-led ( BP.L ) Azeri-Chirag-Guneshli (ACG) deposit …
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Statoil and Partners Reach Agreement on Chirag Oil Project Development
An important new step was taken on 9 March to further develop the giant Azeri-Chirag-Gunashli oil field in Azerbaijan when Statoil and the ACG partnership signed a USD 6 billion investment agreement to develop the Chirag Oil Project. ‘This …
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