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Turkey-Azerbaijan trade turnover to reach $4 bln by late 2012
Turkey expects an increase in trade turnover with Azerbaijan to $4 billion by the end of this year, Turkish Economy Minister Zafer Caglayan said in Baku on Tuesday during a speech at the second meeting of economic ministers of the Council of Cooperation of Turkic-speaking states.
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India, Norway to jointly develop expertise in geothermal energy
India and Norway are collaborating on a research and development project to develop expertise to harvest geothermal energy and contribute to human resource development. The final report of this project is expected to be submitted in 2015. Inaugurating a one-day workshop on the joint project, the Wadia Institute of Himalayan Geology director AK Gupta said that geothermal energy is a clean sustainable energy source providing heat throughout the year.“As per estimates of Geological Survey of India, the country has the potential of generating 10,000 MW electricity from geothermal sources but it is estimated that the installed capacity for direct utilisation of this energy in India is only 265 MW though presently no electricity is generated from this resource.
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Kazakhstan Expands Gas Transit Pipeline Capacities and Own Exports to China
The longest section of the Turkmenistan-Uzbekistan-Kazakhstan-China transit pipeline passes through Kazakhstan’s territory: it measures 1,115 kilometers in length, of the total 1,830-kilometer Turkmenistan-China distance. Kazakhstan is adding a dedicated export pipeline for its own gas exports to China. In combination, these developments (alongside planned oil exports) confer to Kazakhstan a major role in China’s energy security calculations.
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Azerbaijan, Tajikistan able to boost trade
Azerbaijani ambassador to Tajikistan Abbasali Hasanov has met chairman of the country`s State Committee on Investments and State Property Management Davlatali Saidov.
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Turkmenistan masters Galkynysh in order to increase gas exports
President of Turkmenistan Gurbanguly Berdymuhamedov noted at a government meeting that the timely commissioning of major gas fields, including Galkynysh is provided by the strategic plans to steadily increase the supply of energy resources to world markets, the Turkmen government said on Thursday.
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Turkish businessmen ready to invest in Turkmen economy
Representatives of major Turkish business are ready to enhance cooperation with Turkmenistan, including in the sphere of investments, Turkish President Abdullah Gul said at a meeting in Istanbul with Turkmen President Gurbanguly Berdimuhammadov, who arrived in the country on a working visit, national TV channel of Turkmenistan reported on Friday.
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Kazakhstan, Belarus discuss cooperation
Kazakhstan and Belarus have discussed bilateral cooperation and reached an agreement on joint activities on the 20th anniversary of establishing diplomatic ties, the Kazakh Foreign Ministry said.
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Ukrainian parliament ratifies free trade deal with CIS (2 Mb)
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