News Archive (2017-12-8)

The draft convention on the status of the Caspian Sea includes an issue of a construction of pipelines

The draft convention on legal status of the Caspian Sea includes also a question of a construction of Transcaspian pipelines. The Deputy Minister of Foreign Affairs of Azerbaijan Halaf Halafov reported about it, Trend reports. According to him, the issue of a construction of Transcaspian pipelines will be agreed with the countries through which territories those pipelines will pass.  We...

Kazakhstan plans to construct the LNG plant for further gas export through Azerbaijan

Kazakhstan considers the possibility of a construction of the plant on liquefaction of natural gas for the purpose of its subsequent transportation through the territory of Azerbaijan. The Minister of Energy of this country Kanat Bozumbayev reported about it on a briefing following the results of a meeting of the Azerbaijani-Kazakhstan bilateral intergovernmental commission on a trade...

The oil prices are stable: Brent - $62,20 for barrel, WTI - $56,66

February futures for Brent crude oil by 8:06 Moscow time on December 8 cost $62,20 for barrel, as well as on closing on Thursday. The quotations of the January contract for WTI crude oil sank for the same time for only 3 cents (0,05%) and made $56,66 for barrel. On December 7 oil rose in price...

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