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Russia’s LUKOIL to explore and develop Zhenis block in Kazakhstan

NUR-SULTAN (TCA) — Russian oil company LUKOIL on April 3 said it has concluded a contract with Kazakhstan’s Ministry of Energy and national oil and gas company KazMunayGas for the exploration and development of hydrocarbons on the Zhenis block in the Kazakh sector of the Caspian Sea. Zhenis Operating LLP (a fifty-fifty joint venture between LUKOIL and KazMunayGas) will be operator of the project. Continue reading

Turkmenistan starts preparations to host First Caspian Economic Forum

ASHGABAT (TCA) — A special organizing committee has been established in Turkmenistan for the organization of the First Caspian Economic Forum in August 2019, turkmenistan.gov.tm reported. Continue reading

Implementation of Lapis Lazuli Agreement discussed in Turkmenistan

ASHGABAT (TCA) — The conference of transport ministers of the member countries of Lapis Lazuli Agreement between Turkmenistan, Azerbaijan, Georgia, Turkey, and Afghanistan was held on November 28 in the Avaza national tourist zone on Turkmenistan’s Caspian coast, the State News Agency of Turkmenistan reported. Continue reading

The perspective of trans-Caspian gas flow to Europe

BISHKEK (TCA) — With the signing of the Convention on the legal status of the Caspian Sea, Turkmenistan now has an opportunity to diversify its natural gas exports to Europe through the proposed Trans-Caspian Gas Pipeline project. We are republishing this article on the issue, written by Ilgar Gurbanov*: Continue reading

Turkmenistan, EU discuss Trans-Caspian gas pipeline project

ASHGABAT (TCA) — A governmental delegation of Turkmenistan paid a visit to Brussels last week where it had a number of meetings including with Deputy Chairman of European Energy Union Commission Maroš Šefčovič as well as a working meeting with representatives of the General Energy Department of the European Commission, the State News Agency of Turkmenistan reported. Continue reading

Trans-Caspian International Transport Route boosts container traffic

ASTANA (TCA) — Container traffic along the Trans-Caspian International Transport Route (TITR) increased by 60% in the first 9 months of 2018 compared to the same period in 2017. It was said at a meeting of the Board and the General Meeting of the Trans-Caspian International Transport Route held on October 22 in Azerbaijan’s capital Baku, the press service of Kazakhstan’s national railways company Kazakhstan Temir Zholy (KTZ) reported. Continue reading