Today on the 28th of September, 2016, Vice Prime Minister of Georgia Mr. Dimitri Kumsishvili, Minister of Energy of Georgia Mr. Ilia Eloshvili, together with the President of SOCAR Mr. Rovnag Abdullayev, opened two new sections of Kulevi Oil Terminal - Tank Park №5 and №6. The representatives of the central and local governments of Azerbaijan and Georgia, the press, mass-media, and other representatives of Black Sea Terminal also participated in the event.
The tank park №5 consists of six reservoirs with a total capacity of 60, 000 m3. The construction of this facility which is for ...
Today on September 26, 2016, on the third referendum throughout its independent history, the citizens of the Republic of Azerbaijan vote for country’s progress and future. On their own decision, people have to make significant changes to the constitution of country; therefore for citizens of Azerbaijan republic it is of high importance to be present at their voting districts. The citizens of Azerbaijan living abroad have an opportunity to express their opinions as well.
22 years have passed since signing of the Contract of the Century that set in motion the process of exploring and exploiting the Azeri-Chirag-Guneshli oil and gas water reserves. This landmark agreement played a significant role in the rapid development of the oil and gas sphere of Azerbaijan, and is fairly considered to represent the solid foundation of the growth of Azerbaijan’s energy strategy. Within the terms of the contract, two export pipelines (Baku-Supsa and Baku-Tbilisi-Ceyhan) were established. In addition, the Baku-Novorossiysk pipeline was also modernized. The contract has opened new opportunities to the Azerbaijan Republic.