Azerbaijan News

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Azerbaijan has accepted its obligations in the framework of a contract for the exploration, development and production of the maritime blocs of Shafag and Asiman in the Azerbaijani sector of the Caspian Sea signed earlier between BP and SOCAR, Trend reports.The agreement was signed last October.The contract is for 30 years. The exploration period is defined for four years and is renewable for another three years. Both companies have equal shares of 50 percent.

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The Government of Japan has thanked Azerbaijan for its support in connection with the earthquake and tsunami, Trend reports, referring to information posted on the official website of the Japanese Foreign Ministry.Azerbaijan has allocated one million dollars as assistance to Japan. The assistance has been transferred to the account of the Committee of the Red Cross in Japan.

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The economies of India and Azerbaijan are developing steadily, and the two states have potential for improving mutual trade turnover that reached $340 million in 2010, Indian Ambassador to Azerbaijan Debnath Show said on Thursday, Trend reports.

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The OSCE will monitor the Armenian-Azerbaijani contact line south-west of the Ashagy Abdulrakhmanly village of Azerbaijan’s Fizuli District on April 1, according to the mandate of the personal representative of the OSCE chairman, press-service of the Azerbaijani Defense Ministry said,

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Azerbaijan will take part in the 4th Economic Forum in Kazakhstan capital, Astana, on May 3-4, 1news.az cites Azerbaijani Ambassador to Kazakhstan Serik Primbetov as saying at a press-conference on early presidential elections in Kazakhstan.

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 Turkey supports Azerbaijan’s position over an airport to be built by Armenia in the Azerbaijani occupied region of Khankendi, as this contradicts all international conventions, Trend reports."We have always supported Baku’s position," Turkish Ambassador to Azerbaijan Hulusi Kilic told journalists on Wednesday. "We are always close to Azerbaijan in all spheres and support its right fight. This issue must be addressed in the framework of the international law."

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The SOCAR company has begun a search for oil at the sea deposit Alyat-Deniz in the Azeri sector of the Caspian Sea, Trend reports.The well №23 began at the platform Alyat-Deniz-63. The depth of the well is 4,900 meters.Drilling works are implemented by the drilling department of Bail Limany.

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The Baku authorities stated their opinion on the resolution of the Security Council of the UN on blocking the air space over Libya, defending the civilian population and stopping violence being committed by Gaddafi's forces, Trend reports.Azerbaijan approved the resolution. However, an immediate launch of a military operation against Gaddafi by an international coalition, including NATO, is doubtful.

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Turkey supports Azerbaijan’s position over an airport to be built by Armenia in the Azerbaijani occupied region of Khankendi, as this contradicts all international conventions, Trend reports."We have always supported Baku’s position," Turkish Ambassador to Azerbaijan Hulusi Kilic told journalists on Wednesday. "We are always close to Azerbaijan in all spheres and support its just fight. This issue must be addressed in the framework of international law."

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