Caspian Sea

Baku hosts first meeting of Caspian working group

The first meeting of the High Level Working Group on the Implementation of the Convention on the Legal Status of the Caspian Sea with the participation of representatives of the Caspian states has opened in Baku today. A number of …

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How Azerbaijan has avoided the resource curse

If you are a fund manager based in one of the EU member states you should open your eyes to investment opportunities in Azerbaijan. The energy-rich former Soviet republic on the southwest shore of the Caspian Sea is diversifying its economy. …

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SOCAR to return to offshore fields today

Suspension of production at offshore oil and gas fields due to the strong wind in Azerbaijan will not have a big impact on the average annual indicators, the SOCAR press service said. The company said that the oil workers will return to …

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Iran plans naval drills with Russia in Caspian Sea

Iran and Russia are preparing to hold joint naval exercises in the Caspian Sea, including rescue and anti-piracy drills, the commander of the Iranian navy was quoted on Sunday as saying, Reuters reports. “Tactical, rescue and …

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First cargo via Lapis Lazuli route arrives in Baku

The first transit cargo arrived at the Baku International Sea Trade Port via the Lapis Lazuli international route. Speaking at the ceremony dedicated to the arrival of the first cargo to Azerbaijan via this route, Ambassador of …

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