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Azerbaijan and Turkmenistan Seek to Expand Cooperation on Caspian Energy Production

Azerbaijan and Turkmenistan Seek to Expand Cooperation on Caspian Energy Production Publication: Eurasia Daily Monitor Volume: 18 Issue: 15 (Source: The National) A 30-year feud over an offshore oil field located between Azerbaijan and Turkmenistan in the Caspian Sea has finally come to an end. In mid-January 2021, Ashgabat and Baku agreed to the joint development of the large field, now renamed Dostlug, which means “Friendship” in both languages (Azadliq.org, January 21, 2021). The name itself and the pomp that accompanied the announcement of the signed Memorandum of Understanding (MoU) highlighted the ongoing thaw in relations between the two Caspian littoral states. For now, there has been no information available about the details of the joint development deal: no data on profit splits or other arrangements, including logistics. Nevertheless, news of the bilateral accord raised hopes in some quarters that the long-awaited Trans-Caspian natural gas pipeline (TCP), which co

Analysis: Turkmenistan, Azerbaijan Resolve A 30-Year Dispute Over Caspian Field

share Print After nearly 30 years of talks, arguments, and threats, Azerbaijan and Turkmenistan have agreed to jointly develop a disputed hydrocarbon field that lies in the Caspian Sea about midway between the two countries. Turkmen President Gurbanguly Berdymukhammedov and Azerbaijani President Ilham Aliyev announced the signing of a memorandum of understanding on the development of the Dostlug field at a videoconference meeting on January 21. While an agreement on the hydrocarbon field is a major step in the improvement of relations between the two Caspian littoral countries, it also rekindles the prospect of the construction of a trans-Caspian pipeline. The name of the field Dostlug or “Friendship” symbolizes compromise.

Doubles pair Rankireddy, Shetty crash out of Thailand Open

Doubles pair Rankireddy, Shetty crash out of Thailand Open India Today | 14-Jan-2021 08:40 Doubles pair Rankireddy, Shetty crash out of Thailand Open Thailand Open: Indian men s doubles pair of Satwiksairaj Rankireddy and Chirag Shetty lost to Indonesian duo of Mohammad Ahsan and Hendra Setiawan in the second round to crash out of the tournament. Redirecting to the full story in: 00:10 seconds Trending Videos

Chlorobenzene Market: Global Key Players, Trends, Share, Industry Size, Growth, Opportunities, Forecast To 2026

Chlorobenzene Market: Global Key Players, Trends, Share, Industry Size, Growth, Opportunities, Forecast To 2026
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