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Economy1 April 2021

Positioned on the shores of the Caspian Sea, the aptly named towers of the Lighthouse Residence in Nardaran (Baku), Azerbaijan welcomed their first residents in March 2021. The Penetron System was used to treat all below-grade and exposed concrete structures to ensure durability and resistance to the saltwater environment.

Energy30 March 2021

Since 2015 Turkey has diversified its heavy natural gas import dependence on Russia by increasing gas imports from Iran and Azerbaijan – through the TANAP pipeline – and liquefied natural gas (LNG) imports.

Energy30 March 2021

The price of Azeri LT CIF Augusta, produced at the Azeri-Chirag-Deepwater Gunashli (ACG) field, increased by $1.75 on Mar.24 compared to the previous price, making up $63.68 per barrel, Trend reports referring to the source from the country’s oil and gas market.

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