Iran starts construction of gas pipeline to Chabahar port

News selected on topics and regions – oil and gas, business, politics, IT, the South Caucasus, the Caspian Sea region, Central Asia Ranking of the Azerbaijani banking sector Baku, Azerbaijan, Mar. 7 By Emil Ilgar – Trend: Iran has started construction of the first phase of pipeline project from Iranshahr to Chabahar port, which is close to Pakistan border, the Governor of Iranshahr Nabi Nakhsh Davoudi told IRNA Mar.7. The total length of 56-inch pipeline is 280 km, but the first phase of that with 32 km has already began, and it is expected to be completed in 6 months. Last week, Iran inaugurated Iranshahr-Zahedan gas pipeline.

Ilham Aliyev, First VP Mehriban Aliyeva taking part in march on 25th anniversary of Khojaly genocide

News selected on topics and regions – oil and gas, business, politics, IT, the South Caucasus, the Caspian Sea region, Central Asia Ranking of the Azerbaijani banking sector A march on the occasion of the 25th anniversary of the Khojaly genocide is underway in Baku. President of Azerbaijan Ilham Aliyev and First Vice-President Mehriban Aliyeva are participating at the event.

Azerbaijan to put another 60 enterprises for privatization

News selected on topics and regions – oil and gas, business, politics, IT, the South Caucasus, the Caspian Sea region, Central Asia Ranking of the Azerbaijani banking sector The State Property Issues Committee of Azerbaijan will hold the next auction on state property privatization on Jan. 24, 2017, the committee said in a message Dec. 26. Sixty state properties – 20 joint stock companies, 17 small enterprises and facilities, 17 unused non-residential areas, and 6 vehicles – will be put up for the auction. The enterprises and facilities to be put up for the auction are located in the city of Baku, as well as districts of Azerbaijan.