Contents tagged with Azerbaijan

  • Kremlin: Meeting between Putin, Aliyev and Rouhani postponed

    The meeting on the highest level between the presidents of Russia, Azerbaijan and Iran – Vladimir Putin, Ilham Aliyev and Hassan Rouhani – has been postponed, Kremlin spokesperson Dmitry Peskov announced at a press conference.

    He said that the summit, which was supposed to take place this week, had been delayed “for technical reasons”. The Kremlin spokesperson did not specify a new date for the meeting.

    The summit was scheduled for August 14 in Sochi, Russia. Putin and Aliyev were scheduled …

  • Turkey ready to transport Azerbaijani gas to EU

    All of the transport infrastructure for the Southern Gas Corridor in Turkey has become operational. From 2020, the corridor will enable Azerbaijan to supply Europe with gas without going through Russia. The Azerbaijani state oil and gas company Socar announced on 1 July that the Trans-Anatolian Natural Gas Pipeline (TANAP) is completely ready to supply Europe with gas from the giant Shah Deniz 2 deposit in the Caspian Sea.

    The 1,850 km long pipeline will receive gas entering Azerbajian through …

  • Russian National Guard soldiers banned from traveling to 237 countries

    Members of the Novosibirsk Russian National Guard do not have the right to take vacations to Israel or 236 other countries, RBC Novosibirsk reports, citing a publication by the “Ombudsmen Police”.

    The Ombudsmen Police claims to be in possession of a copy of an order signed by police colonel Rovshan Kurbanov, head of the Directorate for Extra-Departmental Safety of Troops of the Russian National Guard in the Novosibirsk Province.

    The order lists the countries and regions that are considered …

  • Hungary hopes to start importing gas from Azerbaijan in 2021

    The press service of the Hungarian government, following the meeting of the Minister of Foreign Affairs and Trade of Hungary, Péter Szijjártó, and his Azerbaijani counterpart, Parviz Shahbazov, in Baku, announced that Hungary expects to start importing natural gas from Azerbaijan in 2021, writes Deutsche Welle.

    As the Hungarian minister noted, the diversification of gas supply routes is extremely important for Hungary.

    Szijjártó drew attention to the fact that "the conflict between Russia and …

  • Swedish Swedbank suspected of laundering billions of euros including from Russia

    Swedish Swedbank is suspected of systematic money laundering, which lasted for about a decade, and was associated with the Baltic branches of Danske Bank, reports Delfi news portal with reference to the Swedish broadcasting corporation (SVT).

    According to the "Uppdrag Granskning" program, the cash flow between Swedbank and the Baltic branches of Danske Bank was at least 40 billion Swedish krona (5.8 billion euros). Among them, there are transfers from companies that became known due to large …

  • Out of precaution Russia cancels sale of Bal missile systems to Azerbaijan

    The newspaper Kommersant reported that Russia will not sell the Bal-E coastal missile system to Azerbaijan because of the risks it could pose to the Russian ships in the Caspian Sea.

    Russia and Azerbaijan initiated a contract for a small batch of coastal missile systems and several dozen 3M24 missiles (the export version of the Kh-35E), but the contact has never been signed.

    The publication, referring to its own sources, explains that the reason for the failure of the agreement is due to the …

  • Azerbaijan discloses the cost of military equipment purchased from Russia

    Azerbaijan spent more than $5 billion on purchasing military equipment from Russia, said Azerbaijan's President Ilham Aliyev following the talks with his Russian counterpart Vladimir Putin.

    “The contracts implemented between Russian and Azerbaijan, or rather, military products Azerbaijan purchased from Russia exceed $5 billion,” Aliyev said.

    In addition, he noted that there is a tendency to increase purchases of military products from Russia since Azerbaijan is modernizing its Armed Forces. …

  • Azerbaijan launches alternative pipeline to Turkish Stream

    On Tuesday, Azerbaijani President Ilham Aliyev opened the Southern Gas Corridor (SGC), a project intended as an alternative to the South Stream and Turkish Stream, which will supply the EU with 10 billion cubic meters of gas.

    During the opening ceremony at the Sangachal Terminal, Aliyev turned the key, giving a symbolic beginning to the pumping of gas into the pipe, Interfax reports.

    The €40 billion EU-approved project will pump gas originating in the Shah Deniz gas field in the Caspian Sea …

  • Azerbaijan receives new batch of military equipment from Russia

    On 19 January another batch of new military equipment was delivered from Russia, as stated on the website of the Ministry of Defense of Azerbaijan.

    “A large batch of modern military equipment and ammunition delivered by sea from Russia to the port of Baku will be soon transferred to military units stationed at the front lines”, — the Ministry said.

    The Ministry stated that the deliveries of modern military equipment to Azerbaijan from the Russian Federation continue under the …

  • Iranian President Rouhani stated that payments with Russia will be made in local currency

    Russia, Iran and Azerbaijan can switch to transactions in national currency, stated the President of Iran, Hassan Rouhani, at the press conference in Tehran, TASS reported.

    As a result of the trilateral summit, the countries are also planning to create a customs corridor and comply with common customs standards. "During the Tehran summit, we talked about cooperation in the banking sector and the use of national currencies in trade between the three countries to use our national currencies both …