Showing posts with label Nagorno Karabakh. Show all posts
Showing posts with label Nagorno Karabakh. Show all posts

Wednesday, August 14, 2013

Russia, Azerbaijan Agree on Oil, Gas JV as Putin Visits Baku.

MOSCOW, August 13 (RIA Novosti) – The Russian and Azerbaijani state oil companies on Tuesday agreed to establish a joint venture on a parity basis to prospect and produce oil and gas in Russia and Azerbaijan and in other countries as Russian President Vladimir Putin paid a one-day working visit to Baku.
Energy Cooperation During Putin’s visit – designed to discuss a wide range of bilateral issues, including trade, energy, transportation and the Nagorno-Karabakh conflict – Rosneft reported that it had also agreed with the State Oil Company of Azerbaijan Republic (SOCAR) to jointly use some pipelines and terminals to optimize supplies to consumers.

EL News