S-400 missile systems put on combat duty in northwestern RussiaMilitary & Defense December 08, 8:47
Japanese Foreign Ministry officially announced Putin's visit on December 15-16World December 08, 7:04
Putin to meet with head of Eurasian Economic CommissionRussian Politics & Diplomacy December 08, 6:22
Russian envoy says relations with NATO started deteriorating long before Ukrainian crisisRussian Politics & Diplomacy December 08, 4:55
Contact Group agrees to settle water cuts issue in Lugansk within 7 days ― OSCE envoyWorld December 08, 2:58
Glencore expects deal on purchasing stake in Rosneft to close in mid-DecemberBusiness & Economy December 08, 2:03
Italian Prime Minister Renzi officially resignsWorld December 08, 1:27
43 ceasefire violations reported in Syria in 24 hours ― Russian Defense MinistryWorld December 08, 1:16
One reconciliation agreement signed in Syria in 24 hours ― Russian Defense MinistryWorld December 08, 0:26
In his words, “Azerbaijan’s huge gas potential cannot be limited only by the regional market.” Already seven year after the commissioning of the Baku-Tbilisi-Erzurum gas pipeline, the country delivers its gas to the regional market, he said. “Azerbaijan has got rich gas fields, which was confirmed by the development of the Shah Deniz field. Shah Deniz is one of the world’s largest gas fields. Its reserves are at least 50% of our gas potential,” the Azerbaijani president said.
Total reserves of such offshore deposits as Shah Deniz, Umid and Absheron are at least 2.5 trillion cubic metres, he said. “Azerbaijan needs large markets with the demand in our gas,” Aliyev added.
More than 400 companies from 29 countries, including Russia, are taking part in the traditional exhibition entitled, Caspian Oil and Gas, that opened in Baku on Tuesday. Alongside with separate companies Russia is represented by the national pavilion.