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Kazakhstan can increase uranium production to 30,000 tons by 2015
23.06.2012 09:56
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Azerbaijan, Baku, June 20 / Trend E. Kosolapova/

Kazakhstan can increase uranium production to 30,000 tons in 2-3 years, Novosti-Kazakhstan quoted deputy head of the Kazakh National Atomic Company Kazatomprom Nurlan Ryspanov as saying.

"Our resources and existing capacities allow achieving production of 30,000 tons of uranium or more per year," Ryspanov said on Wednesday while speaking at the 5th annual Central Asia Mining and Metallurgical Congress in Almaty.

Kazakhstan produced 19,450 tons of uranium or 35 percent of world production in 2011. Kazatomprom is also the world''s leading uranium producer.

Ryspanov said that the increase in uranium production can be achieved by expanding the current capacity or intensifying the leaching process depending on the market conditions.

Kazatomprom has a stable demand for its production even after the accident at Japanese nuclear power plant Fukushima.

"Nuclear power-engineering has no real alternatives, so there is no risk of significant reduction in the world demand for natural uranium," he said.

Ryspanov added that Kazakhstan''s uranium production will hit 20,000 tons in 2012.

Kazatomprom is Kazakh national operator for import and export of uranium, rare metals, nuclear fuel for power plants, special equipment and dual-purpose materials. A total of 100 percent of the company''s stock is held by Kazakh Sovereign Wealth Fund Samruk-Kazyna.

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    http://en.trend.az/article_photo/2012/09/24/Astana_symbol_240912_2.jpg
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    http://www.topnews.az/images/logo.png
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    http://www.topnews.az/images/logo.png
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    23.04.2014 15:37
    http://en.trend.az/article_photo/2013/12/30/benjamin_netanyahu_301213.jpg
    http://en.trend.az/article_photo/2013/12/30/benjamin_netanyahu_301213.jpg
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    1
  • Kazakhstan, Morocco discuss bilateral relations
    23.04.2014 15:25
    http://en.trend.az/article_photo/2013/02/22/handshake.jpg
    http://en.trend.az/article_photo/2013/02/22/handshake.jpg
    Astana, Kazakhstan, April 23

    By Daniyar Mukhtarov - Trend:

    Chairman of the Kazakh Senate (upper house of the parliament) Kassym-Jomart Tokayev met with chairman of the House of Councillors of Morocco's parliament Mohammed Cheikh Biadillah, who paid an official visit to Kazakhstan, the Kazakh Senate reported on April 22.

    "A fruitful conversation on a wide range of issues concerning Kazakh-Moroccan relations and relevant international issues was held among speakers in the Senate," according to a statement.

    Tokayev expressed confidence that the visit of the distinguished guest will give a new impetus to mutually beneficial cooperation, in which the inter-parliamentary relations play an important role. In this regard, the parties agreed to fully promote the work of the MPs' groups on cooperation in the two countries' parliaments.

    Kazakh Senate Speaker spoke about the beginning of implementing Kazakh President Nursultan Nazarbayev's strategy "Kazakhstan-2050". The country's joining 30 most developed world countries is its aim. He invited Morocco to take part in the Expo-2017 international exhibition in Astana.

    Tokayev informed Biadillah about the preparation for the fifth congress, scheduled for 2015, and discussed the opportunity of Morocco's participation at the highest political level.

    The speaker of the upper chamber of the Moroccan parliament spoke in detail about the development of modern Morocco, the situation in the Arab world and the African continent.

    Biadillah stressed Kazakhstan's significant contribution to establishing cooperation between Asia and Europe, and expressed appreciation for the stability and development in Kazakhstan.

    "President Nazarbayev and Morocco's King Muhammad VI attach great importance to internal and regional stability," he said. "Moreover, the two leaders foster a dialogue among civilizations and religions. Such a dialogue greatly contributes to safety."

    In general, Kazakhstan and Morocco have many common interests and opportunities for further development of cooperation, including alternative energy and agriculture, he added.

    Translated by NH

    Edited by CN

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    4
  • Azerbaijani deputy FM: We agreed on many principal points related to the final document to be adopted at Astrakhan Summit of heads of state of Caspian littoral countries
    23.04.2014 15:23
    http://www.topnews.az/images/logo.png
    http://www.topnews.az/images/logo.png
    "We have reached consensus on many principal points related to the final document to be adopted at the Astrakhan Summit of heads of state of the Caspian littoral countries," said Azerbaijani deputy FM Khalaf Khalafov, who attended a conference of FMs of the Caspian littoral states in Moscow.

    "The Astrakhan Summit will be preceded by meetings of the Working Group on the level of deputy foreign ministers in Tehran and Astrakhan."

    Mr. Khalafov said he strongly believed that "all the issues to be included in the Astrakhan Summit agenda will be agreed at these meetings".

    "We will also agree on the adoption of a final communiqueacute; reflecting the results of the Summit," said the deputy FM.

    Mr. Khalafov added: "We also plan to finalize our work on draft agreements on hydrometeorology and moratorium on sturgeon fishing, and a draft intergovernmental agreement on prevention and elimination of consequences of emergency situations."
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  • Nagorno-Karabakh conflict to be discussed at second Global Open Society Forum
    23.04.2014 15:22
    http://en.trend.az/article_photo/2014/04/23/global_forum_230414.jpg
    http://en.trend.az/article_photo/2014/04/23/global_forum_230414.jpg
    Baku, Azerbaijan, April 23

    By Sabina Ahmedova - Trend:

    One of the sessions of the Second Global Open Society Forum, to be held in Baku from April 28 to April 29, will focus on discussion of the ways to solve complicated conflicts, Azerbaijani State Committee for Work with Diaspora said on April 23.

    The second Global Open Society Forum will be organized by the Nizami Ganjavi International Center, the Club of Madrid, with support of the Azerbaijan State Committee for Work with Diaspora.

    During this session, the participants will share their experience and knowledge in the sphere of conflict resolution and social integration, and will discuss the basic principles that can be effective in eliminating problems in this sphere. The discussions will mainly focus on the settlement of the Nagorno-Karabakh conflict and the participants will exchange views on this issue.

    The session will be chaired by Greece's former Foreign Minister Dora Bakoyannis.

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    Translated by L.Z.

    Edited by C.N.

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  • Russia to expel first secretary of Canadian embassy in 14 days
    23.04.2014 15:13
    http://www.topnews.az/images/logo.png
    http://www.topnews.az/images/logo.png
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    "The step came in retaliation for the recent expulsion from Ottawa of an aide to the Russian military attache," the source said.

    "It is not the first time that the Russian and Canadian Foreign Ministries had "exchanged niceties". Each time, such incidents were initiated by the Canadian side.

    "The talk is about groundless visa denials to Russian diplomats. It seems that a destructive anti-Russian stance of the Canadian authorities on the events in Ukraine and Crimea is only adding fuel to fire," the Russian Foreign Ministry said.

    Despite all the differences with the Canadians, Russia is not against closing the current negative page in bilateral relations.

    "There is a field for constructive interaction in areas where the interest of the two countries objectively coincide, such as in the Arctic and in the sphere of economy. But it is natural that openly unfriendly demarches should not be left unanswered," the Russian Foreign Ministry source stressed.

    APA
    2
  • Ancelotti says no Ronaldo if any risk
    23.04.2014 15:08
    http://www.today.az/pictures/pic132958.jpg
    http://www.today.az/pictures/pic132958.jpg
    Carlo Ancelotti spoke in the press conference prior to the semifinals tie against Bayern. The Italian manager revealed that the decision whether to play Cristiano Ronaldo or not hasn't yet been taken. "He trained quite normally today, like any day. Tomorrow we will test him again and see how it goes. He will play if everyone us sure that it is safe. If there is any risk of a relapse, he won't play."

    CR7, motivated: "He's raring to go. That's normal, as the game is important for us all. He's motivated, just as all the others are."

    Left back: "Marcelo started back in training a week ago, but he hasn't played for a while. Tomorrow, Coentrao will start."

    Is not reaching the final a failure? "Failure is a very tough word. Although neither can I say that reaching the semis is a success. The main objective this season was to reach the Champions League final."

    Fans: "The atmosphere in Valencia was very good. I'm sure that tomorrow we will have great support from the stands." The Black Beast? "Bayern are not my Black Beast because thinking that doesn't fill me with confidence. My team makes me feel very confident, the players that I have and that is why I believe that tomorrow we will see a great Real Madrid."

    Bayern as favourites? "It doesn't surprise me; they are a great team, very strong, that have won many matches and that won the Champions League last year."

    /Marca/
    3
  • Bomb kills Egyptian police officer
    23.04.2014 15:07
    http://en.trend.az/article_photo/2011/09/04/car blast.jpg
    http://en.trend.az/article_photo/2011/09/04/car blast.jpg
    A senior Egyptian police officer was killed when a bomb exploded under his car outside his home near Cairo on Wednesday, state television and a security source said, Reuters reported.

    Brigadier-General Ahmed Zaki was killed in the explosion in 6th of October City, 32 km (20 miles) from the capital, the state-run Nile news TV station reported.

    Bombings and shootings targeting the police have become commonplace in Egypt since the army deposed president Mohamed Mursi of the Muslim Brotherhood last July.

    Egypt holds a presidential election in late May which former army chief Abdel Fattah al-Sisi is expected to win. Sisi, who deposed Mursi following mass protests against his rule, has vowed to crush the militant threat.

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    5
  • Armenian President makes staff appointments in government
    23.04.2014 14:58
    http://en.trend.az/article_photo/2012/06/17/Yerevan_170612_2.jpg
    http://en.trend.az/article_photo/2012/06/17/Yerevan_170612_2.jpg
    Armenian President Serzh Sargsyan has signed a decree on the appointment of Karen Chshmaritian as Minister of Economy of the country.

    Sargsyan also signed decrees on the appointment of Gagik Beglaryan as Minister of Transport and Communication, Armenia Today reported. Hasmik Poghosyan was re-appointed Minister of Culture.

    Furthemore, Vache Gabrielyan was appointed as Chief Advisor to the Prime Minister, Novosti-Armenia said.

    Translated by S.I.

    Edited by C.N.

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    10
  • Uzbekistan, Spain seek to expand economic cooperation
    23.04.2014 14:57
    http://www.topnews.az/images/logo.png
    http://www.topnews.az/images/logo.png
    Tashkent, Uzbekistan, April 23

    By Demir Azizov- Trend:

    Uzbekistan and Spain have great opportunities to expand mutually beneficial cooperation, such a conclusion was made by the participants of the Uzbek-Spanish business forum.

    The forum was held in Tashkent on April 22, Uzbekistan National News Agency said.

    The report notes that the business forum was held in the framework of the official visit of the Minister of Foreign Affairs and Cooperation of Spain, Jose Manuel Garcia-Margalit to Uzbekistan. The forum was attended by the business community of both countries, including representatives of several major Spanish companies.

    It was noted that despite that Spanish business is notably presented in Uzbekistan, there are a number of promising areas and projects for joint implementation.

    In particular, Spanish entrepreneurs got greatly interested in opportunities of doing business in Navoi free industrial economic zone and Angren and Jizzakh special industrial zones.

    The forum participants also discussed the prospects of cooperation in oil and gas, railway industries in the fields of energy, chemical industry, food industry, and pharmaceuticals.

    There is an Intergovernmental agreement between Uzbekistan and Spain on encouragement and mutual protection of investments, avoidance of double taxation, favorable conditions in trade and economic relations.

    The documents on the intention to strengthen cooperation in such areas as trade, investment, pharmaceuticals, railway construction, engineering have been signed according to the results of the business forum.

    At present, some 12 Spanish enterprises, including such large companies as "Maxam-Chirchiq", "Ammofos-Maxam", "Hispantex", "Pantentes Talgo Tashkent", "Balkan Eksport Import Asia" operate in Uzbekistan.

    Translated by S.I.

    Edited by S.I.

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    4
  • Baku to host meeting of CIS Electric Power Council
    23.04.2014 14:49
    http://www.topnews.az/images/logo.png
    http://www.topnews.az/images/logo.png
    The 45th meeting of the CIS Electric Power Council will be held in Baku on Friday.

    The event will bring together delegates from Azerbaijan, Russia, Belarus, Kazakhstan, Kyrgyzstan, Moldova, Tajikistan, Turkmenistan and Uzbekistan.

    The Electric Power Council is an intergovernmental body of the CIS. It was founded in 1992 with the aim of coordinating electric power systems of the CIS countries.

    It will be the third meeting of the Council in Baku, with two previous gatherings held in 2004 and 2009.
    4
  • GUAM Secretariat holds meeting of Working Group on Culture and Tourism
    23.04.2014 14:44
    http://www.azertag.com/sites/default/files/1398236846.jpg
    http://www.azertag.com/sites/default/files/1398236846.jpg
    GUAM Secretariat hosted the 2nd Meeting of the Working Group on Culture and Tourism, which involved representatives of the relevant ministries and departments of GUAM member states, embassies and tourism agencies.

    Azerbaijan was represented by deputy minister of culture and tourism Nazim Samadov, counselor of the Embassy Nazim Aliyev and consultant of the Ministry Tamerlan Akhundov.

    The meeting heard reports on latest developments in the culture and tourism sphere in the CIS member states. The participants discussed a wide range of issues, including the establishment of mechanisms of information and statistical data exchange. They considered the course of the implementation of the Action Plan of the Working Group for 2013-2014. The meeting also featured discussions on the development of new projects in the field of culture and tourism in the GUAM format.
    3
  • Rhino horns worth $5.2 million stolen in South Africa
    23.04.2014 14:42
    http://www.today.az/pictures/pic132954.jpg
    http://www.today.az/pictures/pic132954.jpg
    Rhino horn stock piles worth over $5.2 million have been stolen from a South African game park office, the raided tourist agency said on Tuesday, in the first known theft of its kind.

    Thieves on Monday broke into the Mpumalanga Tourism and Parks Agency and cut into a strong box, making off with 112 pieces of rhino horn, weighing 80,135 kilograms.

    "It's the first time there has been a break in at our premises, it was obviously well planned," the parks' spokeswoman Kholofelo Nkambule said.

    Elephant ivory, rifles and ammunition, which were in the same safe, were left untouched, Nkambule said.

    Poaching rhinos for their horns is a growing problem in South Africa and a lucrative business for organized criminal networks but it is unusual for thieves to target stock piles.

    Most of the rhino horns were from de-horning operations, which is an attempt by local authorities to decrease poaching and to protect the rhino species.

    The biggest market for illegal rhino horn in recent years has been Vietnam, where the product is sold in pharmacies and over the Internet at about $65,000 a kilogram, making it more expensive than gold, platinum and cocaine.

    More than 1,000 rhinos were poached last year for their horns in South Africa, an increase of 50 percent from the previous year, a government department said in January.

    Most of the rhino killings happen in the Mpumalanga province's Kruger National Park.

    "It's scary, we are used to people killing rhinos in the bush but we never had a situation where horns were stolen from stock piles," said Ray Thakuli, South African National Parks spokesman.

    "We have never had a situation like this in South Africa, it's the first ever time ... in private or in public parks."

    No one had been arrested in connection with the theft and a spokesman for a national special investigations body, the Hawks, said they would not "rule out the possibility of an inside job".

    /Reuters/
    3
  • Georgian CEC annuls former defense ministerв's registration
    23.04.2014 14:39
    http://en.trend.az/article_photo/2012/11/20/irakli-okruashvili_201112.jpg
    http://en.trend.az/article_photo/2012/11/20/irakli-okruashvili_201112.jpg
    Tbilisi, Georgia, April 23

    By Nana Kirtzkhalia - Trend:

    The Georgian CEC canceled the registration of former Defense Minister Irakli Okurashvili as a candidate for mayor of Gori city on April 22.

    Two parties, namely, the People's Party and the movement "For Fair Georgia" filed a complaint against the former minister.

    The leaders of these parties - Mamuka Giorgadze and Sergo Javakhadze protest against Okruashvili's registration. They added that the former defense minister has not lived in Georgia recently.

    The complaint was granted as Okruashvili obtained asylum in France. He has recently lived there. He returned to Georgia after the regime was changed in 2013.

    Translated by NH

    Edited by CN

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    3
  • Azerbaijani karate fighters to vie for European medals
    23.04.2014 14:35
    http://www.topnews.az/images/logo.png
    http://www.topnews.az/images/logo.png
    Azerbaijani karate fighters will contest medals at the 49th European Senior Championships to take place in Tampere, Finland, from May 1-4.

    The Azerbaijani squad includes Majid Amirov weighing in at 60kg, Niyazi Aliyev at 67kg, Aykhan Mamayev at 84kg, Shahin Atamov at over 84kg, Nurana Aliyeva at 50kg and Ilaha Gasimova at 55kg.

    In the kumite individual event, Azerbaijan`s hopes will be pinned on Farida Abiyeva, while Asiman Gurbanli, Rafiz Hasanov and Tural Agalarzade will fight in the kumite event.

    Tural Baljanli will be in action in the individual kata event.
    4
  • President confers honorary titles to employees of Academy of Public Administrati
    23.04.2014 14:31
    http://www.topnews.az/images/logo.png
    http://www.topnews.az/images/logo.png
    President of Azerbaijan Ilham Aliyev has signed a decree to confer an honorary title of 'Peopleв's teacherв' to employees of the Academy of Public Administration at the President of Azerbaijan.

    According to the official website of the President of Azerbaijan, the following employees of the Academy have been conferred on with a title of lsquo;Honorary teacher':

    Agalarova Shahla Kochari qizi

    Babayeva Sevil Sultan qizi

    Ahmadova Firdovsiya Firdovsi qizi

    Guliyev Musa Nizam oglu

    Nagiyev Fakhraddin Tagi oglu.

    1
    4
  • Gas pipeline explodes in Iran
    23.04.2014 14:18
    http://www.topnews.az/images/logo.png
    http://www.topnews.az/images/logo.png
    Baku, Azerbaijan, April 23

    By Umid Niayesh - Trend:

    A gas pipeline in Iran's south western city of Landeh exploded during the implementation of the city's gas network.

    A worker was injured in the explosion which occurred in the country's Kohgiluyeh and Boyer-Ahmad Province today, Iranian ISNA news agency quoted managing director of Landeh gas company Khosrov Ariati on April 23.

    The injured worker was transferred to hospital, Ariati said, adding that the worker's health situation is not dangerous.

    Edited by C.N.
    4
  • Iran releases S. Korean jailed on spying charges
    23.04.2014 13:50
    http://en.trend.az/article_photo/2008/06/10/Prison_210108.jpg
    http://en.trend.az/article_photo/2008/06/10/Prison_210108.jpg
    A South Korean citizen who was jailed in Iran on spying charges last year has been released and plans to return home soon, Yonhap news agency reported on April 23

    The 43-year-old South Korean man, surnamed Kim, was convicted of espionage in an Iranian court last September for taking pictures of some Iranian government facilities while he was travelling the country in last 2012.

    He was given a seven-year prison sentence and had been serving the prison term.

    The released man was transferred to the South Korean Embassy in Iran last Monday, the report said.

    South Korea has requested the Iranian government to release him on humanitarian grounds because he did not intend to spy on the country and that he was not familiar with Iranian law or the situation there, a South Korean official said, adding that the Iranian government accepted the request in consideration of their bilateral relations.

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    8
  • Georgian Defense Minister visits Turkey
    23.04.2014 13:50
    http://en.trend.az/article_photo/2014/03/05/irakli_alasaniya_050314_1.jpg
    http://en.trend.az/article_photo/2014/03/05/irakli_alasaniya_050314_1.jpg
    Tbilisi, Georgia, April 23

    By Nana Kirtzkhalia - Trend:

    Georgian Defense Minister Irakli Alasania is on a two day visit to Turkey.

    The Georgian minister will participate in the festivities on the occasion of the 99th anniversary of the Chanakkale Battle within the framework of the visit, the Georgian Defense Ministry told Trend.

    The events will feature the performance of the Turkish Military Band Mehteran, as well as parade, and the "Sholoturk" air show will be held. Furthermore, the event participants

    will commemorate those deceased in the Chanakkale Battle buried in Martyrs cemetery.

    More than 30 countries` delegations, the representatives of the accredited diplomatic corps in Turkey will participate at the celebrations.

    Translated by S.I.

    Edited by C.N.

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    5
  • Can blood produced from stem cells make shortages a thing of the past?
    23.04.2014 13:42
    http://www.topnews.az/images/logo.png
    http://www.topnews.az/images/logo.png
    Stem cell treatments are set to go mainstream as a UK consortium ramps up production of red blood cells from embryonic stem cells and plans to test it with human patients for the first time in 2016.

    The current donation system, though it supplies scores of millions of patients in need every year, suffers from shortages and some inherent flaws. Many parts of the world find blood regularly in short supply, and donated blood risks transmitting infectious diseases, such as HIV. What's more, patients and donors must have compatible blood types.

    "Any time you get a new treatment approved using stem cells, it's a big deal. Having the ability to produce red blood cells from human embryonic stem cells would be enormously useful in terms of creating whole new blood supplies for people in need of transfusions, and of course for use in treating all manner of wounds, injuries and surgical problems," Kevin McCormack, director of public communications at the California Institute for Regenerative Medicine, told Singularity Hub.

    Researchers say they will make all of the stem cell-derived blood in the universal donor type of O-negative.

    Because blood transfusions are so commonplace in modern medicine, delivering them through stem cells would push such therapies well into the medical mainstream. But providing the transfusions will also require industrial-scale production in what is still a delicate process of coaxing specialized cells from elastic stem cells: Each bag of blood contains roughly 2 trillion red blood cells. (Blood transfusions consist entirely of red blood cells.)

    With more than $8 million in funding from the Wellcome Trust, the manufacturing will be handled by Edinburgh-based Roslin Cells, based on collaboration with the Scottish National Blood Service and researcher Marc Turner of the MRC Center for Regenerative Medicine.

    "Currently, we're producing 100,000 million red blood cells, or up to 5 milliliters of blood," Turner said in a video about the project. "But when you think that in an average liter of blood, there's about 2.5 million red blood cells you can see that we still have some way to go."

    The effort to make so many stem cells is at once the biggest challenge to and the most significant contribution of the Scottish project.

    The clinical trial may be the first announced for humans, but it's not impossible that another team could get there first. Several groups, including some funded by CIRM, have been working toward the goal of manufactured blood. But even if the Scots get scooped, the scale-up in production in anticipation of the trial will almost certainly pave the way for bigger production efforts in other areas of stem cell research.
    5
  • Kazakh air carrier to resume regular flights to Dubai
    23.04.2014 13:42
    http://en.trend.az/article_photo/2012/06/22/air_astana_220612.jpg
    http://en.trend.az/article_photo/2012/06/22/air_astana_220612.jpg
    Astana, Kazakhstan, April 23

    By Daniyar Mukhtarov - Trend:

    Kazakh airline Air Astana will resume regular flights to Dubai (UAE), the Kazakh Ministry of Transport and Communications said on April 23.

    "Almaty-Dubai flights will be made 11 times a week from September 1, 2014, namely, by Air Astana - seven times a week and Arab Air Carrier Flydubai - four times a week," according to a statement.

    The flights from Kazakhstan to Dubai were ceased in October 2010 due to a lack of proper authorization of Dubai's aviation department. Therefore, the Kazakh airline Air Astana began making the regular flights to Abu Dhabi, according to the statement.

    As a result of negotiations among the ministry, the Kazakh airlines and Dubai's aviation departments, the Almaty-Dubai flights will be resumed, according to the report.

    Translated by NH

    Edited by CN

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    4
  • Azerbaijan welcomes outcome of Moscow ministerial meeting on Caspian Sea
    23.04.2014 13:31
    http://www.topnews.az/images/logo.png
    http://www.topnews.az/images/logo.png
    Azerbaijan appreciates the meeting of foreign ministers of the Caspian states in Moscow and believes in the promotion of the Caspian agenda, Foreign Minister Elmar Mammadyarov has said at a press conference.

    "We conducted extensive negotiations in Moscow on all matters relating to the agenda of the Caspian Sea, and discussed aspects of the preparations for the upcoming autumn Caspian summit in Astrakhan," said the minister.

    According to him, all the five Caspian countries are set to move in the resolution of all existing issues between the parties on the Caspian Sea.

    The minister also noted that at the end of May - beginning of June, there will be a meeting of the special working group at the level of deputy foreign ministers of the Caspian states. Presumably, deputy ministers will gather in Iran.

    "In case of need, if there are problems with the coordination of joint documents, foreign ministers of the Caspian countries may hold another meeting before the summit in Astrakhan," he said.

    1
    4
  • Date of Azerbaijani Gunay Sigorta insurance company shares sale announced
    23.04.2014 13:28
    http://en.trend.az/article_photo/2013/03/19/Gunay_sigorta_logo_190313.jpg
    http://en.trend.az/article_photo/2013/03/19/Gunay_sigorta_logo_190313.jpg
    Baku, Azerbaijan, April 23

    Trend:

    The start of the Gunay Sigorta OJSC ordinary registered book-entry shares placement at Baku Stock Exchange CJSC is planned to be held beginning from May 5, 2014.

    The placement volume is 1.2 million manat.

    Some 1,200 shares at par value of 1,000 manat have been issued. Placement`s underwriter is "Texnika Kapital Menecment" LLC

    The placement will be ended in November 2014.

    Azerbaijani Finance Ministry suspended Gunay SД±gorta's license on February 24, 2014. In accordance with the legislation, the insurance company needs to align its aggregate capital with the Finance Ministry's minimum requirement within six months in order to reinstate its license. The minimum amount of total capital of insurers, operating in the non-life insurance sector, is set at the level of five million manats.

    After the new and previous issue placement the company's authorized capital will increase up to 7.6 million manats, while the total capital will be 6.7 million manats.

    Azerbaijani joint-stock bank Gunay Bank is the sole shareholder of Gunay SД±gorta, which has been operating since 1992.

    The official exchange rate on April 22 is 0.7843 AZN/USD.

    Translated by S.I.

    Edited by C.N.

    Follow us on Twitter @
    4
  • Azerbaijan to introduce new standards in defense field
    23.04.2014 13:27
    http://en.trend.az/article_photo/2012/01/30/Standartization_commitee_building_NEW_300112.jpg
    http://en.trend.az/article_photo/2012/01/30/Standartization_commitee_building_NEW_300112.jpg
    Baku, Azerbaijan, April 23

    By Huseyn Valiye -Trend:

    Azerbaijan considers the renovation of state standards in the field of defense.

    The introduction of new standards in Azerbaijan in this field is expected in the next two years, the director of the Standardization and Certification Institute of Azerbaijani State Committee for Standardization, Metrology and Patents, Sabig Abdullayev told journalists.

    "There are standards in the field of defense classified as" secret ", which refer to the armament. These standards currently applied in the Commonwealth of Independent States," Abdullayev said.

    Translated by S.I.

    Edited by C.N.

    Follow us on Twitter @
    4
  • Georgiaв's Development Strategy till 2020 to be submitted for public discussion
    23.04.2014 13:24
    http://en.trend.az/article_photo/2013/11/10/georgian_flag_101113.jpg
    http://en.trend.az/article_photo/2013/11/10/georgian_flag_101113.jpg
    Tbilisi, Georgia, April 23

    By Nana Kirtzkhalia - Trend:

    The Georgian government will adopt the strategy for socio-economic development of the country "Georgia 2020" after a nationwide discussion. The decision was made while discussing the strategy at the Economic Council of the country, Georgian speaker's office told Trend on April 23.

    Georgian Prime Minister Irakli Garibashvili attended the meeting of the Economic Council. The prerequisites for the country's economic growth, as well as obstacles to Georgia's economic growth were discussed during the meeting.

    It was stressed at the meeting that the country's economic policy must be based on the protection of economic freedom and property rights.

    Translated by NH

    Edited by CN

    Follow us on Twitter @
    4
  • Two people die in Iran`s flood
    23.04.2014 13:10
    http://en.trend.az/article_photo/2012/06/27/Iran_Flood_270612_06.jpg
    http://en.trend.az/article_photo/2012/06/27/Iran_Flood_270612_06.jpg
    Baku, Azerbaijan, April 23

    By Temkin Jafarov -Trend:

    Two people died last night as a result of floods and mudflows in the city of Miyana in Iran's East Azerbaijan province.

    Tehran-Miyana railway flooded and was covered by a mudslide, the official website of the Iranian iribnews television reported.

    More than 200 homes flooded in some villages. Landslip occurred on the Miyana-Zanjan mountain road as a result of natural hazard, the report said.

    Other details regarding the situation were not reported.

    Translated by S.I.

    Edited by C.N.

    Follow us on Twitter @
    5
  • Carlsen draws with Karyakin in 3rd round of Shamkir Chess-2014
    23.04.2014 13:03
    http://www.topnews.az/images/logo.png
    http://www.topnews.az/images/logo.png
    Norwegian grandmaster Magnus Carlsen has been held to a draw by Russian Sergey Karyakin in the third round of the Group A in Shamkir Chess-2014 tournament in the Azerbaijani city of Shamkir.

    Carlsen continues to lead the table with 2.5 pts.

    Organized by "Synergy Group", the tournament commemorates Azerbaijani grandmaster Vugar Hashimov.
    3
  • Chairman of Nakhchivan Supreme Assembly meets Japanese ambassador
    23.04.2014 13:02
    http://www.azertag.com/sites/default/files/1398169435.jpg
    http://www.azertag.com/sites/default/files/1398169435.jpg
    Chairman of the Supreme Assembly of the Nakhchivan Autonomous Republic Vasif Talibov has met Japanese ambassador to Azerbaijan Tsuguo Takahashi.

    Mr. Talibov mentioned that Azerbaijan-Japan relations were set up in 1991. He said Japan's Embassy in Azerbaijan opened in 2000, while Azerbaijan opened its Embassy in Tokyo in 2005.

    On relations between the Autonomous Republic of Nakhchivan and Japan, the Chairman of the Supreme Assembly said bilateral ties covered agricultural, educational and other fields.

    Mr. Talibov also expressed hope that the visit of the Japanese ambassador to Nakhchivan would be fruitful in terms of expanding bilateral relationship between the Autonomous Republic and Japan.

    Mr. Takahashi praised Japan-Azerbaijan relations in political, economic and cultural fields.

    The ambassador noted he would spare no efforts to contribute to expanding ties between Japan and Azerbaijan, including the Autonomous Republic of Nakhchivan.
    4
  • There is Dutchman willing to steer ManU
    23.04.2014 13:00
    http://www.today.az/pictures/pic132953.jpg
    http://www.today.az/pictures/pic132953.jpg
    Louis van Gaal wants to succeed David Moyes as Manchester United manager, Goal understands.

    The Dutchman has told friends he is "very keen" on taking over at Old Trafford when his stint in charge of the Netherlands finishes after the World Cup.

    As reported by Goal, Van Gaal met with a United delegation last week and further talks are expected to take place as the club step up the process of finding a successor to Moyes.

    Jurgen Klopp has also been approached by United but the Borussia Dortmund manager publicly distanced himself from the job on Tuesday morning.

    "Man Utd is a great club and I feel very familiar with their wonderful fans," Klopp was quoted as saying in the Guardian. 'But my commitment to Borussia Dortmund and the people is not breakable."

    Van Gaal, who turns 63 in August, would represent a relatively short-term fix and a considerable departure from the long-term planning trumpeted by United in the wake of Moyesв' appointment 11 months ago.

    Some figures in the United boardroom have reservations about the Dutchmanв's management style and abrasive reputation.

    However, his outstanding CV, which features league titles in three countries, and long track record of success, coupled with his immediate availability, has impressed the Glazer family, who are leading the hunt for Moyesв' successor.

    The Scot was sacked by United on Tuesday morning and player-coach Ryan Giggs has been placed in caretaker charge of the club until the end of the season.

    Giggsв' lack of managerial experience is likely to count against him in the coming weeks as United prepare to make their second appointment in a year.

    Van Gaal, who has been installed as the favourite to replace Moyes, has made no secret of his desire to coach a Premier League club after the World Cup.

    The former Real Madrid, Bayern Munich and Ajax boss has already held talks with Tottenham but the Spurs hierarchy accept they would not be able to stop Van Gaal joining United if he was offered the job.

    The Dutchman regards United as one of the worldв's top clubs and believes they would represent a perfect final chapter of what has been a glittering coaching career.

    Van Gaal is expecting further contact from United in the coming days but the Glazers, the American family who own the club, are also expected to sound out several managerial big guns.

    These could include Real Madrid manager Carlo Ancelotti and, even more intriguingly, Chelsea boss Jose Mourinho, who was ignored last year when Sir Alex Ferguson recommended Moyes to be his successor.

    The Glazers are prepared to hand the new man a transfer kitty of more than ВЈ150 million to reshape a squad that has failed dismally this season.

    Moyes was sacked two days after it became mathematically impossible for United to seal a top-four Premier League finish and compete in next season's Champions League.

    It is believed that it had been written into the six-year contract Moyes signed last summer that he would only get a year's pay-off if he was sacked after finishing outside of the top four.

    /Goal.Com/
    4
  • Turkey delays discussion of lifting ex-ministers immunities
    23.04.2014 12:45
    http://en.trend.az/article_photo/2013/11/29/ankara_291113.jpg
    http://en.trend.az/article_photo/2013/11/29/ankara_291113.jpg
    Baku, Azerbaijan, April 23

    By Rufiz Hafizoglu - Trend:

    Turkey's parliament has postponed discussion on deprivation of immunity of former ministers implicated in a corruption scandal.

    The discussion of lifting immunities from former -Interior Minister Muammar Guler, former Economy Minister Zafar Caglayan, former Minister for EU Affairs Egemen Bagish, and former Minister Environmental and Urban Development Erdogan Bayraktar was postponed indefinitely, the Sabah Turkish newspaper reported.

    At present time, Istanbul prosecutor's office is preparing a new appeal to the Turkish Grand National Assembly in connection with the abolition of immunity of former ministers.

    The Istanbul Prosecutor's Office submitted a relevant appeal to the Turkish Grand National Assembly on Feb. 28.

    Turkish police conducted special operations in Istanbul and Ankara on December 17, 2013, resulting in the arrest of several dozen people including businessmen and the sons of some ministers.

    Among those detained were the sons of some ministers who are the members of Turkey's ruling party - Economy Minister Zafer Caglayan's son, Salih Kaan Caglayan, Interior Minister Muammar Guler's son, Baris Guler and Minister for Urban Development and Environment Erdogan Bayraktar's son, Oguz Bayraktar.

    Mayor of Istanbul's Fatih Municipality Mustafa Demir and Director General of the Turkish Halkbank Suleyman Aslan were arrested during the same operation by police. The detainees were accused of corruption, smuggling and selling drugs.

    The corruption scandal included the names of former Economy Minister Zafer Caglayan, former Minister for European Integration Egemen BagД±s, former Interior Minister Muammer Guler and son of former Minister for Urban Development and Environment Erdogan Bayraktar.

    Former director general of Turkish Halkbank and eight more detained businessmen were released on Feb. 14.

    On February 28, the Turkish prosecutor's office made a decision to release the detainees, namely Turkish businessman Reza Zarrab, son of former Interior Minister Muammar Guler - Baris Guler and son of former Economy Minister Zafer Caglayan - Salih Kaan Caglayan.

    Translated by S.I.

    Edited by C.N.

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    3
  • Armenian Armed Forces violate ceasefire
    23.04.2014 12:25
    http://en.trend.az/article_photo/2012/06/08/Army_Karabax_080612_3.jpg
    http://en.trend.az/article_photo/2012/06/08/Army_Karabax_080612_3.jpg
    Baku, Azerbaijan, April 23

    By Ilkin Izzet - Trend:

    Armenian Armed Forces opened fire at the positions of the Azerbaijani Armed Forces located in the nameless heights in the Gadabay region from the positions located in the nameless heights in Armenia's Krasnoselsk region, the Azerbaijani Defense Ministry reported on April 23.

    The Azerbaijani Armed Forces were also fired upon from the positions located near the villages of Sarijali of the Aghdam region, Tapqaraqoyunlu of the Goranboy region, Goradiz of the Fizuli region and the nameless heights in the Goygol region.

    The Azerbaijani Armed forces silenced the opposing side with return fire.

    The conflict between the two South Caucasus countries began in 1988 when Armenia made territorial claims against Azerbaijan.

    As a result of the ensuing war, in 1992 Armenian armed forces occupied 20 percent of Azerbaijan, including the Nagorno-Karabakh region and seven surrounding districts.

    The two countries signed a ceasefire agreement in 1994. The co-chairs of the OSCE Minsk Group, Russia, France and the U.S. are currently holding peace negotiations.

    Armenia has not yet implemented the U.N. Security Council's four resolutions on the liberation of the Nagorno-Karabakh and the surrounding regions.

    translated by NH

    edited by CN

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    6
  • Transport movment limits on central streets of Baku
    23.04.2014 12:23
    http://www.today.az/pictures/pic132947.jpg
    http://www.today.az/pictures/pic132947.jpg
    Transport movement goes to be limited on several central streets of Baku from April 23.В 

    В 

    The head of the press service of the Transport Ministry's "Azeryolservice" OJSC Punhan Mursaliyev told Trend, reports Day.Az.

    В 

    According to him, connected to the work on application of horizontal markings,В  traffic flow will be partially restricted from the intersection of 28 May and Yusif Safarov streets to Bulbul avenue, as well as from 28 May street to Zarifa Aliyeva street from 22:00 today.

    В 

    Restriction will last until completion of work, he said.

    Note that realization of the similar work is planned on number of other streets and avenues under the schedule.
    3
  • Kazakhstan, South Korea continue to deepen bilateral strategic partnership
    23.04.2014 12:15
    http://en.trend.az/article_photo/2011/08/25/Flag_kazaxsan_south_korea_250811.jpg
    http://en.trend.az/article_photo/2011/08/25/Flag_kazaxsan_south_korea_250811.jpg
    Astana, Kazakhstan, April 22

    By Daniyar Mukhtarov - Trend:

    The Deputy Foreign Minister Yerzhan Ashikbaev met with the First Vice Minister of the Foreign Affairs of the Republic of Korea, Cho Tae-yong within the framework of the "Central Asia - Republic of Korea" Forum in Seoul.

    The parties discussed the current state of relations and prospects of Kazakh-South Korean cooperation in bilateral and multilateral formats, including the issues of preparation of the Korean President Park Geun-hye`s planned visit to Kazakhstan during the meeting.

    They also exchanged views on topical issues of international and regional agenda. The parties touched upon the subject of combating nuclear terrorism and nuclear disarmament , as well as the nonproliferation regime. Ashikbaev expressing thanks to South Korea for the intention of supporting Kazakhstan's candidacy for non-permanent members of the UN Security Council in turn expressed support for the initiative of South Korea the creation of the Asian Forest Cooperation Organization and invited his Korean counterpart to take part in the specialized exhibition EXPO -2017 in Astana.

    Furthermore, the issues of Kazakh-South Korean trade -economic and investment -technological cooperation have been discussed. The trade turnover between the two countries hits $1 billion. Cho Tae-yong was also informed about the main provisions of the "Kazakhstan-2050" Strategy.

    "Central Asia - Republic of Korea" Forum was launched in 2007 on the initiative of South Korea. The regional platform is designed to discuss the most urgent issues of cooperation of Central Asian countries and South Korea, including joint projects and countries participating in the forum.

    Translated by S.I.

    Edited by C.N.

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    7
  • U.S. '˜readyв' to cooperate with Azerbaijan in alternative energy production
    23.04.2014 12:07
    http://www.azertag.com/sites/default/files/1398232314.JPG
    http://www.azertag.com/sites/default/files/1398232314.JPG
    U.S. ambassador in Baku Richard Morningstar has expressed his country`s readiness to cooperate with Azerbaijan in producing alternative energy.

    The ambassador said the Absheron peninsula had favorable conditions for developing wind and solar power.

    Mr. Morningstar praised Azerbaijan`s energy policy, saying the country attached importance to developing both traditional and alternative energy sources.

    The ambassador also reaffirmed the United States` support for Azerbaijan`s intention to supply it gas to European Union countries.
    5
  • Azerbaijan, Turkmenistan have no problems regarding Caspian Sea
    23.04.2014 11:58
    http://en.trend.az/article_photo/2012/10/04/XIN_MID_Azerbaijan_041012.jpg
    http://en.trend.az/article_photo/2012/10/04/XIN_MID_Azerbaijan_041012.jpg
    Baku, Azerbaijan, April 23

    By Saba Aghayeva - Trend:

    Baku does not think that Azerbaijan and Turkmenistan have problems in the Caspian Sea, the Azerbaijani Foreign Minister Elmar Mammadyarov told journalists in Baku.

    The minister went on to add that Azerbaijan plans to turn the Caspian Sea into a sea of cooperation and security.

    The Caspian countries' FMs worked on the final convention on the status of the Caspian Sea in Moscow, Mammadyarov said, commenting on the results of the Moscow meeting of the foreign ministers of the Caspian states, which took place on April 22 in Russian capital.

    "The parties have made a big step in determining the status of the sea. All five countries are interested in making progress on this issue. Another meeting will be held in Tehran at the level of deputy ministers in June," Mammadyarov said.

    If needed, the Caspian countries will hold another meeting at the level of foreign ministers, he said.

    The coastal states (Azerbaijan, Kazakhstan, Russia, Turkmenistan and Iran) signed a Framework Convention for the Protection of the Marine Environment of the Caspian Sea in November 2003.

    In July 1998, Russia and Kazakhstan signed an agreement on the delimitation of the northern part of the Caspian Sea in order to exercise sovereign rights for subsoil use.

    In May 2002 they signed a protocol to this agreement. On Nov. 29, 2001 and Feb. 27, 2003, Kazakhstan and Azerbaijan signed agreements on the delimitation of the Caspian Sea.

    Additionally, Kazakhstan, Azerbaijan and Russia signed an agreement on the delimitation of adjacent sections of the Caspian Sea on May 14, 2003.

    Translated by S.I.

    Edited by S.I.

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    5
  • Lebanon parliament to vote on new president
    23.04.2014 11:55
    http://en.trend.az/article_photo/2011/01/27/Lebanon_parliament.jpg
    http://en.trend.az/article_photo/2011/01/27/Lebanon_parliament.jpg
    The Lebanese parliament will meet Wednesday to vote for a new president, a process expected to encounter fresh obstacles, as political factions remain undecided on a consensus figure, Al Arabiya reported.

    The meeting will have the country's lawmakers participate in the first round election seeking to replace President Michel Sleiman, whose six-year term ends on May 25.

    Observers say Lebanon's political divisions make it unlikely any candidate will win in the first round, and a second round is likely to be scheduled.

    Wednesday's vote requires candidates to win a two-thirds majority to declare victory, but if no winner emerges, a second-round vote only requires the victor to win an absolute majority of 50 plus 1.

    Political sources told Reuters that a majority of parliamentarians may submit blank voting slips on Wednesday to pave the way for more talks over a consensus candidate.

    Putting off the choice of president could add to a political vacuum in Lebanon which is struggling to contain a domestic sectarian conflict while also grappling with a flood of Syrian refugees and a sharp slowdown in economic growth.

    Lebanon's presidency is reserved for the country's Maronite Christians under a confessional system aimed at sharing representation among its many religious communities.

    The leading Maronite to declare his candidacy so far is Samir Geagea, a vocal opponent of Syrian President Bashar al-Assad who is expected to be backed - at least in the first round - by the anti-Assad March 14 coalition, led by Sunni Muslim former premier Saad al-Hariri.

    Geagea, 61, spent 11 years in jail for political murders and other killings during Lebanon's civil war, the only warlord imprisoned after the conflict ended in 1990.

    The rival March 8 political bloc, led by militant Shi'ite group Hezbollah which is fighting in Syria to support Assad, has indicated it would back former army chief Michel Aoun.

    Aoun, a Hezbollah ally trying to portray himself as a consensus figure in contrast with Geagea, has yet to declare himself formally in the running.

    March 14 and March 8 sources say that means Wednesday's vote is likely to be inconclusive, with Geagea unable to garner the two-thirds support necessary for a first-round victory - or the 50-percent-plus-one vote needed in any subsequent count.

    "Wednesday's session will not bring a new president, but it might pave the way for consensus options, including Michel Aoun," one March 8 source told Reuters, adding that many parliamentarians would hand in blank papers.

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    8
  • 1st International Caspian Energy Forum'"2014 starts in Baku
    23.04.2014 11:50
    http://www.azertag.com/sites/default/files/1398231670.JPG
    http://www.azertag.com/sites/default/files/1398231670.JPG
    The 1st International Caspian Energy Forum-2014 has kicked off in Baku.

    Organized by the Caspian Energy International Media Group, the forum brings together 300 delegates from 50 countries. The forum is supported by Azerbaijan`s Cabinet of Ministers, Parliament, Ministry of Energy, State Oil Company, State Committee for Standardization, Metrology and Patent, State Customs Committee, State Migration Service, Embassy of the United States to Azerbaijan, and Caspian European Club (CEIBC).

    The first session of the forum is themed "EU's energy security through cooperation with the Caspian-Black Sea region states". It will be chaired by Minister of Energy of Azerbaijan Natig Aliyev.

    Called "Natural gas and unconventional natural gas - major energy carrier of the 21st century - exploration and production prospects in the Caspian", the second session will be chaired by Khoshbakht Yusifzade, First Vice-President for Geology, Geophysics and Field Development at State Oil Company of the Republic of Azerbaijan.

    Thematic forums, Caspian European Financial Forum, Caspian European IT Forum, Caspian European Industry Forum Рё Caspian European Infrastructure Forum, will be held in the second half of the day.

    The forum will be attended by heads of government agencies, ministries, committees and agencies of Azerbaijan as well as the countries of the Caspian-Black Sea and Baltic regions, representatives of diplomatic missions and missions of international organizations accredited in Azerbaijan, executives of international companies.

    Akkord Industry Construction Investment Corporation OJSC was a platinum sponsor of the forum. Cross Caspian Oil amp; Gas Logistics LLC is a silver sponsor. Bronze sponsors are SOCAR-AQS, Caspian Wireline Services, Atropatena, Schnieder Electric, R.I.S.K. Company, PASHA Insurance, Azersun Holding, Improtex Travel (official travel agency), BESTCOMP Group (official IT partner), Azertexnolayn and SNF Vostok LLC.
    3
  • Azerbaijan's energy resources crucial for Europe '" US envoy
    23.04.2014 11:44
    http://www.topnews.az/images/logo.png
    http://www.topnews.az/images/logo.png
    The events unfolding in Ukraine again draw attention to the importance of energy resources of Azerbaijan.

    This was stated by U.S. Ambassador to Azerbaijan Richard Morningstar at I International Caspian Energy Forum-2014 held in Baku on 23 April.

    "I believe that Azerbaijan's cooperation with its partners and friends, including with the United States, in the development of energy was a move aimed at the future, as these resources are of great importance for Europe and other countries," said Morningstar.

    The ambassador noted that the choice of consortium Shah Deniz regarding transporting Azerbaijani gas to Europe (Trans Adriatic Pipeline, TAP), the signing of the final investment decision on "Shah Deniz-2" set the stage for significant progress in the implementation of project "Southern Gas Corridor".

    "The United States, Azerbaijan and other countries continue their work to promote project Shah Deniz," he said.

    The diplomat also said that the U.S. is currently mulling the question of export of liquefied natural gas to Europe.

    "The Obama administration is ready to support the export of necessary volumes of liquefied natural gas to Europe.

    U.S. exports will not have a negative impact on gas export of Azerbaijan," Morningstar said.

    He stressed that the supply of gas to Europe from the U.S. or from Azerbaijan and other sources provide the reliability of its energy supply.

    1
    5
  • Georgian FM to visit Greece
    23.04.2014 11:41
    http://en.trend.az/article_photo/2013/03/19/Maya_Panjikidze_190313_4.jpg
    http://en.trend.az/article_photo/2013/03/19/Maya_Panjikidze_190313_4.jpg
    Tbilisi, Georgia, April 23

    By Nana Kirtzkhalia - Trend:

    Georgian Foreign Minister Maia Panjikidze will visit Greece on April 23, Georgian First Deputy Foreign Minister David Zalkaliani said.

    Panjikidze will meet with Greek Deputy Prime Minister and Foreign Minister Evangelos Venizelos as part of her visit. Afterwards, a joint press conference will be held.

    Panjikidze will also meet with First Deputy Speaker of the Parliament Ioannis Tragakis, Chairman of the Committee of Defense and External Relations Konstantinos Tsiaras and members of the committee.

    Translated by NH

    Edited by CN

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    5
  • Richard Morningstar: ''I hope the presidents will meet again soon''
    23.04.2014 11:41
    http://www.topnews.az/images/logo.png
    http://www.topnews.az/images/logo.png
    US Secretary of State John Kerry plans to visit Azerbaijan but exact date of his visit is yet unclear.

    According to 1news.az, the statement came from US ambassador to Azerbaijan Richard Morningstar.

    "The United States is very active in its mediation efforts as the OSCE Minsk Group co-chair and continues its work within the group", the diplomat said.

    As for holding the meetings of the presidents of Azerbaijan and Armenia, Morningstar noted: "I consider it important to hold regular meetings between the presidents of the two countries for discussion of definite steps aimed at resolving the conflict. I hope that the presidents will meet again soon. This may take place both in official and unofficial atmosphere", Morningstar said.

    1
    6
  • Australia vows to keep searching to solve missing Malaysian plane mystery
    23.04.2014 11:35
    http://en.trend.az/article_photo/2014/03/10/malaysia_airlines_boeing_777.jpg
    http://en.trend.az/article_photo/2014/03/10/malaysia_airlines_boeing_777.jpg
    Australia vowed on Wednesday to keep searching for a missing Malaysian plane despite no sign of wreckage after almost seven weeks, and as bad weather again grounded aircraft and an undersea drone neared the end of its first full mission, Reuters reported.

    Australian Prime Minister Tony Abbott admitted the search strategy may change if seabed scans taken by a U.S. Navy drone failed to turn up a trace of Malaysian Airlines flight MH370, which vanished on March 8 with 239 people on board.

    "We may well re-think the search but we will not rest until we have done everything we can to solve this mystery," he said.

    "The only way we can get to the bottom of this is to keep searching the probable impact zone until we find something or until we have searched it as thoroughly as human ingenuity allows at this time."

    The Bluefin-21 drone, a key component in the search after the detection of audio signals or "pings" believed to be from the plane's black box flight recorder, is due to end its first full mission, possibly on Wednesday.

    The Australian and Malaysian governments are under growing pressure to show what lengths they are prepared to go to in order to give closure to the grieving families of those on board flight MH370.

    In a sign of the families' growing desperation for answers, a group purporting to be relatives of the missing flight's passengers published a letter to Malaysian Defence Minister Hishammuddin Hussein, urging the government to investigate old media reports that the plane landed in Kandahar, Afghanistan.

    "It is high time that the government should start thinking out of the box by exploring and re-examining all leads, new and old," said the letter, published on Facebook on Wednesday.

    Authorities suspended the air search for the second day in a row on Wednesday due to heavy rain, low cloud and big seas.

    "Current weather conditions are resulting in heavy seas and poor visibility and are making air search activities ineffective and potentially hazardous," the Joint Agency Coordination Centre said in a statement, adding 12 ships would continue to help with the operation.

    Meanwhile, the Bluefin-21 was nearing the end of its first assignment scouring a 10 square kilometers (6.2 square mile) stretch of seabed where authorities traced what they believed was a black box signal two weeks ago.

    Search officials have said that once the Bluefin-21's current mission, some 2,000 kilometers (1,200 miles) north west of the Australian city of Perth, is finished, they will redeploy the submarine to other areas yet to be determined.

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    5
  • Azerbaijani FM, OSCE MG Russian co-chairman discuss Nagorno-Karabakh conflict
    23.04.2014 11:34
    http://en.trend.az/article_photo/2012/10/03/Elmar_Mammadyarov_031012.jpg
    http://en.trend.az/article_photo/2012/10/03/Elmar_Mammadyarov_031012.jpg
    Baku, Azerbaijan, April 23

    By Saba Agayeva - Trend:

    Azerbaijani Foreign Minister Elmar Mammadyarov has discussed the Nagorno-Karabakh conflict with Russian co-chairman of the OSCE Minsk Group Igor Popov.

    "I recently met with Russian co-chairman of the OSCE Minsk Group Igor Popov in Moscow and discussed further actions on the conflict settlement," Mammadyarov told media in Baku on April 23.

    The minister reiterated the unacceptability of preserving the status quo in the Nagorno-Karabakh conflict and the need for the withdrawal of Armenian troops from the occupied territories of Azerbaijan.

    The conflict between the two South Caucasus countries began in 1988 when Armenia made territorial claims against Azerbaijan. As a result of the ensuing war, in 1992 Armenian armed forces occupied 20 percent of Azerbaijan, including the Nagorno-Karabakh region and seven surrounding districts.

    The two countries signed a ceasefire agreement in 1994. The co-chairs of the OSCE Minsk Group, Russia, France and the U.S. are currently holding peace negotiations.

    Armenia has not yet implemented the U.N. Security Council's four resolutions on the liberation of the Nagorno-Karabakh and the surrounding regions.

    Translated by NH

    Edited by CN

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    6
  • Armenian armed forces break ceasefire
    23.04.2014 11:26
    http://www.topnews.az/images/logo.png
    http://www.topnews.az/images/logo.png
    Armenian armed forces have once again violated ceasefire on the contact line of troops.

    The shots were fired at Azerbaijani army located in unnamed heights in Gadabay region yesterday and last night, press office of the Defense Ministry of Azerbaijan said.

    The shooting also came from areas near occupied Sarijali village of Agdam region, Tapqaraqoyunlu village of Goranboy region, Horadiz village of Fuzuli region and unnamed heights of Goygol region.

    The Azerbaijani army answered the fire.

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    8
  • Hydrocarbon reserves of Caspian region to double by 2035
    23.04.2014 11:25
    http://en.trend.az/article_photo/2008/10/11/Oil_Rig_111008.jpg
    http://en.trend.az/article_photo/2008/10/11/Oil_Rig_111008.jpg
    Baku, Azerbaijan, April 23

    By Emil Ismayilov - Trend:

    The Caspian region will become a reliable source of gas supplies to Europe amid the growth of consumption volumes and the need of diversifying the sources of energy supply, Azerbaijani Energy Minister Natig Aliyev said at the Caspian Energy first international forum on April 23.

    "Currently, an energy corridor is being formed between the Caspian region and Europe, which begins in Azerbaijan and will extend to Italy," he said.

    More than $ 50 billion will be required to ensure the gas supply as part of the second phase of development of Azerbaijani offshore gas condensate Shah Deniz field to the European market.

    "The Caspian region, as opposed to Europe, has a powerful energy potential with relatively small consumption volumes," he said.

    In particular, the proven oil reserves of the region hit about 3.5 - 4 percent, while the proven gas reserves are 7-11 percent of the world ones. Hydrocarbon reserves of the Caspian region will double by 2035 taking into account the prospects for the discovery of new deposits, according to the forecasts.

    Aliyev stressed that Azerbaijan has achieved great results in the field of power engineering and fully ensured its own energy security. In particular, oil production volume has recently reached 43-50 million tons, gas production - about 30 billion cubic meters, while the capacity of electricity generation increased by 30 percent.

    Translated by NH

    Edited by CN

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    8
  • Spain, Azerbaijan talk over Karabakh conflict, discuss Ukraine situation
    23.04.2014 11:16
    http://en.trend.az/article_photo/2012/10/17/Azerbaijan_Spain_flags_171012.jpg
    http://en.trend.az/article_photo/2012/10/17/Azerbaijan_Spain_flags_171012.jpg
    Baku, Azerbaijan, April 23

    By Saba Aghayeva - Trend:

    Spanish Minister of Foreign Affairs and Cooperation Jose Manuel Garcia-Margalit confirmed the readiness of the country's leadership to strengthen the open political dialogue and bilateral cooperation with Azerbaijan in all spheres of mutual interest.

    "Azerbaijan is an important country in the region. By taking into account the interest of our country to cooperate with Azerbaijan Spain opens representative office in Baku. There is also an agreement on the establishment of an intergovernmental commission on economic cooperation," the minister said at a briefing following the talks with his Azerbaijani counterpart Elmar Mammadyarov.

    The current state and priority areas of bilateral cooperation, issues of international problems have been discussed with minister Mammadyarov at the meeting, according to the Spanish minister.

    "The relations between Spain and Azerbaijan are not at the level that we would want it to be, but there are prospects for their development," Elmar Mammadyarov said.

    "The political relations are at a good level, Spain has always supported us in the issue of Nagorno-Karabakh. At a meeting with my colleague, we also discussed regional cooperation and the situation in Ukraine. Azerbaijan also encouraged Spanish companies to cooperate," the Azerbaijani FM said.

    He added that both Azerbaijan and Spain have agreed to jointly provide assistance to African countries.

    Mammadyarov also noted that Spain has expressed interest in the Baku-Tbilisi-Kars project.

    The foreign ministers of the two countries signed a convention for the avoidance of taxation between Azerbaijan and Spain.

    Translated by S.I.

    Edited by S.I.

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    11
  • President Ilham Aliyev to attend Eastern Partnership summit in Prague
    23.04.2014 11:15
    http://www.topnews.az/images/logo.png
    http://www.topnews.az/images/logo.png
    President of Azerbaijan Ilham Aliyev is to take part in the Eastern Partnership summit due in Prague.

    The statement came from Azerbaijan's Foreign Minister Elmar Mammadyarov.

    The summit dedicated on the fifth anniversary of EU's Eastern Partnership program is due to be held on 24-25 April.

    The Armenian president is also expected to attend the summit.

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  • SOCAR to sign Turkey refinery loan in May
    23.04.2014 11:07
    http://en.trend.az/article_photo/2012/09/24/Tengiz_oil_plant_240912.jpg
    http://en.trend.az/article_photo/2012/09/24/Tengiz_oil_plant_240912.jpg
    Baku, Azerbaijan, April 23

    By Aygun Badalova -Trend:

    The State Oil Company of Azerbaijan (SOCAR) expects to sign an agreement for a $3.5 billion loan to construct a refinery in Turkey in May, Bloomberg reported with the reference to the chief executive for the company's Turkish unit Kenan Yavuz.

    In early April it was reported that SOCAR has completed the negotiations with banks regarding the participation in financing the project for construction of a new Star refinery in Turkey.

    "Most of the $3.5 billion package, arranged by the Turkish unit of Unicredit SpA (UCG), Italy's biggest lender, will be provided by 15 international lenders with guarantees from export credit agencies, or ECAs, of six countries", Yavuz said.

    The package will finance the construction phase of the project and the total financing bill will exceed $3.5 billion including costs from the post-construction period, according to him.

    Earlier, Turkish Denizbank expressed its readiness to allocate some $500 million for implementation of this project. The State Oil Company of Azerbaijan appealed to the Turkish bank after rejection by the European Bank for Reconstruction and Development (EBRD) and the International Finance Corporation (IFC) to finance the project.

    SOCAR Turkey Yatirim JSC was established with an authorised capital of $1.9 billion and a 40 percent public share, in accordance with the decree of Azerbaijani President Ilham Aliyev on additional measures to support the participation of the Azerbaijani side in the Star refinery construction project in Turkey. The public share at 40 percent worth $760 million in JSC will be funded by the State Oil Fund of Azerbaijan (SOFAR) according to the decree.

    Some $ 475 million were allocated from the State Oil Fund of Azerbaijan to finance this project.

    SOCAR and a consortium of companies signed an EPC- contract (Engineering, procurement and construction) for the Star refinery construction in May 2013.

    An alliance of Tecnicas Reunidas SA, Saipem SpA, GS Engineering amp; Construction Corp and Itochu companies became the winner of the tender for the refinery construction. It is planned to process such crude oil as Azeri Light, Kerkuk and Urals at the refinery.

    The annual naphtha production volume, used by Petkim as the main raw material, will hit 1.66 million tons at the Star refinery.

    Along with naphtha, the new refinery will produce diesel fuel with ultra-low sulfur to the amount of 5.95 million tons, aviation kerosene - 500,000 tons, reformate - 500,000 tons, petroleum coke - 630,000 tons, liquefied gas - 240,000 tons, mixed xylene - 415,000 tons, olefin LPG - 75,000 tons and 145,000 tons of sulfur. The refinery will not produce petrol and fuel oil.

    The refinery is planned to be commissioned in 2017.

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    8
  • Iran waiting on Armenia to assess changes in joint power plant project
    23.04.2014 11:06
    http://en.trend.az/article_photo/2012/05/23/Rogun_ges_230512.jpg
    http://en.trend.az/article_photo/2012/05/23/Rogun_ges_230512.jpg
    Baku, Azerbaijan, April 23

    By Umid Niayesh - Trend:

    Iran has reviewed the joint project of hydroelectric power plant over the Aras River and has made some changes to it.

    Iran is planning to implement the project with Armenia.

    The applied changes are minor, no serious changes have been made to the project, managing director of Iran Water and Power Resources Development Company Mohammad Reza Rezazadeh said, Iranian Mehr news agency reported on April 23.

    Iran has informed the Armenia about the revisions and their experts are studying the project, he added.

    The Armenian experts who were worked on the project during the former Soviet Union period already have confirmed validity of Iranian experts' revisions, he underlined.

    Rezazadeh went on to say that if Armenia approves the reviewed project, the implementation will begin.

    In 2012, Iran and Armenia agreed on construction of a joint hydro-electric power plant on the Aras River, which borders the two countries.

    Iran's then energy minister Majid Namjou and Armenian President Serzh Sarksyan attended in the project's groundbreaking ceremony in Nov. 2012, however its construction has been delayed so far.

    Upon completion, the plant will be able to produce 260 megawatts of power, and includes two 130-megawatt plants, one in Iran and the other one in Armenia, according to the Iranian media outlets.

    Armenia and Iran are scheduled simultaneously start the power plant construction in former's Meghri and latter's Qarachilar regions.

    The project is financed with $ 560 million and $500 million in credits respectively from Armenia and Iran.

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    7
  • Azerbaijani ambassador presents credentials to Sultan of Oman
    23.04.2014 10:59
    http://www.azertag.com/sites/default/files/1398173342.jpg
    http://www.azertag.com/sites/default/files/1398173342.jpg
    Azerbaijani ambassador to the Kingdom of Saudi Arabia, Bahrain, Oman and Yemen Rasim Rzayev has handed over his credentials to Sultan of Oman Qaboos bin Said Al Said.

    During the ceremony, the ambassador said there was huge potential for enhancing cooperation between the two countries, adding Azerbaijan attached great importance to developing its relationship with Oman.

    Sultan Qaboos bin Said Al Said expressed confidence that the ambassador`s tenure would contribute to strengthening bilateral ties.

    Rzayev praised Oman`s supporting Azerbaijan`s position in international organizations.

    The ambassador noted it was important that the two countries open diplomatic missions, adding "this will certainly contribute to expanding our bilateral relations".
    7
  • Peace symphony at Atletico vs Chelsea spectacle
    23.04.2014 10:50
    http://www.today.az/pictures/pic132939.jpg
    http://www.today.az/pictures/pic132939.jpg
    ose Mourinho's Chelsea exerted a tactical stranglehold on hosts Atletico Madrid to earn a goalless draw in the first leg of their Champions League semifinal Tuesday.

    If the expectant capacity crowd in the Vicente Calderon were anticipating a night of free-flowing football then they would have quickly become disillusioned as Mourinho's men restricted Atletico to few chances.

    Chelsea, who entertain the Spanish League leaders in the return leg in London next Wednesday, also had to cope with losing goalkeeper Petr Cech and captain John Terry to injury in each half, but Atletico were unable to take full advantage.

    After central defensive lynchpin Terry limped off, Atletico had their best spell with Gabi forcing a fine save from Cech's veteran replacement Mark Schwarzer while Raul Garcia and substitute Arda Turan headed wide from Juanfran crosses.

    Chelsea's Fernando Torres, returning to the club where he spent six successful years, cut a lone figure up front for the English Premier League side and aside from one fine run and shot had barely a sight of goal.

    Torres' Atletico counterpart, Diego Costa, who has been linked with a big money move to Chelsea, was also largely frustrated aside from two late headers, the first blocked by Gary Cahill, the second, better chance, headed straight at the excellent Schwarzer.

    The 41-year-old Australian told ITV Sport after the draw that it had been a job well done.

    "We knew if we could match their determination, that our quality could come through. We didn't create too many chances, but we did a good job tonight," he said.

    "It's very tough for the second leg but we've got to take each game as it comes. Before that, we've got a massive game at Liverpool on Sunday."

    Chelsea, who must win at league leaders Liverpool to revive fading English Premier League title hopes, will be hoping to reach a second Champions League final in three years with their home leg against Atletico still to come.

    But they will have to do without Cech, who dislocated his shoulder after falling awkwardly in tipping over an early corner, and Terry, who limped off in the 72nd minute.

    The bad news was confirmed by Mourinho. "Petr Cech's season over. Don't ask me technically, but season over," he said. "And John (Terry) -- we have to play the final for him to play with us."

    Chelsea will also be missing midfielders Frank Lampard and Jon Obi-Mikel for the second leg after picking up yellow cards, the same fate also befalling Atletico's Gabi.

    Atletico, who were beaten finalists to Bayern Munich in the 1974 final of Europe's premier club competition, will return to league action with a match against Valencia Sunday as they bid to hold off Real Madrid and Barcelona in La Liga.

    Their city rivals Real play reigning title holders Bayern Munich in the Spanish capital Wednesday in the second semifinal of the Champions League.

    /CNN/
    10
  • Diversification of gas supply sources to Europe to make them more reliable
    23.04.2014 10:44
    http://en.trend.az/article_photo/2012/12/08/gas_line_081212.jpg
    http://en.trend.az/article_photo/2012/12/08/gas_line_081212.jpg
    Baku, Azerbaijan, April 23

    By Emil Ismayilov - Trend:

    Liquefied gas supplies from the U.S. to Europe will not affect the export of Azerbaijani gas to the European market, U.S. ambassador to Azerbaijan Richard Morningstar told journalists in Baku on April 23.

    "We are considering the issue of liquefied gas supplies from the U.S. to Europe," the diplomat said. "This will have no effect on gas exports from Azerbaijan."

    "The diversification of gas supplies to Europe from various sources will ensure the reliability of its "blue" fuel" supply, he said.

    Translated by NH

    Edited by S.I.

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    7
  • AZERNEWS releases another print issue
    23.04.2014 10:39
    http://en.trend.az/article_photo/2014/04/23/azernews_230414_1.jpg
    http://en.trend.az/article_photo/2014/04/23/azernews_230414_1.jpg
    A new print edition of the AZERNEWS online newspaper was released on April 23.

    The new edition includes articles about Shamkir Chess 2014 tournament in a memory of world-famous Azerbaijani grandmaster Vugar Gashimov, the military cooperation between Azerbaijan and Russia, starving future of Armenia, establishment of the temporary parking in Baku, as well as about upcoming concert of world-famous violinist Itzhak Perlman in Baku and etc.

    AZERNEWS is an associate member of the World Association of Newspapers and News Publishers (WAN-IFRA).

    The online newspaper is available at www.azer
    10
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