Azerbaijan considers participation in the project Viking Train as the possibility of expanding the containerized freight traffic on the international transport corridor North-South. "The turnover of goods between Northern Europe, Iran, India, Pakistan and Arab countries is high. Construction of the missing link in the chain Astara (Azerbaijan) Astara – Rasht - Kazvin (Iran) will increase the importance of Azerbaijan in this transport corridor," the press service of the State Railways said.
* The combined transport train Viking is a joint project of the railways of Lithuania, Belarus and Ukraine, stevedoring companies and ports Klaipeda, Ilyichevsk and Odessa. The route passes through Ukraine, Belarus and Lithuania and connects the chain of maritime container and piggyback lines of the Baltic region with similar systems of the Black, Mediterranean and Caspian Seas. ---08D
Economics
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The State Oil Company of Azerbaijan (SOCAR), Albania’s Ministry of Infrastructure and Energy, and Albanian gas company Albgaz signed a memorandum of understanding (MoU) on Sunday in Baku during the 29th session of the UN Climate Change Conference (COP 29).
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The Green Energy Corridor project, aimed at delivering green energy from Azerbaijan through Georgia and the Black Sea to Romania, Hungary, and Bulgaria, has entered the investment assessment phase, according to Georgian Deputy Prime Minister and Minister of Economy and Sustainable Development, Levan Davitashvili.
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Azerbaijan’s state oil company SOCAR and Italy’s Italgas signed a cooperation agreement on Sunday during the 29th session of the United Nations Framework Convention on Climate Change (COP29), aimed at accelerating the energy transition.
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Turkey aims to achieve carbon neutrality by 2053, transforming key sectors of its economy in line with a vision of "net-zero emissions and green development," President Recep Tayyip Erdogan announced at COP29 in Baku on Monday.
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