BAKU/09.01.14/TURAN : In accordance with the volume of services rendered to customers the company Pasha Capital in December 2013 picked up the lead in the ranking of brokers market for government and corporate securities (excluding repo operations ) . This month it provided brokerage services in the amount of 138.61 million manat. The second place went to the company Khalg Capital, with the sum of transactions in 89.77 million, third place shifted to Chelsea Capital with brokerage services of 54.65 million manat.
Number of brokers working in the market, compared with the previous month increased by one in December. - 15D -
Economics
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Turkey is in talks with the United States seeking an exemption from sanctions imposed on Russia’s Gazprombank, a key financial institution for energy transactions, to maintain gas payments to Russia, Energy Minister Alparslan Bayraktar said on Tuesday.
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Kazakhstan is charting an ambitious course to transform its oil export infrastructure, aiming to increase annual shipments via the Baku-Tbilisi-Ceyhan (BTC) pipeline by more than thirteenfold—from the current 1.5 million tons to an estimated 20 million tons. The bold strategy, presented by Energy Minister Almasadam Satkaliyev during a parliamentary session, underscores Kazakhstan’s intent to become a major player in the energy supply chain stretching from Central Asia to Europe.
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Two new vice presidents have been appointed at BP's Azerbaijan, Georgia, and Turkey (AGT) region division, according to a press release from BP-Azerbaijan.
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