Search keyword: Caspian Sea
The Trans-Caspian International Transport Route, also known as the Middle Corridor, is an international transport route that runs through China, Kazakhstan, the Caspian Sea area, Azerbaijan, Georgia, and further to Türkiye and European countries.
Additionally, unpredictable and nontransparent pricing and scheduling, combined with rough Caspian Sea conditions, can result in a truck being stuck at the seaport for a week or even longer.
The Federal Agency for Fishery also reported that in 2023, Russian enterprises released 34.5 million sturgeon juveniles into the Caspian Sea, Kazakhstani enterprises released 1.9 million, and Azerbaijani enterprises released 618,700.
Additionally, improving cargo transportation across the Caspian Sea, including increasing the RO-PAX fleet and modernizing port infrastructure, will reduce waiting times and increase the corridor's attractiveness."
Chinese companies are actively participating in the construction of multimodal transportation within the Trans-Caspian International Transport Route and maintain close contacts with Azerbaijan on issues such as modernization and transformation of Baku Port and vessel production in the Caspian Sea.
Large agreements such as the Contract of the Century for the development of oil and gas fields in the Caspian Sea and the Shah Deniz project are the most prominent examples of public-private sector cooperation.
The World Bank estimates wind energy potential in the Caspian Sea alone at 157,000 megawatts. By 2030, the contracts already signed and those already in operation will give us 6,000 megawatts. So, this is a part of the answer to the question of whether we need a nuclear power plant.
From the start of commercial production on June 30, 2018, to December 1, 2024, the Shah Deniz-2 project in the Azerbaijani sector of the Caspian Sea has produced 11.5 million tons of condensate and 66.6 billion cubic meters of gas, Report informs, citing the State Oil Company of Azerbaijan (SOCAR).
The Trans-Caspian International Transport Route, also known as the Middle Corridor, is an international transport route that runs through China, Kazakhstan, the Caspian Sea area, Azerbaijan, Georgia, and further stretching to Türkiye and European countries.
Among the developers of the "Caspian Orbit" project, which focuses on space monitoring technology and rational transboundary water use to address the Caspian Sea depletion issue, was Vusal Maharramov, a 4th-year Azerbajani student at the Russian University of Economics.