Azerbaijan's state oil company, SOCAR, will receive a $1.5 billion loan from Russia's Lukoil as part of a deal to supply crude oil to SOCAR's oil refinery in Turkey.
Berdymukhamedov the elder's insistence on stealing his son's limelight makes it hard to know who is truly running the country. This and more in this week's Akhal-Teke Bulletin.
Expansion of the Southern Gas Corridor pipelines carrying Azerbaijani gas to Europe is on hold pending confirmation that Europe will buy the gas. Baku's offensive to retake Nagorno-Karabakh could further complicate things.
Russian diplomacy and Turkmenistan's evolving foreign relations amidst president Berdymukhamedov’s growing influence. And more in this week's Akhal-Teke Bulletin.