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.
Russian diplomacy and Turkmenistan's evolving foreign relations amidst president Berdymukhamedov’s growing influence. And more in this week's Akhal-Teke Bulletin.
Analysts say that, while an Erdogan defeat would be a preferable outcome for Armenia, a change of power in Turkey would not necessarily be a game changer.
Exports of Azerbaijani oil via the Black Sea were restarted but only temporarily, while exports of Russian crude oil through Azerbaijan have finally been halted due to EU sanctions.
Armenian experts expect Yerevan and Ankara will continue to take small steps toward each other. But Baku is unlikely to sit idly by as its top strategic partner and its archrival seek an understanding.
Tightening internet controls as families desperately try to reach loved ones in Turkey, bogus economic performance figures, and Berdymukhamedov the elder visits the Gulf. Our weekly Turkmenistan briefing.
