The Iranian Oil Ministry plans to build a refinery near the Caspian Sea that will process crude from the Sardar Jangal field, the Tehran Times reported, citing Masoud Jahdi, the explorations director of Khazar Oil Co.
Baku's newly opened Fairmont Hotel occupies one of three flame-shaped skyscrapers whose curved facades, come nightfall, transform into giant video screens depicting blazing fires. From the 27th floor, there’s a lovely view of the Azerbaijani capital and its crescent-shaped bay in the Caspian Sea. One evening, an employee joins me at a window near the elevator and directs my gaze to a 162-meter pole topped witha national flag the size of two tennis courts. With evident pride, she tells me it’s the tallest flagpole in the world. In 2010, Azerbaijani President Ilham Aliyev marked its unveiling with an elaborate ceremony featuring scores of goose-stepping soldiers.
A probe into the cause of a leak at Kazakhstan’s largest oilfield depends on inspection of offshore installations that has to wait until ice melts on the Caspian Sea, one of the partners in the project said.