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.
Socar will give German co. more time to explore Nakhchivan structure in Caspian Sea after considering taking structure back, First VP Xosbaxt Yusifzada says at energy conference today in Baku. * RWE general manager for new ventures Martin Wellens says: “With regard to the entire project cycle, we are still in a good shape” * RWE to complete 3D seismic reprocessing within next weeks, analyze data over ~2 mos., discuss next steps with Socar
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.