• 3 minutes e-car sales collapse
  • 6 minutes America Is Exceptional in Its Political Divide
  • 11 minutes Perovskites, a ‘dirt cheap’ alternative to silicon, just got a lot more efficient
  • 2 days The United States produced more crude oil than any nation, at any time.
  • 7 days e-truck insanity
  • 3 days How Far Have We Really Gotten With Alternative Energy
  • 6 days Oil Stocks, Market Direction, Bitcoin, Minerals, Gold, Silver - Technical Trading <--- Chris Vermeulen & Gareth Soloway weigh in
  • 5 days James Corbett Interviews Irina Slav of OILPRICE.COM - "Burn, Hollywood, Burn!" - The Corbett Report
  • 6 days The European Union is exceptional in its political divide. Examples are apparent in Hungary, Slovakia, Sweden, Netherlands, Belarus, Ireland, etc.
  • 7 days Biden's $2 trillion Plan for Insfrastructure and Jobs
  • 7 days "What’s In Store For Europe In 2023?" By the CIA (aka RFE/RL as a ruse to deceive readers)
  • 10 days Bankruptcy in the Industry
Oil Fund Withdrawals Suggest Extended Price Rally

Oil Fund Withdrawals Suggest Extended Price Rally

Investors are ditching the oil…

China Exports Gasoline Using Blockchain In Unprecedented Move

China Exports Gasoline Using Blockchain In Unprecedented Move

China’s Sinochem Energy Technology Co has…

Uzbekistan Tightens Relations With Turkey With New Freight Route

An inaugural freight train carrying goods from Turkey’s western Mediterranean shores to the heart of Uzbekistan arrived at its destination in Tashkent over the weekend, the Uzbek state-run railway company has said in a statement.

A train pulling 40 carriages loaded with household appliances and refrigeration equipment was met by a welcoming committee following a trip that saw it travel through Iran and Turkmenistan.

The four-nation, 4,500-kilometer route was devised jointly by the state railway companies of Uzbekistan and Turkey.

That this trip happened at all appears to be fruit of discussions at the Organization of Turkic States heads of state summit held in Samarkand, Uzbekistan, on November 11. As the Uzbek railways company said in its statement, “an agreement was reached on the creation and development of new transport transit corridors” at the summit.

No information is forthcoming about how long it took for the train to reach its final destination, but the route appears to present some intriguing possibilities. The 40 carriages departed from the Aegean port city of Izmir, which is in turn a 10-hour sail from the mainly Chinese-controlled port of Piraeus in Greece – one of the largest ports of its kind in Europe.

One roughly analogous transportation corridor described by Uzbekistan’s Investments and Foreign Trade Ministry envisions Tashkent being linked to Sofia in Bulgaria, via Istanbul, across a 5,150-kilometer, two-week route that takes in a crossing of the Caspian Sea.

But with Kazakhstan seemingly poised to make more sustained used of already-crowded trans-Caspian routes, the alternative option of going a shorter distance overland through Iran looks alluring.

By Eurasianet.org


More Top Reads From Oilprice.com:

Join the discussion | Back to homepage

Leave a comment

Leave a comment

EXXON Mobil -0.35
Open57.81 Trading Vol.6.96M Previous Vol.241.7B
BUY 57.15
Sell 57.00
Oilprice - The No. 1 Source for Oil & Energy News