Ukraine is set to be high on the agenda when US President Joe Biden holds a hotly-anticipated summit with his Russian counterpart Vladimir Putin in Switzerland on June 16.

The financial details of the cooperation between Ferkensco and Gazprombank have not yet been disclosed, though Ferkensco will implement both projects.

Baku is livid about what it says is Armenia’s refusal to hand over maps of mined areas or even discuss the issue.

Azerbaijan and Turkmenistan in January signed a breakthrough agreement on the exploration and development of the Dostlug field.