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The 9th Ministerial Meeting of the Southern Gas Corridor Advisory Council will be held in Baku on February 3, Azerbaijan’s Ministry of Energy told AZERTAC. The event will be attended by ministers of a number of countries, representatives of international energy companies and others ...

Oil & gas 2023-01-25 13:50:00

Head of the Azerbaijan Export and Investment Promotion Agency (AZPROMO) Yusif Abdullayev and Managing Director of German Federal Association for Economic Development and Foreign Trade (BWA) Urs Unkauf discussed prospects for cooperation on the sidelines of the "International Green Week" in Berlin ...

Economy 2023-01-25 12:36:00

Oil prices have increased on the world markets. On London ICE (InterContinental Exchange Futures) cost of the Brent crude oil rose $0.29 to trade at $86.42, while the price of the Light crude oil at the NYMEX ...

Oil & gas 2023-01-25 12:30:00

President of the State Oil Company of Azerbaijan (SOCAR) Rovshan Najaf has met with Regional Director of the International Finance Corporation (IFC) for Europe Rana Karadsheh. During the meeting, the sides hailed successful development ...

Economy 2023-01-25 12:24:00

President of the State Oil Company of Azerbaijan (SOCAR) Rovshan Najaf has met with Regional Director of the International Finance Corporation (IFC) for Europe Rana Karadsheh. During the meeting, the sides hailed successful development ...

Economy 2023-01-25 12:24:00

One of the main strategic points of the targeted activities carried out towards the restoration and reconstruction of the territories liberated from occupation is to ensure that Azerbaijani citizens are resettled to their native lands as soon as possible and in complete safety ...

Transport 2023-01-24 20:01:00

Partıcıpatıon of Hungarian companies in rebuilding of the liberated lands has been a topic of discussions, Economy Minister Mikayil Jabbarov said. “I and Hungarian Minister of Foreign Affairs and Trade Péter Szijjártó underlined the importance of initiatives contributing ...

Economy 2023-01-24 18:42:00

The delegation of the Turkish Radio and Television Corporation (TRT) has wrapped up its mission in Azerbaijan. The Turkish delegation invited by the Azerbaijan`s Ministry of Digital Development and Transport conducted technical inspection and radio monitoring of the radio and television ...

ICT 2023-01-24 14:58:00

Azercosmos has signed a collaboration agreement on long-term projects with CommCarrier Satellite Services Limited, the provider of satellite services in the Republic of Kenya. Based on the agreement, starting today, Internet services by Azerspace-2 satellite ...

ICT 2023-01-24 14:50:00

Azerbaijani oil price has increased on the world markets. The price of a barrel of Azeri Light crude oil rose $2.2 to trade at $92.11 ...

Oil & gas 2023-01-24 13:08:00

On London ICE (InterContinental Exchange Futures) cost of the Brent crude oil fell $0.12 to trade at $88.07, while the price of the Light crude oil at the NYMEX (New York Mercantile Exchange) increased $0.02 to stand at $81.64 ...

Oil & gas 2023-01-24 11:59:00

On the sidelines of the FITUR fair in Madrid, Spain, Chairman of Azerbaijan`s State Tourism Agency (STA), Fuad Naghiyev, has met up with the Minister of Tourism and Telecommunications of Andorra, Jordi Torres Falcó, as well as Deputy Minister of Tourism of Bulgaria, Irena Georgieva, and Secretary-General ...

Tourism 2023-01-23 20:59:00

“Throughout 2022, an increase in the funds allocated to the fixed capital from domestic sources amounted to 13.8%, compared to 2021,” said Azerbaijan’s Minister of Economy Mikayil Jabbarov. “The funds allocated to the fixed capital by the state-owned organizations grew by ...

Economy 2023-01-23 20:29:00

Operational activities have started in preparation for spudding a new appraisal well on the Azeri-Chirag-Gunashli structure. The well is for acquiring data about the deep-lying gas reservoirs beneath the currently producing oil field, bp told AZERTAC ...

Oil & gas 2023-01-23 18:36:00

“İt has been two years since the establishment of the Economic Zone Development Agency. The agency granted residency to 30 companies in industrial zones,” said Azerbaijan’s Minister of Economy Mikayil Jabbarov. “These companies produced nearly 5.2 billion manats worth of products ...

Economy 2023-01-23 18:26:00

The low-cost airline Buta Airways, a part of AZAL CJSC, opens a new destination in its route network from Baku to Volgograd as part of the development of the flight program. Flights are scheduled three times a week from March 16. Flights will be operated weekly ...

Transport 2023-01-23 16:43:00

“Positive trend continues in the dynamics of the GDP in Azerbaijan,” Azerbaijan’s Minister of Economy Mikayil Jabbarov said on Twitter. “In 2022, compared to 2021, the GDP grew by 4.6% and reached 133 bln. 825.8 mln. ₼, whilst the GDP in the nonoil-gas sector rose by ...

Economy 2023-01-23 13:50:00

Oil prices have increased on the world markets. On London ICE (InterContinental Exchange Futures) cost of the Brent crude oil rose $0.02 to trade at $87.65, while the price of the Light crude ...

Oil & gas 2023-01-23 10:36:00

Azerbaijan shipped 39 billion 216.9 million cubic meters of gas via main natural gas pipelines in 2022, showing 11.7 percent year-over-year increase. According to the State Statistical Committee, Azerbaijan exported more than 20 billion 803.7 million cubic meters of gas via the Baku-Tbilisi-Erzurum ...

Oil & gas 2023-01-21 15:18:00

Azerbaijan has presented its tourism potential at the FITUR international tourism fair in Madrid, Spain on January 18-22. Azerbaijan`s pavilion features the presentation of the country`s tourism potential, including must-see-places ...

Tourism 2023-01-21 15:13:00