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“We need to embark on the second phase of the International Trade Seaport, to expand this port. I was recently informed that we no longer have the capacity to transship cargo passing through our territory because we built the international trade seaport in accordance with the volumes of cargo of that period ...

Transport 2022-07-16 13:13:00

Azerbaijani oil price has increased on the world markets. The price of a barrel of Azeri Light crude oil rose $6.24 to trade at $118.22 ...

Oil & gas 2022-07-16 11:24:00

Oil prices have increased on the world markets. On London ICE (InterContinental Exchange Futures) cost of the Brent crude oil rose $2.06 to trade at $101.16, while the price of the Light crude oil at the NYMEX ...

Oil & gas 2022-07-16 11:21:00

In June 2022, daily oil production (including condensate) in Azerbaijan amounted to 632,400 barrels, including 523,500 barrels' crude oil and 108,900 barrels' condensate, the Ministry of Energy told AZERTAC. The agreement reached at the 28th Ministerial Meeting of Opec and non-OPEC ...

Oil & gas 2022-07-15 14:23:00

Chairman of the Board of Azerbaijan’s Small and Medium Business Development Agency (KOBIA) Orkhan Mammadov has met with Kyrgyz Ambassador to the country Kairat Osmonaliev. During the meeting, the sides discussed the organization of joint meetings with the participation of both countries ...

Economy 2022-07-15 11:46:00

Azerbaijani oil price has decreased on the world markets. The price of a barrel of Azeri Light crude oil fell $2.2 to trade at $111.98. ...

Oil & gas 2022-07-15 11:37:00

Oil prices have increased on the world markets. On London ICE (InterContinental Exchange Futures) cost of the Brent crude oil rose $0.85 to trade at $99.95, while the price of the Light crude oil at the NYMEX (New York Mercantile Exchange) increased $0.48 to stand at $96.26 ...

Oil & gas 2022-07-15 11:29:00

Azerbaijan`s Deputy Minister of Digital Development and Transport Rahman Hummatov has met with a visiting delegation led by Director for the EU`s Eastern Neighbourhood and Institution Building at the European Commission Lawrence Meredith. The meeting was also attended by officials from international financial institutions ...

Economy 2022-07-14 20:27:00

The Shah Deniz partnership is commencing the define stage of a new project which will allow the Shah Deniz Alpha (SDA) platform to receive its power supply from the Shah Deniz Bravo (SDB) platform through a subsea cable, bp told AZERTAC ...

Oil & gas 2022-07-14 20:21:00

Azerbaijani oil price has increased on the world markets. The price of a barrel of Azeri Light crude oil rose $0,27 to trade at ...

Oil & gas 2022-07-14 11:11:00

Ambassador of the Arab Republic of Egypt Hisham Mohamed Nagy Abdel Hamid has visited Azerbaijan’s Small and Medium Business Development Agency (KOBIA), as he met with the Agency’s Chairman of the Board Orkhan Mammadov ...

Economy 2022-07-14 11:08:00

Oil prices have increased on the world markets. On London ICE (InterContinental Exchange Futures) cost of the Brent crude oil rose $0.45 to trade at $100.02, while ...

Oil & gas 2022-07-14 11:01:00

Azerbaijan`s Minister of Economy Mikayil Jabbarov has met with Governor of the Kvemo Kartli region of Georgia Giorgi Dokhturishvili. “During the meeting, we shared our views on the benefits and prospects of successful cooperation between our countries for the development of the economic and trade relation ...

Economy 2022-07-13 19:37:00

Since the beginning of this year, the total passenger traffic of Azerbaijan's international airports has exceeded 2 million people. Only in June this year, 530,000 passengers were served at the airports, which is 96% of the pre-pandemic 2019 levels. The base air carriers of the Baku airport – AZAL and Buta Airways - have carried ...

Transport 2022-07-13 18:00:00

The social initiative developed with the support of the Ministry of Labor and Social Protection of the Population of Azerbaijan, American Chamber of Commerce Public Association of Azerbaijan (AmCham Azerbaijan), “Azercell Telecom” LLC ...

Economy 2022-07-13 17:07:00

Azerbaijan`s Minister of Economy Mikayil Jabbarov has met with Director for Eastern Neighbourhood and Institution Building at the European Commission Lawrence Meredith. “During the meeting, we discussed cooperation with the European Union, creation of a working group ...

Economy 2022-07-13 14:19:00

Schoolchildren got acquainted with new generation digital technologies and company’s approach to customer service The pupils of secondary schools visited Azercell Telecom LLC as part of “Information Technologies Week” organized by ADA University ...

Economy 2022-07-13 13:22:00

Azerbaijani oil price has decreased on the world markets. The price of a barrel of Azeri Light crude oil fell $6.19 to trade at $113.91 ...

Oil & gas 2022-07-13 12:03:00

Oil prices have increased on the world markets. On London ICE (InterContinental Exchange Futures) cost of the Brent crude oil rose $0.10 to trade at $99.59, while the price of the Light crude oil at the NYMEX (New York Mercantile Exchange) increased $0.03 to stand at $95.87. ...

Oil & gas 2022-07-13 11:28:00

Azerbaijan exported 4.3 billion cubic meters of gas to Türkiye in January-June of this year, the Ministry of Energy told AZERTAC. According to the ministry, 23.4 billion cubic meters of natural gas was produced in the country in 6 months of this year. 6.9 bcm of gas ...

Oil & gas 2022-07-12 16:34:00