Business
15 October 2009 [09:05]
President of Azerbaijan Ilham Aliyev attended the commissioning ceremony for the “Shusha” tanker at the Baku Yacht Club on Oct. 14.
15 October 2009 [08:36]
On Oct. 14, the State Oil Company of Azerbaijan Republic (SOCAR) and Russia's Gazprom signed a medium-term contract to supply of Azerbaijani gas to Russia.
14 October 2009 [15:27]
The Azerbaijani mobile operators appealed to the Azerbaijani Communications and Information Technologies Ministry for a license to provide telecommunications services in a 3G standard, Azerbaijani Communications and Information Technologies Minister Ali Abbasov told reporters.
14 October 2009 [11:39]
14 October 2009 [11:22]
Ruling New Azerbaijan Party (NAP) has determined all candidates forthe coming municipal elections.
14 October 2009 [10:26]
Baku is hosting II International Banking Conference of the Commonwealth of Independent States (CIS) "Enhancing the stability of the financial and banking systems of the Commonwealth."
14 October 2009 [09:04]
Head of the Azerbaijan Chamber of Auditors Vahid Novruzov and his Uzbek counterpart Ravshan Haydarov signed a cooperation agreement on Oct. 13.
13 October 2009 [17:47]
13 October 2009 [16:49]
The OPEC oil producers' cartel on Tuesday upgraded slightly its forecasts for world oil demand growth both this year and next year as the outlook for the global economy continues to improve, AFP reported.
13 October 2009 [15:48]
Baku-Damascus flights are planned to be launched by late October in an effort to develop tourism ties between Syria and Azerbaijan, Syrian Culture Minister Riad Nasan al-Agha told reporters in Baku.
13 October 2009 [14:54]
Azerbaijan will attend a meeting of the maritime administration leaders of the International Maritime Organization (IMO) member states to be held in New York on Oct.15-21, the Azerbaijani State Maritime Administration said.
13 October 2009 [13:53]
The European Bank for Reconstruction and Development (EBRD) plans to invest over $200 million in Azerbaijani economy in 2010, head of EBRD office in Azerbaijan Francis Daley said.
13 October 2009 [13:38]
The Azerbaijan Railways Joint Stock Company (JSC) has submitted proposals to the Tariff Council to increase prices for passenger traffic, Chief of the Azerbaijan Railways Arif Asgarov said.
12 October 2009 [15:52]
The State Oil Company of Azerbaijan Republic (SOCAR) held a ceremony of official opening of its representative office in Kiev on Oct. 12.
12 October 2009 [12:47]
Azerbaijan's real estate market is experiencing stability, CEO of MBA Group consulting company Nusrat Ibrahimov said.
12 October 2009 [11:28]
On Oct. 28, the sea passenger transport will be resumed between the Iranian port of Anzali and Azerbaijani port of Baku, the source at the Baku International Sea Trade Port said on Oct. 8.
12 October 2009 [11:17]
12 October 2009 [11:09]
The Central Bank of Azerbaijan has issued a license to the Azerbaijani national postal operator LLC Azerpocht to provide financial services to the public, Minister of Communications and Information Technologies Ali Abbasov said on Oct. 9.
10 October 2009 [10:42]
Azerbaijan hosted the 7th meeting of the coordinating council of rehabilitation, reconstruction and construction of the Baku-Tbilisi-Kars railway, which discussed the construction and rehabilitation of the section from Marabda to the border of Turkey.
09 October 2009 [17:54]
Baku Declaration was approved in Baku on Oct. 9 as a result of the international forum of Sovereign Wealth Funds to continue development of stable financial system and free capital and investments movement.
09 October 2009 [16:48]
Delegation of the Azerbaijani State Committee on Standardization, Metrology and Patents attended the meeting of the director generals of the European Commission for Internal Market and Services held in Brussels, the committee said on Oct.9.
09 October 2009 [16:32]
The State Commission of Azerbaijan has received a new Shusha tanker, built in the Russian shipyard Krasnoe Sormovo (Nizhny Novgorod) upon the order of the Azerbaijan State Caspian Shipping Company (CSC). It is planned to launch this ship next mid-week, the CSC said on Oct. 9.
09 October 2009 [16:14]
Presidents of the Commonwealth of Independent States (CIS) agreed to take joint measures to combat the results of the global financial crisis at a Chisinau meeting on Oct. 9.
09 October 2009 [10:41]
Media reports claiming that construction of the Baku-Tbilisi-Kars railway has stopped are not true, Azerbaijani Transport Ministry Spokesperson Namiq Hasanov said.
09 October 2009 [08:47]
08 October 2009 [17:38]
Iran can not be considered as a possible supplier of gas for the Nabucco gas pipeline project, U.S. Deputy Secretary of Energy Daniel B. Poneman said in Astana.
08 October 2009 [15:37]
According to the forecasts of the State Oil Company of Azerbaijan (SOCAR), Azerbaijan will transport about 5 million tons of Kazakh oil in 2009, KazTAG reported quoting Adviser to the President of SOCAR Murad Heydarov as saying on Oct.8.
08 October 2009 [15:22]
Azerbaijan’s Minister of Agriculture Ismet Abasov has met with a delegation led to Baku by Kim Jong Jin, Director General of South Korea’s Ministry of Food, Agriculture, Forestry and Fisheries.
08 October 2009 [14:18]
The Azerbaijani Ministry of Labor and Social Protection has held 53 employment fairs nationwide including Nakhchivan Autonomous Republic in Jan.-Aug., the ministry said on Oct. 8.
08 October 2009 [13:34]
Head of the Azerbaijani mission of the International Monetary Fund (IMF) Koba Gvenetadze terminates his activity in Azerbaijan on Oct. 9.
08 October 2009 [12:38]
Georgia’s new economy minister Zurab Pololikashvili will make a business trip to Baku on Oct. 8.
08 October 2009 [11:54]
In mid-November 2009, Baku will host a seminar on "Marine highways of the Sea (MoS) of the Black Sea and the Caspian Sea" as part of the TRACECA transport corridor, said Akif Mustafayev, TRACECA National coordinator from Azerbaijan.
08 October 2009 [10:55]
Azerbaijan will increase its gas output to 40-45 billion cubic meters per year in the next ten years, KazTAG reported quoting Adviser to State Oil Company of Azerbaijan (SOCAR) President Murad Heydarov as saying.
07 October 2009 [11:18]
The State Oil Company of Azerbaijan Republic (SOCAR) assigned taxes worth 711 million manat to the state budget in Jan.-Sept. 2009, according to the company’s Web site.
07 October 2009 [09:22]
The price of gold has hit a new all-time high of $1,036.60 an ounce after a decline in the dollar boosted the attractiveness of metals to investors, BBC reported.
06 October 2009 [15:34]
“The significant development in Nabucco project can be expected next year”, Hungary’s special envoy on Nabucco project Mikhay Mayer said during the round table on Nabucco project organized by the Strategic Research Center under the President of Azerbaijan.
06 October 2009 [15:04]
Azerbaijan President Ilham Aliyev has today visited the “Caspian-Agro” International Agriculture, Food Processing and Packaging Exhibition at the Heydar Aliyev Sport and Concert Complex.
06 October 2009 [14:46]
Partners on the implementation of the European pipeline project doubt in Iran's readiness to start exporting its gas through Nabucco.
06 October 2009 [13:17]
In near future the energy flows from the Caspian Sea region will bypass Armenia, Robert Cutler, an expert for South Caucasus and Central Asia, Professor at University of Michigan, told reporters at the Caucasus Institute in Yerevan on Oct. 6.
06 October 2009 [12:41]
'Caspian Agro-2009' exhibition held in Baku is an indicator of the dynamic development of agriculture in Azerbaijan, Azerbaijani Agriculture Minister Ismat Abbasov said at the opening ceremony of the exhibition on Oct. 7.
06 October 2009 [11:34]
Oil transportation via the Dnepr pipelines to the Kremenchug oil refinery plant (ORP) is a good example of the Azerbaijani oil supplies to Ukraine, Ukrainian Ambassador in Azerbaijan Boris Klimchuk said on Oct.5.
06 October 2009 [11:08]
The International Monetary Fund has recalled its resident representative in Azerbaijan.
06 October 2009 [09:11]
U.S. sees Azerbaijani Shah Deniz field, as well as other sources in the Caspian Sea, including those belonging to Turkmenistan as potential suppliers of gas to fill up Nabucco pipeline, U.S. Deputy Secretary of Energy Daniel B. Poneman said.
05 October 2009 [14:51]
Turkey backs Qatar's participation in the Nabucco pipeline project, Zawya reported with the reference to Murat Yalcintas, the chairman of the Istanbul Chamber of Commerce.
05 October 2009 [14:39]
The volume of investments in Azerbaijan’s economy under the PSA (Production Shearing Agreement) signed with foreign oil and gas companies are estimated at $60 billion, State Oil Company of Azerbaijan Republic (SOCAR) President Rovnag Abdullayev said in an interview with Region+ magazine.
05 October 2009 [13:44]
Last week (Sept. 28-Oct. 2), the average world price of 13 major varieties of oil has kept the corridor $64.6-$67.8 per barrel.
05 October 2009 [12:17]
Israel’s largest defense electronic company Elbit Systems has opened its office in Azerbaijan.
05 October 2009 [11:46]
Azerbaijan can supply around 7 billion cubic meters of natural gas to be transported through Nabucco, "when and if the pipeline becomes operational", Assistant Vice President of SOCAR (State Oil Company of Azerbaijan) Vitaliy Baylarbayov said at the Black Sea Energy and Economic Forum in Bucharest.
05 October 2009 [11:31]
Russia still remains one of the major trade partners of Azerbaijan, and exports to Azerbaijan occupies a leading position with a percentage of 17.5 percent, said the trade representative of Russia in Azerbaijan Yuri Shedrin at the meeting of Azerbaijan-Russia Chamber of Business Cooperation on Oct 2.
05 October 2009 [10:49]
Azerbaijan and the U.S will discuss regional energy issues in Baku.
05 October 2009 [10:33]
03 October 2009 [10:39]
The first gas, most likely from Iraq, will flow through the Nabucco gas pipeline in the fourth quarter of 2014, the consortium confirmed on Thursday and said it hopes for further supply from Azerbaijan in 2015 or 2016, Reuters reported.
03 October 2009 [08:21]
02 October 2009 [17:22]
The U.S. Energy Information Administration Administrator Richard Newell spoke with Trend Capital in an exclusive interview.
02 October 2009 [15:34]
02 October 2009 [13:53]
The international arbitrage has rejected the suit worth $740 million against the Azerbaijani government filed by Dutch companies, including Azpetrol İnternational Holdings B.V., Azpetrol Oil Services Group B.V. and Azpetrol Group B.V., as well as Fondel Metal Participations B.V., the Azerbaijani Ministry of Economic Development said on Oct. 1.
02 October 2009 [13:34]
Bread prices should be reduced in Azerbaijan, Agriculture Minister Ismat Abbasov said on Oct. 2.
02 October 2009 [11:57]
PhD candidate at Bordo-based Institute of Political Studies Samuel Lussac spoke to Day.Az in an interview.
02 October 2009 [11:38]
European participants of the Nabucco gas pipeline project hope that Azerbaijan and Iraq will become the first supplier of gas to the pipeline at the end of 2014, Nabucco consortium Director General Reinhard Mitschek said in Vienna on Oct. 1.
02 October 2009 [10:17]
From Jan. 1, 2010, the State Oil Company of Azerbaijan Republic (SOCAR) will export 1.5 million cubic meters of Azerbaijani gas to Russia per day, said Nazim Samadzade, First Deputy Head of Azerigas Production Unity (PU) of SOCAR.
02 October 2009 [09:12]
02 October 2009 [08:44]
The first meeting of Azerbaijan-India intergovernmental commission will be held in Delhi by the yearend, Indian ambassador to Azerbaijan Debnat Show said at the news conference.
01 October 2009 [16:55]
India has offered Azerbaijan Airlines (AZAL) to open direct flights between Azerbaijan and India, Indian ambassador to Azerbaijan Debnat Show said.
01 October 2009 [12:58]
The protocol was approved at the sixth meeting of Azerbaijani-Kazakh inter-governmental commission on economic cooperation in Baku.
01 October 2009 [09:33]
Crude prices jumped nearly 6 percent on Wednesday after government data showed an unexpected drop in gasoline inventories, Xinhua reported.
01 October 2009 [09:04]
The State Oil Company of Azerbaijan (SOCAR) has completed the dredging work on its own Black Sea terminal in Kulevi, which will allow receiving tankers with dead weight of 104,000 ton, a source at the port said.
01 October 2009 [08:56]
Upon decision by Tariff (Price) Council of Azerbaijan, from Oct. 1 the tariffs on passenger service in the Baku Metro will be tripled, the Ministry of Economic Development of Azerbaijan said on Sept. 30.
30 September 2009 [14:40]
The recession has hit middle-income and poor families hardest, widening the economic gap between the richest and poorest Americans as rippling job layoffs ravaged household budgets, AP reported.
30 September 2009 [10:45]
The idea of establishing a regional financial center, which has been discussed since 2007 by Baku and Tbilisi Interbank Currency Exchange, has been frozen, manager of Baku Inter-Bank Currency Exchange Farhad Amirbayov said.
30 September 2009 [09:53]
Azerbaijan State Oil Company (SOCAR) produced 5 billion cubic meters of gas in Jan.-Aug. 2009.
30 September 2009 [09:10]
29 September 2009 [17:34]
Azerbaijan in terms of energy is of great importance for Europe, believes Robert Cutler, Senior Research Fellow at the Institute for the European, Russian and Eurasian Studies at the Carleton University of Canada.
29 September 2009 [16:35]
Azerbaijan and France will launch cooperation in the field of tourism, Minister of Culture and Tourism of Azerbaijan Abulfas Garayev said.
29 September 2009 [16:10]
A total of 20 hotels have been into operation in Azerbaijan since the beginning of the year, Azerbaijani Culture and Tourism Minister Abulfas Garayev said at a news conference.
29 September 2009 [14:14]
The number of tourists travelling to Azerbaijan increased by 0.3 percent in Sept. compared to the same month of last year.
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