Business
14 July 2009 [13:33]
Iraqi Prime Minister Nouri al-Maliki promised that his country will fill up Nabucco by half from 2015 by supplying 15 billion cubic meters of gas per year, The Financial Times said.
13 July 2009 [14:32]
Total of 50 Azerbaijani citizens were issued mortgage loans worth 2.56 million manat in the first decade of July.
13 July 2009 [13:55]
"Azerbaijan fully supports the Nabucco gas pipeline project and everything related to it."
13 July 2009 [13:49]
The Nabucco participant countries signed inter-governmental agreement in Ankara on July 13.
13 July 2009 [13:39]
"Iranian gas can be transported to Europe via Nabucco pipeline, if there would be acceptable conditions for this."
13 July 2009 [12:10]
Ural Airlines will open flight from Yekaterinburg to Ganja (Azerbaijan) starting from August 8.
13 July 2009 [11:58]
“The direction of the Nabucco gas pipeline is the major problem for the pipeline."
13 July 2009 [11:26]
Turkish Energy and Natural Resources Minister Taner Yildiz denied Sunday reports that Turkey gave up its right to receive 15 percent of the natural gas supplied via the Nabucco pipeline, saying the country is likely to get a larger share instead, Xinhua reported.
13 July 2009 [11:08]
Russia's aggravating relations with Ukraine and Turkmenistan will give push to construction of Nabucco gas pipeline, Energy Security Analysis analyst Andrew Reed said.
13 July 2009 [09:39]
Russia is free to supply gas to the Nabucco pipeline.
13 July 2009 [09:26]
Iraq does not possess surplus gas to pump via the Nabucco gas pipeline, Spokesperson for the Iraqi government Ali al-Dabbagh said.
11 July 2009 [10:45]
SOCAR Marketing and Economic Operations Department exported nearly 1.229 million tons of oil via Baku-Novorossiysk in January-June 2009.
11 July 2009 [09:33]
European Commission President Jose Manuel Barroso on Friday hailed an agreement to be signed by Turkey and four European Union member states on a gas pipeline project as crucial for EU's energy security, Xinhua reported.
11 July 2009 [09:22]
Georgian President Mikhail Saakashvili will attend Nabucco accord signing ceremony on July 13 as a part of his two-day visit to Ankara, Business Georgia reported.
11 July 2009 [09:07]
President Gurbangulu Berdimuhammedov for the first time announced possibility of gas supply for the Nabucco pipeline project by Turkmenistan.
10 July 2009 [17:14]
Turkey and Azerbaijan discussed prices for natural gas and development of fields.
10 July 2009 [14:58]
Estate Market Participants public union has released results of the monitoring into the first housing market conducted in June 2009.
10 July 2009 [14:39]
Azerbaijani parliament may adopt Customs Code in the autumn session, State Customs Committee First Deputy Chairman Asgar Abdullayev said.
10 July 2009 [13:30]
Azerbaijan plans to enter the World Trade Organization with status of developing country, Azerbaijani Deputy Foreign Minister Mahmud Mammadguliyev said in Geneva at a final meeting of the working group on Azerbaijan’s WTO admission.
10 July 2009 [10:59]
Azerbaijan is prepared to establish long-term business contacts with Turkmen partners, SOCAR President Rovnag Abdullayev said at a meeting with Turkmen President Gurbangulu Berdimuhammedov.
10 July 2009 [10:48]
Azerbaijan, Iraq and Egypt will become the main suppliers to the EU-backed Nabucco gas pipeline, delivering 15 billion cubic meters of gas per year from 2015, Wolfgang Ruttenstorfer, Chief Executive of the Austria’s OMV, member of Nabucco Gas Pipeline International GmbH consortiumm, said.
10 July 2009 [10:34]
Syrian President Bashar al-Assad said at the Azerbaijan-Syria business forum in Baku that Syria will buy Azerbaijani gas.
10 July 2009 [09:43]
World oil prices increased slightly on July 9 on the backdrop of weak demand in large economies.
10 July 2009 [08:44]
Azerbaijani Industry and Energy Minister Natig Aliyev has met with the UAE Foreign Minister Abdullah bin Zayed al Nahyan.
09 July 2009 [16:42]
“State Agency for Control over Consumer Market at the Azerbaijani Economic Development Ministry monitors prices on consumer market twice a week.,” head of the agency Zahid Isayev said.
09 July 2009 [14:06]
Azerbaijani Association of Tourism Agencies is preparing package of proposals to cancel VAT for tourism companies.
09 July 2009 [11:23]
Azerbaijan’s oil refineries produced 2.983 million tons of oil in January-June 2009, according to the SOCAR.
09 July 2009 [08:35]
Total, French oil company, has stopped activity in Azerbaijan.
08 July 2009 [16:30]
Gas supply to Armenia was suspended on July 8.
08 July 2009 [15:07]
Trend Capital interview with SOCAR Marketing and Economic Operations Department (MEOD) Director General Tofig Gahramanov.
08 July 2009 [13:45]
Azerbaijani State Committee for Standardization, Metrology and Patents has appealed all governmental agencies to toughen control over imports of Chinese subquality children’s toys which are harmful for health.
08 July 2009 [12:06]
Nearly 60 hotels operating without license have been shut down in Azerbaijan.
08 July 2009 [11:43]
Presently, the Caspian Sea represents great interest from the point of view of energy issues for many nations, including Russia.
08 July 2009 [10:39]
Oil prices keep on falling for the sixth consecutive days on backdrop of rise in gasoline reserves in the U.S. and fall in stock markets, Bloomberg reported.
08 July 2009 [09:22]
As of June 1, 2009, average interest rate on physical persons’ deposits in national currency reached 12 percent, Azerbaijani Central Bank said.
07 July 2009 [17:58]
Azerbaijan and European Union (EU) signed an agreement on cooperation in the field of aviation, which enables EU air companies to organize flights to Azerbaijan, APA-ECONOMICS reports.
07 July 2009 [15:25]
Belarus Prime Minister Sergei Sidorski will pay one-day visit to Baku to discuss prospects of economic cooperation, the Azerbaijani government said.
07 July 2009 [13:40]
Participants of the Estate Market public union completed the monitoring into situation in the market of non-residential facilities conducted in June in Baku.
07 July 2009 [10:30]
Azerenerji has generated nearly 1.3 billion kilowatt hours of energy in June 2009.
04 July 2009 [10:53]
Total investments in Azerbaijani economy by Turkey has reached $6 billion.
03 July 2009 [17:05]
Azerbaijan is ready for real cooperation in energy security with EU countries, including Romania, Azerbaijani energy minister Natiq Aliyev said at the meeting with Romania's minister of economy Adrian Videanu on July 3.
03 July 2009 [16:27]
According to the CIS Inter-Governmental Statistics Committee, Azerbaijan is the only CIS member state with growth of commercial production which totals 1.3 percent.
03 July 2009 [16:12]
Intergovernmental accord for the Nabucco gas pipeline will be signed on July 13, Romania's Economy Minister sai. Novosti Azerbaijan quoted Reuters as saying.
03 July 2009 [15:13]
Though value of a travel in Baku Metro is 0.65 manat with the current tariff totalling 0.05 manat, the fees will not be increased.
03 July 2009 [12:04]
The State Oil Company of Azerbaijan Republic (SOCAR) launched a supply vessel Caspian Server, built by BUE Caspian Alliance in the Norwegian Simek Plant on July 3.
03 July 2009 [12:02]
Saudi Arabia has issued $25 million in loan for Azerbaijan to restore and expand water supply and sewerage system in Azerbaijan’s Absheron peninsula.
03 July 2009 [11:30]
Bakielektrikshebeke [energy distributor in capital] spokesperson Tanriverdi Mustafayev told Day.az.
03 July 2009 [10:58]
Azerenerji: We have not appealed Tariff Council to up cost of electricity for consumers.
03 July 2009 [10:42]
OPEC forecasts the growth of Azerbaijani oil supplies to 1 million barrels per day in the fourth quarter of 2009. Supplies will hit 960,000 barrels a day in the third quarter of 2009, according to forecasts.
03 July 2009 [10:39]
Azerbaijan will play an important role in providing future energy supplies to Europe, Vice-President of the German company on development of fields Manfred Dworatzek said at the opening ceremony of the RWE Baku office.
03 July 2009 [10:13]
World oil prices significantly dropped on July 2 against the backdrop of disappointing reports on the labor market in the United States, which could hamper the process of rebuilding the world economy.
03 July 2009 [09:14]
Azerbaijani President’s decree on elimination of Azerigaz and transfering it to the SOCAR ownership aims to up efficiency of gas transport and gas supply in country’s regions.
02 July 2009 [17:49]
BSEC deputy foreign ministers are likely to meet in Baku this month. Novosti Azerbaijan quoted organization’s Web site as saying.
02 July 2009 [15:15]
European Union delays implementation of the Eastern Partnership program, Sweden’s Prime Minister Fredrik Reinfeldt said.
02 July 2009 [14:05]
The Turkey-Greece-Italy (TGI) gas pipeline, intended to diversify energy deliveries to Europe is a symbol of cooperation in the region, Greek Foreign Minister Dora Bakoyannis said.
02 July 2009 [11:02]
President of Eurogas Domenico Dispenza spoke with Trend Capital in an exclusive interview.
02 July 2009 [10:35]
A delegation headed by Romanian economy minister is paying an official visit to Azerbaijan, according to AzerTac.
02 July 2009 [10:24]
Azerbaijani Bank of Azerbaijan granted mortgage loan this week for the first time since the moment of renewal of mortgage loan program, the bank said.
02 July 2009 [09:39]
President of Azerbaijan Ilham Aliyev has today received French ambassadors accredited in CIS countries.
02 July 2009 [07:59]
“Official Kiev continues talks with SOCAR to import oil products to Ukraine,” Ukrainian President’s special representative on energy issues Bogdan Sokolovsky told journalists, APA’s correspondent reports from Kiev.
01 July 2009 [12:44]
French energy giant GDF Suez S.A. announced on Tuesday it had acquired a 20 percent stake in the exploration, development and production sharing agreement for the Absheron offshore block in the Azerbaijani sector of the Caspian Sea.
01 July 2009 [08:56]
Azerbaijan’s state oil company SOCAR signed an agreement to sell gas to Gazprom, beginning with a relatively modest 500 million cubic meters per year from January 1, 2010, with supplies expected to increase in the future, said Rovnag Abdullayev, President of SOCAR.
30 June 2009 [09:17]
29 June 2009 [14:49]
27 June 2009 [09:43]
Turkish and European Union officials said on Friday they were optimistic agreement could be reached soon on bringing Turkey into the planned Nabucco gas pipeline project.
27 June 2009 [08:30]
25 June 2009 [17:08]
With support from Azerbaijan’s embassy in the UK, Adam Smith Conferences will be holding the 1st International Azerbaijan Investment Summit in London from December 8th -10th 2009.
25 June 2009 [16:51]
25 June 2009 [09:01]
Azerbaijan and Kuwait are willing to enhance economic cooperation.
24 June 2009 [12:00]
The U.S. Department of State Special Envoy for Eurasian Energy Richard Morningstar spoke in an exclusive interview with Trend News.
24 June 2009 [09:14]
The United States do not give preferences to any pipeline project - either Nabucco or South Stream, said US special envoy on energy issues in Eurasian region Richard Morningstar Tuesday.
23 June 2009 [17:13]
Azerbaijan-China business forum has been organized in Baku by the Chinese federation of industrialists and tradesmen and Azerbaijan Entrepreneurs Confederation.
23 June 2009 [08:39]
Donbassaero company (Donetsk) intends to open a regular Odessa-Baku flight from June 26.
20 June 2009 [11:41]
Azerbaijan foresees its future in use of oil profit to develop non-oil sector of economy despite oil factor plays big role, minister of economic development Shain Mustafayev said.
19 June 2009 [16:30]