Business
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]
19 June 2009 [14:29]
Azerbaijan’s agency to protect author's rights and the representative office of Microsoft in Azerbaijan are preparing a joint program to combat piracy, said head of the agency Kamran Imanov.
19 June 2009 [10:57]
As at June 1, Azerbaijan’s economically active population reached 4 324 100, of which 4 063 000 are employed, said the State Statistical Committee.
19 June 2009 [09:37]
19 June 2009 [08:55]
In January-May of 2009 investments to country’s oil sector topped over 27% of the total investments into country’s economy, reports Novosti-Azerbaijan with reference to the State Statistical Committee.
18 June 2009 [17:38]
18 June 2009 [16:05]
The European Bank for Reconstruction and Development intends to finance Nabucco gas project, said manager on energy business Riccardo Puliti, according to Bloomberg.
18 June 2009 [14:42]
Transnational companies, functioning in Azerbaijan, mostly hamper the creation of trade unions, said chief of department of labor protection, chief technical inspector of labor at the Confederation of Trade Unions of Azerbaijan Vladimir Argutkin.
18 June 2009 [12:25]
18 June 2009 [08:49]
The Azerbaijan Mortgage Fund, functioning at the Central Bank of Azerbaijan, starts issuing privileged mortgage loans, according to the Azerbaijan Mortgage Fund, Novosti-Azerbaijan reports.
17 June 2009 [12:51]
Central Bank of Azerbaijan together with Azerbaijani training center will hold the forum Governance of risks in commercial banks in terms of global financial crisis on June 20, Azerbaijani training center marketing manager Nazim Mammadli said on June 17.
17 June 2009 [10:48]
Azerbaijan's Industry and Energy Minister Natik Aliyev will visit the capital of Kazakhstan-Astana on June 24-25, said sources in the Kazakh embassy to Azerbaijan.
17 June 2009 [08:56]
The placing of rated non-documentary, ensured, nominal bonds of the Azerbaijani Mortgage Fund started yesterday, according to sources in the Baku Stock Exchange.
17 June 2009 [08:49]
In January-May of this year Azerbaijan's GDP grew 4.4% over the same period of 2008 hitting AZN 11.366 bln (about USD 14.14 bln).
16 June 2009 [10:01]
The capacity of the Baku-Tbilisi-Ceyhan pipeline will be increased from current 1.2 million barrels to 1.6 million barrels per day in 2010, Azerbaijani Industry and Energy Minister Natig Aliyev said.
16 June 2009 [08:39]
A price of $60-70 per barrel of oil is efficient for implementation of investment programs and production of hydrocarbons in Azerbaijan, President of SOCAR Rovnag Abdullayev told journalists on June 15.
12 June 2009 [13:48]
The employees of the state committee on standardization, metrology and patents have taken samples of goods from trade establishments to reveal low quality and smuggle foodstuffs, according to the press service for this committee.
12 June 2009 [09:06]
The German embassy to Azerbaijan in cooperation with the executive powers of Sheki opened the photo exhibition "Germany is a country of tourism".
12 June 2009 [08:29]
Ecology department of the State Oil Company of Azerbaijan held a presentation of the renewed complex studies lab for representatives of BP Azerbaijan.
11 June 2009 [17:39]
11 June 2009 [17:32]
The State Oil Fund of Azerbaijan (SOFAZ) decided to submit fund's 2008 state budget to president for confirmation at Supervisory Board's meeting, the fund said.
11 June 2009 [15:42]
Ministry of Communications and Information Technologies of Azerbaijan plans to begin broadcasting 8-10 programs through one channel in terms of a program on transition to digital television broadcasting in the country, said the Ministry.
11 June 2009 [13:48]
"The State Veterinary Service at the Azerbaijan Ministry of Agriculture continues to import dairy products from Belarus", said spokesman for the State Veterinary Service at the Ministry of Agriculture Yolchu Khanveli.
11 June 2009 [12:44]
Signing of an intergovernmental agreement on Nabucco implementation might be postponed, said Minister of Energy and Natural Resources of Turkey Taner Yildiz.
11 June 2009 [12:24]
BP increased estimates of the proved gas reserves in Azerbaijan by 40 billion cubic meters, to 1.2 trillion cubic meters.
11 June 2009 [10:30]
The 4th New Silk Road Conference was held in Chicago, APA’s US bureau reports.
11 June 2009 [08:57]
The State Service for Control over the consumer market under the Ministry of Economic Development of Azerbaijan held a regular monitoring, according to the Ministry of Economic Development.
10 June 2009 [17:53]
Azerbaijani mortgage fund under the Azerbaijani Central Bank states that there is no limitations for buying both initial and secondary housing given numerous requests of population, the fund said on June 10.
10 June 2009 [12:48]
10 June 2009 [11:09]
Azerbaijan interested in providing energy security, Deputy Foreign Minister Araz Azimov said at an "Energy security: challenges and new opportunities" workshop.
10 June 2009 [09:19]
Interview Day.Az with Energy Commissioner EU Andris Piebalgs
09 June 2009 [14:57]
The automated system of railway tickets sale will be applied in Ganja on June 15, said spokesman of the Azerbaijan Railway Company Nadir Azmamedov.
09 June 2009 [13:10]
Russian mobile operator MTC is considering possible purchase of assets in Azerbaijan and Kazakhstan, said chief executive of the company Mikhail Shamolin, according to the Azerbaijan Ministry of Communication and Information Technologies.
08 June 2009 [11:03]
Works to prepare the feasibility study of the Transcaspian project might be launched in the second half of 2009, according to the president of National company Kazmunaugaz Kayrgeldi Kabildin.
08 June 2009 [09:26]
In January-May of 2009 the department of marketing and economic operations of the State Oil Company of Azerbaijan exported 99.541 tons of motor gasoline, said the press service for SOCAR, according to Novosti-Azerbaijan.
08 June 2009 [09:03]
The Krasnoye Sormovo shipyard in Nizhni Novgorod (Russia) has recently launched tanker of project 19619 for the Azerbaijan State Caspian Shipping Company into the sea, reports the press service for the MNP group (that includes the Krasnoye Sormovo shipyard).
06 June 2009 [10:27]
Kazakhstan and Azerbaijan are strategic partners and the co-operation between countries is predetermined for many years, Ambassador of Azerbaijan to Kazakhstan Latif Gandilov said in an interview with Trend News.
05 June 2009 [11:30]
Azerbaijan's investment opportunities have been represented in London based International Centre of Financial Services.
05 June 2009 [09:40]
Chairman of the Azerbaijani Parliamentary Committee on Legal Policy and State Building Ali Huseynov doubts about professionalism of a report on corruption designed by the international organization Transparency International.