Business

02 September 2010 [14:35]

Kulevi terminal accepted 306,109 tons of oil and oil products in August

The SOCAR's Black Sea terminal Kulevi successfully transports oil and oil products from Azerbaijan and Central Asia via Georgia.
02 September 2010 [11:08]

SOCAR to launch six more petrol stations in Baku

SOCAR will launch 6 petrol stations in Baku in September, SOCAR President Rovnag Abdullayev said.
01 September 2010 [17:45]

Germany's Wintershall to take part in oil projects of Azerbaijan

Representatives of German Company Wintershall visited the office of Joint-Stock Company "Ekol Engineering Services".
01 September 2010 [17:35]

SOCAR assesses environmental impact of offshore drilling

The Ecology Department of the State Oil Company of the Azerbaijan Republic (SOCAR) recently monitored offshore drilling to assess the level of environmental protection.
01 September 2010 [17:07]

BP Azerbaijan presents Sustainability Report 2009

BP Azerbaijan has presented Sustainability Report 2009.
01 September 2010 [15:35]

Ceyhan oil terminal loads 1,256 tankers

Ceyhan oil terminal loaded 1,256 oil tankers through Baku-Tbilisi-Ceyhan (BTC) main export pipeline from June 2006 till August 27, Turkey's Botas International Limited Company said.
01 September 2010 [13:10]

Azerbaijani MPs to attend economic forum in Poland

Azerbaijani MPs will attend an economic forum to be held in Krynica, Poland on September 8.
01 September 2010 [11:10]

Central Bank of Azerbaijan says Moody's rating on banking system objective

Central Bank of Azerbaijan (CBA) considers international rating agency Moody's rating on the banking system objective, the CBA said.
01 September 2010 [10:45]

Baku to host international gas conference

Azerbaijan's capital will host an international gas conference in September.
01 September 2010 [09:55]

Iranian gas officials to visit Azerbaijan

Iranian deputy oil minister stated that high-ranking officials will soon discuss importing daily 5 million cubic meters of gas from Azerbaijan.
31 August 2010 [12:55]

Azerbaijan's transport minister, SOCAR president visit Georgia

Azerbaijan's Transport Minister Ziya Mammadov and SOCAR president Rovnag Abdullayev visited Georgia on August 30.
31 August 2010 [11:35]

Azerbaijan may fix oil prices at $60 per barrel in 2011 state budget

The oil prices may be fixed at $60 a barrel in the 2011 state budget, Azerbaijani Deputy Finance Minister Azer Bayramov said.
31 August 2010 [10:29]

Ukraine imports $500 million worth of Azerbaijani crude oil

By means of the GUAM transit corridor in the first six months of 2010, Ukraine met its needs for crude by 25% which is a serious factor, the GUAM Secretary General Valeriy Chechelashvili said.
31 August 2010 [10:20]

Azerbaijan and Kazakhstan to open Caspian European Business Center in Astana

The Azerbaijani delegation comprising businessmen and manufacturers will visit Kazakhstan in October.
30 August 2010 [17:55]

SOCAR launches one more petrol station in Georgia

SOCAR Georgia Petroleum has opened a new petrol station under SOCAR brand in the Gizilhajili village of Georgia's Marneuli region, mainly populated by Azerbaijanis, the State Oil Company of Azerbaijan (SOCAR) said.
30 August 2010 [12:35]

Azerbaijani oil prices for Aug.23-27

27 August 2010 [12:55]

Ganja, Minsk automobile plants open showroom in Baku

The Ganja and Minsk automobile plants have agreed to open a showroom for MAZ products in Baku by late 2010, head of the Ganja Automobile Plant Khanlar Fatiyev said.
27 August 2010 [12:45]

Azerbaijan is main importer of Kazakh grain

Azerbaijan and Russia will become the main importers of Kazakh grain, said chief of commercial department of Kazakhstan's Food Corporation Kazbek Omarov.
27 August 2010 [10:15]

Ukraine working on terminal to import Azerbaijani gas

Ukraine is forging ahead with plans to construct a liquefied natural gas (LNG) terminal in Odessa, which will import Azerbaijani gas.
26 August 2010 [15:10]

Botas: Azerbaijani gas supplies to Turkey carried out in normal mode

Gas deliveries from Azerbaijan and Russia to Turkey are carried out in a normal mode, the Turkish state pipeline company Botas said today.
25 August 2010 [15:45]

Azerbaijan-Georgia trade turnover rose by 29% year-on-year

Azerbaijan was second among Georgia's foreign trade partnes in January-July, 2010.
25 August 2010 [12:45]

Internet tariffs reduce in Azerbaijan once again

Tariffs for internet access have reduced in Azerbaijan.
25 August 2010 [12:35]

Azerbaijan invests 29.8 mln dollars in Georgia's economy

Azerbaijan invested $29.8 mln in Georgia's economy in 2009, Georgian National Statistics Service said.
25 August 2010 [11:08]

New wells to be drilled in "East Azeri" platform

A BP-led consortium of foreign companies starts drilling of the new wells in East Azeri platform from the block of oil fields "Azeri-Chirag-Gunashli" (ACG).
24 August 2010 [16:25]

BP Azerbaijan to employ new workers

23 August 2010 [16:18]

Nabucco Consortium defines priority gas supply sources

At the latest Steering Committee meeting in Ankara, the Nabucco shareholders agreed on a modification of the feeder line concept, the Nabucco Consortium said.
23 August 2010 [09:31]

Baku to host 1st Renewable Energy Caucasus Forum

Azerbaijan's capital will host the 1st Renewable Energy Caucasus Forum in September.
18 August 2010 [09:00]

Turkish president attended the opening of Azer-Turk Bank's new building

Turkey's President Abdullah Gul attended a ceremony to open a new building of the Azer-Turk Bank in Baku on Aug. 17.
17 August 2010 [14:15]

Moody's improves outlook for Azerbaijan's banking system

Moody's Investors Service has changed its outlook for Azerbaijan’s banking system from negative to stable.