Business
13 January 2007 [01:52]
Baku Metro is not going to request the Tariff Council to increase the fares.
13 January 2007 [01:37]
No amendments are planed to make to the 2007 State Budget after the hike in energy prices in the country.
13 January 2007 [01:36]
Agriculture Ministry has notified the Government of the undesirable affects of the recent energy price hike and sent proposals for solution.
13 January 2007 [01:35]
"Consumers' concern over the variable selling prices for liquefied gas on the domestic market is baseless as the Cabinet passed a decision making the prices up to sellers," a governmet source told the APA.
13 January 2007 [01:34]
AzerTurkBank's aggregate capital has reached AZN 8.35m, including the authorized capital amounted to AZN 7m.
13 January 2007 [01:31]
The First project of the Action Plan signed between EU and Azerbaijan on November 14 within European neighborhood policy will start to be implemented at the end of the year.
12 January 2007 [15:42]
An Iranian delegation will soon get to Baku to negotiate on the start of gas exports to Azerbaijan for 2007 amid Azerbaijan's having refused to buy Russia gas in a price row.
12 January 2007 [15:40]
The Confederation of the Azerbaijan Labor Unions has sent its proposals to the Government on compensating people for the price hike in the utilities and fuel.
12 January 2007 [13:50]
This year Azerbaijan is going to restructure and renovate a number of plants such as Aviaagregat, Radiozavod, Ulduz and Azon for defense purposes and put into operation.
12 January 2007 [11:31]
Quotas on Caspian Sea caviar exports are ineffective and will not help restore dwindling sturgeon stocks, according to analysts and ecologists in Kazakhstan, one of the countries bordering the landlocked sea.
12 January 2007 [11:09]
Ambassador of Azerbaijan to Iran Abbasali Hassanov emphasizing that Baku CeBit Exhibition is a threshold for entry of Iranians to Commonwealth of Independent States (CIS) and EU markets.
12 January 2007 [01:15]
Kazakhstan refined 11.664 million tonnes of crude oil in 2006, up 4.5% year-on-year.
12 January 2007 [00:59]
A road bridge in the 20 Yanvar circle and a tunnel in Shamakhinka will be opened in mid March.
12 January 2007 [00:58]
World Bank mission for water supply and drainage project has come to Azerbaijan.
12 January 2007 [00:47]
AzerTurkBank plans to open branches in Zagatala, Ganja and Nakhchivan.
12 January 2007 [00:44]
Grain Terminal, being built by Azerbaijan and Kazakhstan, will become operational in May, 2007.
12 January 2007 [00:42]
The 2007 energy balance of Azerbaijan will be introduced to the Cabinet in late January.
12 January 2007 [00:41]
National Bank of Azerbaijan has bought currency shred device and granulator from the Kusters Engineering to destroy the old banknotes.
12 January 2007 [00:40]
The proposal to limit excessive home telephone use in Baku will be submitted to the Tariff Council.
12 January 2007 [00:26]
12 January 2007 [00:25]
Georgian businessmen Badri Patarkashvili has sold the Kulevi oil terminal on the Black Sea to the Azerbaijan State Oil Company (SOCAR).
12 January 2007 [00:24]
84 tankers carrying 60.3m barrels of oil have to date sailed from the Ceyhan Port to the world market. Turkey gained USD 33m as transit tax and loading service tariffs.
12 January 2007 [00:20]
The Management Board of the Baku Electricity Network Company has approved of the Baku Energy System Development Program.
12 January 2007 [00:19]
The authorized fund of the AIG Caspian International Company Ltd. has risen to AZN 3.5m.
12 January 2007 [00:18]
The grape production is expected to grow by five times in Azerbaijan during the next decade.
12 January 2007 [00:15]
In December, 2006 according to the calculations by the Analytical Department of the BSE, in the government securities market (excluding repo operations market) International Transaction Systems headed ranking of brokers with brokerage services in the total amount of AZN 48 238 695.82 provided to a client.
12 January 2007 [00:10]
Supported by the World Bank, the School of International Economics started in Georgia last year.
11 January 2007 [22:57]
The weighted average exchange prices made up 0.8714 AZN for 1 US dollar in the Baku Interbank Currency Exchange on January 11.
11 January 2007 [22:53]
Azerbaijan's largest mobile operator Azercell Telecom said it installed 328 base stations across the country last year.
11 January 2007 [22:25]
The Azerbaijani government has provoked popular anger with a series of price rises for public commodities and services. The hikes hit gasoline and public transportation, as well as natural gas, water, and electricity.
11 January 2007 [22:11]
The Transport Ministry of Azerbaijan intends to request the Government for more rises in the bus fares for Ganja, Sumgait and other big cities because of the hike in fuel prices.
11 January 2007 [15:23]
European Commission released energy strategy of the European Union.
11 January 2007 [15:16]
Rise of charges for fuel will not influence the prices of tickets of Turkish Airlines Company.
11 January 2007 [13:13]
Indian state-run refiner Bharat Petroleum Corp bought a hefty 1 million barrels of Azerbaijan's Azeri Light crude for March loading from BP, together with 1.1 million barrels of Masila crude from Canadian trader Nexen, comprising a 500,000 and a 600,000-barrel cargoes. Price details were not disclosed.
11 January 2007 [13:10]
Trade and economic exchange between Iran and Azerbaijan increased 30% in 2006, Iranian Ambassador to Azerbaijan Afshar Soleimani said.
11 January 2007 [02:34]
Transport Ministers of the participant countries will discuss the final version of Baku-Tbilisi-Akhalkalaki-Kars railway project in Tbilisi on January 12.
11 January 2007 [02:33]
A delegation of Russia's Voronej Province businesspeople will pay a visit to Azerbaijan this year.
11 January 2007 [02:32]
The Asian Development Bank's mission for transport will pay a visit to Azerbaijan in late January.
11 January 2007 [02:32]
Swiss Vilma Oil S.L. has won the tender announced by the SOCAR Marketing and Economic Operations Department.
11 January 2007 [02:28]
The second meeting of the Azerbaijan-Moldova Intergovernmental Commission on Economic Cooperation will be held in early this year.
11 January 2007 [02:24]
Azercell Telecom JV continues its work on expanding field of its coverage and to provide high-quality telecommunication services in the country.
11 January 2007 [02:23]
Travelex's CIS representative will give training for the officers of the AtaBank in the second half of this year. This system will be used in all branches of the bank.
11 January 2007 [02:22]
11 January 2007 [02:20]
The second International Industry & Trade Exhibition (INTEX-2007) will be held from 13 to 16 February 2007 at Kish International Exhibition Centre, Iran.
11 January 2007 [02:19]
A Swiss TOTSA, has won the tender announced by the SOCAR Marketing and Economic Operations.
11 January 2007 [02:02]
An operation 'Migrant' was conducted for revealing illegal migrant labors in the district Mangistau, Kazakhstan.
11 January 2007 [02:01]
222,600 metric tons of fuel were economized on during 2006.
11 January 2007 [01:52]
The weighted average exchange prices made up 0,8714 AZN for 1 US dollar in the Baku Interbank Currency Exchange on January 10.
11 January 2007 [01:50]
Azerfon LLC, the third GSM operator will serve about 1,5 mln subscribers on the Azerbaijan market in 2007, the company's Director General John Armil said.
11 January 2007 [01:31]
The start of natural gas supplies from Azerbaijan to Georgia has been delayed for two days till January 12.
11 January 2007 [01:30]
The Kars-Akhalkalaki railway will be constructed despite US Congress position, stated Georgian Prime Minister Gela Bezhuashvili today after the end of the session of Georgian government.
11 January 2007 [01:28]
Downhole Products Plc has been awarded a contract by BP Exploration (Caspian Sea) Ltd to provide a comprehensive range of specialist casing and cementing accessories for use in the Azerbaijan sector of the Caspian Sea.
11 January 2007 [00:54]
Azerbaijan publishing House will soon raise printing and rental prices.
10 January 2007 [17:49]
Kazakhstan plans to increase the price of wheat exports being sold to Azerbaijan and has already sent proposals to the Government of Azerbaijan.
10 January 2007 [16:15]
"I am sure that President will react to the increase of prices. Tariff Council may reconsider the decision on increase of prices. The government will take additional measures on the issue," Milli Majlis social politics permanent commission Chief Hadi Radjabli told reporters.
10 January 2007 [16:06]
The price bread rose to 30 kopecks from 20 kopecks a loaf in Baku and Ganja. Bakeries don't rule out further price hike as well after the price of energy supplies sharply went up.
10 January 2007 [14:35]
The spread information about An-22 airplane, that was carrying oil equipment produced in the U.S to Azerbaijan was not allowed as the airplane crew was drunkard, is not right, Azerbaijan Airline State Company department chief Maharram Seferli stated.
10 January 2007 [13:49]
Azerbaijan starts gas supplies to Georgia on Wednesday and will dispatch daily about 1 million cubic meters of natural gas for US$ 120 per 1,000 cubic meters, a spokesperson for Georgian Energy Ministry told.
10 January 2007 [13:42]
Azerbaijan may resume oil exports to Europe via a Russian-controlled pipeline-Baku-Novorossiysk route.
10 January 2007 [13:38]
Nakhchivan Autonomous Republic Supreme Council chief Vasif Talibov decreed on appointing new chairman of the office of National Bank in Nakhchivan.
10 January 2007 [13:37]
The Cabinet has changed in-city and intercity bus fares in Nakhchivan Autonomous Republic.
10 January 2007 [13:25]
The price of the bread has risen in Ganja since Wednesday. The sellers told that bread will cost 30 kopeks in Ganja since January 10.
10 January 2007 [13:17]
Azerbaijan state Railway Company carried 5.8m passengers and 29.6m tons of freight during 2006.
10 January 2007 [13:17]
582.82m cubic meters of gas were delivered to Azerigas against the planned 643.75m in December, 2006.
10 January 2007 [13:16]
World Bank mission for water supply and drainage project will pay a visit to Azerbaijan on January 10.
10 January 2007 [13:15]
Paris hosted the 4th meeting of France-Azerbaijan Intergovernmental Commission on Economic Cooperation.
10 January 2007 [13:14]
State Oil Company of Azerbaijan (SOCAR) imported 470.1m cubic meters of Russian gas to fuel power stations in December, 2006.
10 January 2007 [13:13]
A mission of Latvian Commerce and Industry Chamber intends to pay a familiarization visit to Azerbaijan this year.
10 January 2007 [11:24]
Azerbaijan produced 756,680 tonnes of oil against the planned 747,350 tonnes with an excess of 1.2% in December, 2006.
10 January 2007 [11:20]
The SOCAR Marketing and Economic Operations Department exported 27,471 metric tons of automobile gasoline, 125,799 tons of diesel fuel, 13,112 tons of aircraft fuel, 114 tons of heating fuel oil, 4,795 tons of lubricants and 1,181 tons of oil bitumen during December, 2006.
10 January 2007 [11:13]
Nakhchivan electricity grid received 148.011m kilowatts of electricity in December, Azerenergy told.
09 January 2007 [23:12]
Armenia's external trade deficit reached a new record-high level last year, surpassing the $1 billion mark due to flat exports and a stagnant manufacturing sector, according to government statistics reported on Monday.
09 January 2007 [22:02]
Turkey and Israel have provisionally agreed to build a pipeline system connecting the Black Sea to Red Sea, Turkish Energy Minister Hilmi Guler said.
09 January 2007 [21:50]
The weighted average exchange prices made up 0.8714 AZN for 1 US dollar in the Baku Interbank Currency Exchange on January 9.
09 January 2007 [21:46]
Azerbaijan and Russia have agreed on amounts and prices of mutual electric energy deliveries in 2007.
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