Business
09 January 2007 [21:37]
Amid the sharp increase of energy prices as well as utilities fees in Azerbaijan, the Government said it would continue to provide the set amount of kerosene for internally displaced people (IDP) who have no gas.
09 January 2007 [21:14]
Armenia is looking to benefit from an ambitious project to build a natural gas pipeline that would stretch from Central Asia to Turkey and Europe via the Caspian Sea, Foreign Minister Vartan Oskanian said on Tuesday.
09 January 2007 [21:00]
"Sharp treble rise in the price electricity is a mistake. The price should be gradually increased on the basis of economic estimation," said Ogtay Hagverdiyev, Cabinet's Financial Policy official.
09 January 2007 [20:55]
According to AT report, IT giants Microsoft and Cisco introduced proposals for creating e-gov in Azerbaijan.
09 January 2007 [17:46]
The Economic Development Ministry of Azerbaijan and Garadagh Cement have released the standard selling price imposed on the cement for domestic market.
09 January 2007 [17:45]
Meeting of the workgroup on Azerbaijan's admission to the World Trade Organization will be held in March-April.
09 January 2007 [17:37]
"We should wait at least for the index of the first quarter in order to decide how the price of cars will be affected by the price hike in gasoline on the domestic market," said Natig Zarbaliyev, chair of Azerbaijan Association of Automobile Dealers.
09 January 2007 [11:28]
09 January 2007 [11:27]
Thames Insurance Company, operating in Azerbaijan, intends to increase its authorized capital to AZN 3m in 2007.
09 January 2007 [11:16]
Electricity production rose 1.5bn kilowatts/h, year-over-year, to 23.008 billion in 2006.
09 January 2007 [11:15]
In total the deals closed on all instruments at the Baku Stock Exchange during 2006 stood at approx. AZN 1 388 497 000.
09 January 2007 [11:14]
Azerbaijan Airlines State Company doesn't intend to increase the price of air tickets despite the Tariff Council's decision to increase the selling price of oil products is effective since Jan. 8.
09 January 2007 [11:14]
KamAZ-5511 truck controlled by Gahraman Guliyev was detained by officers of Azerbaijan State Customs Committee in Guba-Baku road.
09 January 2007 [11:12]
Georgia will buy 3 cubic meters of Azeri gas per day from January 10 through 20.
09 January 2007 [10:33]
January 15 RAO EES (Unified Energy Systems) will tell Azerbaijan how much it is going to charge for electricity import in 2007, Azerenergy Vice-President Marlen Asgarov stated.
09 January 2007 [00:10]
The weighted average exchange prices made up 0,8714 AZN for 1 US dollar in the Baku Interbank Currency Exchange on January 8.
09 January 2007 [00:08]
09 January 2007 [00:05]
The European Union will call for "a new industrial revolution" on Wednesday as it tries to cut its addiction to imported oil and slash the carbon emissions blamed for global warming.
08 January 2007 [23:07]
The Azerbaijan State Oil Company (SOCAR) and the International bank of Azerbaijan have acquired buildings in Tbilisi to open their offices.
08 January 2007 [18:39]
Since early January Baku Steel Company has shut down because of metal shortage.
08 January 2007 [18:13]
Azerbaijan's Transportation Ministry has started to monitor the influence of the increase of fuel prices on transport sector, said Minister Musa Panahov.
08 January 2007 [15:59]
The State Oil Company of Azerbaijan (SOCAR) has stopped oil pumping through the northern route - Baku-Novorossiisk pipeline.
08 January 2007 [13:56]
Embattled oil giant BP was plunged into another environmental crisis today amid claims that a crucial 1100-mile pipeline linking the Caspian Sea and the Mediterranean had a flaw that could trigger disastrous oil spills and devastating pollution.
08 January 2007 [00:40]
On Sunday Azerbaijan's Tariff Council approved new prices.
07 January 2007 [21:20]
In Ganja the price of liquefied natural gas rose 4 kopecks to 24 kopecks per liter.
07 January 2007 [21:08]
The Statistics Committee of the Commonwealth of Independent States (CIS) has released prediction that gross domestic product (GDP) of Azerbaijan will beat 30% in 2007, this country will leave other CIS states far behind.
07 January 2007 [02:10]
Iran has still not restored natural gas exports to Turkey but has said gas flow will resume by tomorrow at the latest, a Turkish energy official said yesterday.
06 January 2007 [13:58]
Iran has completed setting up the facilities required for the exportation of natural gas to Armenia.
06 January 2007 [13:51]
Sangachal-Gazimammad gas pipeline of 47 kms to be constructed in order to extend transportation and to ensure safety of Shah Deniz gas in Azerbaijan.
06 January 2007 [13:50]
Editing work on the second variant of the new customs code gas has been already finished.
05 January 2007 [15:57]
BP PLC has shut the giant Shah Deniz gas field in the Caspian Sea indefinitely, due to technical problems.
05 January 2007 [15:00]
05 January 2007 [14:58]
According to the State Oil Company, a program of actions was prepared to increase gas production.
05 January 2007 [14:56]
Chamber of Electricity Engineers (EMO) Chairman Kemal Ulusaler said that the outage of the Iranian gas is the price Turkey should pay for being dependent to foreign energy sources.
04 January 2007 [22:07]
Turkey has sufficient natural gas to make up for a suspension of supplies from Iran, the country's energy minister said Thursday.
03 January 2007 [17:02]
Iran has stopped supplying natural gas to Turkey to meet increasing demand at home this winter, state-run radio reported on Wednesday.
03 January 2007 [16:51]
An increased supply of oil to the market is expected to lower prices in the coming year, according to Standard Chartered Bank.
02 January 2007 [20:46]
The United Nations on Tuesday lifted a year-old embargo on exports of most types of caviar from the Caspian Sea, the main source of the delicacy, despite the fact that stocks are continuing to decline.
02 January 2007 [14:28]
Wartsila said an order it received from Azerbaijan's AzerEnerji for a 300 MW multi-fuel power plant has now been finalised and is worth about 160 mln eur, which it will include in its fourth quarter 2006 order intake.
01 January 2007 [17:08]
China, which is aggressively seeking overseas energy assets to fuel its booming economy, says one of its biggest conglomerates has bought the Kazakhstan oil assets of Calgary-based Nations Energy Company Ltd. for $1.91-billion (U.S.).
30 December 2006 [17:15]
President Ilham Aliyev issued an edict to ensure the formation of socio-economical process management in international requirements and improvement of the activities of the Ministry of Economic Development.
30 December 2006 [17:04]
President Aliyev issued a decree on application of the licensing of some business activities. The types of license-required activities and the amount of dues were released.
30 December 2006 [16:57]
President Ilham Aliyev has decreed on approval of the Regulations of National Enterprise Support Fund. President's Press Service told APA that the funds of the NESF has to be spent on Azerbaijan's social-economic development-oriented projects of the enterprises.
30 December 2006 [12:45]
President Ilham Aliyev issued decree on approval of the composition of Azerbaijani side of Azerbaijan-China intergovernmental trade-economic partnership commission.
30 December 2006 [12:34]
Azerbaijan has refused to buy Russian gas in 2007, Russian gas giant Gazprom spokesman Sergei Kupriyanov said on the Ekho Moskvy radio on Friday.
30 December 2006 [12:30]
30 December 2006 [12:28]
30 December 2006 [12:28]
SOCAR Marketing and Economic Operations department announced a tender for export of aviation fuel.
30 December 2006 [12:27]
Azerbaijan State Shipping Company has sent the list of ships to the Russia's Federal Agency of Sea and River for the use of Volga-Don canal in 2007, the only water route linking Baku to the outside world.
30 December 2006 [12:25]
Lafarge, the largest French cement manufacturer, intends to build a cement plant in Azerbaijan.
30 December 2006 [12:22]
The second dry cargo vessel, built in the Krasnoye Sormovo Shipyard, for Palmali Group of Companies has been launched in Nijni Novgorod.
30 December 2006 [12:19]
Azerbaijan's Azerenergy and Russia's RAO EES (Unified Energy Systems) failed to reach agreement on the prices and amount of electricity supplies for Azerbaijan in 2007.
30 December 2006 [12:17]
Bank Respublika has opened its new branch in Shamkir.
30 December 2006 [12:12]
In January Azerbaijan South Korea will start talks on participation of Korean investors in the construction of a dockyard in Baku.
30 December 2006 [12:07]
Azercell telecom was included into the list of the CIS's biggest cellular operators for the number of its customers, IKS-Consulting said.
30 December 2006 [12:06]
Communication and Information Technologies Ministry hold the establishment conference on creation of Human Resources Fund for ICT Development.
30 December 2006 [12:03]
Finance Ministry has released the results of a tender for printing of documentary stamps.
30 December 2006 [12:01]
The weighted average exchange price made up 0.8714 AZN/USD at trading sessions held at the Baku Interbank Currency Exchange on Friday.
30 December 2006 [11:54]
State Labor Inspection will begin inspections in construction firms and wedding places to study the working conditions and state of security.
30 December 2006 [11:50]
Iranian Ambassador Afshar Suleymani held a press conference on the overall results of 2006.
29 December 2006 [18:26]
Prime Minister Zurab Nogaideli told lawmakers on December 29 that starting from January Georgia will purchase gas from Azerbaijan for USD 120 per 1000 cubic meters.
29 December 2006 [18:24]
Azerbaijan's State Price Regulator- Tariff Council is considering the prices of water and gas consumed by inhabitants.
29 December 2006 [18:22]
Russian President Vladimir Putin has signed a decree that clears the way for a new system of foreign workers employment in the country, the presidential press service said Friday.
29 December 2006 [18:15]
Egg and chicken fairs were organized in Taza bazaar, Nasimi Bazaar, and 3rd microdistrict bazaar by the Economic Development Ministry and Poultry Society, Minister Heydar Babayev said.
29 December 2006 [17:57]
Russian gas monopoly Gazprom's Office in Baku may shut down in the nearest future.
29 December 2006 [16:12]
Azerbaijan Economic Development Ministry has received complaints saying impostors "examine" the business enterprises pretending to be officers of Antimonopoly Policy Department of the Ministry.
29 December 2006 [16:03]
The Government of Azerbaijan intends to set up a state-controlled company for imports in order to ensure food security in the country.
29 December 2006 [01:15]
Azerbaijan State Committee for Securities registered Issue prospectus of three joint stock companies.
29 December 2006 [01:14]
29 December 2006 [01:11]
The weighted average exchange price made up 0.8714 AZN/USD at trading sessions held at the Baku Interbank Currency Exchange on Thursday.
29 December 2006 [01:10]
The electricity grid of Bakielectricshebeke has been overloaded due to cold weather condition.
29 December 2006 [01:06]
29 December 2006 [01:05]
During the period of January-October Azerbaijani population's total incomes rose 22.5%, year-over-year, to AZN 9.2232 billion.
29 December 2006 [01:04]
There will be no problem with electricity supply in Azerbaijan despite in spite of high consumption.
29 December 2006 [01:03]
AZAL plans to put the first electronic air tickets on sale at the beginning of the 2007.
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