Business
01 December 2006 [14:54]
The widely anticipated handover to a Russian company of a pipeline that will supply Armenia with Iranian natural gas is not a forgone conclusion, Prime Minister Andranik Markarian claimed in a Russian newspaper interview published on Friday. He also reiterated Yerevan’s hopes that Russia will defuse its festering confrontation with Georgia.
01 December 2006 [14:50]
Armenia's parliament on Wednesday passed a 2007 budget with a deficit equivalent to US$155 million (euro118 million).
01 December 2006 [14:23]
"The energy security of the world depends directly on Caspian oil and production perspectives.” UN European Commission Economic (UNECE) report 'A Global Overview and Global Energy Security and the Caspian Sea Region' says.
01 December 2006 [13:44]
Azerbaijan's Agriculture Ministry has asked Japan for a new grant of $8 million to buy agricultural equipment.
01 December 2006 [13:39]
Anglo Asian Mining PLC said its Gedabek project in Azerbaijan has a resource estimate of 1.08 mln ounces of gold equivalent with a possibility of expansion in a number of directions.
01 December 2006 [12:55]
General Director of KazTransGaz, Serik Sultangaliev, says that Kazakhstan is interested in joining the South Caucasus natural gas pipeline (also known as the Baku-Tbilisi-Erzurum or Shah Deniz pipeline).
01 December 2006 [11:00]
A plan that paves the way for an integrated common energy market between the European Union and governments of the oil and gas rich Caspian and Black Sea regions was agreed at a ministerial conference held in the Kazakh capital, Astana.
01 December 2006 [10:52]
Taxes Ministry Operational Control Department have to date examined 153 097 various kinds of trade facilities and found serious irregularities in 35 958 of them.
01 December 2006 [10:51]
The total assets of Atabank grew by 65% in the period of January-October to AZN 51.4m.
01 December 2006 [10:50]
Azerigas sent a letter to 13 regions of Azerbaijan to warn them against unsatisfactory collection of gas bills.
01 December 2006 [10:49]
Azerenergy has sent a letter of warning to executive power heads of 46 regions on unsatisfactory level of collection of the electric bills.
01 December 2006 [10:49]
Azercell Telecom JV has concluded a roaming agreement with Pakistan's Telenor.
01 December 2006 [10:47]
A meting of Permanent Secretariat of TRACECA Intergovernmental Commission and national secretaries of the member states will take place in Chisinau, Dec. 14-15.
01 December 2006 [10:36]
Bank Standard concluded a trilateral agreement with Azauto and ITOCHU Corporation.
01 December 2006 [10:35]
The weighted average exchange price made up 0.8716 AZN/USD at trading sessions held at the Baku Interbank Currency Exchange.
01 December 2006 [10:34]
The assets of Azerbaijan Credit Bank Joint Stock Commercial Bank grew by 53% in January-September to AZN 7.8m.
01 December 2006 [10:33]
2 200 customers were found illegally using electricity in Ganja.
01 December 2006 [10:32]
Azerdemiryolbank JSB will issue chip cards from January 1, 2007.
01 December 2006 [10:31]
Two intersection bridges and one pedestrian tunnel will be in operation by this year's end.
01 December 2006 [10:30]
A subregional conference examining various fields of transportation will take place in Tehran on Dec. 18-19.
01 December 2006 [10:23]
Azerbaijan International Operating Company increased oil output by 82%, year-over-year, to 18 498 000 metric tons in Azeri-Chirag-Guneshli during the period of January-October.
01 December 2006 [10:20]
As of November 20, Azersu JSC has to date installed 151 794 water meters.
01 December 2006 [10:12]
Azerbaijani President Ilham Aliyev approved the agreement on air connections between Azerbaijan and Korea.
01 December 2006 [00:46]
Visiting Georgian Prime Minister Zurab Nogaideli met with members of the Caspian Integration Business Club at the Baku Business Center.
01 December 2006 [00:45]
Azerbaijan's Minister of Agriculture Ismat Abbasov met with Attache of the United States Department of Agriculture's Foreign Agricultural Service, Ralph Gifford.
01 December 2006 [00:43]
Azercell Telecom joint company started to render new roaming services through three more networks of Indian Bharti Airtel company - Kerala, Gujarat, Punjab, increasing the number of its roaming agreement with Bharti Airtel company's networks to ten.
01 December 2006 [00:17]
Russia's RAO UES (Unified Energy Systems) has agreed to provide electrical energy to Azerbaijan on previous terms from December 1.
01 December 2006 [00:01]
Georgia intends to buy 1.4 billion cubic meters of gas from Azerbaijan next year, Prime Minister Zurab Nogaideli said at a news conference following talks with the Azerbaijani leadership here on Thursday.
30 November 2006 [14:37]
30 November 2006 [13:01]
The price of gas in Azerbaijan will probably rise on Jan. 1.
30 November 2006 [12:59]
Aviation fuel might reportedly not be exported from Georgia's Batumi port in 2007, because the Azerbaijani Airlines (AZAL) has begun to buy large shipments of this fuel for its own needs.
30 November 2006 [12:56]
Gas provision of the North-West regions of Azerbaijan was restored on November 30.
30 November 2006 [12:50]
Azeristiliktejhizat Heating Supply OJSC has started to repair and reconstruct heating systems due to winter.
30 November 2006 [10:23]
Azerbaijan International Operating Company (AIOC) increased oil exports by 88.6%, year-over-year, to 16 634 000 metric tons during the period of January-October.
30 November 2006 [10:20]
Prosecuting attorney prohibited Barmek-Azerbaijan President Huseyn Arabul to leave Baku for Ankara.
30 November 2006 [10:18]
The supply of natural gas to Zagatala was stopped.
30 November 2006 [10:15]
Bakielectricshebeke has to date renewed some 60 transformers in Baku and surrounding districts, laid 17km-long electricity line and installed over 4 000 electric meters.
30 November 2006 [10:13]
AtaHolding intends to build a tractor plant in Azerbaijan.
30 November 2006 [10:10]
30 November 2006 [10:10]
29 November 2006 [23:55]
The weighted average exchange prices made up 0.8716 AZN for 1 US dollar in the Baku Interbank Currency Exchange on November 29.
29 November 2006 [23:52]
President Ilham Aliyev of Azerbaijan on November 29 received Sultan Ahmad Bin Sulayem, Executive Chairman of Dubai Ports, Customs and Free Trade Zone Corporation.
29 November 2006 [14:39]
Azerbaijan intends to produce 5bn cubic meters of natural gas next year.
29 November 2006 [14:38]
President Saakashvili said his meeting with Azeri counterpart Ilham Aliyev on the sidelines of the CIS summit in Minsk on November 28 will have "very important" results, as Tbilisi tries to obtain alternative sources of gas supplies to ease dependency on Russia's Gazprom.
29 November 2006 [12:41]
As Today.Az reported earlier, presidents of Belarus, Ukraine and Azerbaijan were discussing energy security in Minsk.
29 November 2006 [11:47]
The volume of transportation through the international Transport Corridor Europe-Caucasus-Asia (TRACECA) for January-October 2006 has grown 7.2% and reached 35.9 million tonnes, the State Statistic Committee of Azerbaijan said.
29 November 2006 [11:35]
The incomes and expenditures of the State Budget of Azerbaijan equaled AZN 2 683.6m and AZN 2 420.9m respectively.
29 November 2006 [11:32]
Favorable balance reached $999 941 900 in exports and imports of Azerbaijan during the period of January-October.
29 November 2006 [11:27]
Azerbaijan's parliament passed a 2007 budget Tuesday that increases projected income and spending by some 40 percent over last year, relying largely on oil for revenues.
29 November 2006 [10:49]
Bank Respublika has used the second tranche allowed by the Netherlands Development Finance Company (FMO) and lent $4m to oocal beneficiaries.
29 November 2006 [10:44]
Azerbaijani transport companies carried 117.5m tonnes of goods within January-October this year which represents an increase of 13.1% the same period last year.
29 November 2006 [10:43]
As of November 1, economically active population of Azerbaijan reached 3 960 800 in number, of which 33.4% are hirelings.
29 November 2006 [10:41]
Azeristiliktechizat OJSC plans to implement a heating project in order to improve heating supply of the regions.
28 November 2006 [23:40]
The weighted average exchange prices made up 0.8718 AZN for 1 US dollar in the Baku Interbank Currency Exchange on November 28.
28 November 2006 [23:16]
Websites opened in Azerbaijan in 1997 and 1998 and electronic newspapers appeared in 1999, but they have not been registered by the Justice Ministry yet.
28 November 2006 [15:49]
A Kazakh Caspian oil transportation system is planned to be formed by 2010. The total value of the project is approximately $1 billion 600 million. Mahambet Batyrbayev, Vice President of JSC "NC "KazMunaiGaz", Director of KMG Office for Western Region, has stated this at the I Caspian Investment Forum.
28 November 2006 [15:31]
According to the State Customs Committee, World Customs Organization's Baku Regional Training Center is playing host to a seminar on Application of the World Trade Organization's Customs Valuation Agreement for customs officers of the Economic Cooperation Organization member countries.
28 November 2006 [15:27]
The Azerbaijan State Economic University hosts an international seminar entitled "Basics and Practice of the Islamic Economy and Islamic Banking" with the assistance of the Islamic Development Bank’s (IDB) Islamic Research and Training Institute.
28 November 2006 [15:25]
Iranian parliament members here on Tuesday voted in favor of two agreements with Switzerland and Azerbaijan as well as two bills on Iran's membership in two international conventions.
28 November 2006 [11:48]
Over AZN 4 750.1m, 15% up from last year, was directed to capital investment in Azerbaijan during the period of January-October.
28 November 2006 [11:47]
Communications services of AZN 434.8m were provided for the legal entities and individuals in Azerbaijan during the period of January-October.
28 November 2006 [11:46]
Azerbaijan will attend the FITUR-2007 tourism exhibition in Spain.
28 November 2006 [11:45]
France-Azerbaijan intergovernmental commission for economic cooperation will meet in Paris early January, 2007.
28 November 2006 [11:45]
Azerbaijan and Russia will fix the date of the next round of talks between Azerbaijan and Gazexport, the Russian Gazprom's arm, on setting the volume and price for Russian gas supplies to the Caspian country in 2007.
28 November 2006 [11:34]
The State Committee for Public Properties Management has announced an investment tender for the sale of the stocks of Tovuz Sharab-2 OJSC and a tender for the sale of the stocks of Tovuz Salyan Khidmat (Service) OJSC.
28 November 2006 [11:33]
The U. S. Agency for International Development (USAID) will hold the opening ceremony of the electrical system rehabilitation project implemented by USAID's Community Development Activity Program in Isti Su community of Lenkeran district, Tuesday.
28 November 2006 [11:32]
A business forum between Kazakh and Azerbaijani businessmen will be organized at Astana.
28 November 2006 [11:31]
The stockholders have come to agreement to increase the authorized capital of the International Bank of Azerbaijan (IBA) to AZN 100m in 2007.
27 November 2006 [20:11]
Taxes Ministry lifted arrest put on bank account of ANS TV and ANS CM radio.
27 November 2006 [20:10]
Azerbaijan and Iran have agreed on mutual power supplies in their alternating consumption peak seasons from December 1, the Azerenergy national power utility said Monday.
27 November 2006 [20:01]
As Vice President of the "Strategy 1" foundation, former Deputy Chairman of the UkrTransNafta Mykhailo Honchar said, a new gas pipeline from Azerbaijan to Ukraine will run on the Black Sea floor.
27 November 2006 [19:49]
The weighted average exchange prices made up 0,8723 AZN for 1 US dollar in the Baku Interbank Currency Exchange on November 27.
27 November 2006 [19:44]
27 November 2006 [19:24]
The U.S. will not approve Georgia's long-term energy-related cooperation with Iran, but it seems it may turn a blind eye on short-term Georgian-Iranian deals envisaging emergency gas supplies during the winter period.
27 November 2006 [17:28]
The authorized banks of Azerbaijan Mortgage Fund have reduced mortgage interest rate as per the amendments to the mortgage law.
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