Business
12 June 2006 [13:56]
Black Sea Business Forum has today started following XIII Session of Black Sea Trade and Development Bank (BSTDB) Directorate June 10-11.
12 June 2006 [09:01]
Frunze Co. Ukraine is aimed at bringing new equipment – AK-80 able to lift 80 tons weight for repairs in well, to Azerbaijan.
12 June 2006 [08:57]
The America-Azerbaijan Trade Chamber (AATC) intends to start a campaign of showing domestic products in US market soon.
12 June 2006 [08:51]
Bateman Co. Israel is aimed at opening a branch in Azerbaijan.
12 June 2006 [08:47]
Azerbaijan National Bank (ANB) announced tender for provision of Azerbaijan Mortgage Fund (AMF) with office facilities and equipment.
11 June 2006 [19:02]
The Islamic Development Bank (IDB) will hold an investment conference in Baku in November, according to press service of the Ministry of Economic Development of Azerbaijan.
11 June 2006 [18:57]
The 8th annual meeting of the Board of Directors of the Black Sea Trade and Development Bank (BSTDB) took place in Baku on June 11.
11 June 2006 [18:54]
Minister of Communication and Information Technologies of Azerbaijan Ali Abbasov met his Russian counterpart Leonid Reyman to discuss the provisions of the intergovernmental agreement, which is aimed at enhancing the bilateral relations between the two countries in the field of information and communication technologies.
11 June 2006 [12:44]
Turkey's Energy Minister Hilmi Guler stated that his country has turned into an important mediator between the producers and users of energy.
11 June 2006 [12:24]
Fire broke out in Pepsi Cola factory located in Khirdalan on June 10.
11 June 2006 [12:06]
Accountants believe a proposed agreement between international tax authorities outlined in the chancellor's Finance Bill will allow Azerbaijani tax evaders to be tried in UK courts.
10 June 2006 [14:27]
Georgia's deputy energy minister said Friday the south Caucasus country planned to raise crude output to 90,400 bbl/d from current 1,000-2,000 bbl/d by 2020.
10 June 2006 [14:24]
The Baku-Tbilisi-Ceyhan (BTC) pipeline today achieved a historic milestone with the delivery of its first cargo of crude oil to world markets.
10 June 2006 [09:07]
38 (61,3%) out of 62 questions addressed to LLC Barmek Azerbaijan Energy Network in written form from June, 5 to June, 9, by the Inspection Commission formed at the initiative of Economic Development Ministry were responded by Barmek.
10 June 2006 [09:05]
Azersun Holding Group of Companies represents Azerbaijan at VII international Food Industry Exhibition in Tbilisi, Georgia.
10 June 2006 [09:01]
Pursuant to the results of the trading sessions held in the currency section of the Baku Interbank Currency Exchange (BICEX) today, USD/AZN average weighted rate was AZN 0,8960/$1.
10 June 2006 [08:57]
As a result of talks in Baku on expansion of energy cooperation between Azerbaijan and Lithuania, sides were agreed on the importation of $1 million oil products to Lithuania yet.
10 June 2006 [08:53]
Next round of talks between OJSC Azerenergy and KFW Bank of Germany was held in Baku. The German side was represented by Claudia Loy, KFW Energetics and Ecology Sector Director, and Peter Brinkman, Senior Manager in Energy Projects.
09 June 2006 [15:50]
Dubai's experience will be used to establish a free trade zone in Azerbaijan. Relevant documents have been submitted to the president, according to the Economic Development Minister Heydar Babayev.
09 June 2006 [12:42]
Lithuanian President Valdas Adamkus, continuing an official visit to Azerbaijan, has urged to develop business relations between the two countries more actively.
09 June 2006 [09:55]
"Though I dislike 5-6 officials in Azerbaijan, I do not think of departure. Some state officials misinform the President about Barmek. That is my biggest problem."
09 June 2006 [09:51]
Despite notices of LLC Barmek Azerbaijan Energy Network, most of state officials who owe money for electricity have not yet paid it.
09 June 2006 [09:50]
The group running Kazakhstan's huge Kashagan oil field plans a $4 billion transportation system to take its oil to the Baku-Ceyhan pipeline to the Mediterranean, an official from France's Total said on Thursday.
09 June 2006 [09:31]
Rovnag Abdullayev, the President of State Oil Company of the Azerbaijan Republic (SOCAR), has received the delegation with Gavin Graham, the Vice-President of the Shell Company, at the head, who came to Baku to take part at XIII International Caspian Oil & Gas Exhibition 2006.
09 June 2006 [09:28]
Pursuant to the results of the trading sessions held in the currency section of the Baku Interbank Currency Exchange (BICEX) yesterday, USD/AZN average weighted rate was AZN 0,8968/$1.
09 June 2006 [09:01]
Defense League of Citizens Labour Rights (DLCLR) held a monitoring on the base of complaints of residents whose property rights were violated in Hajigabul region Renjber village.
09 June 2006 [08:57]
Rovnag Abdullayev, the President of State Oil Company of the Azerbaijan Republic (SOCAR), has received Ukrainian delegation, which came to Baku to take part in XIII International Caspian Oil & Gas Exhibition 2006.
09 June 2006 [08:45]
Georgia will earn $2,5 billion from Baku-Tbilisi-Ceyhan Main Export Pipeline (BTC) in 40 years and 2,85 billion cubic meters gas from Baku-Tbilisi-Arzurum gas pipeline till 2011.
09 June 2006 [08:22]
Law on changes and regulations to Law on State Social Production Fund Budget for 2006, which was enacted by the President May 26, is in force since yesterday.
09 June 2006 [08:17]
The construction of Power Station containing 10 modules is expected to be launched in Nakhchivan Autonomous Republic (NAR) by late this year.
09 June 2006 [08:14]
European Union (EU) Project of Institutional Development of Transport Ministry of Azerbaijan is expected to start implementation by September 2006.
08 June 2006 [22:01]
President of Barmek-Azerbaijan Electricity Distribution LLC and Hussyin Arabul sued the State Committee for State Property Management (SCSPM) and Etibar Pirverdiyev, president of Azerenrgy Open Joint-Stock Company.
08 June 2006 [16:28]
Disagreement between LLC Barmek Azerbaijan Energy Network and the Government of Azerbaijan will not affect energy provision of population.
08 June 2006 [15:39]
"The official treaty on Kazakhstan’s joining the Baku-Tbilisi-Ceyhan main export oil pipeline will be signed in Almaty on 13 June," stated Kazakhstan's President Nursultan Nazarbayev at the 3rd investment summit in Astana.
08 June 2006 [14:46]
"I will not leave Azerbaijan until the imprisoned employees of Barmek Company are released. They will be released in a very short time."
08 June 2006 [13:51]
Within the framework of President of Lithuania Valdas Adamkus's upcoming visit to Azerbaijan, the Azerbaijan-Lithuania business forum will be held June 9 in Excelsior hotel, Azerbaijan Export and Investment Promotion Foundation (AZPROMO) announced.
08 June 2006 [13:11]
Kazakhstan is ready to sign an agreement on shipping crude across the Caspian Sea to a pipeline from Azerbaijan to a Turkey, the president of the energy-rich country said Thursday.
08 June 2006 [13:09]
The Black Sea Trade and Development Bank (BSTDB) will host Black Sea Business Day, on 12 June 2006, in Baku.
08 June 2006 [10:25]
Azerbaijan could make $3 billion in oil revenues in 2006 and may see the figure double in 2007, a major Western investor in the nation's oil industry said Wednesday.
08 June 2006 [10:18]
LUKoil has adopted a concept of the development of promising deposits in central and northern parts of the Caspian Sea, the company's chief Vagit Alekperov said.
08 June 2006 [10:12]
The preparation of final intergovernmental document on transportation of Kazakhstan oil through Baku-Ceyhan pipeline via the area of Azerbaijan is over.
08 June 2006 [10:11]
The series of meetings between Azerbaijani officials and their visiting Israeli counterparts continued Wednesday at a confab with the energy ministers.
08 June 2006 [10:09]
Caspian oil production increased twice and gas production did by 30%.
08 June 2006 [10:03]
Israeli Government expresses great hopes about perspectives of Baku-Tbilisi-Ceyhan pipeline, having been recently started.
08 June 2006 [10:03]
An international air show opens on Thursday outside Kiev.
08 June 2006 [09:58]
Azerbaijani-Turkish Businessmen's Union (ATBU) and Azerbaijan University of Architecture and Construction will sign a cooperation memorandum.
08 June 2006 [09:53]
An auction on placement of short-term bonds of National Bank with the state registration number 50102312S was held at Baku Stock Exchange yesterday.
08 June 2006 [09:35]
No increase is expected this year in import taxes for automobiles brought in Azerbaijan. The Chairman of the State Customs Committee (SCC) Aydin Aliyev has stated.
08 June 2006 [09:29]
The State Customs Committee (SCC) of the Azerbaijan Republic hosted a ceremony of handover of computer equipment for the Committee within the framework of the joint project of the European Commission (EC) and United Nations Development Program (UNDP) for "Modernization of Customs Services in Azerbaijan".
08 June 2006 [09:23]
Negotiations on the delivery of 3 billion cubic meters oil gas volume in 2006 between State Oil Company of the Azerbaijan Republic (SOCAR) and Azerbaijan International Operation Company (AIOC) is over.
08 June 2006 [09:20]
OJSC Azerenergy will apply new method of meter installation in cities and regions of Azerbaijan. LLC Azerenergy Tikinti will install meters thereafter.
08 June 2006 [08:16]
Chicken and other poultry products might fall in price in a month or two, Head of the Republic Poultry Keepers Aydin Valiyev states.
07 June 2006 [16:17]
Baku-Ceyhan pipeline may be used in order to export Iranian crude oil to world market in the nearest perspective.
07 June 2006 [15:45]
850 million cubic meters natural gas capacity will be produced in Shahdeniz Project this year.
07 June 2006 [15:10]
Azerbaijan and Belarus were ranked as leaders of industrial production among CIS member-countries in January-April 2006.
07 June 2006 [15:00]
Today morning at 5.40 oil tower turned over in Mishovdag deposit of contractor "Momentum" Oil Company.
07 June 2006 [14:29]
The Inspection Commission to examine Limited Liability Company Barmek-Azerbaijan Energy Network compliance with its commitments has started gather complaints from businesses, enterprises and organizations, as well as legal entities and natural persons, in Azerbaijan.
07 June 2006 [14:06]
The International Labor Organization (ILO) began its 95th Labor Conference in Swiss capital, Geneva June 6.
07 June 2006 [11:29]
International Bank of Azerbaijan (IBA) and the French bank BNP Paribas signed a $50 million loan agreement.
07 June 2006 [11:27]
The average Baku-Tbilisi-Ceyhan pipeline tariff will be $3-4 per barrel, Ilham Nassirov, Executive Director of "AZBTC Co," a firm representing Azerbaijan in this project, said.
07 June 2006 [08:50]
Gas payment coefficient in Azerbaijan reached 31% increasing twice in January-May this year.
07 June 2006 [08:27]
"Trans Caspian gas transportation by competition is possible and remarkable," Matthew Bryza, US Deputy Assistant Secretary for European and Eurasian Affairs, has told in his speech to the media.
07 June 2006 [08:12]
Peter Brinkman, German Development Bank (KFW) Project Manager visits Azerbaijan.
07 June 2006 [08:09]
Taxes revenue prognosis was implemented by 110,1% in Azerbaijan during January-May this year.
07 June 2006 [08:08]
Pursuant to the results of the trading sessions held in the currency section of the Baku Interbank Currency Exchange (BICEX) today, USD/AZN average weighted rate was AZN 0,8982/$1.
07 June 2006 [07:27]
Israeli Minister of National Infrastructures Binyamin Ben-Eliezer and Rovnag Abdullayev, the president of the Azerbaijani state oil company SOCAR, set oil purchase negotiations in motion on Tuesday during Ben-Eliezer's visit to the Caspian country.
07 June 2006 [07:14]
Except for operational companies and joint-ventures, State Oil Company of the Azerbaijan Republic (SOCAR) had 6639 operational wells June 1.
06 June 2006 [22:46]
Azerbaijan wishes to get some years for passage period related to reforms in bank and insurance system after being accepted to membership of World Trade organization.
06 June 2006 [22:22]
Railroad traffic between Azerbaijan and Georgia, interrupted on Monday as 15 of 34 tanks carrying fuel oil had come off the rail, was restored on Tuesday.
06 June 2006 [21:02]
The British Petroleum-led Baku-Tbilisi-Ceyhan Pipeline consortium said it will pay Turkey's Botas oil and gas company 333 mln usd for cost overruns in the Turkish section of the pipeline.
06 June 2006 [15:05]
"Those stealing oil from Baku-Tbilisi-Ceyhan Main Export Pipeline (BTC) will be imprisoned. After imprisonment some of them, the others will give it up being afraid of," Ambassador of Turkey to Azerbaijan Turan Morali stated.
06 June 2006 [14:03]
Press conference devoted to opening of the 13th international exhibition and conference "Caspian Oil and Gas Incorporating Refining and Petrochemicals" took place June 5 at the International Press Center.
06 June 2006 [13:38]
Azerbaijan will receive $140 billion from oil sales in the next few years if the price of oil averages $50 per barrel, the president of the oil-rich Caucasus republic said Tuesday.
06 June 2006 [13:34]
The second cargo from the BP-led Baku-Ceyhan oil pipeline will load around June 20 but the flow of oil will then be interrupted for 10 days for last-minute work on the terminal and the pipeline, a BP official said on Tuesday.
06 June 2006 [12:31]
Azerbaijan and Turkey can fund the Baku-Tbilisi-Akhalkalak-Kars railway line without foreign financial support, Turkish Ambassador to Azerbaijan Turan Morali stated.
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