Business
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.
06 June 2006 [12:15]
Caspian Oil & Gas International Exhibition, the 13th in a series of exhibitions and conferences devoted to hydrocarbon resource production in the Caspian Sea area, opened in Baku on Tuesday.
06 June 2006 [09:15]
Ukraine sold 25 T-72 tanks, 2 PDM-1 (armored carriers), 11 9A52 and 23 PM-38 artillery mounts to Azerbaijan in 2005.
06 June 2006 [08:38]
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.
06 June 2006 [08:34]
540,78 million cubic meters gas instead of 538,55 million cubic meters was submitted to CJSC Azerigas in May this year. It was 99,6% of forecasted level.
06 June 2006 [08:32]
Delegation of Kazakh Ministry of Energy and Mineral Resources headed by Lazzat Kiinov, Deputy Minister, will visit Azerbaijan in order to attend international exhibition conference Caspian Oil & Gas 2006, to be held in Baku June, 6-9.
06 June 2006 [08:28]
Delegation of Polish National Oil and Gas Company representatives with two Vice-Presidents, Zenon Kukhchak and Stanislav Netbalech, at the head will visit Azerbaijan in order to attend international exhibition conference Caspian Oil & Gas 2006, to be held in Baku June, 6-9.
06 June 2006 [08:14]
Ms. Joan McNotton, the Chief Director of International Energy Security Bureau at British Trade and Industry Department, will visit Azerbaijan in order to attend international exhibition conference Caspian Oil & Gas 2006, to be held in Baku June, 6-9.
06 June 2006 [08:09]
6 commercial banks in Azerbaijan have signed an interbank REPO agreement with "bank-bank" scheme in electron trade system at Baku Stock Exchange (BSE).
05 June 2006 [21:37]
BP, operator of the Baku-Tblisi-Ceyhan (BTC) pipeline, today announced that the first cargo of oil transported through the pipeline from Azerbaijan has been exported from the Ceyhan marine terminal on the Turkish Mediterranean coast.
05 June 2006 [20:27]
XIII International Caspian Oil and Gas 2006 exhibition will be held on June 6-9 in Baku.
05 June 2006 [18:16]
Azerbaijan produced 2.863 billion cubic meters of gas in January-May 2006, up 37.4% year-on-year.
05 June 2006 [18:04]
Iran inaugurated its first car production line in Azerbaijan so to manufacture Samand.
05 June 2006 [13:36]
The second delivery of Azerbaijani oil (in the framework of Azeri-Chirag-Guneshli exploitation) with several tankers from Port Ceyhan is expected to be realized during June.
05 June 2006 [08:33]
Next year substantial changes will not be made to Tax Code, Ministry of Tax informs.
05 June 2006 [08:14]
State Oil Company of Azerbaijan Republic (SOCAR) President Rovnag Abdullayev has received the staff of BP-Azerbaijan company headed by David Woodward.
04 June 2006 [17:47]
Press release by Anglo Asian Mining PLC.
04 June 2006 [17:43]
A contract for exports of 530 diesel-powered buses to Azerbaijan was signed in Baku Saturday, Iran-Khodro's public relations department reported.
03 June 2006 [13:57]
SOCAR Marketing and Economic Operation Office exported 334.058 ton oil productions to world countries in May 2006.
03 June 2006 [13:39]
Ministry of Communication and Information Technology and China's Huawei company conducted "Telecommunication Network Transformation" seminar at the Park Inn Azerbaijan hotel, June 2.
03 June 2006 [12:41]
Minister of Economic Development of Azerbaijan Heydar Babayev on 2 June met with the visiting delegation of the Iranian Ministry of Industry and Mines led by Minister, Dr. Alireza Tahmasebi.
03 June 2006 [12:39]
Azerdemiryolbank is expanding its microfinance operations with the support of the European Bank for Reconstruction and Development (EBRD).
03 June 2006 [12:15]
Work is complete on the Azeri section of Baku-Tblisi-Erzurum (BTE) natural gas pipeline, and the first test for transportation is now under way.
03 June 2006 [10:12]
20 workshops are brought an action against due to Ecology and Natural Resources Ministry application to State Prosecutor's Office. Huseyn Baghirov, Ecology and Natural Resources Minister, has told the media about.
03 June 2006 [10:09]
The Directorate of an international payment system Visa International has made decision about promoting the status of Open Joint Stock Company (OJSC) AtaBank from associative to full membership.
03 June 2006 [09:52]
It is expected that minimum level of pensions will be reached to AZN55 for 2008.
03 June 2006 [09:47]
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.
03 June 2006 [09:13]
A loan agreement in the framework of co-financing program between Joint-Stock Bank (JSB) Bank Respublika, Azerbaijan, and The European Bank for Reconstruction and Development (EBRD) may be signed in the next month.
03 June 2006 [09:10]
Improtex Marine & Facilities, Azerbaijan, has recently imported new products to Azerbaijan.
02 June 2006 [22:12]
Trade Union Committee (TUC) of the BOS Shelf Company in Azerbaijan today organized a protest action of workers at work today.
02 June 2006 [21:57]
The first shipment of Caspian Sea oil from a newly-built pipeline in Turkey was loaded onto a tanker destined for Western markets Friday.
02 June 2006 [12:18]
A two-day conference dedicated to economic policy in South Caucasian countries and the strategic role of the International Monetary Fund (IMF) starts in the National Bank of Georgia on Thursday.
02 June 2006 [09:18]
On Friday, crude oil from Azerbaijan is being loaded on to a British vessel on the Turkish Mediterranean coast, a test cargo that inaugurates BP's $4 billion (?2.1 billion) Baku-Tbilisi-Ceyhan (BTC) pipeline, a vital piece of energy infrastructure that will deliver 1 million barrels per day of high quality oil into the Mediterranean.
02 June 2006 [08:43]
Economic Cooperation Organization (ECO) Islamic member countries intend to create International Blue Card System.
02 June 2006 [08:27]
The Black Sea Trade and Development Bank (BSTDB) will run business days in Baku June 11-12. The organizer is Azerbaijan Export and Investment Promotion Foundation (AzPromo).
02 June 2006 [08:25]
JSCB Bank of Baku has today opened its new three branches. This action is realized in the framework of "Increasing the Quality of Services for Clients" Program.
02 June 2006 [08:23]
UN experts have drawn out the report for 2006 on Economic trends, as well as risks and opportunities, for the economies in the Economic Commission for Europe region.
02 June 2006 [08:18]
Joint Stock Azerigasbank had opened its branch in Ganja two days ago.
02 June 2006 [08:16]
State Social Protection Fund (SSPF) will start the process of distributing social insurance certificates for employed citizens from June, 5.
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