Business
23 May 2009 [12:57]
SOCAR plans to complete the first phase of expansion of Garadagh
underground gas holder, SOCAR First Vice President Khoshbakt Yusifzade
said.
23 May 2009 [12:23]
Azerbaijani Finance Minister Samir Sharifov will make a speech at the regional economic forum on the current economic situation and medium-term perspectives of the Black Sea region organized by the Black Sea Trade and Development Bank (BSTDB) in Saloniki on June14, the bank said.
23 May 2009 [10:53]
Talks between Turkish Petkim and Iran's National Petrochemical Company
on construction of methanol and polyethylene plant in Iran are at an
early stage, senior SOCAR official said. SOCAR holds 51 percent share
in Petkim together with an alliance with Turkish Turcas.
23 May 2009 [10:36]
Azerbaijan transported 13.07 millions tons of cargo in January-April -
a 38.75-percent increase from the same period in 2008, the State
Customs Committee said.
23 May 2009 [10:22]
Azerbaijan imported goods worth $562.06 million from the Commonwealth
of Independent States (CIS) in January-April, or 30.93 percent of the
country's total imports, the State Customs Committee said.
22 May 2009 [17:36]
President of Azerbaijan Ilham Aliyev today received vice-president of the BP Company Andrew Inglis.
22 May 2009 [16:16]
To implement the proposed Nabucco gas pipeline project is more complicated than other projects, said Azerbaijan’s Minister of Industry and Energy Natig Aliyev.
22 May 2009 [16:03]
Iran signed a contract with an Asian company to conduct exploration in
the Caspian.
22 May 2009 [13:52]
On May 22, the Azerbaijani parliament ratified the contract signed between the State Oil Company of Azerbaijan Republic (SOCAR) and French Total company to explore and develop the offshore Absheron unit in the Azerbaijani section of the Caspian Sea.
22 May 2009 [13:43]
22 May 2009 [13:11]
Azerbaijan seeks to charge Turkey for natural gas a price that is in line with market prices, said Azerbaijan’s Minister of Industry and Energy Natig Aliyev.
22 May 2009 [08:51]
22 May 2009 [08:49]
Mahmud Kerimov, President of Azerbaijan National Academy of Sciences is attending an International Conference on “Scientific and Technological Innovation: National Experience and International Cooperation” in Prague.
21 May 2009 [17:47]
Azerbaijan and Turkey continue to harmonize the gas cost to Turkey
with Azerbaijani gas field Shah Deniz, said on Thursday a senior
representative of SOCAR (the State Oil Company of the Azerbaijani
Republic).
21 May 2009 [17:24]
State Committee on Property of Azerbaijan announced the priorities for
the privatization of large state-owned enterprises in next years, the
Chairman of the State Committee Kerem Hasanov said on May 21.
21 May 2009 [13:20]
Turkey should not link its efforts to normalize ties with Armenia to a settlement between Armenia and Azerbaijan over Nagorno-Karabakh, a French negotiator said on Wednesday, Reuters reported.
21 May 2009 [13:16]
In January-April, the State Oil Company of Azerbaijan Republic (SOCAR)
sold 127,000 tons of the Azerbaijani oil products on the Georgian
market, Head of SOCAR Energy Georgia (SOCAR's subsidiary in Georgia)
Mahir Mammadov said.
21 May 2009 [10:01]
An OSCE-organized seminar on fostering a positive business and investment climate opened in the Nakhchivan Autonomous Republic of Azerbaijan on May 20, OSCE official website reported.
21 May 2009 [09:20]
Georgian Airways will launch new Batumi-Baku flight from May 25, APA reports quoting bizzone.info website.
20 May 2009 [17:24]
The largest Russian brewery Baltika which bought Baku-Kastel (formerly Baku brewery) plant in 2008 intends to produce five decaliters of beer in a summer season, the company's president Anton Artemyev said at the presentation of the Baltika beer in Baku.
20 May 2009 [13:02]
The SOCAR Energy Georgia is planning to increase the number of gas
consumers twice to 57,000 in Georgia this year, head of the company
Mahir Mammadov said.
20 May 2009 [11:54]
The Azerbaijani Natural Resources, Energy and Ecology Committee has submitted three PSA oil and gas contracts to Parliament for confirmation.
20 May 2009 [10:56]
Belarusian enterprises will take part in the 15th anniversary of the
Azerbaijan International Exhibition "Food Industry" and the third
Azerbaijan International Exhibition "Agriculture" to be held in Baku
on May 25-27, the Belarusian Embassy in Azerbaijan said.
20 May 2009 [10:39]
Agricultural production in Azerbaijan in January-April 2009 increased by 5% and amounted to 436 million 318.6 thousand manat, Interfax-Azerbaijan reports with reference to the State Committee on Statistics.
19 May 2009 [17:10]
The British engineering company Aquaterra Energy Ltd was registered in
Azerbaijan through the single window system, the Azerbaijani Tax
Ministry said.
19 May 2009 [16:30]
The Azerbaijani State Committee for Standardization, Metrology and
Patent has registered the project of national standards of Azerbaijan.
The project was designed on the basis of the second and third part of
international standard on information safety ISO/IEC 15408-2008.
19 May 2009 [16:19]
Tariffs on tourist facilities will be reduced inconsiderably in Azerbaijan, Culture and Tourism Minister Abulfaz Garayev said on May 19.
19 May 2009 [16:16]
Italy, heavily dependent on gas imports, is likely to see two major pipelines on stream in 2013, a senior energy executive said Monday, signaling a year of delay in supplies of about 16 billion cubic metres (bcm) of gas.
19 May 2009 [16:11]
The State Oil Company of Azerbaijan Republic (SOCAR) introduces a new
resource management system, Information Technology and Communication
Department of SOCAR said.
19 May 2009 [13:58]
Azerbaijan-Cuba Intergovernmental Commission for Economic Cooperation has gathered in Baku for the second meeting.
19 May 2009 [13:05]
Cuba is interested in cooperation with Azerbaijan in tourism, energy,
trade, culture and other fields, Cuban Deputy Minister on Foreign
Trade and Foreign Investments Ricardo Guerrero said at the second
meeting of the intergovernmental commission on economic cooperation in
Baku.
19 May 2009 [12:38]
For 17 years, the European Bank for Reconstruction and Development (EBRD) has allocated 865 million euro to finance projects in Azerbaijan, said bank's annual report.
19 May 2009 [11:39]
Azerbaijan will charge Turkey about $200-$250 per 1,000 cubic meters of gas, compared to $120 it charged previously, Turkey’s Haber7 reported.
19 May 2009 [09:14]
SOCAR (the State Oil Company of Azerbaijan) prepares own special
petrochemical strategy for work of the company in South-Eastern Europe, SOCAR Romanian representation head Gamza Kerimov said on May 18.
19 May 2009 [09:09]
The main country in the Nabucco pipeline project is Azerbaijan, said the EU Special Representative for South Caucasus Peter Semneby on May 18 in Baku.
19 May 2009 [08:47]
Gas quantities from Iraq will contribute substantially -among other sources - to use the pipeline as an important tool to reach European markets, Spokesperson Nabucco Gas Pipeline International in the OMV company Christian Dolezal wrote to Trend Capital via e-mail.
18 May 2009 [17:55]
18 May 2009 [17:34]
Gas quantities from Iraq will contribute substantially -among other
sources - to use the pipeline as an important tool to reach European
markets, Spokesperson Nabucco Gas Pipeline International in the OMV
company Christian Dolezal wrote to Trend Capital via e-mail.
18 May 2009 [15:53]
The European Union must accelerate the solution of issues concerning the implementation of the Nabucco pipeline project, said the Turkish Prime Minister Rajab Tayyip Erdogan, Turkish channel CNN Turk reported.
18 May 2009 [13:45]
Cuba is interested in importing Azerbaijani food products, Deputy
Minister for Foreign Trade and Foreign Investment of Cuba Ricardo
Guerrero said on May 18.
18 May 2009 [13:36]
The Azerbaijani oil transportation via the Baku-Novorossiysk pipeline
has been restored.
18 May 2009 [11:59]
In January-April 2009, Azerbaijan received about 628 million cubic
metre of gas from Shah Deniz field. The figure totaled 736 million
cubic metre in the same period of 2008.
18 May 2009 [10:51]
Day.Az Interview with the head of the European Commission in Azerbaijan Alan Vaddams.
18 May 2009 [09:34]
Minister of Trade and Investments of the Republic of Cuba Ricardo Guerrero visited Lenkoran during his visit to Azerbaijan.
16 May 2009 [11:28]
Nabucco project envisions supply natural gas from the Caspian basin to Europe, bypassing Russia - through Azerbaijan, Georgia, Turkey, Bulgaria, Hungary, Romania and Austria.
15 May 2009 [16:29]
The third meeting of Azerbaijan-Poland intergovernmental commission
took place in Warsaw on May 13-15, as a result of which was signed a
program for further development of interstate relations, said the
press release by the Embassy of Azerbaijan in Poland.
15 May 2009 [14:43]
Canceling exemption of import wheat from VAT, imposed in 2007 with a prolongation of a year, will not lead to a rise on wheat prices, Azerbaijani Agriculture Minister Ismat Abbasov said.
15 May 2009 [12:40]
The Azerbaijani parliamentary delegation and Lithuanian Prime Minister Andrius Kubilius met in Vilnius on May 15.
15 May 2009 [12:20]
15 May 2009 [10:50]
Azerbaijan State Railway Company is going to pass to the summer schedule, said spokesman for the Azerbaijan State Railway Company Nadir Azmamedov.
15 May 2009 [10:04]
Our main priority is, of course, the continued reform of the Black Sea Economic Cooperation, aimed at ensuring its greater efficiency, said the Deputy Minister of Foreign Affairs of Azerbaijan Mahmud Mamedkuliev.
15 May 2009 [09:44]
The seventh meeting of the working group on accession of Azerbaijan to the World Trade Organization will be held in Geneva in June, Deputy Minister of Foreign Affairs of Azerbaijan Mahmud Mamedkuliev told reporters.
14 May 2009 [17:42]
In the first quarter of 2009, the number of employees in transport
enterprises in Azerbaijan increased by 1,400 people to 70,700 people,
the State Statistical Committee said.
14 May 2009 [15:57]
Cost of gas which is produced from the Azebraijani gas and condensate Shah Deniz field for Turkey will be re-considered in line with the
market prices for gas, Turkish Energy and Natural Resources Minister Taner Yildiz said.
14 May 2009 [15:39]
Turkish Energy and Natural Resources Minister has informed journalists.
14 May 2009 [12:49]
A meeting of the CIS Council on Rail Transport will be held in Minsk
on May 21-22, Press Secretary of the Azerbaijani State Railway Office
(ASRO) Nadir Azmammadov said on May 14.
14 May 2009 [12:38]
14 May 2009 [11:51]
The Organization of the Petroleum Exporting Countries (OPEC) forecasts
that the export of Azerbaijani oil will reach 0.96 million barrel per
day in 2009.
14 May 2009 [10:54]
U.S.-Kazakhstan joint venture Tengizchevroil will ship 1.2 million
barrels of Kazakh oil from the Tengiz field from the Turkish port of
Ceyhan in June compared to 600,000 barrels in May.
14 May 2009 [10:12]
The State Oil Company of Azerbaijan (SOCAR) continues work aimed at increasing production at old fields.
13 May 2009 [17:23]
13 May 2009 [16:44]
The United States Energy Information Agency (EIA) predicts an increase
of oil deliveries from Azerbaijan to 0.12 million bpd to 1 million
barrels in 2009.
13 May 2009 [16:10]
Nabucco gas pipeline project has stepped into intensive phase for technical detailed engineering, according to the Nabucco Gas Pipeline International official website.
13 May 2009 [16:02]
President of the Azerbaijani National Confederation of Entrepreneurs Alakpar Mammadov resigned, Confederation's report said.
13 May 2009 [15:20]
Azerbaijan Republic Ministry of Transport is ready to finish reconstruction of the main international highways.
13 May 2009 [14:25]
13 May 2009 [13:55]
Air communication was established between Batumi and Baku. Head of the
government of the Ajara Autonomous Republic Levan Varshalomidze and
Azerbaijan Airlines (AZAL) Director General discussed this issue at
the meeting, the Ajara government told Trend Capital.
13 May 2009 [13:45]
The International Monetary Fund (IMF) forecasts the highest GDP rate in Azerbaijan at 12.3 percent in Caucasus and Central Asia in 2010, the IMF's official Web site reported.
13 May 2009 [13:43]
The State Supervision Service on consumer market at the Azerbaijani Economic Development Ministry revealed facts of sale of false cement in Shirvan city, the ministry reported.
13 May 2009 [12:49]
The International Monetary Fund (IMF) forecasts Azerbaijan's state
debt of GDP at 11.8 percent, the IMF May regional economic review
said.
13 May 2009 [11:37]
The Greek Oil Company (GOC) is interested in purchasing the Azerbaijani oil to refine it at the Greek refineries, President of the GOC John Kostopoulos said at the meeting with the State Oil Company of Azerbaijan Republic (SOCAR) President Rovnag Abdullayev in Baku.
13 May 2009 [11:16]
The State Committee on Standardization, Metrology and Patent of Azerbaijan is planning to complete the development of five new standards before the end of the year, head of the Committee Ramiz Hasanov said.
13 May 2009 [11:11]
The Azerbaijani State Customs Committee presented electronic
technology to be applied to 'single window' system during inspecting
goods and vehicles at checkpoints, the agency's official newspaper
wrote.
13 May 2009 [10:19]
The Azerbaijani and Slovak Justice Ministries signed a cooperation memorandum in Baku on May 12.
12 May 2009 [17:54]
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