11.03.2017 | Readed: 1305
“We strongly believe that as a result of significant changes made to the current regulations Azerbaijan was able to accomplish the implementation of all corrective actions. We consider Board’s decision on suspension of Azerbaijan as an unfair one.......
03.03.2017 | Readed: 1456
Azerbaijan will export hazelnuts to Spain. According to Azerbaijan Export and Investments Promotion Foundation (AZPROMO), the issue of the export of 128 tons of......
23.02.2017 | Readed: 1468
The State Oil Company of the Azerbaijan Republic (SOCAR) and Japan’s Itochu Oil Exploration Co., Ltd. have today inked a Memorandum of Understanding on scientific and technical cooperation.
Prior to the signing ceremony, SOCAR leadership met with a......
22.02.2017 | Readed: 1627
The price of a barrel of Azeri Light crude oil increased $0.75 to stand at $57.46 on the world markets.
On NYMEX (New York Mercantile Exchange) cost of the US light crude oil rose $0.25 to trade at $53.65. Price of the Brent crude oil at the London ICE......
18.02.2017 | Readed: 2049
Azerbaijan and Denmark have signed the convention on avoidance of double taxation and prevention of tax evasion on income taxes.
The document was signed by Azerbaijani Minister of Taxes Fazil......
17.02.2017 | Readed: 1885
AZALJET (low-cost brand of Azerbaijan Airlines) will launch regular flights from Moscow Vnukovo Airport to Azerbaijani regions - Ganja and Gabala starting March 15.
Moscow-Ganja flights will be......
11.02.2017 | Readed: 1839
Oil prices continue to rise on the world markets.
On NYMEX (New York Mercantile Exchange) cost of the US Light crude oil increased $0.86 to stand at $53.86. Price of the Brent crude oil at the......
09.02.2017 | Readed: 2005
The US Energy Information Administration (EIA) raised its forecast on crude oil prices for this year in its short-term energy outlook report released Tuesday.
Global benchmark Brent crude is......
08.02.2017 | Readed: 1833
The State Oil Fund of the Republic of Azerbaijan (SOFAZ) has made a profit of 2,506,000,000 US dollars from Shahdeniz gas field project since 2007.
SOFAZ earned $64 million from this gas field in the first seven months of this year. No profit has been made......
02.02.2017 | Readed: 1874
Azerbaijan is ranked second among developing countries upon Inclusive Development Index (IDI). According to Inclusive Growth and Development Report of World Economic Forum held in Switzerland, Lithuania and Azerbaijan share first and second place with......
30.01.2017 | Readed: 1894
A seminar on the development of tourism will be held in Tokyo from January 29 to February 4 on the sidelines of the GUAM-Japan......
27.01.2017 | Readed: 1809
“The OPEC and non-OPEC oil production cuts won't harm the BP,” BP CEO Robert Dudley told reporters on Wednesday.
“The OPEC output cut deal wouldn't be a problem for the BP, who has operations......
24.01.2017 | Readed: 1880
Azerbaijan plays role of the most profitable and reliable logistical centre in the Caspian Sea region, has said former Culture and Tourism Minister of Turkey, Chief Advisor to the President Erdogan Yalchin......
23.01.2017 | Readed: 1832
Some 19 Azerbaijani companies have attended the International Green Week 2017 fair of the food, agriculture and gardening industries in Berlin, Germany.
Azerbaijan is represented in the event by a......
17.01.2017 | Readed: 1727
In the first stage, 20.6 million USD will be invested in the Pirallahi Industrial Park’s Construction, Azerbaijani Minister of Economy Shahin Mustafayev said.
The plant will be built on an area of......
14.01.2017 | Readed: 1779
The official website of the World Economic Forum has published an article by Azerbaijani President Ilham Aliyev headlined "Azerbaijan's economic priorities for......
13.01.2017 | Readed: 1818
SOCAR Polymer is planned to be fully operational in......
12.01.2017 | Readed: 1774
Al Jazeera has prepared another TV spotlight about tourism opportunities in Azerbaijan.
It highlights that Azerbaijan is at crossroads of the East and the West, as well as the place of confluence of......
07.01.2017 | Readed: 1740
Heydar Aliyev International Airport served 3.26 million passengers in 2016, which is a record in Azerbaijan's civil aviation......
06.01.2017 | Readed: 1750
A total of 1,523,075 Azerbaijani citizens travelled to Georgia in 2016, according to the Georgian National Tourism Administration. It is 129,818 persons or 9.3 per cent more than in 2015, official statistics suggests. Azerbaijan is the leader for the......
22.12.2016 | Readed: 1770
The Asian Infrastructure Investment Bank (AIIB) has approved a $600 million loan for Trans-Anatolian Natural Gas Pipeline (TANAP), according to Beijing headquarters of the bank.
AIIB Vice-President......
15.12.2016 | Readed: 1799
The Board of CJSC Azerbaijan Airlines (AZAL) has decided to establish Azerbaijan's own low-cost......
13.12.2016 | Readed: 1765
Oil prices continue to rise on the world markets.
On NYMEX (New York Mercantile Exchange) cost of the US Light crude oil increased $1.33 to stand at $52.83. Price of the Brent crude oil at the London ICE (Intercontinental......
09.12.2016 | Readed: 1822
The recent increase in aviation fuel prices by the Tariff Council does not affect the current air ticket rates of Azerbaijan Airlines (AZAL) national flag carrier.
Like all airlines, AZAL's air ticket prices are formed on a......
08.12.2016 | Readed: 1816
Heydar Aliyev International Airport served over 231,000 passengers in November this year, which is 23 percent higher than the same period of last year.
Over 11 months of 2016 the Baku airport served......
07.12.2016 | Readed: 1813
Azerbaijani Minister of Finance Samir Sharifov has said the non-oil sector revenues will account for 8.3 billion manats in the country`s 2017 state budget. This makes 51.2 per cent......
07.12.2016 | Readed: 1725
2,72,571 tons of Azerbaijani oil was transported via Baku-Tbilisi-Ceyhan-BTC main export pipeline in November......
28.11.2016 | Readed: 1886
The price of a barrel of Azeri Light crude oil decreased $1.25 to stand at $48.92 on the world markets.
AZERTAC
...
25.11.2016 | Readed: 1913
Azerbaijan Airlines (AZAL) announced a new campaign for flights on the route from Baku to Tel Aviv.
When buying from December 1 to 20, air ticket for the flights on Baku-Tel-Aviv-Baku route in the period from January 10 to......
23.11.2016 | Readed: 1789
The price of a barrel of Azeri Light crude oil increased $0.05 to trade at $49.69 on the world markets.
On NYMEX (New York Mercantile Exchange) cost of the US light crude oil decreased $0.21 to stand at $48.03. Price of the......
21.11.2016 | Readed: 1826
SOCAR has opened its 2nd filling station in Ilfov, Romania.
The opening ceremony was attended by SOCAR Vice-president for economic issues Suleyman Gasimov, representatives of Azerbaijani Embassy in Romania, Turkish......
17.11.2016 | Readed: 1819
Oil prices continue rose on the world markets.
On NYMEX (New York Mercantile Exchange) cost of the US Light crude oil increased $2.49 to stand at $45.81. Price of the Brent crude oil at the London ICE (Intercontinental......
14.11.2016 | Readed: 1763
Azeri Light crude oil price has fallen on the world markets.
The price of a barrel of Azeri Light crude oil decreased $1.38 to stand at $44.78
AZERTAC
...
12.11.2016 | Readed: 1713
On November 9-10, Bucharest hosted the Romania Oil & Gas Conference and Exhibition 2016, organized by Petroleum Industry Review and Petroleum Club of Romania, the State Oil Company of Azerbaijan Republic (SOCAR)......
10.11.2016 | Readed: 1744
"Bank Silk Way" has launched a fully renewed new corporate website www.banksilkway.az. The new site, according to the bank's corporate standards, is remarkable for contemporary design, different structure and ease of use. During development of the site daily needs......
04.11.2016 | Readed: 1685
Azerbaijani Silk Way airline has launched the first cargo delivery by a charter flight to Prague.
The company plans to carry out permanent flights for transportation of cargo to Europe, especially Czech Republic in......
28.10.2016 | Readed: 1871
Azerbaijani Energy Minister Natig Aliyev will attend the summit of energy ministers of OPEC and non-OPEC countries that will be held on October 29 in Vienna.
As is reported, Russia, Kazakhstan, Bahrain, Bolivia, Brazil,......
27.10.2016 | Readed: 1720
Oil prices fell again on the world markets.
On the New York Stock Exchange NYMEX (New York Mercantile Exchange), the cost of the US Light crude oil decreased $0.78 to stand at $49.18. The price of Brent crude fell $0.81 to......
26.10.2016 | Readed: 1759
Doing Business 2017 report has ranked Azerbaijan among 29 countries that implemented three or more reforms. The country`s overall standing in the report is 65.
The reports says Azerbaijan facilitated international trade......
22.10.2016 | Readed: 1710
Samsung Galaxy Note 7 smartphone devices were banned from Azerbaijan Airlines (AZAL) both in hand luggage and checked baggage.
The decision was made following a similar ban made by the US aviation authorities, as well as......
21.10.2016 | Readed: 1711
International Renewable Energy Conference has today started in Baku as part of the 7th International Forum on Energy for Sustainable Development.
Deputy Chairman of the State Agency on Alternative and Renewable Energy......
12.10.2016 | Readed: 1753
Azerbaijan Airlines CJSC (AZAL) is increasing the number of regular flights from Baku to London, in accordance with the winter schedule. Currently, AZAL is carrying out five flights per week from the Heydar Aliyev International Airport to the major international......