Azerbaijan, Montenegro discuss prospects for economic cooperation
Azerbaijan`s Minister of Economy and Industry Shahin Mustafayev has today met Montenegrin Ambassador to the country Branko Milic. Mr. Mustafayev congratulated the diplomat on his new appointment, and wished him success. Noting successful development of political, economic, humanitarian ...
Surakhani District and Riga Duma discuss prospects for cooperation

Surakhani District and Riga Duma discuss prospects for cooperation

30.03.2015 [15:15]
A delegation led by Riga Duma Vice-Mayor and the Chairman of the Freeport of Riga Board Mr. Andris Ameriks have visited Surakhani District of Baku, Azerbaijan, to discuss expansion of cooperation between the Surakhani District Executive Power and East Executive Board of Riga City Council, as well as development of friendly relations between the two ...
Fluor Selected as Project Management Contractor for OGPC Project of SOCAR

Fluor Selected as Project Management Contractor for OGPC Project of SOCAR

30.03.2015 [13:49]
The State Oil Company of Azerbaijan Republic (SOCAR), as a result of the bidding process, awarded Fluor Limited a contract to provide project management contractor services for its new oil-gas processing and petrochemical complex (OGPC) in Azerbaijan. Fluor will book ...
TAP issues contract notice for Italy onshore construction

TAP issues contract notice for Italy onshore construction

30.03.2015 [13:34]
Trans Adriatic Pipeline AG (TAP) project has announced another tender to pre-qualify for the construction of the Pipeline Receiving Terminal (PRT) and the installation of onshore pipeline in Italy, the consortium said on its official website ...
Management companies buy 93% of SOCAR Eurobonds issue

Management companies buy 93% of SOCAR Eurobonds issue

30.03.2015 [11:51]
Management companies bought 93 percent of SOCAR (State Oil Company of Azerbaijan) Eurobonds issue, placed in March 2015, the company has said. SOCAR placed 15-year Eurobonds with volume of $750 million with a yield of 6.95 percent ...
Oil prices on world markets

Oil prices on world markets

29.03.2015 [10:56]
Oil prices have dropped in the world markets. On the New York Stock Exchange NYMEX (New York Mercantile Exchange) cost of the Light crude oil has decreased $2.56 to trade at $48.87, as well price of British Brent crude oil at the London ICE (InterContinental Exchange Futures) has fallen $2.78 to ...
Japanese Osaka hosts first seminar on Azerbaijan

Japanese Osaka hosts first seminar on Azerbaijan

26.03.2015 [21:17]
The Cross Border Club and WorldInvesters TV has co-organized the first seminar on Azerbaijan in Osaka, Japan. Renowned economist, TV producer Kazuyasu Ishida informed the attendees on Azerbaijan`s geographical situation, history, economy and modern development ...
Astana to host 4th International Caspian Energy Forum

Astana to host 4th International Caspian Energy Forum

22.03.2015 [16:01]
The Kazakh capital of Astana will host the 4th International Caspian Energy Forum and the official “Caspian Energy Award Astana – 2015” prize presentation ceremony late September ...
Azerbaijan, Russia discuss railway cooperation

Azerbaijan, Russia discuss railway cooperation

21.03.2015 [14:37]
Heads of Azerbaijani and Russian railway authorities have discussed ways of developing the bilateral cooperation as they met in Moscow. President of Russian Railways Vladimir Yakunin hailed relations between Russia and Azerbaijan. “Our ties are developing in all ...
Sudanese delegation visits SOCAR

Sudanese delegation visits SOCAR

19.03.2015 [11:46]
A Sudanese delegation led by Foreign Minister Ali Ahmed Karti has visited the State Oil Company of Azerbaijan (SOCAR) to meet its First Vice-President Khoshbakht Yusifzade. Mr. Yusifzade stressed the role of such visits in terms of deepening and expanding bilateral relations between Azerbaijan and ...
“Azerbaijani gas is much cheaper than Russian gas for Turkey”

“Azerbaijani gas is much cheaper than Russian gas for Turkey”

19.03.2015 [11:43]
“Azerbaijani gas is much cheaper for Turkey as opposed to the Russian gas”, the Turkish Minister of Energy and Natural Resources Taner Yildiz said. Russia is the main supplier of natural gas to Turkey. Some 26.7 billion cubic meters of Russian ...
Oil prices on world markets

Oil prices on world markets

19.03.2015 [11:41]
Oil prices have risen in the world markets. On the New York Stock Exchange NYMEX (New York Mercantile Exchange) cost of the Light crude oil has increased $1.2 to trade at $44.66, as well price of British Brent crude oil at the London ICE (InterContinental Exchange Futures) has raised $2.4 to ...
Germany hosts CeBIT-2015 International Telecommunication Exhibition

Germany hosts CeBIT-2015 International Telecommunication Exhibition

19.03.2015 [10:01]
A four-day CeBIT-2015 International Telecommunication Exhibition has kicked off in Hannover, Germany. Within the national pavilion of the Azerbaijan Ministry of Communication and Information Technologies (MCIT) , and other 15 companies operating in the fields of ICT and ...
Uzbekistan, Azerbaijan and Georgia may open representative offices at each other`s railways

Uzbekistan, Azerbaijan and Georgia may open representative offices at each other`s railways

18.03.2015 [19:51]
Uzbekistan, Azerbaijan and Georgia have reached agreement to consider the opening of representative offices at each other`s railways as heads of the three countries` railway authorities signed a protocol at a gathering in Tashkent. ...
Italian portal publishes article on Baku

Italian portal publishes article on Baku

18.03.2015 [15:37]
Italian www.scambieuropei.info portal has published an article entitled “Welcome to Baku, the capital of Azerbaijan”. The article says Baku, which is one of most beautiful cities in the world, is located at the crossroads of Europe and Asia, on the shore of the ...
SOCAR launches 50th fuel station in Ukraine

SOCAR launches 50th fuel station in Ukraine

18.03.2015 [14:10]
The State Oil Company of Azerbaijan (SOCAR) has opened its 50th filling station in Ukraine. The new facility is the 7th petrol station under SOCAR brand in Nikolayev, a major industrial center of the south of Ukraine ...
Baku hosts Azerbaijan Investment Forum

Baku hosts Azerbaijan Investment Forum

17.03.2015 [20:26]
An Azerbaijani investment forum has been organized by the British “The Economist Events” in Baku. The event brought together officials representing the main fields of the Azerbaijani and global economy, economists and public servants. ...
Oil price on world markets

Oil price on world markets

17.03.2015 [12:55]
Oil prices continue to drop in the world markets. On the New York Stock Exchange NYMEX (New York Mercantile Exchange) cost of the US Light crude oil has decreased $0.96 to trade at ...

Azerbaijan's Minister of Transport meets his Qatari counterpart

17.03.2015 [10:46]
Azerbaijan’s Minister of Transport Ziya Mammadov received the Minister of Transport of Qatar Jassim Saif Ahmed Al-Sulaiti. During the meeting Ziya Mammadov informed the guest about the economic development of Azerbaijan, large-scale reforms ...