Oil prices on world markets
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 $2.49 to trade at ...
SOCAR increased exports of diesel fuel in January-March

SOCAR increased exports of diesel fuel in January-March

02.04.2015 [10:38]
The Department of Marketing and Economic Operations of State Oil Company of Azerbaijan (SOCAR) exported 119,382 tons of diesel and 31, 341 tons of aviation fuel in March of 2015. Since the beginning of the year the company has exported 284,609 tons of diesels ...
Azerbaijan, Bulgaria discuss cooperation in tourism field

Azerbaijan, Bulgaria discuss cooperation in tourism field

02.04.2015 [10:03]
Azerbaijani Ambassador in Bulgaria Emil Karimov has met Minister of Tourism of Bulgaria Nikolina Angelkova. They discussed the issues related to the document signed as part of the visit of President Ilham Aliyev to Bulgaria on March 3-5 entitled “Protocol on enhancement of cooperation in the field of ...
SOCAR starts funding it's share in TANAP project

SOCAR starts funding it's share in TANAP project

02.04.2015 [10:01]
The State Oil Company of Azerbaijan (SOCAR) starts funding its own equity in the project Trans-Anatolian Natural Gas Pipeline (TANAP). According to the Cistran Finance, SOCAR and the Turkish Company BOTAS have 30% stake in the project. BP intends to acquire the remaining 12% stake in the company ...

Azerbaijan, Argentina discuss bilateral ties

01.04.2015 [11:28]
Azerbaijani Deputy Energy Minister Gulmammad Javadov has met Adviser for Political Affairs at the Embassy of Argentina Gabriel Alejandro Jorquera. The sides highlighted the positive dynamics in the development of relations between the two countries in recent years, and discussed ...
Azerbaijan, South Africa discuss how to establish business cooperation

Azerbaijan, South Africa discuss how to establish business cooperation

31.03.2015 [22:00]
Azerbaijan and the Republic of South Africa have explored ways of establishment of cooperation over concrete projects between the business structures as deputy minister of energy Gulmammad Javadov met South African Ambassador to the country Vika Mazwi Khumalo. Mr. Javadov noted Azerbaijan ...
Azerbaijan, Belarus ITC ministries discuss prospects of cooperation

Azerbaijan, Belarus ITC ministries discuss prospects of cooperation

31.03.2015 [14:21]
Azerbaijan’s Information and Communications Technologies minister Ali Abbasov met the visiting delegation led by ICT minister of Belarus Sergey Popkov. The delegations discussed questions of future cooperation in the ICT field. ...
Oil price on world markets

Oil price on world markets

31.03.2015 [12:30]
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 $0.19 to trade at ...
Azerbaijan, Montenegro discuss prospects for economic cooperation

Azerbaijan, Montenegro discuss prospects for economic cooperation

30.03.2015 [22:00]
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 ...