“UAE was interested in development of relations with Azerbaijan in energy field”
UAE`s Minister of Energy Suhail Mohammed Faraj Al Mazroui has said his country was interested in developing relations with Azerbaijan as he met the country`s Ambassador Dashgin Shikarov ...
USA and European Union supports TAP project

USA and European Union supports TAP project

05.05.2016 [18:13]
U.S.-EU Energy Council reaffirmed that energy security, through access to reliable, affordable, diversified, efficient and sustainable energy in the United States and Europe, remains a fundamental objective. The Council reiterated its strong support for the opening of the Southern ...
Oil price on world markets

Oil price on world markets

05.05.2016 [10:51]
The price of oil changed in the world markets. On the New York Stock Exchange NYMEX (New York Mercantile Exchange) cost of the US Light crude oil increased $0.98 to stand at $44.73 ...
‘More than $ 2.5 billion has been saved so far on TANAP project’

‘More than $ 2.5 billion has been saved so far on TANAP project’

04.05.2016 [21:08]
“Trans-Anatolian gas pipeline (TANAP) project's final investment fell to $ 9.2 billion so far through saving $2.5 billion,” Director General of TANAP Saltuk Duzyol said. He said that the global economic downturn and fall in oil and commodity prices provided significant spending ...
TAP awards compressor stations contract to Italian-Greek Joint Venture

TAP awards compressor stations contract to Italian-Greek Joint Venture

04.05.2016 [18:04]
Trans Adriatic Pipeline AG (TAP) has selected a joint venture comprising Renco S.p.A (Italy) and Terna S.A. (Greece) for the Engineering, Procurement and Construction (EPC) of the project’s compressor stations, the company said a statement. In Greece, the award covers the provision of engineering ...
Oil price on world markets

Oil price on world markets

04.05.2016 [11:48]
The price of oil has continued to fall in the world markets. On the New York Stock Exchange NYMEX (New York Mercantile Exchange) cost of the US Light crude oil decreased $1.17 to stand at ...
Azerbaijan`s Minister of Finance joins annual meeting of Council of Governors of ADB

Azerbaijan`s Minister of Finance joins annual meeting of Council of Governors of ADB

03.05.2016 [18:57]
An Azerbaijani delegation led by Minister of Finance Samir Sharifov, is participating in the annual meeting of the Board of the Asian Development Bank (ADB). The Annual Meeting brought together over three thousand representatives consisting of ministers, high ranking government officials, business people and heads of central banks ...
Shahdenız partners award Subsea installation contract

Shahdenız partners award Subsea installation contract

03.05.2016 [18:36]
Shahdeniz consortium today announced the award of a $1.5 billion contract for the transport and installation of the deeper water subsea production systems for Shah Deniz Stage 2 to the BOS Shelf LLC, Saipem Contracting Netherlands B.V. and Star Gulf FZCO consortium ...
Time to implement SDGs: UN chief

Time to implement SDGs: UN chief

03.05.2016 [14:32]
The time has come to implement development goals that will eradicate extreme poverty, protect the planet, and ensure prosperity for all people. That was the message UN Secretary-General Ban Ki-moon delivered to the UN Economic and Social ...
Oil price on world markets

Oil price on world markets

03.05.2016 [10:59]
The price of oil fall again in the world markets. On the New York Stock Exchange NYMEX (New York Mercantile Exchange) cost of the US Light crude oil decreased $0.67 to stand at ...
SOCAR launches offshore stationary platform No. 6 at Bulla-deniz field   <span style="color:#ff0000">VIDEO</span>

SOCAR launches offshore stationary platform No. 6 at Bulla-deniz field VIDEO

02.05.2016 [21:30]
Azerbaijan`s state oil firm (SOCAR) has today launched a new offshore stationary platform No. 6 at Bulla-deniz field. SOCAR President Rovnag Abdullayev and other senior managers of the company attended the launch ceremony ...
SOCAR to drill four gas wells in Bulla-deniz platform No. 6   <span style="color:#ff0000">VIDEO</span>

SOCAR to drill four gas wells in Bulla-deniz platform No. 6 VIDEO

02.05.2016 [21:12]
“SOCAR plans to drill four natural gas wells in the next three years in the newly-built platform No. 6 on Bulla-deniz oilfield,” SOCAR president Rovnag Abdullayev said. “The well will produce four mln cubic meters of gas a day.” He said platform No. 6 was built according to international standards and the drilling had ...
AIIB, ADB sign MoU to strengthen cooperation for sustainable growth

AIIB, ADB sign MoU to strengthen cooperation for sustainable growth

02.05.2016 [19:12]
Asian Infrastructure Investment Bank (AIIB) President Jin Liqun and Asian Development Bank (ADB) President Takehiko Nakao signed a memorandum of understanding (MOU) today on the sidelines of ADB’s 49th Annual Meeting of the Board of Governors, according to official ...

BHOS and SOCAR Polymer LLC sign cooperation agreement

02.05.2016 [18:02]
BHOS and SOCAR Polymer LLC came to agreement on mutual cooperation. Chief executive of SOCAR Polymer Farid Jafarov, representatives of SOCAR Polymer, BHOS management, professors, lecturers and students took part at the event. BHOS rector Elmar ...
Azerbaijan, Turkey to enhance cooperation in railway field

Azerbaijan, Turkey to enhance cooperation in railway field

02.05.2016 [17:30]
“Azerbaijan and Turkey will enhance cooperative relations in railway and infrastructure fields,” said spokesperson of Azerbaijan Railways Nadir Azmammadov. He said the agreement on this was reached at the “Trans-Caspian East-West Trade ...
US Congress hosts briefing on “New Silk Road”

US Congress hosts briefing on “New Silk Road”

02.05.2016 [12:08]
The US Congress hosted a briefing on the theme “New Silk Road" connecting East Asia and Western Europe: Opportunities and global impacts”, organized by the embassies of Azerbaijan, Georgia, Kazakhstan and Turkey in United States, on April 29 ...
PASHA Sigorta starts motor vehicle insurance (CASCO) campaign

PASHA Sigorta starts motor vehicle insurance (CASCO) campaign

02.05.2016 [11:16]
As is reported, PASHA Insurance celebrates its 10th anniversary and has announced motor vehicle insurance (CASCO) campaign named “Get a discount for 10 years of driving” for the insurance market. Purpose of the project is to spend less customer’s ...
Oil price on world markets

Oil price on world markets

30.04.2016 [12:09]
The price of oil has changed in different directions in the world markets. On the New York Stock Exchange NYMEX (New York Mercantile Exchange) cost of the US Light crude oil increased $0.11 to stand at $45.9 ...

Azerbaijan joins international tourism exhibition in UAE

30.04.2016 [11:47]
An Azerbaijani participated in the International Travel Fair in Dubai, UAE. Arabian Travel Market is the travel and tourism event unlocking business potential within the Middle East for inbound and outbound tourism professionals ...