Russian, Turkish presidents to discuss Turkish Stream
Russian President Vladimir Putin and his Turkish counterpart Recep Tayyip Erdogan will meet next autumn to discuss "Turkish stream" gas pipeline project, said spokesman to the Russian President Dmitri Peskov, according ...
SOCAR produces 3.4 bn cm of gas in first half of the year

SOCAR produces 3.4 bn cm of gas in first half of the year

04.08.2015 [17:08]
In January-June, the State Oil Company of Azerbaijan Republic (SOCAR) produced 3, 372,000,000 cubic meters of gas. According to SOCAR, a total of 14, 679,400,000 cubic meters of was produced in Azerbaijan in the first six months. ...
Azerbaijani Deputy Energy Minister interviewed by Japanese MBS TV channel

Azerbaijani Deputy Energy Minister interviewed by Japanese MBS TV channel

04.08.2015 [16:21]
Azerbaijan's Deputy Energy Minister Natiq Abbasov has been interviewed by Japanese MBS television channel. Abbasov emphasized the importance of the Southern Gas Corridor in terms of ensuring energy security of Europe as he responded ...
Azerbaijan to host international conference on energy economics

Azerbaijan to host international conference on energy economics

04.08.2015 [13:06]
Azerbaijan will be hosting the first International Eurasian Conference on energy economics on August 31–September 3, 2016 in Baku. Preparations for the event and organizational issues we discussed during a meeting between Azerbaijani Deputy Minister of Culture and ...
First test container train arrives in Baku on Shikhezi-Dostik-Aktau-Alat route <span style="color:#ff0000">VIDEO</span>

First test container train arrives in Baku on Shikhezi-Dostik-Aktau-Alat route VIDEO

03.08.2015 [21:45]
The first test container train "Nomand express" has today arrived at Baku International Sea Port from China on Shikhezi (China)-Dostik-Aktau-Alat route. The ceremony to welcome the train was attended by First Deputy Premier Abid Sharifov ...
Iran, Azerbaijan have great potential for cooperation in energy, transport and trade areas

Iran, Azerbaijan have great potential for cooperation in energy, transport and trade areas

03.08.2015 [21:25]
"Iran and Azerbaijan have great potential for cooperation in energy, transport and trade areas. Using the current potential for their economic development, both countries can realize joint programs that will help them get access to foreign markets, including European one ...
Fukuoka hosts workshop on Azerbaijan

Fukuoka hosts workshop on Azerbaijan

03.08.2015 [19:11]
A seminar entitled "Azerbaijan – a land of future" has been organized in the Japanese city of Fukuoka. Addressing the event, producer of "World Investors TV", well-known economist and expert Kazuyasu Ishida said the seminar is aimed at ...
Deputy Prime Minister: BTK will help ensure sustainable, safe and timely delivery of goods <span style="color:#ff0000">VIDEO</span>

Deputy Prime Minister: BTK will help ensure sustainable, safe and timely delivery of goods VIDEO

03.08.2015 [18:20]
"Baku-Tbilisi-Kars (BTK) railway line will deliver the loads in a shorter distance (550-600 km) compared with other corridors shipping from the East to the Europe. The importance of this route is that it will ensure sustainable, totally safe and timely delivery of goods from China ...
Azerbaijan to purchase 10 new locomotives  <span style="color:#ff0000">VIDEO</span>

Azerbaijan to purchase 10 new locomotives VIDEO

03.08.2015 [12:43]
Azerbaijan Railways plans to purchase new passenger and cargo locomotives, said the head of Azerbaijan Railways CSC Javid Gurbanov at the ceremony held on test of container train "Nomand Express" ...
EHTTA experts visit Azerbaijani resorts

EHTTA experts visit Azerbaijani resorts

03.08.2015 [10:38]
The European Thermal Towns Association (EHTTA) has sent its experts to Azerbaijan to assess the country's potential. On July 22-29 the EHTTA experts Michel Thomas Pinet and Ahmet Hikmet Shahin have come to Azerbaijan to study the possibility ...
Standard & Poors approves credit rating for Azerbaijan

Standard & Poors approves credit rating for Azerbaijan

31.07.2015 [21:43]
Standard & Poors credit rating for Azerbaijan stood at BBB-. Fitchs credit rating for Azerbaijan is BBB-. "The Euro decreased to 1.10 US dollars in July from 1.11 in June of 2015. The euro was only introduced as a currency on the first of ...
Turkish Stream project comes to halt, Turkish media

Turkish Stream project comes to halt, Turkish media

31.07.2015 [14:19]
Ankara has reportedly suspended the Turkish Stream project because of a lack of progress in negotiations, according to the Turkish media. Russia has recently submitted a draft project of the first line of the Turkish Stream to the Turkish government. ...
Oil price on world markets

Oil price on world markets

31.07.2015 [11:26]
The price of oil fell again in the world markets. On the New York Stock Exchange NYMEX (New York Mercantile Exchange) cost of the US Light crude oil decreased $0.58 to stand at ...
Russian Energy Minister: Turkish stream construction could be delayed

Russian Energy Minister: Turkish stream construction could be delayed

30.07.2015 [17:04]
Russian Energy Minister Alexander Novak said there was a risk construction of an underwater pipeline to Turkey could be delayed if a related intergovernmental agreement was not signed soon, according to Interfax news agency ...
Greek government to resume talks with SOCAR on the sale of control packet of shares of DESFA

Greek government to resume talks with SOCAR on the sale of control packet of shares of DESFA

30.07.2015 [11:21]
Next week, the Greek government will resume talks with Azerbaijan's state oil company SOCAR on the sale of a controlling interest in Greece's gas transmission system operator DESFA, the productive reconstruction, environment and energy minister of Greece, Panos ...
Azerbaijan to produce "Euro-5" gasoline in 2018

Azerbaijan to produce "Euro-5" gasoline in 2018

30.07.2015 [09:40]
State OIl Company of Azerbaijan (SOCAR) will carry out the production of Ai-92 and Ai-95 gasoline in accordance with environmental standards of "Euro-5" from 2018., the Baku Oil Refinery general engineer Nail Amirov said. "According to the established program, Ai- 92 and Ai-95 gasoline will be processed in standards of "Euro-5", he stressed ...
Oil price on world markets

Oil price on world markets

29.07.2015 [09:59]
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 $0.15 to stand at $47.83. Price of British Brent crude oil at the London ICE (InterContinental Exchange Futures) fell $0.19 to trade at $53.11 ...
Azerbaijani Ministry of Agriculture, German's Haller company discuss prospects for cooperation

Azerbaijani Ministry of Agriculture, German's Haller company discuss prospects for cooperation

28.07.2015 [14:03]
Azerbaijani Minister of Agriculture Heydar Asadov has met CEO at Haller Livestock AG Kai Uwe Haller to discuss prospects for cooperatin in the field of agriculture. Minister Asadov stressed the importance of cooperation with German companies in the field of livestock ...