First tranche of loan to be provided by World Bank allocated for Southern Gas Corridor project
First tranche of the loan to be provided by the World Bank was allocated for Southern Gas Corridor project immediately after the “Southern Gas Corridor” Advisory Council Third Ministerial Meeting ...
“Azpetrol Ltd” LLC becomes partner of Caspian Energy Forum Baku – 2017

“Azpetrol Ltd” LLC becomes partner of Caspian Energy Forum Baku – 2017

24.02.2017 [15:22]
“Azpetrol Ltd” LLC has become a partner of the 4th International Caspian Energy Forum-2017 (www.caspianenergyforum.com) which will take place in Baku on April 12, 2017. “Azpetrol Ltd” LLC is an active member of the Caspian European ...
FIMSA, World Bank and SECO cooperate to modernize Azerbaijan’s financial sector

FIMSA, World Bank and SECO cooperate to modernize Azerbaijan’s financial sector

24.02.2017 [15:01]
Financial Markets Supervision Authority of the Republic of Azerbaijan (FIMSA), Swiss Secretariat for Economic Affairs (SECO) and World Bank launched the second phase of the Financial Sector Modernization Project (FSMP2). The objective of the Project is ...
‘US is interested in ensuring Europe's energy security with Azerbaijani resources’, Robin Dunnigan

‘US is interested in ensuring Europe's energy security with Azerbaijani resources’, Robin Dunnigan

24.02.2017 [11:28]
US is interested in ensuring Europe's energy security with Azerbaijani resources, said Robin Dunnigan, Deputy Assistant Secretary for Energy Diplomacy of US at the third Ministerial Meeting of Southern Gas Corridor Advisory Council, held in Baku ...
Agriculture Minister of Azerbaijan: There is a need of Turkish businessmen for investing in processing industry in Azerbaijan

Agriculture Minister of Azerbaijan: There is a need of Turkish businessmen for investing in processing industry in Azerbaijan

24.02.2017 [10:47]
Azerbaijan will further create all necessary conditions for Turkish businessmen for investing in agricultural sector, Heydar Asadov, Agriculture Minister of Azerbaijan Heydar Asadov stated at the Turkish-Azerbaijani Agrarian Business Forum. Hailing the developing of Azerbaijan-Turkey cooperation ...
Azeri Light crude sells for $58/barrels

Azeri Light crude sells for $58/barrels

24.02.2017 [10:44]
The price of a barrel of Azeri Light crude oil increased $1.08 to stand at $58.24 on the world markets. On NYMEX (New York Mercantile Exchange) cost of the US Light crude oil decreased $0.02 to stand at $54.43. Price of the Brent ...
Azerbaijani President signs decree on expansion of foreign trade operations

Azerbaijani President signs decree on expansion of foreign trade operations

24.02.2017 [10:40]
President of the Republic of Ilham Aliyev has signed a decree on additional measures for the strengthening of Azerbaijan’s position as a Digital Trade Hub and the expansion of foreign trade operations ...
Azerbaijan, Japan discuss prospects for economic and trade relations

Azerbaijan, Japan discuss prospects for economic and trade relations

23.02.2017 [23:07]
The 9th joint meeting of the State Commission on Economic Cooperation between Azerbaijan and Japan, and Japan-Azerbaijan Economic Committee has taken place in Baku. Azerbaijani Deputy Prime Minister, co-chair of the commission Abid Sharifov ...
‘Southern Gas Corridor project enjoys interest of the world and Europe’

‘Southern Gas Corridor project enjoys interest of the world and Europe’

23.02.2017 [22:00]
“The Southern Gas Corridor enjoys interest of the world, especially Europe thanks to its $40 bln budget and the projects that make up its segments,” said Azerbaijan`s Energy Minister Natig Aliyev at a press conference dedicated to the Third Ministerial Meeting of the Southern Gas Corridor ...
Maros Sefcovic: The European Commission will do its utmost to deliver Azerbaijani gas to Turkey and Europe

Maros Sefcovic: The European Commission will do its utmost to deliver Azerbaijani gas to Turkey and Europe

23.02.2017 [20:06]
The European Commission will do its utmost to deliver Azerbaijani natural gas to Turkey in 2018 and Europe in 2020, European Commission Vice-President for Energy Union Maros Sefcovic has told a press conference following the Third Ministerial Meeting of the Southern Gas Corridor Advisory Council ...
SOCAR Tower earns National Recognition Award of American Council of Engineering Companies

SOCAR Tower earns National Recognition Award of American Council of Engineering Companies

23.02.2017 [20:03]
SOCAR Tower has earned the National Recognition Award in the American Council of Engineering Companies (ACEC) 2017 Engineering Excellence Awards (EEA) competition - “The Academy Awards of the engineering industry” - which is celebrating its 50th anniversary this year ...
AZPROMO sets up Italy office

AZPROMO sets up Italy office

23.02.2017 [18:18]
Azerbaijan Export and Investment Promotion Foundation (AZPROMO) has established its office in Italy. The office will work to expand relations between Azerbaijani and Italian businessmen, promote the export of Azerbaijani products ...
Azerbaijani energy minister: Southern Gas Corridor Advisory Council is of vital political importance

Azerbaijani energy minister: Southern Gas Corridor Advisory Council is of vital political importance

23.02.2017 [17:15]
“The Southern Gas Corridor (SGC) Advisory Council is of vital political meaning. Not only is the SGC a pure economic project and enjoys great interest, but every country attaches political significance to it,” Energy Minister of Azerbaijan Natig Aliyev has told AZERTAC ...
ASE EXPRESS & OCS, DSV becomes partner of Caspian Energy Forum Baku 2017

ASE EXPRESS & OCS, DSV becomes partner of Caspian Energy Forum Baku 2017

23.02.2017 [16:45]
ASE EXPRESS & OCS, DSV has become a partner of the 4th International Caspian Energy Forum-2017 (www.caspianenergyforum.com) which will take place in Baku on April 12, 2017. ...
Total to take fid on Caspian Absheron 'end 2017'

Total to take fid on Caspian Absheron 'end 2017'

23.02.2017 [16:39]
Total is to take its final investment decision (FID) on development of the Absheron gas field, in the Azeri sector of the Caspian Sea, by the end of this year, the French company's senior vice president for Europe and central Asia, Michael Borrell, told delegates at ...
‘TAP project of great importance for Italy”, Italian minister of economic development

‘TAP project of great importance for Italy”, Italian minister of economic development

23.02.2017 [13:09]
The “Trans-Adriatic Pipeline (TAP) project is of great importance for Italy”, said Italian Minister of Economic Development Carlo Calenda in Azerbaijan-Italy business-forum held in Baku ...
Oil prices rise on world markets

Oil prices rise on world markets

23.02.2017 [10:49]
Oil prices continue to rise on the world markets. On NYMEX (New York Mercantile Exchange) cost of the US Light crude oil increased $0.48 to stand at $54.07. Price of the Brent ...
SOCAR, Itochu Oil Exploration Co., Ltd. sign MoU

SOCAR, Itochu Oil Exploration Co., Ltd. sign MoU

22.02.2017 [21:55]
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 Japanese delegation ...
Air Arabia to carry out Sharjah-Baku-Sharjah flights

Air Arabia to carry out Sharjah-Baku-Sharjah flights

22.02.2017 [20:18]
The UAE’s Air Arabia airline will carry out Sharjah-Baku-Sharjah flights since March, 2017. In January, Sky Star Travel and Air Arabia signed an agreement in this regard. Air Arabia manager Konstantin Kurilo said at the presentation of a new project of Sky Star Travel that as a result of successful ...