Economy
Baku to host Eastern Partnership Foreign Affairs and Energy Ministerial Meeting
19.08.2014 [21:29]
Baku will host the next meeting of Ministers of Foreign Affairs and Energy of the Eastern Partnership countries on September 8-9. The conference aims to investigate opportunities for development of long-term relations among the countries of European Neighborhood Policy (ENP)
 
ICT Minister meets new head of Huawei Azerbaijan Office
19.08.2014 [20:00]
Azerbaijan`s Minister of Communications and High Technologies Ali Abbasov has met Liu Jianwei, the incoming head of the Azerbaijan Office of Huawei, the leading global ICT solutions provider. Abbasov highlighted Azerbaijan’s economic achievements, including the reforms and projects that had been implemented in the sphere of information...
 
President Ilham Aliyev orders allocation of funding for construction of highway in Lerik
19.08.2014 [19:27]
Azerbaijani President Ilham Aliyev has signed an Order on allocation of the funding for the construction of the Noda-Shingadulan-Khanagah highway in Lerik District. Under the Presidential Order, 7 million manats will be allocated to the Lerik District
 
Iran plans to transport gas to Europe via TANAP
19.08.2014 [14:54]
“The Islamic Republic of Iran plans to export natural gas to Europe via Trans Anatolian Pipeline (TANAP),” Iranian minister of communication and information technologies Mahmoud Vaezi has said. He noted that official Tehran was studying economic profitability of gas exports via the
 
SOCAR Energy Georgia lends official support to Caspian Energy Forum – 2014
19.08.2014 [11:07]
SOCAR Energy Georgia LLC, the biggest taxpayer and investor of Georgia, has officially supported the 2nd International Caspian Energy Forum - 2014 (www.caspianenergyforum.com) to be hosted in Tbilisi on November 14, 2014 with participation of President of Georgia Giorgi Margvelashvili. “We are confident that the International Caspian Energy...
 
Oil price changes in world markets
19.08.2014 [10:48]
Oil prices have changed in the world markets. On the New York Stock Exchange NYMEX (New York Mercantile Exchange) cost of the US Light crude oil has fallen $0.94 to stand at $96.41. Price of British Brent crude oil at the London ICE (InterContinental Exchange Futures) decreased $0.93 to trade at $101.60
 
President orders allocation of funding for construction of highway in Khachmaz
18.08.2014 [21:39]
Azerbaijani President Ilham Aliyev has signed an Order on allocation of the funding for the construction of Dalghalı–Nabran–Tel highway in Khachmaz District. Under the Presidential Order, 1.7 million manats will be allocated to the Khachmaz
 
Azeri Light oil price increases in world markets
18.08.2014 [11:35]
The price of a barrel of Azeri Light crude oil has increased $0.29 to stand at $103.27 in the world markets. On the New York Stock Exchange NYMEX (New York Mercantile Exchange) cost of the US Light
 
Azerbaijan, Georgia discuss prospects for agricultural cooperation
17.08.2014 [14:39]
A delegation of Azerbaijan`s Ministry of Agriculture has met Georgian Minister of Agriculture Otar Danelia as part of their visit to Tbilisi. Member of the Azerbaijani delegation Rufat Rustamzade conveyed Azerbaijani Minister of Agriculture Heydar Asadov`s congratulations to the Georgian Minister
 
Iranian MP hails expansion of economic cooperation with Azerbaijan
17.08.2014 [12:44]
Iranian MP Kamaladdin Pirmuzzin hailed the expansion of economic cooperation between Azerbaijan and Iran. On the sidelines of the 9th Azerbaijan-Iran joint economic commission meeting in Baku, Pirmuzzin said to “Aran news” website that the two countries discussed cooperation in the fields of railway, customs, trade and energy
 
‘There is no serious problem left for completing construction of Baku-Tbilisi-Kars railway’
17.08.2014 [11:07]
There is no serious problem left for completing the construction of the Baku-Tbilisi-Kars railway, said Vice Prime-Minister of Georgia, Minister of Economy and Sustainable Development George Kvirikashvili. Addressing the 20th meeting of the coordination council for the Baku-Tbilisi-Kars Railway project, George Kvirikashvili stressed the...
 
President Ilham Aliyev signs Order on extra measures related to construction of Sinjan-Xachmaz-Filfili highway of Oghuz district
15.08.2014 [21:44]
President of the Republic of Azerbaijan Ilham Aliyev has today signed an Order on extra measures related to the construction of the Sinjan-Xachmaz-Filfili highway of Oghuz district. Under the Presidential Order, AZN 5.4 million was allocated to the Oghuz District Executive
 
Brent stays near 13-month low below $103
15.08.2014 [20:31]
Brent crude edged up on Friday but still traded near a 13-month low below $103 a barrel as a shaky European economy fuelled concern about demand in a well-supplied oil market. Growth in Germany and France ground to a halt in the second quarter. That disappointing data came just days after news that implied oil demand in China
 
President Ilham Aliyev signs Order on measures related to construction of Mollaisalar-Valiushaghı-Mollaahmadli-Sarkarlar highway of Barda district
14.08.2014 [21:14]
President of the Republic of Azerbaijan Ilham Aliyev has today signed an Order on measures related to the construction of the Mollaisalar-Valiushaghı-Mollaahmadli-Sarkarlar highway of Barda district.
 
Azerbaijan to increase gas supply through Iran
14.08.2014 [18:33]
“Azerbaijan intends to increase gas supplies to the Nakhchivan Autonomous Republic and requested to Iran over transportation across the country's territory in this regard,” Iranian Deputy Oil Minister for International Affairs Ali Majedi told IRNA news agency
 
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