Azerbaijan exported more than 2.5 billion cubic meters of natural gas to Georgia in 2018, according to the Ministry of Energy. More than 1.1 billion cubic meters of gas was pumped through the Baku-Tbilisi-Erzurum pipeline, while 1.39 billion cubic meters of gas was transported ...

Trade between Azerbaijan and Ukraine hit record high over past five years

19.01.2019 [16:00]
The trade between Azerbaijan and Ukraine has reached record high of $829 million in 2018, which is $18 million more than the previous year. According to the State Statistics Committee of Ukraine, exports from Azerbaijan to ...

OPEC crude output falls in December 2018

19.01.2019 [11:54]
Global oil supply fell by 950 thousand barrels per day (kb/d) in December, led by lower OPEC output with 100.6 million barrels per day (mb/d) ahead of new supply cuts, according to data of the International Energy Agency (IEA) ...

Oil prices increase on world markets

19.01.2019 [10:55]
Oil prices have risen on the world markets. On London ICE (InterContinental Exchange Futures) cost of the Brent crude oil increased $1.52 to trade at $62.70, while the price of Light crude oil at the NYMEX (New York Mercantile Exchange) rose $1.73 ...

Silk Way Helicopter Services operates flight in difficult weather conditions to save passenger’s life

18.01.2019 [20:16]
Silk Way Helicopter Services (SWHS MMC) Airline carried out a flight to the Shah Deniz Bravo platform at night, in bad weather conditions (storm) with minimal visibility for urgent medical evacuation of an ill passenger. The flight was carried out successfully ...

Buta Airways to launch flights to Odessa and Kharkiv

18.01.2019 [17:34]
The low-cost airline Buta Airways will launch direct flights from Baku to two more cities of Ukraine - Odessa and Kharkiv. Flights to Odessa will be operated starting from May 16 this year on Thursdays and Sundays, while to Kharkiv – starting ...

Next OPEC meetings due in Baku in March

18.01.2019 [14:42]
“The Joint OPEC and non-OPEC Ministerial Monitoring Committee (JMMC), as well as the Joint Technical Committee will convene on 17-18 March in Baku,” the OPEC Secretary General Mohammad Barkindo has told AZERTAC in an exclusive interview ...

Oil prices increase on world markets

18.01.2019 [11:17]
On London ICE (InterContinental Exchange Futures) cost of the Brent crude oil increased $0.68 to trade at $61.86, while the price of Light crude at the NYMEX (New York Mercantile Exchange) rose $0.65 to stand at $52.72 on world ...

Azerbaijani oil price sells for $62.61

18.01.2019 [10:54]
The price of Azerbaijani oil has decreased on the world markets. The price of a barrel of Azeri Light crude oil fell $0.14 to stand at $62.61. ...

Azerbaijan exported 29.5 million tons of oil and oil products in 2018

18.01.2019 [10:25]
In 2018, Azerbaijan has exported about 29 million 498 thousand 337 tons of crude oil and oil products worth $15 billion 719 million 482 thousand, according to the State Customs Committee (SCC) ...

Seven things to do in Mingachevir

17.01.2019 [21:21]
One of the youngest cities of Azerbaijan, Mingachevir, was founded in 1945. Today, this well-groomed flowering city located in a picturesque area on the banks of the Kura River is not only the main energy center of Azerbaijan (65% of all electricity in ...

Next coupon payments on SOCAR bonds paid

17.01.2019 [20:44]
The 9th coupon payment of SOCAR bonds with annual yield of 5% and quarterly payments has been executed, totalling the income of bondholders up to 11 million 250 thousand USD. In the upcoming quarters 11 coupon payments are still outstanding ...

® Stay online with Azercell while in roaming

17.01.2019 [18:05]
“Azercell Telecom” LLC, the leader in the telecom market of Azerbaijan, has made the internet usage while on roaming not only more affordable, but also accessible for subscribers. In order to avoid unpredictable expenses of those customers ...

Azerbaijan joins SATTE 2019 international tourism exhibition in India

17.01.2019 [17:39]
An Azerbaijani delegation is participating in the international SATTE 2019 exhibition held in New Delhi, India on January 16-17, aiming to broadly promote the country’s tourism potential abroad. Azerbaijan is represented at the two-day event by 19 agencies, including experts ...

TAP head of communications: More than 70 percent of construction of compressor stations complete

17.01.2019 [12:48]
“More than 70 percent of the construction of compressor stations of Trans-Adriatic Pipeline (TAP) in Greece and in Albania has been completed,” head of Communications at TAP Lisa Givert has told AZERTAC in an exclusive interview ...

Azerbaijani oil price increases on world markets

17.01.2019 [11:52]
The price of Azerbaijani oil has increased on the world markets. The price of a barrel of Azeri Light crude oil rose $1.23 to stand at $62.75 ...

Azerbaijan, Czech Republic discuss cooperation in agriculture

17.01.2019 [10:58]
Azerbaijan’s Ambassador to the Czech Republic Farid Shafiyev has met with the country’s Minister of Agriculture Miroslav Toman. The parties discussed ways to expand cooperation in agriculture between the two countries, especially by increasing agricultural ...

Oil prices decrease on world markets

17.01.2019 [10:48]
On London ICE (InterContinental Exchange Futures) cost of the Brent crude oil decreased $0.35 to trade at $60.97, while the price of Light crude at the NYMEX (New York Mercantile Exchange) fell $0.36 to stand at $51.95 on world markets ...

UAE Minister of Economy: Integration of various activities under the same roof of the Azerbaijan Trade House is an excellent concept

17.01.2019 [10:42]
“The opening of Azerbaijan’s Trade House in Dubai is a remarkable event and integration of various services available to the public into one center is an excellent concept,” UAE`s Minister of Economy Sultan bin Saeed Al Mansoori said in his interview with AZERTAC ...