TAP AG: 88,5 percent of construction work completed

20.07.2019 [16:26]
“As much as 88,5 percent of the Trans Adriatic Pipeline (TAP) project, including engineering procurement and construction scope, as well as offshore construction, pipeline installation has been successfully implemented, TAP AG company said ...

® 1875 minutes as present from Azercell on National Press Day

20.07.2019 [15:37]
Azerbaijani national press celebrates its 144th anniversary, commemorating the first release of “Əkinçi” newspaper founded by Hasan bay Zardabi back in July 22, 1875. The leading mobile operator of the country, Azercell Telecom, attaching great importance to the national press ...

Azerbaijani oil price exceeds $64

20.07.2019 [12:34]
Azerbaijani oil price has increased on the world markets. The price of a barrel of Azeri Light crude oil rose $0.43 to stand at $64.15 ...

Baku-Sharm el-Sheikh direct flight launched

20.07.2019 [12:05]
Azerbaijan and Egypt have started a direct flight between Baku and a resort city of Sharm el-Sheikh. A ceremony to mark the occasion was attended by Egypt`s ambassador to Azerbaijan Adel Ibrahim Ahmed Ibrahim, director of the Heydar Aliyev International ...

Oil prices rise on world markets

20.07.2019 [10:45]
Oil prices have increased on the world markets. On London ICE (InterContinental Exchange Futures) cost of the Brent crude oil rose $0.54 to trade at $62.47, while the price of Light crude oil at the NYMEX ...

SOFAZ awards media representatives

20.07.2019 [10:19]
The State Oil Fund of the Republic of Azerbaijan (SOFAZ) held an award ceremony, in which the results and winners of the research article competition on “The role of the sovereign wealth funds in the economy of emerging countries: on the basis of the State Oil Fund of the Republic of Azerbaijan” were announced ...

® More than 230 people benefited from free ophthalmological inspections organized by Azercell

19.07.2019 [19:54]
Aiming to improve the quality of people’s life through the implementation of cutting-edge technologies, Azercell Telecom continues to organize free ophthalmological inspections for those in need. More than 230 people have benefited from free eye inspections conducted by Azercell’s “Mobile Eye Clinic” over the past three months of the current year ...

Exclusive: IEA revising oil demand growth forecast down on slowing economy

19.07.2019 [14:42]
The International Energy Agency (IEA) is reducing its 2019 oil demand forecast due to a slowing global economy amid a U.S.-China trade spat, its executive director said on Thursday, Reuters reports ...

Azerbaijani oil sells for $63.72

19.07.2019 [12:51]
Azerbaijani oil price has decreased on the world markets. The price of a barrel of Azeri Light crude oil fell $2.45 to stand at $63.72 ...

Oil prices jump on world markets

19.07.2019 [11:18]
Oil prices have increased on the world markets. On London ICE (InterContinental Exchange Futures) cost of the Brent crude oil increased $0.94 to trade at $62.87 while the price ...

Azerbaijani oil sells for $66.17

18.07.2019 [13:25]
Azerbaijani oil price has decreased on the world markets. The price of a barrel of Azeri Light crude oil fell $2.39 to stand at $66.17 ...

About 16 million tons of oil transported via BTC pipeline in first six months of 2019

18.07.2019 [11:25]
In January-June, about 16 million tons of oil was transported via Baku-Tbilisi-Ceyhan pipeline (BTC), State Statistics Committee said. In general, 81 percent of transportation was carried out by the Baku-Tbilisi-Ceyhan ...

Brent crude oil sells for $63.72

18.07.2019 [10:46]
On London ICE (InterContinental Exchange Futures) cost of the Brent crude oil increased $0.06 to trade at $63.72. The price of Light crude oil at the NYMEX (New York Mercantile Exchange) decreased $0.09 to stand ...

Executive and communication plans on business areas for second half of the year to be implemented

17.07.2019 [21:30]
The Center for Analysis of Economic Reforms and Communication has hosted a presentation of executive and communication plans on business areas to be implemented in the second half of the year. Chief Advisor to the Assistant to the Azerbaijani President for Economic Policy and Industrial Issues ...

® Bakcell continues showing outstanding results in terms of responses to customer inquiries in social media

17.07.2019 [17:12]
Bakcell, the first mobile operator and the fastest mobile internet provider of Azerbaijan has received yet another “Socially Devoted” certificate for effectively responding to customer inquiries and requests on “Facebook”. Thus, “Socialbakers” being a well-known international company engaged in monitoring social network ...

Oil prices jump on world markets

17.07.2019 [13:17]
Oil prices have increased on the world markets. On London ICE (InterContinental Exchange Futures) cost of the Brent crude oil increased $0.26 to trade at $64.41 while the price ...

Azerbaijan produces 18.8 m tons of oil and 12 bn cm of natural gas in 2019

17.07.2019 [12:34]
Azerbaijan produced 18,799,3 tons of crude oil (including gas condensate) and 17,312,2 cubic meters of natural gas in the first half of 2019, according to the State Statistical Committee. The volume of marketable production of natural gas totalled to 11 ...

Holders of SOCAR bonds earn $13.75 million

17.07.2019 [12:05]
The 11th interest payment for SOCAR bonds (3rd for the year) with annual coupon of 5 percent and quarterly coupon payments, were paid on July 17. The total revenue of the bond holders amounted to $13 million 750 thousand. In the forthcoming quarters ...

Azerbaijani oil sells for more than $68.5

17.07.2019 [11:34]
Azerbaijani oil price has decreased on the world markets. The price of a barrel of Azeri Light crude oil fell $0.19 to stand at $68.56 ...