SUMGAIT STEEL PLANT UNDER RECONSTRUCTION

14.08.2003 [14:36]
Within a few next days, the Joint-Stock Company “Azerboru” is expected to acquire 70-tons electrosmelting stove and stove-busket with the help of the German firm “Fux”. Theses aggregates will provide ...

LOCAL COMPANY AWARDED OF CONTRACT

14.08.2003 [12:34]
“Encotec”, a local company has been recently awarded of contract with BP for design, procurement and installation of the Chemical Injection Package for the Northern Route Export Pipeline. The ...

“AZERENERGY” REPAYS WAGE ARREARS

13.08.2003 [22:39]
Issues of accumulated for the past years of wage arrears for the workers of the energy sector are successfully being tackled.
According to “Azerenergy” press service, wage arrears exceeded 60 ...

AZERBAIJAN, UAE: FAVORABLE GROUND FOR ECONOMIC LINKS

13.08.2003 [21:37]
A delegation led by the chief of investment department of the Finance and Industry Ministry of the United Arab Emirates (UAE) Nasir Khamis Al-Suveid is paying a business visit to ...

GOOD FOUNDATION FOR DEVELOPMENT OF UAE - AZERBAIJAN ECONOMIC RELATIONS

13.08.2003 [18:30]
A delegation of United Arab Emirates led by Chief of Investment Board of the country’s Ministry of Finance and Industry Nasir Hamis Al-Suveid has arrived for a business visit in ...

SOCAR TO SHIP EIGHT BATCHES OF EXPORT OIL

13.08.2003 [17:25]
State Oil Company of Azerbaijan (SOCAR) plans to ship from the port Supsa, Georgia eight batches of Azeri Lights oil in the framework of the Azeri-Chirag-Gunashli field development project. So ...

‘AZERENERGY’ REFUTES RUMORS

13.08.2003 [14:26]
Some mass media including a number of private TV-channels referring to the joint stock company ‘Azerenergy’ spread, August 12, the information on Turkey’s intention to stop electricity supply to Nakhchivan ...

AZERBAIJANI SPECIALISTS TOOK PART IN INTERNATIONAL ENERGETIC EXHIBITION IN TEHRAN

13.08.2003 [13:24]
A delegation of Azenergy Company took part in the 7th International energetic exhibition in Tehran. During its work, Iranian and foreign energetic companies from 20 countries of the world represented ...

BTC PIPELINE PARTNERS AGREE TO BAIL OUT AZERI STATE OIL COMPANY

13.08.2003 [11:51]
Partners in the Baku-Tbilisi-Ceyhan (BTC) oil pipeline will lend Azerbaijan nearly 200 mln usd to cover its share of construction costs, project operator BP PLC said.
The bridging loan ...

UP-TO-DATE COMMUNICATIONS TECHNOLOGIES TO BE EXHIBITED

12.08.2003 [22:00]
Sixty companies from 15 countries will partake in the exhibition “Bakutel-2003” to be held in Baku between October 1 and 3.
According to the Communications Ministry, high-profile companies of Russia, ...

LOW INFLATION RATE IN AZERBAIJAN

12.08.2003 [21:59]
According to the reports of the CIS Statistics Committee, the lowest level of inflation has been registered in Azerbaijan.
Inflation rates in Azerbaijan in January through June 2003 has been ...

VOLUME OF SEA CARGO TRANSPORTATION INCREASES

12.08.2003 [21:20]
The total volume of sea cargo transportation in the country has increased by 25,7 percent compared to the same period of 2002.
During six months, 6,4 million tons of cargo ...

VOLUME OF POSTAL AND COMMUNICATIONS SERVICES MADE UP 527,8 BL AZM

12.08.2003 [19:23]
Since the beginning of this year, post-offices and other communications agencies have rendered services to organizations and population in Azerbaijan to the amount of 527,8 billion manat that is 22 ...

VOLUME OF TRANSPORTATION BY MAIN PIPELINES INCREASED

12.08.2003 [14:05]
Since the beginning 2003, the total volume of oil and oil products transportation by main pipelines has increased by 25.8% in comparison with the same period of the last year. ...

ARAN-1 GETS UNINTERRUPTED ELECTRICITY

12.08.2003 [14:04]
New electric transformer has been installed in Aran-1 settlement for internally displaced people in Yevlakh province providing uninterrupted power supplies. Regional executive authority helps solving other social problems of the ...

IMF AND WORLD BANK MISSIONS DUE IN BAKU

12.08.2003 [14:04]
The draft state budget of Azerbaijan for 2004 will be discussed with the missions from the World Bank and the International Monetary Fund (IMF) who are expected in Baku at ...

TENDERS AT BICEX

11.08.2003 [22:12]
According to results of tenders held in currency section of the Baku Inter-bank Currency Exchange (BICEX), the average weighted exchange rate of USD/AZM on August 11 valued 4915 manat for ...

EBRD SET TO ALLOCATE USD 300 MILLION FOR CONSTRUCION OF BTC PIPELINE

11.08.2003 [22:11]
According to the Georgian International Oil Corporation, European Bank for Reconstruction and Development (EBRD) intends to allot $300 million for construction of the Baku-Tbilisi-Ceyhan Main Export Pipeline. Corporation’s press-service citing ...

“BIRLIK” OWNS “BAKU STEEL” COMPANY

11.08.2003 [22:10]
Summing up the investment competition on share sale of the joint stock “Baku Steel” Company was held in the management and state property privatization department of the Ministry of Economic ...