EBRD TO MAKE A RESOLVE GRANTING FINANCING SHAH DENIZ IN 2004

05.09.2003 [10:45]
The European Bank for Reconstruction and Development is to make a resolve granting quota of the State Oil Company of the Azerbaijani Republic (SOCAR) a credit in 2004 to finance ...

TENDERS AT BICEX

04.09.2003 [17:26]
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 September 3 valued 4914 manat for ...

FOREIGN TRADE TURNOVER IN AZERBAIJAN COMES TO $2,7 BILLION

04.09.2003 [17:17]
Juridical persons and individuals of Azerbaijan have fulfilled foreign trade transactions with foreign partners from 111 countries for the total sum of $2,7 billion for 7 months of 2003. The ...

LUKOIL SUBMITTED OFFERS ON REHABILITATION OF GOVSANI-ZIKH BLOCK

04.09.2003 [15:05]
The LUKoil Company submitted a number of new offers to the State Oil Company of the Azerbaijani Republic (SOCAR) on rehabilitation of a block of onshore fields Govsani-Zikh, Director of ...

PREPARATORY WORK FOR WINTERTIME

04.09.2003 [13:35]
For improvement of electric supply in Mingachevir city of Azerbaijan during winter, new more powerful transformers have been installed in six points of the city.
Old transformers have been replaced ...

SOCAR PRODUCED ABOUT 6 MILLION TONNES OF OIL AND 3.5 BILLION M3 OF GAS FOR 8 MONTH 2003

04.09.2003 [13:26]
For the period from Jan-Aug 2003, SOCAR produced 5.9531 million tonnes of crude oil, which is 1.6% more than planned targets and 0.2% more year-on-year (5.9398 million). Of this amount ...

NEGOTIATIONS CONCERNING KAZAKHSTAN JOINING THE BTC WILL BE COMPLETED BY THE PRESENT YEAR

04.09.2003 [13:15]
At the negotiations in Baku between the Kazakhstani and Azerbaijani work groups for the possible joining of Kazakhstan to the construction of the Baku-Tbilisi-Ceyhan pipeline, two variants of the agreement ...

AUGUST EXCHANGE MARKET INDEXES

04.09.2003 [11:49]
During August 2003, there have been two placements of short-term state bonds for the total amount of 70 billilon manats. According to BICEX’s press-service, profitability at average weighted cost, according ...

GLOBAL FDI FLOWS CONTINUE TO FALL; UNCTAD NOW FORECASTS 2004 REBOUND

04.09.2003 [11:07]
Global foreign direct investment (FDI) flows this year are set to stabilize at around the depressed level seen in 2002, but “a rebound is likely in 2004”, says UNCTAD Secretary ...

“AZERENERGY” AWARDED WITH BP’S CERTIFICATE

03.09.2003 [21:47]
As a result of August works connected with the construction of a new substation “Terminal” 110/10 Kw in Sanghachal , the group of “Azerenergy” specialists have been awarded with a ...

PERMANENT ELECTRICITY SUPPLY TO REFUGEE CAMP

03.09.2003 [20:34]
A new 5-km electric line was laid and put into operation in the refugee camp in the territory of Ganja at the financial aid of the Japanese Embassy in Baku. ...

NEXT ROUND OF AZERBAIJANI-IRANIAN NEGOTIATIONS OPENS IN BAKU

03.09.2003 [20:20]
The issue of expanding and strengthening bilateral cooperation in the electrical energy sphere was discussed during the meeting of Azerbaijani and Iranian experts in Baku. According to the press ...

TRADE EXHIBITION TO BE HELD IN NEFTCHALA

03.09.2003 [19:16]
American NGO “Citizens Development Corps” /CDC/ implements projects in different regions to render assistance to small and medium entrepreneurship. In this connection, trade exhibition under motto “Give preference to the ...

“AZEL” STARTS “LAZER” COMPUTERS ASSEMBLING

03.09.2003 [18:27]
“AZEL” /Azerbaijan Electronics/ has commenced issuing the new “LAZER” computers, whose presentation ceremony was held in “Hyyat Regency - Nakhchivan” Hotel on September 2.
The company’s management said home market ...

BTC MEP RELATED MEETING IN GANJA

03.09.2003 [18:24]
Experts of International Financial Corporation, European Bank for Reconstruction and Development and a number of other organizations have gathered in Ganja to discuss the issues concerning preparation for laying Main ...

DUE SALES AND MARKETING MANAGEMENT SEMINAR

03.09.2003 [16:22]
Citizens Development Corps (CDC)-Azerbaijan announces "Sales and Marketing Management" seminar which will be held on September 4-5, 2003 in the Enterprise Centre from 13.00 till 17.30. The seminar will be ...

AZERBAIJAN-FRENCH ECONOMIC RELATIONS TO DEVELOP

03.09.2003 [16:19]
Minister for Economic Development of Azerbaijan Farhad Aliyev met, September 2, with a delegation of the French Senate led by Chairman of Friendship Group on Caucasus Ambrose Dupont.
Having warmly ...

OIL-REFINERS CELEBRATE JUBILEE OF “AZERNEFTYANAJAG”

02.09.2003 [18:55]
A solemn meeting dedicated to the 50th anniversary of the oil-refining plant “Azerneftyanajag” has taken place at this plant. Before the meeting, a documentary on different historical stages of the ...

56 TOVUZ PEOPLE PROVIDED WITH JOB

02.09.2003 [17:45]
Some 56 people have been employed as a result of the Labor Fair held in Tovuz by the employment department of the Ministry of Labor and Social Protection of the ...