TENDERS AT BICEX

06.01.2004 [19:00]
Weighted average exchange prices made up 4924,25 manat for 1 US dollar in Baku Interbank Currency Exchange on January 5.
In the morning, the volume of deals closed by two ...

OIL JUMPS ON WEATHER AND OPEC

06.01.2004 [18:35]
Oil prices raced higher on Monday on forecasts of cold weather in the US northeast and no sign of fresh supply from the OPEC cartel to quell prices.
London Brent ...

JOINT VENTURES AND OPERATING COMPANIES SUCCESSFULLY FINALIZED MONTHLY FORECAST

05.01.2004 [18:28]
According to the State Oil Company of Azerbaijan, the companies have produced 77 thousand 200 tons of oil in December against the scheduled 63 thousand 600 tons and met the ...

VOLUME OF CURRENCY TRADES AT BICEX HIGHEST IN DECEMBER

02.01.2004 [21:03]
The Baku Interbank Currency Exchange (BICEX) has defined the list of banks – leading operators of foreign currency exchange market in December 2003.
According to BICEX’s PR office, International ...

TENDERS AT BICEX

02.01.2004 [18:35]
Weighted average exchange prices made up 4924 manat for 1 US dollar in Baku Interbank Currency Exchange on January 2.
In the morning, the volume of deals closed by two ...

EX-IM BANK APPROVES $160 MILLION GUARANTEE TO SUPPORT BAKU-TBILISI-CEYHAN PIPELINE

02.01.2004 [13:10]
The Export-Import Bank of the United States (Ex-Im Bank) today approved a $160 million long-term guarantee to support the export of U.S. equipment and services for construction of the Baku-Tbilisi-Ceyhan ...

CRUDE OIL GOES UP

02.01.2004 [12:59]
Crude oil rose in New York on speculation the dollar will go down against the euro.
Crude oil for February delivery rose up to $33.03 a barrel. Crude oil for ...

ODESSA-BRODY: TO BE OR NOT TO BE

02.01.2004 [12:20]
Ukraine again had to postpone a decision on whether the pipeline should pump Caspian Sea crude to Europe or to move Russian oil to a Black Sea oil terminal for ...

AZERBAIJAN FOREIGN TRADE OVERVIEW

30.12.2003 [18:56]
According to the State Customs Committee, the foreign trade of Azerbaijan has totaled $4 billion 480 million for January-November.
Approximately, goods valued at $2 billion 163 million have been imported, ...

STATE PROGRAM DRAFT ON COMPREHENSIVE ACTINS IN ENERGY SECTOR DEVELOPED

30.12.2003 [14:04]
The Ministry of Fuel and Energy of Azerbaijan has developed a State Comprehensive Actions Program draft in energy sector for 2004-2008 and until 2013.
The program was developed in accordance ...

TENDERS AT BICEX

29.12.2003 [21:27]
Weighted average exchange prices made up 4924 manat for 1 US dollar in Baku Interbank Currency Exchange on December 29.
In the morning, the volume of deals closed by two ...

PETROCHEM GROUP GOES FOR ISO CERTIFICATION IN COOPERATION WITH BUSINESS ADVISORY SERVICES PROGRAM

29.12.2003 [15:04]
According to Enterprise Centre of BP-Azerbaijan Petrochem Group’s management made a decision to prepare the company for ISO 9001-2000 certification to enhance the management and quality controls within the ...

EBRD AND AZERIGASBANK SUPPORT TRADE IN AZERBAIJAN

29.12.2003 [15:03]
Local businesses in Azerbaijan will have more opportunities to promote their goods through trade following a $1 million trade finance line from the EBRD to Azerigasbank.
The finance is ...

KAZAKHSTAN SEEKS CASPIAN OIL CARTEL

29.12.2003 [11:59]
The nations surrounding the Caspian Sea should create an OPEC-like oil cartel to help support global prices and reassure OPEC itself, Kazakh President Nursultan Nazarbayev said in interviews published on ...

WORKSHOP HELD IN NATIONAL BANK

27.12.2003 [22:03]
A workshop entitled “Problems with Transformation of Business Accounting in Commercial banks into International Financial Reporting Standards” took place in the National Bank.
According to the National Bank’s press service, ...

TENDERS AT BICEX

27.12.2003 [13:35]
Weighted average exchange prices made up 4924 manat for 1 US dollar in Baku Interbank Currency Exchange on December 26.
In the morning, the volume of deals closed by two ...

INT’L SCIENTIFIC CONFERENCE HELD

27.12.2003 [13:32]
An International conference on the topic “Economic reforms in Azerbaijan Republic: “preliminary results, problems and perspectives”, organized by the Department on Development of Entrepreneurship of the Ministry of Economic Development ...

INFLATION IN ARMENIA EXCEEDED FORECASTS THREE TIMES

26.12.2003 [19:29]
Inflation in Armenia by late 2003 made up 8,8 percent instead of forecasted 3 percent, the Arminfo agency reported quoting chairman of the Central Bank of Armenia Tigran Sargsian as ...

DEVELOPMENT OF TOBACCO-CULTIVATION IN SPOTLIGHT

26.12.2003 [19:28]
A meeting dedicated to results of work implemented towards creation the base of the high-quality tobacco raw materials, determination of the activity directions for the next year.
As it was ...