• Azerbaijan`s Minister of Digital Development and Transport Rashad Nabiyev held a number of bilateral meetings during his working visit to Israel. During the visit, an agreement on air transport was signed between the Ministry of Digital Development and Transport of the Republic of Azerbaijan and the Ministry of Transport and Road Safety of Israel ...
  • The 24th annual meeting of the Board of Governors of the Black Sea Trade and Development Bank (BSTDB) was held in Baku on June 23. Opening the meeting, Finance Minister, Chairperson for the Republic of Azerbaijan of the BSTDB Samir Sharifov said that the Black Sea Trade and Development Bank ...
  • According to the ranking "Significant Ship 2021" published by the British Royal Institution of Naval Architects (RINA), the Ro-Pax type ferry vessel “Azerbaijan” owned by “Azerbaijan Caspian Shipping” CJSC (ASCO) was included in the ranking list of the top 50 vessels of the world ...
  • Continuing to develop its route network, Azerbaijan Airlines will launch flights from Baku to the Georgian capital Tbilisi in July. The Baku-Tbilisi-Baku flights will be operated three times a week, on Mondays, Tuesdays and Fridays. The first flight will be operated on 1 ...
  • The 24th annual meeting of the Board of Governors of the Black Sea Trade and Development Bank (BSTDB) will be held in Baku on June 23-24, 2022 under the chairmanship of the Republic of Azerbaijan. At the meeting, the Board of Governors will evaluate the Bank's ...

RESULTS OF THE SURVEY OF ECONOMIC ACTIVITY AND SOCIO-ECONOMIC PROTECTION OF POPULATION MADE PUBLIC

20.02.2004 [13:33]
The results of the survey of economic activity and socio-economic protection of the population were announced at the conference held at the State Statistics Committee of Azerbaijan Republic on February ...

NEW WELLS TO BE DRILLED IN “DARVIN-BANK” OFFSHORE

19.02.2004 [21:52]
On the instructions of the “Absheronneft” oil-and-gas production department, 10 oil wells will be drilled on the field “Darvin-Bank” located in the eastern wing of Pirallahi.
Drilling of 6 ...

“AZERCELL” INVESTED $ 240 MLN IN MOBILE COMMUNICATIONS

19.02.2004 [21:51]
“Azercell Telecom” SC made large investments in development of mobile communications in Azerbaijan, using up-to-date technologies. The Company invested over 30 mln dollars for only 2003.
“Azercell” made about ...

BP MAY FURTHER INFLUENCE CHINA PIPELINE

19.02.2004 [20:00]
The Russian government plans to sell their 11.2 percent stake in the giant Kovytka gas field in Eastern Siberia. The governor of the Irkutsk region, Boris Govorin, said the ...

TENDERS AT BICEX

19.02.2004 [20:00]
Weighted average exchange prices made up 4936,98 manat for 1 US dollar in Baku Interbank Currency Exchange on February 19.
In the morning, the volume of deals closed by two ...

A REGULAR SITTING OF ENERGY COUNCIL TOOK PLACE

19.02.2004 [17:35]
A regular meeting of the Energy Council of the Organization of the Black Sea Economic Cooperation has taken place in Istanbul.
The delegations of France, Germany, Austria, Italy, Israel, Tunis ...

SEISMIC SITUATION IN “SOUTH-WESTERN GOBUSTAN” UNDER SCRUTINY

19.02.2004 [14:48]
The State Oil Company of Azerbaijan has approved a program of activity of the Gobustan operating company for 2004.
Operating company will drill 4 exploratory and 8 production wells in ...

AZERBAIJAN AIR COMPANY PURCHASES AIRCRAFTS FROM UZBEKISTAN

19.02.2004 [14:47]
Air-freighter IL-76TD fabricated by the Tashkent aircraft construction company has been dispatched to Baku, AzerTAj correspondent reported. It is the first time that Azerbaijani-British joint venture “Azerbaijan Cargo “Ipek Yolu”” ...

TENDERS AT BICEX

19.02.2004 [14:44]
Weighted average exchange prices made up 4939 manat for 1 US dollar in Baku Interbank Currency Exchange on February 18.
In the morning, the volume of deals closed by two ...

ELECTRICITY SUPPLY RESTORED IN SOUTHERN REGIONS OF AZERBAIJAN

18.02.2004 [22:05]
Electric power supply to residents of the southern regions of Azerbaijan suffered last weekend from strong hurricane, has been fully restored, press-service of Azerenergy announced.
Commenting on the results of ...

TENDERS AT BICEX

18.02.2004 [21:12]
Weighted average exchange prices made up 4939 manat for 1 US dollar in Baku Interbank Currency Exchange on February 18.
In the morning, the volume of deals closed by two ...

AZERBAIJAN AND SAUDI ARABIA TO CREATE JOINT ECONOMIC COUNCIL

18.02.2004 [14:45]
An Agreement on creation of a joint economic council aimed at development of the economic cooperation and expansion of the trade relations was achieved between Saudi Arabia and Azerbaijan, AzerTAj ...

TENDERS AT BICEX

17.02.2004 [19:49]
Weighted average exchange prices made up 4938,41 manat for 1 US dollar in Baku Interbank Currency Exchange on February 17.
In the morning, the volume of deals closed by two ...

IMF MISSION DUE TO ARRIVE IN AZERBAIJAN

17.02.2004 [19:36]
the International Monetary Fund mission is expected to arrive in Baku to negotiate on Poverty Reduction Program and promotion of economic recovery in Azerbaijan. The mission composed of fund’s specialists ...

TACIS INDICATIVE PROGRAM OF ACTIONS FOR 2004-2006 IN AZERBAIJAN OKAYED

17.02.2004 [19:35]
The agreement on adoption of the Indicative program of actions for EU’s TACIS program for 2004-2006 was reached in the course of the meeting between the national coordinator of the ...

SOCAR APPROVES PROGRAM OF “SOUTH-WEST GOBUSTAN” FIELD DEVELOPMENT

17.02.2004 [19:34]
The State Oil Company of Azerbaijan /SOCAR/ has approved the program of works for 2004 for the company Gobustan Operating Company /GOS/ which develops the “South-West Gobustan” field.
It is ...

MACROECONOMIC SITUATION IN CIS COUNTRIES ON RISE

17.02.2004 [19:34]
Positive tendencies going on in CIS countries for a couple of years further promoted the stabilization of the economic and financial situation in 2003, AzerTAj correspondent learnt from the CIS ...

DRILLING WORKS AT TEST HOLE COMPLETED

17.02.2004 [13:53]
Drilling works at the exploratory well No23 on oil and gas rich “Absheron” field has been completed. It is already known that 2000 cubic meters of natural gas will be ...

“ABSHERONNEFT” OUTSTRIPS FORECAST

17.02.2004 [13:53]
Oil-and-gas production enterprise “Absheronneft” of the industrial enterprise “Azneft” has produced 163 thousand 750 tons of oil and 32 million 220 thousand cubic meters natural gas beating the forecast target ...