• Azerbaijan Airlines is launching flights from Nakhchivan to Ganja and back, AZAL told AZERTAC. Starting from May 6, flights in the Nakhchivan-Ganja-Nakhchivan direction will be performed twice a week - on Tuesdays and Fridays ...
  • Azercosmos and the Swiss Signalhorn have entered into a partnership agreement to provide uninterrupted, secure and high-quality satellite services throughout Africa via the C Band capacity on Azerspace-1 satellite. Using the latest iDirect technology, Azercosmos and Signalhorn will be able to contribute ...
  • “Azerbaijan Airlines” will start operating flights to the capital of the Czech Republic - Prague within the summer schedule of 2022. The air carrier will operate flights on the Baku-Prague-Baku route twice a week - on Mondays and Fridays. The first flight will be operated on June 17 ...
  • Azerbaijan Airlines resume flights between Baku and Berlin from May 29, press service of Azerbaijan Airlines CJSC told AZERTAC. Thus, special flights en route Baku-Berlin-Baku will be operated by the airline twice a week - on Tuesdays and Sundays. Flight tickets ...
  • The State Road Transport Service under the Ministry of Digital Development and Transport continues to create regular bus routes in the most needed directions, taking into account the safety of transportation and passengers to the territories liberated from occupation. As part of the expansion of passenger traffic to the Karabakh region, a regular intercity ...

INDIAN ENTREPRENEURS TO VISIT BAKU

08.01.2004 [15:06]
On 16 January, a group of Indian entrepreneurs is expected to arrive in Baku to have negotiations with their Azerbaijan colleagues on establishment of cooperation in numerous fields of economy, ...

GEOPHYSICAL RESEARCHES OF THE SECOND ADVANCED BORE HOLE HAVE BEEN STARTED ON THE FIELD "SHAHDENIZ"

08.01.2004 [14:50]
The company BP-Azerbaijan has started the geophysical researches of the second advanced bore hole on the gas condensate field "Shahdeniz".
As АzerTAj has been informed by the company, the ...

TENDERS AT BICEX

08.01.2004 [13:19]
Weighted average exchange prices made up 4927 manat for 1 US dollar in Baku Interbank Currency Exchange on January 7.
In the morning, the volume of deals closed by two ...

CURRENCY REFORM TO BE HELD IN TURKEY

08.01.2004 [12:48]
Draft law on conducting currency reforms from January 1, 2005 is submitted to the Parliament of Turkey, AzerTAj correspondent reports.
According to the Draft elaborated by the Ministry of Economy ...

AIOC INCREASED GAS PRODUCTION

08.01.2004 [12:46]
Azerbaijan International Operating Company / AIOC/ increased gas production in 2003.
According to the agreement signed in frame of the first oil project, AIOC produced 1 bln 15 mln 100 ...

AIOC MET FORECASTS

07.01.2004 [20:20]
Azerbaijan International Operating Company has met forecasts for gas production for December 2003.
Accordant to the State Oil Company of Azerbaijan, AIOC has extracted 85 million 600 thousand cubic meters ...

“AZERIGAS” FULLY SUPPLIED WITH BLUE FUEL

07.01.2004 [20:19]
The close corporation “Azerigas” has been supplied with 167 million 800 thousand cubic meters (106,9 percent) of natural gas in December 2003.
According to the State Oil Company of Azerbaijan, ...

STATE BUDGET REVENUES INCREASED

07.01.2004 [13:42]
The deepening of economic reforms and maintenance of economic stability in 2003 resulted in increase of macroeconomic and financial showings.
According to the Finance Ministry’s press service, the budget receipts ...

THE LOWEST INFLATION IN CIS REGISTERED IN AZERBAIJAN

07.01.2004 [13:42]
The CIS Interstate Statistics Committee has published its information, which says the average rate of inflation in the CIS countries in January-November was 11 percent against the same period last ...

TENDERS AT BICEX

07.01.2004 [13:34]
Weighted average exchange prices made up 4925 manat for 1 US dollar in Baku Interbank Currency Exchange on January 6.
In the morning, the volume of deals closed by two ...

“MOSTBANK” RENAMED

06.01.2004 [20:46]
The “MostBank-Azerbaijan” has begun functioning under the new name – “Standart” Bank. The bank has already been registered in the Ministry of Justice but the application for bank license ...

ITERA AND GASEXPORT TO DELIVER GAS TO AZERBAIJAN ON PARITY BASIS

06.01.2004 [20:46]
The Russian company Itera has supplied Azerbaijan with 4 billion 068 million cubic meters of gas in 2003. The average daily supply in December was 11 million cubic meters.
The ...

SWISS COMPANY PURCHASED SECOND JANUARY BATCH OF SOCAR'S OIL

06.01.2004 [20:46]
The Swiss company "Glinkor" has been announced a tender winner for purchase of the second batch of Azerbaijani oil to be exported through the northern pipeline Baku-Novorossiysk in January 2004. ...

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 ...