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, ...

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 ...

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 ...

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 ...

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 ...

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 ...

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, ...

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 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 ...

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 ...

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 ...

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 ...

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. ...

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 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 ...

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 ...

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 ...

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 ...

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 ...