Operated by the company R.V. Investment two 360 meters deep hole have been drilled, and three more are being done now in a gold mine in Ordubad, Nakhchivan. A well-equipped ...

According to the State Oil company, about 17 thousand local employees are working at foreign companies operated in Azerbaijan with the average wage of $900. The number of employees of ...

Construction of the new platform in the Oil Rock is to be completed in the first quarter of 2006, according to Production Association Azneft. Some 32 wells are planned to ...

Over 40 m tons of oil and 8 b cbm of natural gas have been extracted from Azeri-Chirag-Gunashli filed since the beginning of the project in 1997. The latest geological ...

According to the estimations by researches at the Association of Geophysics and Engineering Geology of the State Oil Company of Azerbaijan, the total volume of oil reserves in the Caspian ...

The Azeri oil pumped into the Baku-Tbilisi-Ceyhan pipeline at Sangachal terminal in May will reach the Turkey’s border by the end of October. Over 3,5 m barrels of oils ...

The 28th Session of the CIS Energy Council held recently in Georgia’s capital Tbilisi has brought together representatives of the Commonwealth countries, the Islamic Republiv of Iran as well as ...

The weighted average exchange prices made up 4596 manats for 1 US dollar in the Baku Interbank Currency Exchange on October 28.
The average-weighted dollar exchange rate was 4596 AZM/USD ...

Azercell Telecom Joint Enterprise has sealed a new roaming contract with the “Nowras” mobile operator of Oman, AzerTAc said.
The Azercell subscribers now have a convenient mobile communications in ...

On October 28, on the occasion of the 82nd anniversary of the foundation of Turkey, the Turkish Embassy to Azerbaijan hosted ...

The main line welding of the 443km Azerbaijan section of the South Caucasus Pipeline (SCP) was completed in October. Backfilling of the pipe trench has been finished along 86% of ...

The weighted average exchange prices made up 4596,00 manats for 1 US dollar in the Baku Interbank Currency Exchange on October 28.
The average-weighted dollar exchange rate was 4597 AZM/USD ...

Minister of Information and Communication Technologies of Azerbaijan Ali Abbasov met with the Ambassador of Israel in Baku Arthur Lenk.
The Minister informed the guest on reforms implemented in the ...

The software manufacturer AtaTechnology Ltd was among over 100 companies from 20 world countries to present their products and services at the 11th Azerbaijan International Exhibition of Telecommunication and Information ...

The weighted average exchange prices made up 4597,00 manats for 1 US dollar in the Baku Interbank Currency Exchange on October 26.
The average-weighted dollar exchange rate was 4595,00 AZM/USD ...

The budget expenditures of the State Oil Fund of Azerbaijan Republic (SOFAR) will make some AZM 950,3 mln (except the Fund’s activity expenses) in 2006, press service of the Fund ...