Meetings with stakeholders of Baku-Tbilisi-Ceyhan (BTC) pipeline project, which will transport Azeri oil to western markets, are held in Turkey, Azerbaijan and Georgia.
Concerned sides of BTC crude ...

Delegations of Finance Ministries of the Commonwealth of Independent States gathered in Moscow on August 26 to discuss budget of expenditure for maintenance of the different CIS structures and
CIS ...

After Ganja Aluminous Plant was handed over to the management of Holland “Fonder-Metal”, technological processes have been gradually put in order here and the plant has resumed its operation. About ...

Josef Burger, President of ‘Austrian Airlines’ told a press-conference dedicated to the opening of the company’s office in Azerbaijan that the oil strategy, economic reforms carried out in Azerbaijan indicate ...

According to results of tenders held in currency section of the Baku Inter-bank Currency Exchange (BICEX), the average weighted exchange rate of USD/AZM on August 26 valued 4914 manat for ...

Kazakhstan and Ukraine will create a working group to study the possibility of transporting Kazakh oil exports through a pipeline between the Black Sea port of Odessa and the ...

The inter-system trans-Azerbaijani power line Astara (Azerbaijan)- Astara (Iran) has been set in operation. This was contained in a press release from Azerenergy JSC. According to testing schedules, on ...

Administrative buildings for local municipalities were constructed in the villages of Garabagli, Kursangi, Kerimbeyli at the financial support of Salyan Oil Ltd, Compny. Besides, school buildings in these villages were ...

The report complied from the study into the state of affairs of the energy sector of Azerbaijan, prepared by the American company Burns and Roe Enterprises will be the ...

The Baku International Commercial Sea Port, for the first seven months of this year handled 5.8 million tonnes of cargo, a 19.5% growth considered on year-on-year assessment. According to ...

Weighted average exchange prices made up 4915 manats for 1 US dollar in Baku Interbank Currency Exchange on August 25.
In the morning, the volume of deals closed by two ...

The amount of funds and deposits, attracted by Azerbaijani banks, has totaled at 2862,3 billion manat. According to the National Bank’s press-service, this figure has become more by 11,5% compared ...

By August 1, 2003, credit investments to economy of Azerbaijan come to 2924,4 billion manats, it is more by 12,4 percent more than the data by January 1, 2003, press ...

The total volume of credit deposits on different fields of economy, without data on overdue credits, come to 2378.6 billion manats by August 1.
According to the press service of ...

By August 1, 2003, ninety-four credit organizations have licenses for conducting banking transactions. Forty-eight out of this number are non-banking credit organizations, press service of the National Bank of Azerbaijan ...

The total volume of money supplies in circulation came to 2331,4 billion manats by August 1. According to the press service of the National Bank of Azerbaijan (NBA), it is ...

A number of actions directed to insurance of deposits in banks and their return are being taken.
A deposit insurance fund will be founded to create a system of deposit ...

Discussion of the draft Convention “On cancellation of double taxation” and Agreement “On encouragement and mutual defense of investments” between the governments of the Republic of Azerbaijan and the United ...

The board of directors of Gasprom has approved the move to open a representation in Turkmenistan. This was contained in a press release from Gasprom JSC. The board meeting ...