Preparation and technical parameters of TRACECA’s two projects for support of Azerbaijan Ministry of Transport were discussed in the course of a three-day visit of the head of TRACECA program’s ...

BTC Co., the operator for the Baku- Tbilisi-Ceyhan pipeline, will sign a credit agreement with financial organizations by December.
According to reports of BP an exact date has not ...

On November 24-28, consultations for development of bilateral cooperation were held between the Ministry of Economic Development of Azerbaijan and the Ministry of Economic Cooperation and Development of the Federative ...

Weighted average exchange prices made up 4917,43 manat for 1 US dollar in Baku Interbank Currency Exchange on December 2.
In the morning, the volume of deals closed by two ...

International Foundation for Election System (IFES) has started implementing the project “Economic Courses for Municipalities” financed by the Organization for Security and Cooperation in Europe.
According to the organization’s Baku ...

Exports of Azerbaijani oil through the Baku-Novorossiisk route in the first 11 months of 2003 amounted to 2.338 million tonnes, which is 0.9% more than in January-November 2002, a ...

In spite of the regular supplies of oil along the Baku-Novorossiisk pipeline, actual volumes transported however do not conform with the volumes indicated in the agreement for oil transit signed ...

A presentation of the second stage of the “Model Project” took place in the Public Corporation after Sattarkhan on December 1.
Opening the ceremony, chairman of “Azerneftkimyamash” public corporation Ali ...

According to Finance Ministry’s press-center, a collegiums dedicated to goals resulting from Presidential Decree “On Measures for Acceleration of Socio-Economic Development in Azerbaijan Republic” took place on December 1 in ...

The currency section of the BICEX has defined the list of banks – leading operators of currency market in November 2003.
According to BICEX’s PR office, International Bank of Azerbaijan, ...

Weighted average exchange prices made up 4916,88 manat for 1 US dollar in Baku Interbank Currency Exchange on December 1.
In the morning, the volume of deals closed by two ...

Azerbaijan has not accepted Russia’s proposals to increase volume of oil transporting via northern Baku-Novorossysk pipeline. Transportation of extra oil through the pipeline is not profitable from economic point of ...

In accordance with the November 24 decree of President of Azerbaijan Ilham Aliyev “On Measures for Acceleration of Social and Economic Development in the Republic of Azerbaijan”, an international scientific ...

“NIKoil” bank’s assets rose 2,8-fold to 35 billion AZM against 12,3 billion manat in early 2003. the rest on accounts increased by 40 percent to about 9 billion AZM. The ...

Further capitalization of “NIKoil” bank will be continued within the frames of the development strategy until 2008. Shareholders should give their own vision of business development in Azerbaijan, thus, the ...

Although, production of black diesel oil has been decreased by 13,2 and 2 percent respectively by “Azerneftyanajag” and “Azerneftyag” plants for the last ten months, according to the State Statistics ...

Chairman of the Milli Majlis Standing Commission for economic policy Sattar Safarov told AzerTaj correspondent that exemption of lottery and loan winnings as well as dividends from banking operations from ...

British company IMC Consulting starts realization of TACIS’ project ‘Supporting the Ministry of economic development of Azerbaijan’ at the cost of 1,6 Mln. Euro.
This project has been worked out ...