Trade turnover between Azerbaijan and Lithuania increased in Q1 of 2021

03.05.2021 [17:33]
Despite the challenges caused by pandemic, the trade turnover between Azerbaijan and Lithuania increased in the first quarter of this year, Azerbaijan’s Minister of Economy Mikayil Jabbarov said as he met with a delegation led by Minister of Foreign Affairs of the Republic of Lithuania Gabrielius Landsbergis ...

Buta Airways to start operating special flights to Astrakhan

03.05.2021 [16:35]
Starting from June 3, the low-cost air airline “Buta Airways” will start operating special flights from Baku to Astrakhan. Flights in the Baku-Astrakhan-Baku direction will be operated once a week - on Thursdays ...

® Azercell-digital partner of first Virtual Female Fest

03.05.2021 [13:13]
The first Virtual Female Festival in Azerbaijan will be held on May 6-8 with the digital partnership of Azercell Telecom LLC. The event aimed to enlighten women in various fields, will be conducted on http://qadinfest.az platform ...

Oil prices drop on world markets

03.05.2021 [11:13]
Oil prices have decreased on the world markets. On London ICE (InterContinental Exchange Futures) cost of the Brent crude oil fell $0,56 to stand at $66,20, while the price of Light crude oil at the NYMEX (New York Mercantile Exchange) decreased $0,54 to trade at $63,0 ...

Ardabil Free Trade Zone to contribute to development of Azerbaijan-Iran cooperation, governor

02.05.2021 [12:07]
Head of Iran`s Ardabil Province Akbar Behnamju has expressed confidence that Ardabil Free Trade Zone will contribute to the expansion of economic cooperation between Iran and Azerbaijan. It will increase social welfare of both countries` border districts, he noted ...

Azerbaijan, Georgia discuss energy cooperation

02.05.2021 [10:56]
President of the State Oil Company of Azerbaijan (SOCAR) Rovnag Abdullayev has met with Georgian Prime Minister Irakli Garibashvili as part of his working visit to Georgia. They focused on energy cooperation between the two countries, particularly SOCAR`s investment projects ...

Egypt hosts presentation of “Made in Azerbaijan” products

01.05.2021 [13:52]
The Azerbaijani Embassy in Egypt has organized presentation of "Made in Azerbaijan" brand products in Egypt. Among the presented products were various cookies, walnuts, hazelnuts, almonds, molasses, raisins, apricots, fruit juices, compotes ...

Azeri Light crude sells for $66.55

01.05.2021 [12:52]
Azerbaijani oil price has decreased on the world markets. The price of a barrel of Azeri Light crude oil fell $1.16 to stand ...

Oil prices drop on world markets

01.05.2021 [11:13]
Oil prices have decreased on the world markets. On London ICE (InterContinental Exchange Futures) cost of the Brent crude oil fell $1,31 to stand at $67,25 , while the price of Light crude oil at the NYMEX (New York Mercantile Exchange) decreased $1,43 to trade at $63,58 ...

Italy was Azerbaijan’s top export market among EU countries in January-March 2021

30.04.2021 [19:04]
Italy was Azerbaijan’s top export market in January-March of this year, according to the State Customs Committee. Official statistics suggests that Italy, Spain and Portugal were the largest export destinations of Azerbaijan ...

Azerbaijan, Indonesia sign MoU on energy cooperation

30.04.2021 [16:30]
The Ministry of Energy of the Republic of Azerbaijan and the Ministry of Energy and Mineral Resources of the Republic of Indonesia have inked the Memorandum of Understanding on energy cooperation ...

Azeri Light crude sells for $67.71

30.04.2021 [12:57]
Azerbaijani oil price has increased on the world markets. The price of a barrel of Azeri Light crude oil rose $0.64 to stand at $67.71 ...

Turkey, Iran and Malaysia were Azerbaijan’s top importers among OIC countries in January-March 2021

30.04.2021 [12:49]
Turkey, Iran and Malaysia were the top three importers of Azerbaijan among OIC countries in January-March of this year, according to the country’s State Customs Committee. The volume of import with Turkey ...

Oil prices drop on world markets

30.04.2021 [12:04]
Oil prices have decreased on the world markets. On London ICE (InterContinental Exchange Futures) cost of the Brent crude oil fell $0,22 to stand at $68,34, while the ...

BP spends $284,000 on sponsorship projects in Azerbaijan in Q1 of 2021

30.04.2021 [11:02]
“BP spent $284,000 on sponsorship projects in Azerbaijan in the first quarter of this year,” the company told AZERTAC. “During the first three months of 2021, BP and the co-venturers in BP-operated joint ventures spent $330.000 in Azerbaijan on ...

2,425 Azerbaijani nationals work for BP

29.04.2021 [18:57]
At the end of the first quarter of 2021, the number of BP’s Azerbaijani national employees was 2,425 including fixed-term employees, BP Azerbaijan told AZERTAC. “Since mid-2018, 90% of BP Azerbaijan’s professional staff has been nationals. Non-professional staff of BP ...

Turkey, Iran and Uzbekistan were Azerbaijan’s major trading partners among OIC countries in January-March 2021

29.04.2021 [16:10]
Turkey, Iran and Uzbekistan were Azerbaijan’s major trading partners among OIC countries in January-March of this year, according to the State Customs Committee. The bilateral trade with Turkey made $1.118.2 billion ...

Azeri Light price exceeds $67

29.04.2021 [15:00]
Azerbaijani oil price has increased on the world markets. The price of a barrel of Azeri Light crude oil rose $1.75 to stand at $67.07 ...

Central Bank of Azerbaijan, Mastercard ink MoU

29.04.2021 [13:06]
The Central Bank of the Republic of Azerbaijan and Mastercard have signed the Memorandum of Understanding launching the 5 years Digital Country Partnership (DCP) covering different strategic areas of digital payments development in line with the Azerbaijan’s government’s strategic public ...