Azerbaijani oil sells for $86.72
The Azerbaijani oil price has decreased in the world markets. The price of a barrel of Azeri Light crude oil fell $0.98 to trade at $86.72. ...
Oil prices jump on world markets
Oil prices have increased on the world markets. On London ICE (InterContinental Exchange Futures) cost of the Brent crude oil rose $0.48 to trade at $85.86, while the price of the Light crude oil at the ...
® Azercell sends radio base stations and humanitarian aid to Türkiye
Azercell continues its support to the earthquake victims in Türkiye. The company has sent 3 humanitarian aid trucks containing generators and other vital supplies to help those affected by the disaster ...
ATA and AZAL develop National Airspace Strategy of Azerbaijan
The International Air Transport Association (IATA) and “Azeraeronavigation” Air Traffic Department (AZANS) of AZAL CJSC have started joint work on the development and implementation of the National Airspace Strategy (NAS) of Azerbaijan ...
Azerbaijan Investment Company, Azersheker LLC ink MoU
“Azerbaijan Investment Company and Azersheker LLC have signed a Memorandum of Understanding on exploring joint investment opportunities for the malted barley processing project for beer production,” Minister of Economy Mikayil Jabbarov said on Twitter ...
Azerbaijan Investment Company invests $1 million in Israeli startup project
“Within the framework of the cooperation with the OurCrowd Company, Azerbaijan Investment Company OJSC has invested $1 million in a technological startup for the very first time,” Azerbaijan’s Economy Minister Mikayil Jabbarov said on Twitter ...
Azerbaijan’s export of petroleum coke reaches 21 thousand tons in January
Azerbaijan exported about 21 thousand tons of petroleum coke in the amount of $8,532,100 last year, according to the State Customs Committee. The export in January last year was nearly 3 thousand tons of petroleum coke worth $413,300 ...
Azerbaijan's natural gas export slumps
Azerbaijan exported 255.6 million cubic meters of natural gas in January. According to the State Statistical Committee, the value of exported natural gas amounted to 140 million US dollars ...
Azerbaijan, Italy eye SME cooperation
Chairman of the Board of the Small and Medium Business Development Agency (KOBIA) of Azerbaijan Orkhan Mammadov has met with Amedeo Teti, head of foreign investment attraction of the Ministry for Business and Made in Italy ...
Azerbaijan produces 533,000 barrels of crude oil per day in January 2023
“In January 2023, the daily oil production (including condensate) in Azerbaijan totaled to 652,000 barrels, including 533,000 barrels’ crude oil and 119,000 barrels’ condensate,” the Ministry of Energy told AZERTAC. According to the new commitments of the participating countries of the Declaration of Cooperation ...
Construction of first industrial explosives manufacturing plant launched in Azerbaijan
“AzerBlast” Limited Liability Company (LLC), “AzerGold” CJSC’s subsidiary company, launched the construction of manufacturing plant which will produce explosives for industrial use. In line with state policy on the socio-economic development of the regions ...
OPEC raises 2023 oil demand growth view, points to tighter market
OPEC has raised its 2023 global oil demand growth forecast in its first upward revision for months, due to China's relaxation of COVID-19 restrictions, and trimmed supply forecasts for Russia and other non-OPEC producers, pointing to a tighter market, according to Reuters ...
Regional dialogue event Decarbonising Transport in Azerbaijan held
A regional dialogue event Decarbonising Transport in Azerbaijan was held as a follow-up to the project Decarbonising Transport in Azerbaijan in 2019–2022, implemented jointly by the Ministry of Digital Development and Transport and the International Transport ...
Oil prices drop in world markets
The world markets have seen a decline in oil prices. The Brent crude oil price on the London ICE (InterContinental Exchange Futures) fell $0.76 to trade at $84.82, while the price of the ...
Azerbaijani oil falls below $88
Azerbaijani oil price has decreased on the world markets. The price of a barrel of Azeri Light crude oil fell $0.74 to trade at $87.7 ...
Azerbaijan, Uzbekistan discuss prospects for cargo transportation
The Uzbekistan’s delegation led by Deputy Minister of Transport Abdusamat Muminov has held a meeting at the Baku Port. The meeting saw discussions on expansion of Baku Port’s cooperation with the dry ports and logistics companies ...
Azerbaijan, Uzbekistan mull boosting volume of cargo transportation within CASCA +
Azerbaijan and Uzbekistan have discussed joint steps to increase the volume and speed of cargo transportation within CASCA + multimodal transport route created on the basis of the international multimodal route “Azerbaijan-Georgia-Kyrgyzstan-Turkmenistan-Turkiye-Uzbekistan), and the Trans-Caspian International Transport Corridor ...
Central Bank: $53.1m worth of demand fully covered at FX auction
The foreign exchange (FX) auction was held at the Central Bank on February 14. $53.1m worth of demand was fully covered at the auction. Average weighted exchange rate of the manat was 1,7000. ...
Summary of “Archaeological Excavations on SCPX project, Azerbaijan” in Internet Archaeology, University of York, UK
For centuries, Azerbaijan’s cultural heritage has been represented by the nation’s historical past and unique culture and today, it enriches the honour list of UNESCO’s world masterpieces. bp has been closely involved with Azerbaijan’s rich cultural legacy since the early days of its presence here ...