“Azerbaijan ranks third among Georgia's foreign trade partners after Russia and Türkiye,” Georgia’s National Statistics Service said in its report on last year's results. In January of this year, Georgia's foreign trade turnover increased ...

The world markets have seen a decline in oil prices. The Brent crude oil price on the London ICE (InterContinental Exchange Futures) fell $0.84 to trade at $83.23, while the price of the Light crude oil ...

The Azerbaijani oil price has decreased in the world markets. The price of a barrel of Azeri Light crude oil fell $0.15 to trade at $85.19 ...

Climate change being foremost, cataclysms around the globe necessitate rethinking the State's economic capacity and role. This is coaxial with the green transition's gaining an ascending currency in political economy parlance, despite the prevailing neoliberal orthodoxy that relegated the State's ...

Azerbaijan’s Minister of Economy Mikayil Jabbarov has met with a delegation led by Chairman of the Government of the Republic of Dagestan Abdulmuslim Abdulmuslimov ...

Azerbaijan Caspian Shipping CJSC (ASCO) announces transport tariffs discount in both Baku-Turkmanbashi-Baku directions starting from March 1, 2023. Tariff for one standard truck with a trailer (TIR length 16.5 meters) transportation in one direction ...

Azerbaijan shipped about 4,18 bln cubic meters of gas via the main natural gas pipelines in January this year, up by 13.7 percent from the same period last year. The State Statistical Committee’s figures suggest gas transportation via the ...

“The Azerbaijani government aims to increase the share of renewables in total electricity production to 30% by 2030,” Azerbaijan’s Economy Minister said on Twitter. “Within the framework of the works carried out in this field, the projects with “ACWA Power” and “Masdar” companies ...

The main oil pipelines in Azerbaijan shipped about 3,255,100 tons of oil in January 2023. According to the State Statistics Committee, crude transportation via the Baku-Tbilisi-Ceyhan main export oil pipeline (BTC) accounted for 77.8% or 2,533.500 tons in January this year ...

"Nar", offering best-in-class service at an affordable price, recommends "CavanNar 9" tariff for active social media users. Those who join this tariff get a total of 10 GB data package for only 9 AZN per month ...

An agreement on the establishment of the Joint Azerbaijan-Hungary Business Council has been signed on the sidelines of the 9th meeting of Azerbaijan-Hungary Joint Intergovernmental Commission on economic cooperation held in Budapest, the capital city of Hungary ...

Azerbaijan exported 41,500 tons of methanol worth $8.4 million in January of this year, according to the State Customs Committee. In the same month of 2022, the export from the country was 37,200 tons in the amount of $11.9 million ...

The natural gas price at the NYMEX (New York Mercantile Exchange) has slumped by 0.07 US dollars or 3.03% to 2.21 dollars per 1 million BTU (British thermal unit). ...

The trade turnover between Azerbaijan and Moldova amounted to about $520 thousand in January this year. Official figures suggest that the volume of exports from Azerbaijan to Moldova amounted to $198.240, while imports from Moldova to Azerbaijan ...

Oil prices have increased in the world markets. The London ICE (InterContinental Exchange Futures) saw the Brent crude oil rise $0.67 to trade at $83.67, while the price of the light crude oil at the NYMEX ...

Azerbaijan exported 2.246.100 tons of crude oil and crude oil products worth $1 billion 397.7 million in January this year, according to the State Customs Committee ...

Argentinian ambassador to Azerbaijan Mariangeles Bellusci together with the top management of the Argentina’s leading industrial company “ProMendoza” have today visited the Port of Baku ...

Rashad Nabiyev, Minister of Digital Development and Transport has met with visiting Grzegorz Piechowiak, Deputy Minister of Economic Development and Technology of the Republic of Poland to discuss transport and ICT cooperation ...

The Azerbaijani oil price has decreased in the world markets. The price of a barrel of Azeri Light crude oil fell $2.14 to trade at $85.34 ...