Baku to host 4th Southern Gas Corridor Advisory Council’s ministerial meeting on February 15

12.01.2018 [10:31]
The fourth Ministerial Meeting of the Southern Gas Corridor (SGC) Advisory Council will take place in Baku on February 15, said Azerbaijan’s Ministry of Energy. According to the ministry, a number of meetings and discussions on the organization ...

GECF Secretary General: Azerbaijan has opportunity to become full member of Gas Exporting Countries Forum

12.01.2018 [09:51]
"There are good opportunities for Azerbaijan to become a full member of the Gas Exporting Countries Forum (GECF)," said GECF Secretary General Yury Sentyurin told the industry-specific magazine "Oil and Gas Vertical" of Russia. ...

Azerbaijan, GECF discuss expansion of cooperation

11.01.2018 [21:22]
Azerbaijan and Gas Exporting Countries Forum (GECF) have explored ways of developing cooperation as the GECF Secretary General Yury Sentyurin met with the Azerbaijani Ambassador to the State of Qatar Tofig Abdullayev. ...

Heydar Aliyev International Airport hits new record - 4 million passengers a year

11.01.2018 [16:15]
In 2017, Heydar Aliyev International Airport – the main air gate of Azerbaijan's capital - hit a new record. In 2017 4.06 million passengers were served. It exceeded last year's figure by 23 percent. In 2017 a total of 55 airlines carried out regular and charter flights. Heydar ...

Railway lines will be laid to Gabala and Gusar, President

11.01.2018 [15:45]
"The investment program of this year features the repair and reconstruction of the Baku-Yalama railway. The relocation of the Baku-Astara railway line, in particular its part which is close to the sea, will be completed," President of Azerbaijan Ilham Aliyev ...

A total of 1,300 kilometers of highways were built in 2017, President

11.01.2018 [13:03]
"In 2017, a total of 1,300 kilometers of highways were built. This is also a very good figure," said President of Azerbaijan Ilham Aliyev as he addressed a meeting of the Cabinet of Ministers dedicated to the results of socioeconomic development of 2017 and objectives for the future ...

President Ilham Aliyev: In 2017, 221,000 jobs were created, including 177,000 permanent ones

11.01.2018 [12:21]
"In 2017, we created 221,000 jobs, including 177,000 permanent ones. This is a very good indicator. I believe that this is a record figure for the number of jobs created in recent years," President of Azerbaijan Ilham Aliyev has told a meeting of the ...

Azerbaijani President: The growth of non-oil exports by 24 per cent during the year is the result of the work done

11.01.2018 [11:43]
“The growth of non-oil exports by 24 per cent during the year is the result of the work done,” President of Azerbaijan Ilham Aliyev has told a meeting of the Cabinet of Ministers ...

President Ilham Aliyev: Azerbaijan has successfully implemented Southern Gas Corridor project

11.01.2018 [11:34]
“The Southern Gas Corridor has already been implemented,” said President of Azerbaijan Ilham Aliyev as he chaired a meeting of the Cabinet of Ministers dedicated to the results of socioeconomic development of 2017 and objectives for the future ...

‘Extension of ACG contract brings us important dividends’, President Ilham Aliyev

11.01.2018 [11:24]
‘The extension of the Azeri-Chirag-Gunashli contract also brings us other important dividends’, President of Azerbaijan Ilham Aliyev stated at the meeting of the Cabinet of Ministers on January 10 dedicated to the results of socio-economic development ...

Azeri Light crude sells for more than $71

11.01.2018 [10:50]
Oil prices have changed in different directions in the world markets. The price of a barrel of Azeri Light crude oil increased $0.81 to stand at $71.25. On London ICE (InterContinental Exchange Futures) cost of the Brent crude oil decreased ...

$14.6 billion invested in Azerbaijan’s economy in 2017

11.01.2018 [10:47]
‘$14.6 billion was invested in Azerbaijan’s economy in 2017. This is a good indicator. It shows that both of the local and foreign investors are interested in investing in our country. At the same time, it is the result of stability, taking into account ...

Azerbaijani President: The launch of Baku-Tbilisi-Kars railway is an event of profound importance not only to our country, but also to the region and to the whole world

10.01.2018 [21:41]
“The launch of Baku-Tbilisi-Kars railway is an event of profound importance not only to our country, but also to the region and to the whole world,” President of Azerbaijan Ilham Aliyev has told a Cabinet meeting. “This road starts in Baku. It is not a coincidence that a solemn opening ...

50 per cent of TAP route in Greece, Albania restored to original condition

10.01.2018 [18:08]
As much as 50 percent of the Trans Adriatic Pipeline (TAP) route in Greece and Albania has been restored to original condition. TAP is a part of the Southern Gas Corridor, which is one of the priority energy projects for the European Union. The project envisages transportation of gas from Azerbaijan's Shah ...

Expert board meeting of Caspian European Club to be held

10.01.2018 [12:48]
A closed expert board meeting of the Caspian European Club will be held on January 17, said Chief Executive Officer of the Caspian European Club Mustafa Abbasbeyli. According to him, a package of proposals concerning the tax, customs, banking and ...

PROKON successfully delivers project for SOCAR Polymer

10.01.2018 [12:41]
PROKON has announced the accomplishment of engineering, procurement and construction (EPC) works at Conditioning Facility within PP/HDPE (Polypropylene/High density polyethylene) Project for SOCAR Polymer ...

Azerbaijani oil price exceeds $70

10.01.2018 [10:38]
Oil prices have risen on the world markets. The price of a barrel of Azeri Light crude oil increased $0.58 to stand at $70.44. On London ICE (Intercontinental Exchange Futures) cost of the Brent crude oil rose $0.34 to stand at $69.16. The price of the ...

Azerbaijan fulfills its obligations on OPEC+ deal in December 2017

10.01.2018 [09:49]
Azerbaijan has fulfilled its obligations in December on the Vienna agreement reached on reduction of oil production by member states of Organization of Petroleum Exporting Countries (OPEC) and non-OPEC countries ...

Communication through art: “Bakcell Stars” provides equal rights and opportunities to children with need for special care

09.01.2018 [19:11]
One of the priority directions of the Corporate Social Responsibility (CSR) activity of Bakcell, being the First Mobile Operator and Leading Mobile Internet Provider of Azerbaijan, is to ensure the provision of equal rights and opportunities for children ...