SOCAR AQS, KCA Deutag to sign joint venture contract

25.07.2018 [17:28]
Azerbaijan`s SOCAR AQS LLC and KCA Deutag, one of the world`s leading drilling and engineering contractors, will sign a joint venture (JV) contract, according to the SOCAR AQS LLC. The signing ceremony will be held on July 26 in Baku. The contract ...

Ambassador Juris Maklakovs: Latvian citizens are keen to taste Azerbaijani products

24.07.2018 [23:53]
Azerbaijani Trade House opened in Latvia. About 120 tonnes Azerbaijani agricultural products were sent already to Latvia. Latvian citizens are keen to taste Azerbaijani products, said Ambassador Juris Maklakovs in an interview with AZERTAC. "Demand for Azerbaijani products further increases as the Latvian ...

Azerbaijani President approves funding for construction of road in Baku

24.07.2018 [23:02]
Azerbaijani President Ilham Aliyev has signed an Order regarding measures to construct Lokbatan-Gizildash road in Garadag district of Baku. Under the presidential Order, the Azerbaijan High State Agency is allocated 7,900,000 ...

Azerbaijan’s trading house opens in Latvia

24.07.2018 [15:50]
Azerbaijan's trading house has opened in Latvia, Riga. The participants in the event included officials of the two countries, members of the working group on Azerbaijan-Latvia ...

India cuts oil imports from Iran

24.07.2018 [11:32]
According to the foreign media, India's state-run refineries bought 9.8 million tons of Iranian oil in financial 2017-18 compared to 13.04 million tons a year earlier, a nearly 25 percent decline ...

Nar congratulates media representatives

23.07.2018 [20:44]
On the occasion of the National Press Day, Nar organized a special event for the media representatives. An entertaining intellectual contest was held with the participation of 58 media representatives from 32 media agencies. Along with general topics, the contest covered national and world cuisine ...

® AtaBank OJSC is step ahead again

23.07.2018 [18:14]
On July 12, 2018 in Singapore, the mobile application AtaNet presented by AtaBank OJSC this year won the Asian Banking & Finance Wholesale Banking Awards 2018. The event held under the motto "Let's know the bests of banking and finance sectors." In the ceremony held since 2012, along with ...

G20 warns 'geopolitical tensions' pose risks to growth

23.07.2018 [11:43]
Group of 20 finance ministers warned today that "heightened trade and geopolitical tensions" posed risks to global economic growth as two days of meetings came to a close. The G20 emphasized "the need to step up dialogue and actions to mitigate ...

SOCAR: Kulevi Port received more than 2,200 vessels

23.07.2018 [10:19]
The port of Kulevi oil terminal of SOCAR`s asset in Georgia, so far, has received and departed more than 2,200 vessels. Kulevi Port began operating in May 2008. Since then, the port has received and departed more than 2,200 vessels ...

Turkey becomes second LNG importer in Europe

21.07.2018 [13:40]
Turkey became the second largest liquefied natural gas (LNG) importer country in Europe in 2017, according to the latest report of the International Gas Union (IGU) released in July, Anadolu Agency reported ...

® “ Bakcell supports “Education Bus 2018” Summer School

20.07.2018 [17:06]
Bakcell – the First Mobile Operator and Leading Mobile Internet Provider of Azerbaijan has supported the “Education Bus 2018” project, organized by the Ministry of Education of the Republic of Azerbaijan in the period from 17 to 23 of July 2018 ...

Azerbaijan’s energy minister: TAP will contribute to diversification of Italy`s gas supply sources

20.07.2018 [12:16]
“The Trans Adriatic Pipeline (TAP) will ensure diversification of gas supply sources for Italy, the European Union`s biggest gas importer,” said Azerbaijan’s Minister of Energy Parviz Shahbazov as he met with a delegation led by Italy`s Under-Secretary of ...

Fabrizio di Amato: "Maire Tecnimont" interested in cooperation with other partners in Azerbaijan

20.07.2018 [10:35]
“The Italian company Maire Tecnimont, along with SOCAR Polymer, is also interested in cooperating with other partners in Azerbaijan and continue this cooperation for years ahead”, Chairman of the Maire Tecnimont Group, Fabrizio di Amato, stated at ...

Construction of SOCAR Polymer Plant realized through project financing

19.07.2018 [11:04]
“Azerbaijan used the model of project financing for the first time using the example of a polypropylene plant within the framework of the SOCAR Polymer project. The decision was made in order to reduce risks”, SOCAR president Rovnag Abdullayev ...

Italian President: SOCAR Polymer is an extremely important project

19.07.2018 [10:46]
“SOCAR Polymer is an extremely important project,” said Italian President Sergio Mattarella as he addressed the inauguration of a polypropylene plant constructed in Sumgayit Chemical Industrial Park under SOCAR Polymer project ...

President Ilham Aliyev: The polypropylene plant will significantly increase Azerbaijan’s export potential

18.07.2018 [18:40]
“The polypropylene plant will significantly increase Azerbaijan’s export potential,” said President of Azerbaijan Ilham Aliyev as he addressed the inauguration of a polypropylene plant constructed in Sumgayit Chemical Industrial Park under SOCAR Polymer project ...

Deputy economy minister: Azerbaijan has invested $140m in Italy so far

18.07.2018 [18:25]
“Azerbaijan has invested $140m in Italy so far,” Azerbaijan’s Deputy Minister of Economy Rufat Mammadov has told journalists ...

Italian President: Southern Gas Corridor is exceptionally vital for Europe

18.07.2018 [15:49]
“Southern Gas Corridor and natural gas of the Caspian Sea are exceptionally vital for Europe,” said Italian President Sergio Mattarella during a press conference with Azerbaijani President Ilham Aliyev in Baku. “Apart from our excellent cooperation in the field of energy, we also ...

TAP: 94 percent of steel line pipes welded in Greece and Albania

18.07.2018 [14:16]
“We have welded 94% of steel line pipes and around 84% pipes are already in the ground (back-filled),” Head of Communications at Trans Adriatic Pipeline (TAP) Lisa Givert has told AZERTAC in an exclusive interview ...