SOCAR opens modern gas stations in Georgia

26.02.2013 [22:10]
The State Oil Company of Azerbaijan (SOCAR) has launched more 2 gas stations in Georgia to meet the demand of Georgian population. New SOCAR gas stations, located in Kakhetia highway of Tbilisi and Guramishvili Street, were supplied with ...

Azerbaijan`s Natig Aliyev to attend meeting of EPP Energy Ministers

26.02.2013 [21:03]
Azerbaijani industry and energy minister Natig Aliyev has participated in a meeting of the energy ministers of the European People`s Party in Brussels, Belgium. The minister spoke about Azerbaijan`s energy policy, implemented projects and future ...

Geneva to host UNECE Transport Committee`s session

26.02.2013 [19:23]
Geneva on February 25-26 will host the 75 session of the Inland Transport Committee (ITC) of the United Nations Economic Commission for Europe ...

Trades at BICEX

26.02.2013 [16:05]
The weighted average exchange prices made up 0.7835 AZN for 1 US dollar in the Baku Interbank Currency Exchange (BICEX) on February 25. The average-weighted dollar exchange rate was 0.7835 AZN at the morning session on US currency in the BEST (Bourse E-system of trades). Deals worth AZN 1 921 315 were registered on instrument USD/AZN T+0 at the morning ...

Some 1.1 mln tons of cargo transported via sea in Azerbaijan

26.02.2013 [16:02]
Some 1.1 mln tons of cargo was transported via sea in Azerbaijan in January 2013. According to the State Statistical Committee, 60.8% of this amount was oil, while 39.2% was dry cargo and all transportations were realized on foreign links ...

Azeri Light crude sells for $117.89

26.02.2013 [11:04]
Oil prices have again changed in the world markets, with a barrel of Azeri Light crude trading for $117.89. On the New York Merchantile Exchange NYMEX, cost of the US Light crude oil decreased $0.02 to stand at $93.11 ...

Azerbaijan to attend 2nd ministerial meeting on Euro-Asian Transport Links

25.02.2013 [21:00]
Azerbaijan will participate in the 2nd ministerial meeting on the Euro-Asian Transport Links in Geneva on Tuesday. According to the Ministry of Transportation, the meeting is organized by the United Nations ...

Transport sector in Azerbaijan carried over 16.4 million tons of cargo in January

25.02.2013 [20:14]
In January 2013, the transport sector in Azerbaijan transported 16.4 million tons, according to the State Statistics Committee. Of the total volume of goods transported in January, 70.5 percent fell to the private sector. Some 51.1 percent of all cargo was transported by road, 30.8 percent - by pipelines, 11.6 percent - by railway and 6.5 percent - by sea. ...

Azerbaijan ups production of basic chemical products in January

25.02.2013 [17:49]
In January 2013, AZN 19.7 mln-products were produced in industrial sector of Azerbaijan. The State Statistical Committee says production of rubber and plastic manufactured products grew by – 45.6%, production of products on chemistry industry – 12.4%, production of pharmacology products – 57.3%. In January 2013, there was an increase in production rubber and plastic (2.1-fold) and ...

Lithuania to host Balttechnika 2013 international exhibition

25.02.2013 [16:00]
Balttechnika is an Industrial Supplies trade show and event, will be held in Vilnius, Lithuanian Exhibition and Convention Centre (LITEXPO) on 21 May 2013. Balttechnika is organized by Litexpo and featured in Automation, Engineering, Equipment, Materials, Metal ...

New Europe newspaper publishes article on Azerbaijan

25.02.2013 [14:56]
The New Europe newspaper has published an article titled “Azerbaijan`s State Oil Fund backs EU Southern Corridor”. The article features an interview of Executive Director of the State Oil Fund of the Azerbaijan Republic (SOFAZ) ...

Oil price rises in world market

25.02.2013 [14:50]
The price of oil has continued to rise in the world markets. On the New York Stock Exchange NYMEX (New York Merchantile Exchange) cost of the US Light crude oil raised $0.29 to stand at $93.13 ...

Azerbaijan exports over 3.6 million tons of oil in January

25.02.2013 [14:14]
Azerbaijan exported 3.6 mln tons of oil via the main pipelines in January. According to the State Statistical Committee, some 2.8 mln of this amount was exported via the Baku-Tbilisi-Ceyhan pipeline ...

Azerbaijan’s average salary of hired workers rose by 14.9% in January

25.02.2013 [12:45]
Average monthly wage of the hired workers increased 14.9% to reach AZN 599.1 in January in Azerbaijan. The number of hired workers increased 4.8 % and hit 173.3 thousand in 2012. According to the State Statistical Committee, some 36.5 thousand of hired workers are ...

Petkim Liman inks contract with APM Terminals

24.02.2013 [10:40]
Petkim Liman A.S with SOCAR`s majority ownership has signed an agreement on container port operations with the Netherland`s APM Terminals. Chairman of the Petkim Board Vagif Aliyev told a news conference that the company`s container port is going to be one of the region`s most important ones. Under the contract ...

Moderate earthquake shakes Jalilabad district

23.02.2013 [21:45]
A 3.2-magnitude earthquake struck Jalilabad district of Azerbaijan. The quake occurred at 16:08 local time on Saturday, 8 km south-west Jalilabad. According to the Seismological Service of the Azerbaijan National Academy of Sciences, the quake was not felt ...

AZPROMO hosts members of regional committee of World Turkish Business Council

23.02.2013 [21:43]
A meeting with the members of the Eurasian Regional Committee of the World Turkish Business Council under Turkey`s Foreign Economic Relations Board has been held at the Azerbaijan Export and Investment Promotion ...

Trades at BICEX

23.02.2013 [17:01]
The weighted average exchange prices made up 0.7837 AZN for 1 US dollar in the Baku Interbank Currency Exchange (BICEX) on February 22. The average-weighted dollar exchange rate was 0.7837 AZN at the morning session on US currency in the BEST (Bourse E-system of trades). ...

Ukrainian “Domenik” keen on cooperation with Azerbaijan

23.02.2013 [12:42]
Domenik LTD, part of the Alliance Group of Companies that incorporates several dairy and meat processing factories in Ukraine, is interested in cooperation with Azerbaijani counterparts. According to the Azerbaijan Export and Investment Promotion Foundation (AZPROMO), the ...