“Aerosvit” company stops flying on Kiev-Baku-Kiev route

10.01.2013 [13:42]
“Aerosvit” Company of Ukraine will end its non-stop flights on Kiev-Baku-Kiev route in February. Due to financial problems since January 9thç the Air Company will stop a number of local and international flights. Kiev-Baku flight is also among the cancelled flights ...

Azeri Light crude sells for $114.41

10.01.2013 [12:25]
Oil prices have again changed in the world markets, with a barrel of Azeri Light crude trading for $114.41. On the New York Merchantile Exchange NYMEX, cost of the US Light crude oil decreased ...

Kjetil Tungland: TAP has been designed in a way to connect to TANAP

09.01.2013 [19:31]
The article entitled "Time to Act on Diversifying EU Gas Supplies" has been published in the January 2013 issue of the "New Europe" newspaper. The author, Kjetil Tungland, who is the Managing Director of the Trans Adriatic Pipeline (TAP) examines the recent trends and development in the politics around the export of ...

Azerbaijan officially qualifies to Chairmanship in TAE project

09.01.2013 [17:42]
Protocol officially accrediting Azerbaijan`s Trans-Asia-Europe (TAE) project chairmanship was signed. Member countries of the project have unanimously voted for the chairmanship of Azerbaijan ...

Azeri Light crude sells for $114.49

09.01.2013 [11:46]
Oil prices have again changed in the world markets, with a barrel of Azeri Light crude trading for $114.49. On the New York Merchantile Exchange NYMEX, cost of the US Light crude oil decreased ...

President signs Order to speed up social and economic development of Mingecevir

08.01.2013 [19:22]
President of Azerbaijan Ilham Aliyev has signed an Order to speed up social and economic development of Mingecevir city. In accordance with the Order, two million manat has been allocated to Mingecevir Executive ...

Azerbaijani company finishes e-government project in Kyrgyzstan

08.01.2013 [18:26]
Azerbaijan's SINAM has completed a project on creation of the e-archive of the documents of the Department of Cadaster and Registration of the Rights for Immovable Property of the State Registration Service under the government of Kyrgyzstan. According to sources in the Information center on ICT, the project which was ...

Nominees for ’Best New Hotel-2012’ in Ukraine, CIS and Georgia, given first time to be proposed until 31 January

08.01.2013 [18:24]
Nominees for award "Best New Hotel-2012" in Ukraine and the CIS are to be proposed until 31 January. HVS reports that awards will be distributed for the first time within the framework of HVS Ukraine & CIS Hospitality Operations Forum (HVS UHOF), to be held in Kiev on 11-12 ...

Azeri Light crude sells for $114.05

08.01.2013 [15:15]
On the New York Stock Exchange NYMEX (New York Merchantile Exchange) cost of the US Light crude oil increased $0.10 to stand at $93.19. Price of the British Brent oil at the London ICE (InterContinental Exchange Futures) increased ...

Trades at BICEX

08.01.2013 [12:07]
The weighted average exchange prices made up 0.7856 AZN for 1 US dollar in the Baku Interbank Currency Exchange (BICEX) on January 7. The average-weighted dollar exchange rate was 0.7856 AZN at the morning session on US currency in the BEST (Bourse E-system of trades). Deals worth was not registered on ...

President signs Order to speed up social and economic development of Yardimli

07.01.2013 [20:45]
President of Azerbaijan Ilham Aliyev has signed an Order to speed up social and economic development of Yardimli district. In accordance with the Order, two million manat has been allocated to Yardimli Executive ...

Ministry of Defense Industry releases new reconnaissance vehicle

07.01.2013 [20:18]
“Azerbaijan`s Ministry of Defense Industry has created new type of Light Armored Multi-Purpose Vehicle”, Minister of Defense Industry Yavar Jamalov told the journalists. He noted, the vehicle will boost intelligence services of the army ...

Shahdeniz-2 project ratifies 2013-budget

07.01.2013 [17:49]
Partnering companies on second phase of Shahdeniz structure, located in the Azerbaijani sector of the Caspian Sea, have confirmed budget for 2013, SOCAR President Rovnag Abdullayev said ...

TransCaspian 2013 due on June 13-15 in Baku

07.01.2013 [17:24]
TransCaspian 2013 - 12th International Transport, Transit and Logistics Exhibition will be held in Baku at the Baku Expo Centre on 13-15 June 2013. The organizer of the event is Iteca Caspian LLC ...

Azerbaijan to see 5.3% economic growth in 2013

07.01.2013 [16:46]
The government of Azerbaijan predicts real GDP growth of 5.3% in 2013. Nominal GDP (including deflator) will be 56.07 billion manat (0.785 manat/$1 on October 15) ...

Azeri Light crude sells for $114.45

07.01.2013 [15:50]
Oil prices have again changed in the world markets, with a barrel of Azeri Light crude trading for $144.45. On the New York Merchantile Exchange NYMEX cost of the US Light crude oil increased $0.17 ...

SOCAR reveals launch date of new refinery in Turkey

07.01.2013 [15:48]
The State Oil Company of Azerbaijan (SOCAR) is planning to launch a new oil refinery in Turkey in 2016, President of SOCAR Rovnag Abdullayev said. “The consortium for the implementation of construction work, scheduled to begin next year, ...

Gas export of Azerbaijan to reach 40 bcm by 2025

07.01.2013 [11:31]
Azerbaijan`s gas export potential will reach 40 billion cubic meter by 2025, said President of the State Oil Company of Azerbaijan Rovnag Abdullayev at a press ...

ADB`s new partnership strategy on Azerbaijan to be signed in 2013

07.01.2013 [11:28]
New partnership strategy of the Asian Development Bank (ADB) on Azerbaijan will be signed in 2013, said Resident Representative of the Bank for Azerbaijan Olly Norojono. Olly Norojono underlined that new strategy covering 5 years is a very important and significant document for ADB. The ADB and Azerbaijani government are holding discussions ...