The weighted average exchange prices made up 0.7835 AZN for 1 US dollar in the Baku Interbank Currency Exchange (BICEX) on August 21. 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) ...

Oil prices have again changed in the world markets, with a barrel of Azeri Light crude trading for $114.47. On the New York Merchantile Exchange NYMEX, cost of the US Light crude oil decreased ...

The volume of production in the mining industry amounted to 14.6 billion manat, with a 74.2 per cent specific weight in all industrial production during the reported period which is 0.8 per cent lower than in the same period of 2012. The volume of oil production amounted to 25.5 million tons and natural gas production ...

SOCAR Georgia Gas has held an opening ceremony to mark the finalization of construction of a gas pipeline in the Adzhariya Autonomous Republic, Georgia. The event was attended by Georgian Energy Minister Kakha Kaladze and employees of the company ...

Azerbaijan`s State Statistical Committee has said about 921,800 passengers were transported via air transport in January-July this year, up 5.8% from the same period of 2012. The cargo transportation via air increased 1.9 times to make 64,500 tons ...

Russia will start to export its own oil through Baku–Tbilisi–Ceyhan (BTC) pipeline as part of alliance between State Oil Company of Azerbaijan (SOCAR) and Rosneft. Rovnag Abdullayev, the President of SOCAR, said that both State Oil Companies are ...

Oil prices have again changed in the world markets, with a barrel of Azeri Light crude trading for $1143.93. On the New York Merchantile Exchange NYMEX, cost of the US Light crude oil decreased ...

Istanbul, Turkey, will host a number of events including the 1st exhibition of export products of Turkic speaking countries and the 2nd business forum of Turkic speaking countries on September 12-15. According to the Azerbaijani National Confederation of Entrepreneurs (AEC), the 2nd ...

Azerbaijan transported 25.4 tons of crude in January-July of this year thorugh tis main oil pipelines, according to the State Statistical ...

The 1st OIC China Expo and Economic & Trade Forum 2013 will take place in the Chinese city of Yinchuan in September. This forum is aimed at strengthening economic and commercial cooperation among 57 OIC Member States, encouraging regular trade exchange, promoting investment and fostering ...

Oil prices have again changed in the world markets, with a barrel of Azeri Light crude trading for $115. On the New York Merchantile Exchange NYMEX, cost of the US Light crude oil increased $0.13 ...

Azerbaijan`s Minister of Communications and Information Technologies Ali Abbasov has met a delegation of assistants of US congressmen. Abbasov briefed the delegation on the achievements gained in ICT sphere in his country. ...

Oil prices have again changed in the world markets, with a barrel of Azeri Light crude trading for $114.43. On the New York Merchantile Exchange NYMEX, cost of the US Light crude oil increased ...

The population in Azerbaijan has had its income increase 7.2% in the first seven months of 2013 against the same period last year, State Statistical Committee has said. Official figures show that the population`s income reached 18.9 billion manats in January ...

The price of oil has continued to rise in the world markets. On the New York Mercantile Exchange NYMEX, cost of the US Light crude oil increased $0.02 to stand at $106.85. Price of British Brent crude oil at the London ICE (InterContinental Exchange Futures) has ...

An International Forum of Treasurers will take place in Baku in September sponsored by Pasha Bank. The event, which will bring together treasures from a number of countries, will focus on a wide range of issues, including the organization ...

Rosneft of Russia and the State Oil Company of the Republic of Azerbaijan (SOCAR) have signed a cooperation agreement. The document was inked by Rosneft President and Chairman of the Management Board Igor Sechin and SOCAR President ...

The weighted average exchange prices made up 0.7835 AZN for 1 US dollar in the Baku Interbank Currency Exchange (BICEX) on August 13. The average-weighted dollar exchange rate was 0.7835 AZN at the morning session on US ...