Azerbaijan businessmen invited to industrial fair and cooperation exchange in Tashkent

08.04.2013 [14:28]
According to the AZPROMO, Azerbaijani businessmen are invited to an industrial fair and cooperation exchange to be held in Tashkent from October29 to ...

Turkey calls Nabucco West more ambitious than TAP

08.04.2013 [14:00]
Turkish Minister for Energy and Natural Resources Taner Yildiz said at the World Economic Forum in Baku that Nabucco West was a more ambitious project than the Trans-Adriatic Pipeline (TAP). Yildiz emphasized that the final choice of route to transport Azerbaijani ...

4th Azerbaijan International Insurance Forum to take place in June

08.04.2013 [11:51]
The 4th Azerbaijan International Insurance Forum (AIIF) will take place on 20-21 June, the Azerbaijan Insurers Association (ASA) has announced. The forum will bring together 250 representatives of insurance and broker agencies from the ...

Baku to host Azerbaijan-Lithuania business forum

07.04.2013 [17:02]
An Azerbaijan-Lithuania business forum will be held on April 9 in Baku. The forum will be organized by the Azerbaijan Export and Investment Promotion Foundation (AZPROMO). The event will bring together businessmen specialized in finance, education, ICT, renewable ...

New industrialization program to be adopted in Azerbaijan

07.04.2013 [14:37]
Azerbaijan will use the Republic of Korea's experience in this field for development of its industry. “Azerbaijan will accept a new industrialization program,” Minister of Industry and Energy Natig Aliyev told journalists in the meeting with the members of the Caspian-European ...

SOCAR exports over 5.7m tonnes of oil by all routes

07.04.2013 [14:11]
The BTC pipeline exported 4,586,000 tonnes of profit oil. In January-March of this year the State Oil Company of Azerbaijan exported 5,797,000 tonnes of oil by three routes-Baku-Novorossiysk, Baku-Tbilisi-Ceyhan and Baku-Supsa pipelines. The statement came from sources in SOCAR. ...

Over 1.5m domain names registered in .az domain zone

07.04.2013 [13:46]
Number of domains registered in the national top-level domain zone of Azerbaijan .az continues to increase. As of 5 April this year, the domain zone registered 17,500 domains against 17,076 as of 1 March and 13,865 as of 5 April 2012. ...

Azerbaijan`s Energy Minister: Azerbaijan ready to resume oil exports to Ukraine

07.04.2013 [13:13]
Azerbaijan is ready to resume deliveries of crude oil to Ukraine, Azerbaijani Industry and Energy Minister Natig Aliyev told journalists. Aliyev, who was participating at a meeting with members of the Caspian-European Integration Business Club (CEIBC), said Ukraine's interest in oil deliveries from Azerbaijan was announced during a meeting with Ukrainian Minister of Energy and Coal Industry ...

Azerbaijan`s capital hosts Marketing Kingdom Baku conference

07.04.2013 [12:51]
Baku has hosted a two-day Marketing Kingdom Baku conference organized by P World with Azercell as Platinum Sponsor. The conference brought together more than 200 marketing experts from different countries. The Marketing Kingdom is one of Europe's biggest events and has been held in 6 different ...

Statoil: Azerbaijan`s position enables it to be a very large and reliable supplier for Europe

06.04.2013 [19:40]
Azerbaijan`s position enables it to be a very large and reliable supplier for Europe, which is important for Azerbaijan and Europe going forward, Lars Troen Sorensen, President of Statoil Azerbaijan said in an interview to The Business Year magazine. Sorensen said that Caspian supply to Europe is an important strategic change for Europe ...

New Europe: All eyes on Shah Deniz as pipeline evaluation starts

06.04.2013 [18:18]
Influential European analytical portal "New Europe" published an article about the Shah Deniz field (http://www.neurope.eu/article/all-eyes-shah-deniz-pipeline-evaluation-starts). "At the end of June 2013, all energy eyes will be on Azerbaijan as the BP-led Shah Deniz consortium is expected to choose between the OMV-led Nabucco ...

Azerbaijani delegation attends 2nd World Turkic Forum

06.04.2013 [16:33]
Azerbaijani delegation led by Vilayet Veliyev, the director of Institute of Scientific Research for Economic Reforms of the Ministry of Economic Development has attended the 2nd World Turkic Forum on “Turkic Diaspora and Turkic ...

TRADES AT BICEX

06.04.2013 [16:32]
The weighted average exchange prices made up 0.7836 AZN for 1 US dollar in the Baku Interbank Currency Exchange (BICEX) on April 5. The average-weighted dollar exchange rate was 0.7836 AZN at the morning session on US currency in ...

Newly appointed World Bank Country Manager on Azerbaijan visits Ministry of Transport

05.04.2013 [22:29]
Newly appointed World Bank Country Manager on Azerbaijan Larisa Leshchenko visited Ministry of Transport. Ms. Leshchenko was informed on the successful policy pursued by the leadership of President Ilham Aliyev in last years, the reforms in transport sector, dynamic development of the ...

“Azerbaijan will accept new industrialization program,” Minister of Industry and Energy

05.04.2013 [22:23]
“Azerbaijan will accept a new industrialization program,” Minister of Industry and Energy Natig Aliyev told journalists in the meeting with the members of the Caspian-European Integration Business Club (CEIBC) ...

Oil prices fall in world markets

05.04.2013 [20:57]
On the New York Stock Exchange NYMEX (New York Mercantile Exchange) cost of the US Light crude oil has fallen $1.19 to stand at $93.26. A barrel of British Brent crude oil has fallen $0.77 to stand at $106.34 at the London ICE. According to the Department of Marketing and Economic Operations of Azerbaijan`s State ...

Baku to host Azerbaijan-Lithuanian business forum

05.04.2013 [17:00]
Azerbaijani-Lithuanian business forum will be held on April 9 with the support of the Ministry of Economic Development and Azerbaijan Export and Investment Promotion Fund (AZPROMO) ...

Azerbaijan`s Energy Minister: Azerbaijan considers Ukraine`s proposals for swap gas supplies

05.04.2013 [16:25]
Azerbaijan considers Ukraine`s proposals for swap gas supplies, the Minister of Industry and Energy Natig Aliyev said. Natig Aliyev has stated that during his Baku visit Energy and Coal Industry Minister Eduard Stavitskiy of Ukraine suggested consideration of the possibility ...

Azerbaijan’s Minister of Industry and Energy meets CEIBC member companies

05.04.2013 [15:54]
Azerbaijan’s Minister of Industry and Energy Natig Aliyev today met with the member companies of the Caspian-European Integration Business Club (CEIBC). As is stated, Natig Aliyev praised the current initiative of CEIBC, since such meetings ...