Trades at BICEX

30.03.2013 [20:11]
The weighted average exchange prices made up 0.7836 AZN for 1 US dollar in the Baku Interbank Currency Exchange (BICEX) on March 29. The average-weighted dollar exchange rate was 0.7836 AZN at the morning session on US ...

“Nabucco Gas Pipeline International” Company presents package of proposals to Shah Deniz Consortium

30.03.2013 [11:56]
“Nabucco Gas Pipeline International” Company has presented its package of proposals to Shah Deniz Consortium. The package of proposals covered all the elements of commercial criteria required by producers for Azerbaijani gas ...

TAP submits decision support package to Shah Deniz consortium

30.03.2013 [11:40]
On 28th March, 2013 the Trans Adriatic Pipeline (TAP) project submitted a comprehensive transportation bid to the Shah Deniz consortium. Building on the information that TAP provided in October 2011, the DSP will be assessed by the Shah Deniz consortium as part of the project selection process. The Consortium’s decision on ...

President of Azerbaijan endorses Plan of Actions on “Year of Information-Communication Technologies - 2013 in the Republic of Azerbaijan”

29.03.2013 [20:55]
President of Azerbaijan Ilham Aliyev endorsed the Plan of Actions on the “Year of Information-Communication Technologies - 2013 in the Republic of Azerbaijan” ...

Trades at BICEX

29.03.2013 [12:18]
The weighted average exchange prices made up 0.7836 AZN for 1 US dollar in the Baku Interbank Currency Exchange (BICEX) on March 28. The average-weighted dollar exchange rate was 0.7836 AZN at the morning session on US ...

Oil price rises in world market

29.03.2013 [11:45]
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 $0.65 to stand at $97.23. Price of the British Brent oil at the London ICE (InterContinental Exchange Futures) has ...

Italy`s Enel expresses interest in 10-20 pct of TAP gas pipeline

28.03.2013 [18:55]
Italy`s Enel utility is interested in a 10-20 percent share in the Trans Adriatic Pipeline (TAP) project that would carry gas from the Caspian region to Italy through Greece and Albania, chief executive officer Fulvio Conti said on Tuesday. "There`s talk of a 10 to 20 percent share that we would be happy to take," the company CEO ...

TRADES AT BICEX

28.03.2013 [17:57]
The weighted average exchange prices made up 0.7836 AZN for 1 US dollar in the Baku Interbank Currency Exchange (BICEX) on March 27. The average-weighted dollar exchange rate was 0.7836 AZN at the morning session on US ...

Azerbaijan-Turkey-Georgia business forum due in Gabala

28.03.2013 [12:55]
Trilateral business forum Azerbaijan-Georgia-Turkey will be held on May 21 in Azerbaijani city of Gabala. According to the Ministry of Economic Development, the forum, which will be arranged for ...

Oil price rises in world market

28.03.2013 [12:27]
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 $0.24 to stand at $96,58. Price of the British Brent oil at the London ICE (InterContinental Exchange Futures) has ...

Saudi Arabia to host Arab Cooperation Forum with Central Asian countries and Azerbaijan

28.03.2013 [11:41]
Arab Cooperation Forum with Central Asian countries and Azerbaijan will be arranged in April. According to foreign mass media, the agenda of the forum is now being defined. A meeting of Foreign Affairs Ministers of Azerbaijan and Central Asian countries will be held ...

Internet Super Five Win Queen Elizabeth First Recognition Award

27.03.2013 [20:56]
Sir Tim Berners-Lee, best known as one of the pioneering inventor of the World Wide Web has won the first global engineering prize- Queen Elizabeth Prize for Engineering, in recognition of his work of excellence in internet ...

Embawood Furniture Company opens office in Atyrau, Kazakhstan

27.03.2013 [19:01]
Azerbaijan`s furniture company Embawood have opened up sales office in Atyrau, Kazakhstan. The opening event was attended by Azerbaijan`s Consul General in Aktau Rashad ...

Oil prices rise in world markets

27.03.2013 [18:00]
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 $1.19 to stand at $109.36 ...

Turkmenistan to increase LPG export

27.03.2013 [17:32]
In 2013, Turkmenistan plans to increase the export of liquefied natural gas (LPG), Turkmenistan’s Ministry of Petroleum and Mineral Resources said. As reported, functioning in Naip and Bagaja (in the east), a powerful gas processing complex works hard, increasing is the daily production and the pace of work. Last year the complex produced 144,000 tons of liquefied natural gas and a large amount of gas condensate. ...

Baku to host 1st forum of Think Tanks of ECO member states

27.03.2013 [17:07]
Baku on September 5-6 will host the 1st forum of the Think Tanks of the member states of the Economic Cooperation Organization (ECO). According to the AZPROMO, the forum will host the 1st international conference on Energy ...

SAM representatives take part in the IV Forum of OIC “think tanks”

27.03.2013 [16:42]
The IV Forum of “"think tanks” of the Organization of Islamic Cooperation (OIC) opened in Cairo. The forum was attended by Head of Department of the Center for Strategic Studies under the President of Azerbaijan Republic (SAM) Vusal Gasimli, SAM expert Kamal Gasimov, head of the Center for Economic ...

Some 2.1 mln tons of cargo transported via sea in Azerbaijan in Jan-Feb, 2013

27.03.2013 [15:50]
Some 2.1 mln tons of cargo was transported via sea in Azerbaijan in January-February, 2013. According to the State Statistical Committee, 62.2% of this amount was oil, while 37.8% was dry cargo and all transportations were realized on foreign links ...

Our energy diplomacy has been very successful, President

26.03.2013 [14:35]
“Our energy diplomacy has been very successful. Looking at the developments unfolding in the world and Europe in relation to energy resources these days, we can see again that it is impossible to separate the energy policy from the overall ...