Azeri Light crude sells for $105.32
Oil prices have again changed in the world markets, with a barrel of Azeri Light crude trading for $105.32. On the New York Merchantile Exchange NYMEX cost of the US Light crude oil increased $1.55 ...
Turkey considers joining TAP project
Turkey is assessing an invitation to become a partner in the Trans Adriatic Pipeline (TAP) project, Energy Minister Taner Yildiz told journalists. TAP will deliver 10 billion cubic metres of Azeri gas each year, transporting it via Turkey ...
Baku to host 4th Eurasian Forum of Accountants and Auditors
The 4th Eurasian Forum of Accountants and Auditors on “Internal control and risk management” will be arranged in Azerbaijan`s capital on September 26-28. The event will be co-organized by the Association of Professional Financial Managers of Azerbaijan, Chamber of Auditors of Azerbaijan and the Association of Professional Financial ...
SOCAR President: Selection of Tap has no connection with purchasing Greek DESFA Company by SOCAR
“Selection of Tap has no connection with purchasing Greek DESFA Company by SOCAR,” President of the State Oil Company of Azerbaijan Rovnag Abdullayev said. “Increase of Azerbaijan`s gas reserves will cause establishment of new gas pipelines for ...
Azerbaijan State Land and Cartography Committee selected member of EuroGeographics
The State Land and Cartography Committee of the Azerbaijan Republic has been selected a member of the EuroGeographics Association. EuroGeographics is a non-profit organization that unites the European national institutions in the sphere of cartography, real estate registration and cadastre activity. The association ...
First rails welded on Baku-Tbilisi-Kars line
First rails have been welded on the Baku-Tbilisi-Kars (BTK) line in a ceremony held in the Turkish province of Kars. Turkish Minister of Transport, Shipping and Communications Binali Yildirim, Minister of Transport of Azerbaijan Ziya Mammadov and Georgian Minister of Economy and ...
Minister Bonino welcomes TAP selection
Italian Foreign Minister Emma Bonino has welcomed the announcement that the Trans-Adriatic Pipeline (TAP) project has been selected to build the European section of the Southern Gas Corridor. The pipeline will carry growing ...
Azerbaijan-Lithuania Intergovernmental Commission holds 3rd session
The Azerbaijan-Lithuania Intergovernmental Commission has held its 3rd session in Vilnius. The meeting was co-chaired by Lithuanian Foreign Affairs Minister Linas Linkevicius and Azerbaijan’s Minister of Taxes Fazil Mammadov ...
Trades at BICEX
The weighted average exchange prices made up 0.7835 AZN for 1 US dollar in the Baku Interbank Currency Exchange (BICEX) on June 28. 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) ...
Azerbaijan, Hungary discuss prospects for building cooperation on securities market
Azerbaijan and Hungary have explored ways of building cooperation between securities institutions as Hungarian Deputy State Secretary for Governmental IT at the Ministry of National Development Vilmos Valyi-Nagy met leadership ...
Azerbaijani delegation attends WCO 121st/122nd Sessions of the Customs Co-operation Council
A delegation led by Chairman of Azerbaijan State Customs Committee Aydin Aliyev has attended the World Customs Organization` s 121st/122nd Sessions of the Customs Co-operation Council in Brussels, Belgium. On the sidelines of the event, the Azerbaijani delegation held a bilateral meeting with a ...
BP Vice President: TAP and Nabucco West have great commercial difference
“TAP and Nabucco West projects have a great commercial difference,” BP Vice President for Shah Deniz field development Al Cook has today told journalists. Stressing that more than 10 options have been considered while choosing a route over last four years, Cook said the decision was made on the basis of eight criteria ...
Shah Deniz consortium chooses TAP to carry Azeri gas to Europe
The consortium developing Azerbaijan`s Shah Deniz gas field has chosen the Trans Adriatic Pipeline (TAP) for natural gas deliveries to Europe, Gordon Birrell, BP Regional President for Azerbaijan, Georgia and Turkey said on Friday. Hailing the cooperation memorandum signed as part of a visit of President of the ...
One Quarter of World`s Energy to be Renewable by 2018, IEA Reports
One quarter of all the world`s energy generation will be renewable by 2018, the International Energy Agency (IEA) announced on Wednesday. The news comes just days after President Obama unveiled a National Climate Action Plan for the United States that signals a remarkable shift towards a cleaner energy future ...
Azerbaijan’s internet market quadruples during past 5 years
Azerbaijan’s internet market quadrupled, IT production sphere – tripled over past 5 years, the Ministry of Communication and Information Technologies ...
Trades at BICEX
The weighted average exchange prices made up 0.7835 AZN for 1 US dollar in the Baku Interbank Currency Exchange (BICEX) on June 27. The average-weighted dollar exchange rate was 0.7835 AZN at the morning session on US ...
Azeri Light crude sells for $105.73
Oil prices have again changed in the world markets, with a barrel of Azeri Light crude trading for $105.73. On the New York Stock Exchange NYMEX (New York Mercantile Exchange) cost of the US ...
Georgia interested in fast construction of BTK, Georgian PM
Prime Minister of Georgia Bidzina Ivanishvili expressed his country`s interest in fast construction of the Baku-Tbilisi-Kars railway. “We are speeding up the completion of construction of the Baku-Tbilisi-Kars railway to ...
E-gov program for 2013-2015 in Azerbaijan to be approved shortly
As earlier informed, the Ministry of Communications and Information Technologies of Azerbaijan has developed a draft State program for the development of “E-government" 2013-2015s” the Ministry said. The project was submitted to the government, and works on the implementation of all ...