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 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 ...

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 ...

“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 ...

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 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 ...

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 ...

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 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 ...

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 ...

“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 ...

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 quadrupled, IT production sphere – tripled over past 5 years, the Ministry of Communication and Information Technologies ...

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 ...

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 ...

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 ...

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 ...