Oil price rises in world market

20.05.2013 [13:06]
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 $0.86 to stand at $96.02. Price of the British Brent oil at the London ICE (InterContinental Exchange Futures) has ...

Baku to host 7th Azerbaijan International Agriculture Exhibition “Agrihort Azerbaijan-2013”

20.05.2013 [12:13]
Baku on May 22-24 will host the 7th Azerbaijan International Agriculture Exhibition “Agrihort Azerbaijan-2013”. According to the Iteca Caspian, Agrihort Azerbaijan-2013 is a professional platform for ...

WorldFood Azerbaijan 2013 exhibition due in Baku

20.05.2013 [11:57]
The 19th Azerbaijan International Food Industry Exhibition "WorldFood Azerbaijan 2013" will take place at the Baku Expo Centre in Azerbaijan`s capital from 22 to 24 May 2013. Established itself as the Caspian Region`s leading food industry event, it will be an ideal working venue for food industry professionals ...

SOCAR raises automobile gasoline production

19.05.2013 [14:04]
In January-April 2013 the State Oil Company of Azerbaijan (SOCAR) produced 506,600 tones of gasoline. Sources in the company announced production of 454,900 tones of automobile gasoline, 51,700 tones of virgin gasoline within four months ...

Azerbaijan-Georgia-Turkey business forum to be held in Gabala district

19.05.2013 [13:31]
An Azerbaijan-Georgia-Turkey business forum will be held on May 25 in the district of Gabala. The forum will be organized by the Azerbaijan Export and Investment Promotion Foundation (AZPROMO) with support of the Economic Development Ministry ...

SOCAR produces over 232,000 tonnes of jet fuel

19.05.2013 [13:16]
In January-April of this year the State Oil Company of Azerbaijan (SOCAR) produced 232,900 tones of jet fuel. Jet fuel production has risen by 34,800 tones over the same period of 2012. Production made 62,300 tones in January, 56,000 tones in February, 57,000 tones in March ...

Baku to host “Ipack Caspian 2013” exhibition

19.05.2013 [11:21]
The Caspian International Exhibition “Packaging, Tare, Label and Printing” – “Ipack Caspian 2013” will be held on May 22-24 in Baku. “Ipack Caspian 2013” will bring together all the professionals, experts, market leaders and the major decision makers from this sector to enable evaluation of the latest ...

Azerbaijan and Argentina to cooperate in taxes sphere

18.05.2013 [20:30]
Azerbaijan`s minister of taxes Fazil Mammadov has met Argentinean ambassador Carlos Dante Riva. The discussions focused on prospects for cooperation between the two countries in taxes sphere. Mammadov spoke about Azerbaijan`s economy, tax reforms conducted in the country, using ...

Trades at BICEX

18.05.2013 [15:50]
The weighted average exchange prices made up 0.7836 AZN for 1 US dollar in the Baku Interbank Currency Exchange (BICEX) on May 17. The average-weighted dollar exchange rate was 0.7836 AZN at the morning session on US ...

VTB Group considers Azerbaijan priority region

17.05.2013 [21:51]
Azerbaijan is one of the priority regions for the VTB Group, director of the department of subsidiaries of Bank VTB OJSC Mikhail Yakunin said on Friday at the opening ceremony of the new head office of VTB Bank (Azerbaijan) in Baku. Yakunin said opening the new office marks a new stage in the development of VTB Bank ...

Oil price rises in world market

17.05.2013 [21:42]
The price of oil has continued to rise in the world markets. On the New York Stock Exchange NYMEX, cost of the US Light crude oil raised $0.86 to trade at $ 95.16. Price of the British Brent oil at the London ICE (InterContinental Exchange Futures) has ...

Azerbaijan`s first methanol plant to be commissioned in summer

17.05.2013 [18:18]
Azerbaijani Methanol Company (AzMeCo) has postponed terms of the launch of a methanol plant to be the first in Azerbaijan and the South Caucasus for 2013 for this summer. The Company reports that AzMeCo plant start-up is expected in the coming months ...

Trades at BICEX

17.05.2013 [14:22]
The weighted average exchange prices made up 0.7836 AZN for 1 US dollar in the Baku Interbank Currency Exchange (BICEX) on May 16. The average-weighted dollar exchange rate was 0.7834 AZN at the morning session on US currency in the BEST (Bourse E-system of trades). Deals worth 1 410 780 AZN were ...

Azerbaijan`s Ministry of Communications and Information Technologies organizes seminar on TASIM- Project Trans-Eurasian Information Super Highway in Geneva

17.05.2013 [13:31]
The Azerbaijan Ministry of Communications and Information Technologies has held a seminar called “TASIM- Project Trans-Eurasian Information Super Highway: new platforms for improving connectivity in Eurasia” as part of the World ...

AZAL launches direct flight to Yekaterinburg

16.05.2013 [20:58]
Azerbaijan Airlines will implement direct flights on Baku-Yekaterinburg-Baku route. Flights will be operated by comfortable and modern aircrafts such as Airbus A-319 and Airbus A-320, twice a week, on Thursdays and Sundays ...

Azerbaijan Industry and Energy Ministry`s delegation visits Norway

16.05.2013 [18:56]
A delegation of Azerbaijan led by industry and energy minister Natig Aliyev has visited Norway. First the delegation visited the Troll A platform, which is a condeep offshore natural gas platform in the Troll gas field off the west coast of Norway ...

Azeri Light crude sells for $104.22

16.05.2013 [18:51]
Oil prices have again changed in the world markets, with a barrel of Azeri Light crude trading for $104.22. On the New York Mercantile Exchange NYMEX, cost of the US Light crude oil increased 9 cents to stand at $94.30. ...

TAP officials visit Azerbaijan Ministry of Industry and Energy

16.05.2013 [17:08]
Trans Adriatic Pipeline external affairs director Michael Hoffman and government affairs advisor Tora Leifland Holmström have visited the Azerbaijan Ministry of Industry and Energy. Azerbaijani deputy industry and energy minister Natig Abbasov informed the TAP officials on ...

Trades at BICEX

16.05.2013 [14:40]
The weighted average exchange prices made up 0.7834 AZN for 1 US dollar in the Baku Interbank Currency Exchange (BICEX) on May 15. The average-weighted dollar exchange rate was 0.7834 AZN at the morning session on US currency in the BEST ...