UNDP: Azerbaijan can earn $ 99 bln from natural gas exports in next 60 years
Permalink

UNDP: Azerbaijan can earn $ 99 bln from natural gas exports in next 60 years

A forum on the UN development goals will be held on March 1-2 in Geneva, Switzerland. Report informs, Deputy Director of the United Nations Development Program (UNDP) for Europe…

Continue Reading →

Baku hosts conference on “Role of entrepreneurship in development of regions”
Permalink

Baku hosts conference on “Role of entrepreneurship in development of regions”

Total of $ 231 billion has been invested in Azerbaijani economy since 2004. Report informs, President of Azerbaijani Entrepreneurs Confederation (AEC) Mammad Musayev said. He noted that according…

Continue Reading →

12 Reasons Bitcoin Could Fall Below $1,000
Permalink

12 Reasons Bitcoin Could Fall Below $1,000

Bitcoin continues on its roller coaster ride falling from a high of $19,870.62 on December 17 to around $12,000 this morning. Cryptocurrencies and especially Bitcoin more than caught…

Continue Reading →

Demirbank chairman commented on closure of bank
Permalink

Demirbank chairman commented on closure of bank

Farid Abushov, the Chairman of the Executive Board Demirbank OJSC, commented on closure of bank license of which revoked yesterday by the decision of the Board of Directors…

Continue Reading →

President of TAP: “Section of pipeline on Italian shore won’t be rerouted
Permalink

President of TAP: “Section of pipeline on Italian shore won’t be rerouted

The Trans Adriatic Pipeline (TAP) which is constructed for transportation of Azerbaijani gas to Europe will pump the first gas into Italy at the beginning of 2020. Report…

Continue Reading →

Russian Minister of Economic Development will visit Baku
Permalink

Russian Minister of Economic Development will visit Baku

Minister of Economic Development of the Russian Federation Maxim Oreshkin will pay an official visit to Baku on December 25. Report informs referring to the ministry’s official website.…

Continue Reading →

SOCAR Energy Holdings acquires Austria’s A1 filling stations network
Permalink

SOCAR Energy Holdings acquires Austria’s A1 filling stations network

SOCAR Energy Holdings JSC, subsidiary of the State Oil Company of Azerbaijan Republic (SOCAR) in Switzerland, has acquired filling stations owned by A1 company and Pronto Oil firm,…

Continue Reading →

Azerbaijani companies to export fruit juice and meat to UAE
Permalink

Azerbaijani companies to export fruit juice and meat to UAE

The Azerbaijani export missions to the United Arab Emirates (UAE) and Saudi Arabia included 19 exporters. Report informs, Vice-President of AzPromo (Azerbaijan Export & Investment Promotion Fund) Yusif…

Continue Reading →

Deficit in balance of services in Azerbaijan makes $ 3 bln
Permalink

Deficit in balance of services in Azerbaijan makes $ 3 bln

In January-September, the value of mutual services of Azerbaijan in economic relations with foreign states amounted to $ 9.7 bln. Report informs referring to the Central Bank of…

Continue Reading →

Two more wells commissioned in platform No 10 in “Gunashli” field
Permalink

Two more wells commissioned in platform No 10 in “Gunashli” field

Wells No 185 and No 186 from deepwater offshore platform No10 in “Gunashli” field (Shallow Water) were put into operation after major overhaul. Report informs citing “Azneft” Production…

Continue Reading →