OPEC Secretary General thanks Azerbaijan

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More from Economy

Azerbaijan’s economy not to be affected by 98 RON gasoline price hike

05.09.2017 22:36 GMT

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The increase in prices for 98 RON Super gasoline won’t affect any sector of Azerbaijan’s economy, the country’s Tariff (Price) Council told Trend Sept. 5.

AI-98 gasoline price increases in Azerbaijan

05.09.2017 17:34 GMT

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The price of AI-98 (Super) gasoline in Azerbaijan increased from 1.20 to 1.30 manat.

Azerbaijan’s oil output down under OPEC deal

05.09.2017 15:14 GMT

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In August, the daily oil production in Azerbaijan amounted to 734,800 barrels.

Azerbaijani Central Bank holds another currency auction

05.09.2017 14:27 GMT

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The currency auction was held with participation of the State Oil Fund of Azerbaijan (SOFAZ).

Exchange rate of manat against USD increases 4% this year

05.09.2017 11:57 GMT

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The exchange rate of manat against USD has increased 3.94% since early 2017.

ADB mission due in Azerbaijan

31.08.2017 22:35 GMT

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A mission of the Asian Development Bank (ADB) will visit Azerbaijan in September.

Azerbaijan announces manat rate for September 5

31.08.2017 17:46 GMT

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The Central Bank of Azerbaijan has announced the dollar exchange rate for September 5.

Azerbaijan enters TOP-5 most popular destinations among Russian business travelers

30.08.2017 19:31 GMT

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Azerbaijan entered TOP-5 most popular destinations among Russian business travelers according to a research conducted by the Russian-based Aeroclub Group of Companies, the Azerbaijani Ministry of Culture and Tourism told APA.

Kyrgyz customs officers study Azerbaijan’s experience

30.08.2017 14:54 GMT

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A delegation of the State Customs Service of the Government of Kyrgyzstan has visited the State Customs Committee (SCC) of Azerbaijan.

Azerbaijani native appointed Uber's CEO

30.08.2017 12:32 GMT

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Khosrowshahi was born to an Azerbaijani family in Khosrovshah city of Iran's East Azerbaijan province in 1969.

Amadeus Senior Vice President: Heydar Aliyev International airport is very modern

29.08.2017 21:56 GMT

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“Heydar Aliyev International Airport is very modern. According to Skytrax consulting company’s rating, this airport is the best both among Russian airports and in the entire CIS.”

Azerbaijan needs over 1,000 hotels - Tourism Association

29.08.2017 20:36 GMT

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For the further development of tourism, over 1,000 hotels of different types and levels of service need to operate in Azerbaijan, Muzaffar Agakarimov, adviser of the chairman of Azerbaijan Tourism Association (AzTA), told Trend Aug. 29.

Ilham Aliyev allocates AZN 9.5 mln for improving water supply and sewerage system in Mingachevir

29.08.2017 19:45 GMT

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Azerbaijani President Ilham Aliyev has signed an order to continue the implementation of the project on renovation of water supply and sewerage system in Mingachevir.

12 state objects put up for privatization in Azerbaijan

29.08.2017 15:50 GMT

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The next auction for the privatization of state objects has been held in Azerbaijan today.

Azerbaijani banks switch to enhanced mode of operation

29.08.2017 11:29 GMT

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Banks and their branches will work in an enhanced mode during Eid al-Adha.

101 state objects put up for privatization

28.08.2017 13:58 GMT

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The State Committee for Property Affairs of Azerbaijan has held another auction for privatization of state property.

Vessel for Azerbaijan’s biggest gas project completes sea trials

28.08.2017 10:12 GMT

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Vessel for Azerbaijan’s biggest gas project completes sea trials.

Azerbaijan’s gas export to Turkey up

25.08.2017 20:13 GMT

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Azerbaijan exported more than 3.34 billion cubic meters of gas to Turkey in 1H17, as compared to 3.25 billion cubic meters in the same period of 2016, said a report posted on the website of Turkey’s Energy Market Regulatory Authority (EPDK) Aug. 25.

Azerbaijan eyes to expand wine exports to China

25.08.2017 15:38 GMT

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Azerbaijan intends to expand exports of wine to China, said Azerbaijan Export and Investment Promotion Foundation (AZPROMO).

Azerbaijan’s foreign debt makes 18.9% of GDP

25.08.2017 11:58 GMT

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The Ministry of Finance has announced Azerbaijan’s foreign debt as of July 1, 2017.

EBRD refuses to increase its share in Holcim (Azerbaijan)

25.08.2017 10:14 GMT

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EBRD has refused to increase its share at the leading concrete manufacturer of Azerbaijan Holcim (Azerbaijan) OJSC.

Azerbaijan and Turkey to introduce a new system of money transfers

25.08.2017 10:02 GMT

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Turkey is creating a new system of money transfers, which will be launched for the first time to carry out transfers with Azerbaijan.

Azerbaijan’s external debt over $7B

24.08.2017 22:09 GMT

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Azerbaijan’s external debt stood at $7,172.6 million (12,208.5 million manats) as of July 1, 2017, which accounts for 18.9 percent of the country’s GDP, said Azerbaijani Ministry of Finance.

SOCAR delivers 65 tons of fuel to Georgia to tackle forest fires

24.08.2017 12:43 GMT

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SOCAR Georgia Petroleum is a subsidiary of the State Oil Company of the Azerbaijan Republic (SOCAR).

Baku to host race and exhibition of classic automobiles

24.08.2017 10:37 GMT

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The race and exhibition of classic automobiles will be organized in Baku on August 26 by the Azerbaijan Automobile Federation (AAF).

1.203 million foreigners visited Azerbaijan in first half of the year

23.08.2017 21:00 GMT

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A total of 1,203,700 foreigners from139 counties visited Azerbaijan in the first six months of 2017, according to the State Statistics Committee.

SOCAR overhauls offshore platform at Palchig Pilpilasi field

23.08.2017 09:17 GMT

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Major overhaul was carried out at an area of 1,619 square meters and anti-corrosion measures were implemented on 2,350 square meters of the platform.

President Ilham Aliyev allocates AZN 3M for construction of residential building in Shamkir

22.08.2017 20:00 GMT

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Azerbaijan's President Ilham Aliyev has signed an order on measures aimed to improve the housing conditions of people in the country's Shamkir city, APA reports.

Japan allocates loans worth $1.1B for projects in Azerbaijan

22.08.2017 19:55 GMT

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Within the period of 25 years, the Japanese government has allocated loans worth $1.1 billion to Azerbaijan, for the execution of various projects in the spheres of energy, water, agriculture and human capital development, the Japanese Embassy in Azerbaijan said, Aug. 22.

Gazprom, SOCAR mull issues of gas supplies to Azerbaijan

22.08.2017 12:10 GMT

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St. Petersburg yesterday hosted a working meeting between Gazprom CEO Alexey Miller and President of the State Oil Company of Azerbaijan (SOCAR) Rovnag Abdullayev.

SOCAR planning to increase gas production in coming years

22.08.2017 10:50 GMT

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Azerbaijan’s state oil company SOCAR is looking to increase production of natural gas in coming years, the company’s head Rovnag Abdullayev said in his interview with Reuters.

Plane carrying out Baku-Almaty flight returns to Baku airport

21.08.2017 21:37 GMT

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Air Astana plane, carrying out Baku-Almaty flight at 12:50 today, had to return to Baku airport after taking off.

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