Gas transportation from Shah Deniz field to Georgia suspended

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More from Economy

Top land price set at $150,000 in Baku

22.12.2009 13:45 GMT

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The highest price on 100 sq m was set at $150,000 in Narimanov district of Baku in Novomber this year.

Natural gas production in Azerbaijan increases up to 21.4 bln cu m in 2009

22.12.2009 13:33 GMT

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In November, volumes of natural gas production continue increasing in Azerbaijan.

November average prices drop on Baku building materials' market

22.12.2009 13:33 GMT

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Average prices dropped 2.2% on the Baku market of building materials in November of this year.

Azerbaijan increases cotton export

21.12.2009 21:36 GMT

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Azerbaijan continues restoring its positions of cotton producer and exporter.

Investments in Azerbaijan top $3.2bn so far this year

21.12.2009 21:35 GMT

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A total of 2.624bn Azerbaijan New Manats (AZN), or $3.269bn, were invested in Azerbaijan in the year to November.

Investments to Azerbaijan's oil sector make 27.5%

21.12.2009 19:47 GMT

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The volume of investments to the oil sector of Azerbaijan made 27.4$ of all investments to country's economy in Jan-Nov 2009.

Russia becomes Azerbaijan's second trade partner, behind Italy

21.12.2009 18:49 GMT

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Russia is now Azerbaijan's second largest trading partner, ahead of the USA, following the release of November's trade figures.

Oil makes up 81.28% in Azerbaijan's export

21.12.2009 18:14 GMT

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Share of crude oil made up 81.28% in the overall volume of Azerbaijan's export in Jan-Nov 2009, according to sources in the State Customs Committee.

Cargo transportation rises in Azerbaijan

21.12.2009 16:22 GMT

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Cargo transportations in Azerbaijan made 170.3 mln tons in Jan-Nov 2009 which is a 7.5% rise over a similar period of the last year.

Azerbaijani citizens imported consumer goods for $195.3 mln in 2009

21.12.2009 16:01 GMT

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Azerbaijani citizens reduced import of goods for personal use this November.

Azerbaijan exported oil products for $1.4 bn in 2009

21.12.2009 15:12 GMT

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For Jan-Nov 2009 Azerbaijan imported oil products for $49.8 million and exported for $1.4 bn.

Azerbaijani foreign trade turnover exceeded $18.6 bn in 2009

21.12.2009 14:58 GMT

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For Jan-Nov 2009 country’s foreign trade turnover reached $18.6 bn versus $54.9 bn for 2008.

Azerbaijan lowered natural gas export in November

21.12.2009 13:16 GMT

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This November Azerbaijan reduced natural gas export (resumed in September after a break in August) by 35.4%.

Official jobless rate in Azerbaijan drops

19.12.2009 16:45 GMT

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Women keep on promoting to rundown in Azerbaijan’s official jobless rate.

SOCAR increases independent operations on domestic gas market

19.12.2009 15:50 GMT

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This November the State Oil Company of Azerbaijan (SOCAR) raised gas supplies to the domestic market by 25.9%.

BTC's daily transportation nears 850,000 barrels

19.12.2009 14:30 GMT

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BTC has transported some 791 million barrels (about 106 million tons).

New gas pipeline needed for Azerbaijani gas exports to Iran

19.12.2009 14:05 GMT

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A new pipeline is needed to supply Iran with the 5 billion cubic metres of gas per year that it would like to import from Azerbaijan.

EU helps Azerbaijan assess shadow economy

19.12.2009 12:51 GMT

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The EU is working with the State Statistics Committee to upgrade Azerbaijan's national accounts and assess more accurately the shadow economy.

World Bank, Azerbaijan sign loan agreement

18.12.2009 21:06 GMT

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The Azerbaijani government and the World Bank on Friday signed an agreement on a loan of $ 450 million to overhaul rail infrastructure.

Azerbaijan, Germany to establish dairy complex

18.12.2009 20:18 GMT

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Azerbaijan and Germany sign memorandum on establishment of dairy complex and enterprise for agrotechnical services in Agstafa.

Nabucco experiences serious financial problems

18.12.2009 17:40 GMT

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Project of the European gas pipeline still has serious financial problems and difficulties in obtaining loans.

Azerbaijan, Russia to resume Baku-Olya ferry line

18.12.2009 17:37 GMT

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Azerbaijan and Russia to resume Baku-Olya ferry line for next two months.

Russia to sign agreement of double taxation avoiding with Azerbaijan

18.12.2009 16:50 GMT

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Russia is ready for removal of impediments for signing of an agreement on double taxation avoiding and promotion of investments with Azerbaijan.

Azerbaijan Airlines to take part in Astrakhan airport’s cargo terminal project

18.12.2009 16:39 GMT

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Azerbaijan Airlines launch export of experience it accumulated when reconstructing the Baku International Airport.

Boeing 787 Dreamliner to be delivered in Azerbaijan

18.12.2009 16:32 GMT

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The first test flight of the new Boeing 787 Dreemliner jet plane was held successfully on 17 December.

Azerbaijan and Turkmenistan hamper creation of Caspian Economic organization

18.12.2009 16:25 GMT

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The idea of Caspian Economic Cooperation Organization proposed by Russia has encountered obstacles in the form of stands of some littoral states.

Bridge over Baku bay to be built

18.12.2009 15:22 GMT

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A Protocol on the construction of a bridge via Baku bay signed.

Azerbaijan Mortgage Fund lends over $80m in 2009

18.12.2009 14:31 GMT

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The number of loans made through the Central Bank's Azerbaijan Mortgage Fund (AMF) is continuing to increase.

Azerbaijan's State Oil Company expands petrol station network in Georgia

18.12.2009 12:57 GMT

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Rovnag Abdullayev, president of the State Oil Company of Azerbaijan (SOCAR), has opened the company's 28th petrol station in Georgia.

Asian Bank allocates new loan to Azerbaijan

17.12.2009 21:44 GMT

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Asian Development Bank and the Azerbaijani government have signed a new loan agreement in Baku on 17 December.

Foreign investment in Azerbaijan declines more slowly

17.12.2009 21:03 GMT

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The rate of the decline in foreign investment in Azerbaijan has slowed in the second half of the year.

Secondary flats decline in prices in Baku

17.12.2009 21:00 GMT

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A 1.3% rise in the number of contracts has been observed on the secondary market of Baku in November as compared to October.

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