OPEC Secretary General thanks Azerbaijan

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More from Economy

'Shah Deniz' platform suspended for 14 days

15.08.2017 16:32 GMT

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The planning for the programme started in 2016 and these activities are included in 2017 Annual Work Programme and Budget.

Oil prices steady after overnight tumble on dollar strength, China concerns

15.08.2017 09:48 GMT

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Global benchmark Brent crude futures LCOc1 were up 13 cents, or 0.3 percent, at $50.86 at 0325 GMT.

LUKOIL and SOCAR can jointly invest in Turkish companies

14.08.2017 21:53 GMT

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“Turkey’s retail fuel market remains attractive for PJSC LUKOIL,” said Senior Vice President for Supply and Sales of PJSC LUKOIL Vadim Vorobiev, APA-Economics reports quoting Anadolu Agency.

Azerbaijan, Hungary to implement major joint agricultural project

14.08.2017 20:32 GMT

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On August 15, Azerbaijan’s Khizi district will be hosting a groundbreaking ceremony for a greenhouse complex, to be jointly built by Azerbaijani CTC Holding and Hungarian companies, the Embassy of Hungary in Baku said on Aug. 14.

Georgia’s state debt to Azerbaijan amounts to over $ 9 mln

14.08.2017 17:40 GMT

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According to information as of July 31, 2017, Georgia’s foreign debt and volume of loans received under government guarantee totaled $ 4.9 billion.

Russian cargo airline to fly through Azerbaijan

14.08.2017 16:56 GMT

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The fifth freedom traffic right allows an airline to carry revenue traffic between foreign countries as a part of services connecting the airline’s own country.

Azerbaijanis earn highest salaries among other migrants in Russia

14.08.2017 16:24 GMT

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Azerbaijanis and Georgians in the legal status of migrants for 2017 receive on average 35,9 000 Rubles (600 USD).

Cargo transportation increases in Azerbaijan segment of TRACECA corridor

14.08.2017 11:46 GMT

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Cargo transportation in Azerbaijan segment of TRACECA corridor experienced growth.

Azerbaijan in top 5 countries with the easiest visa procedure

14.08.2017 09:03 GMT

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Until recently, Azerbaijan was a stalwart on our 'Hardest Visa To Get' list.

Azerbaijani president allocates AZN 23.3M for restoration of Gakh-Zagatala highway

12.08.2017 22:45 GMT

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Azerbaijani president Ilham Aliyev has signed an order on additional measures for restoration of Gakh-Zagatala part of R-16 Goraghan-Gakh-Zagatala highway.

Azerbaijan reduces excise tax on imports of kerosene to minimum

12.08.2017 12:03 GMT

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The excise tax of 1 AZN per ton will be levied for import of kerosene into Azerbaijan.

WB: Azerbaijan's economy may grow 1% in 2018

12.08.2017 09:50 GMT

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The World Bank (WB) forecasts 0.5-1 per cent growth of Azerbaijan's economy in 2018, head of the WB Baku office Naveed Hassan Naqvi said in an exclusive interview with Trend.

SOCAR commissions onshore wells at Azerbaijan's Saadan field

11.08.2017 21:12 GMT

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Azerbaijan’s state oil company SOCAR will additionally produce 2,900-3,650 tons of oil annually as it has commissioned two new wells at the country’s Saadan onshore field, SOCAR said in a message Aug. 11.

Azerbaijani president allocates AZN 24.6M for repair of Zagatala-Balaken-Mazimchay highway

11.08.2017 19:05 GMT

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Azerbaijani President Ilham Aliyev has signed an order on measures on repair of Zagatala-Balaken-Mazimchay part of M-5 Yevlakh-Zagatala-Georgian border motor road, according to APA.

Azerbaijan becomes best destination for traveling in September

11.08.2017 18:00 GMT

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Azerbaijan has become the best destination for traveling for foreigners in September.

USD rate for August 14 announced

11.08.2017 17:53 GMT

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The Central Bank of Azerbaijan has announced USD/AZN rate for August 14.

Astana to host Eurasian Week International Forum

10.08.2017 20:54 GMT

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Astana will host Eurasian Week International Forum. The Azerbaijani businessmen were invited to participate in the Forum, AzerTag reports.

Buta Airways planes to fly between Baku and Kazan from 1 September

10.08.2017 20:51 GMT

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Starting from 1 September 2017 Azerbaijan Airlines (AZAL) flight Baku-Kazan-Baku will be carried out by Buta Airways, the newly-established low-cost airline of AZAL.

Azerbaijani president approves State Program on development of tobacco growing

10.08.2017 19:19 GMT

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President of Azerbaijan Ilham Aliyev has issued an order on approval of State Program on development of tobacco growing in Azerbaijan in 2017-2021.

Azerbaijan negotiates new railway route through its territory

10.08.2017 14:13 GMT

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Azerbaijan is negotiating a new railway route through its territory.

"Sahil" metro station closed for major overhaul

10.08.2017 11:00 GMT

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"Sahil" station will be closed on August 20 and the trains will move to "Icheri Sheher" station without stopping at "Sahil" station.

Fruit and vegetable prices in Russia may drop 15% in coming months

10.08.2017 00:07 GMT

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Fruit and vegetable prices may potentially decline by 15% in coming months, the Russian Ministry of Economic Development said on Wednesday, TASS reported.

Azerbaijan takes measures against potentially dangerous actions of local cheese producers

09.08.2017 21:54 GMT

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Azerbaijan has taken measures against potentially dangerous actions of producers of local cheese, Fineko/abc.az reports.

SPE Annual Caspian Technical Conference and Exhibition to be held in Baku

09.08.2017 21:09 GMT

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SPE’s 4th annual Caspian Technical Conference and Exhibition will return to Baku, Azerbaijan 1-3 November 2017.

Third of TAP's Greece and Albania routes cleared

09.08.2017 20:04 GMT

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More than 500 kilometers out of 765 kilometers of the Trans Adriatic Pipeline’s (TAP) route has been cleared in Greece and Albania, which is 2/3 of the pipeline’s length in those two countries, TAP AG consortium said.

USD rate for tomorrow announced

09.08.2017 17:20 GMT

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The Central Bank of Azerbaijan has announced USD/AZN rate for August 10.

SOCAR commissions new well in Caspian Sea

09.08.2017 16:27 GMT

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Thirteen tons of oil is extracted per day within the range of 1,749-1,745 meters.

USD rate for tomorrow announced

08.08.2017 17:34 GMT

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The Central Bank of Azerbaijan has announced USD/AZN rate for August 9.

Azerbaijan declares 4 days off for Eid al-Adha

08.08.2017 11:17 GMT

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Under the decision of the Cabinet of Ministers, the Eid al-Adha will be celebrated on the 1st and 2nd of September in Azerbaijan, APA reported.

Turkmen President to discuss natural gas transportation in Baku

08.08.2017 09:27 GMT

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Today, Turkmen President Gurbanguly Berdimuhamedov starts the official two-day visit to Azerbaijan, APA-Economics reports.

Heydar Aliyev International Airport served over 2 million passengers for Jan-Aug 2017

07.08.2017 21:47 GMT

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Over Jan-Aug 2017 the Heydar Aliyev International Airport served about 2.2 million passengers, which is 30% more than for the previous years.

Oil eases as rising output weighs, but still near nine-week highs

07.08.2017 14:00 GMT

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Global benchmark Brent crude futures were down 18 cents, or 0.34 percent, at $52.24 a barrel at 0655 GMT.

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