New appointment to the management of the Petkim

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More from Economy

Azerbaijan given area for EXPO pavilion in Astana

27.01.2017 20:45 GMT

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Azerbaijani and Kazakh sides signed a document confirming transfer of an area to Azerbaijan for its pavilion at EXPO 2017 in Astana, said Energy Ministry.

Russian air carrier may start flights to Azerbaijan

27.01.2017 20:07 GMT

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Russia’s Ural Airlines has received permission to carry out flights to Azerbaijan, the Russian interdepartmental commission on the admission of air carriers to perform international transportation said in a protocol posted Jan. 27 on the website of the country’s Federal Air Transport Agency.

IBA stops sponsoring Inter FC

27.01.2017 19:52 GMT

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International Bank of Azerbaijan has made a decision to stop sponsoring Inter professional sport club, APA reports.

USD rate makes up AZN 1.9165 at today’s auction

27.01.2017 16:18 GMT

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A bilateral currency auction involving SOFAZ was held at the Central Bank.

Azerbaijan, Iran discuss tourism cooperation

27.01.2017 10:13 GMT

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The number of Iranian tourists to Azerbaijan essentially increased in comparison with two previous years.

Several Indian delegations to visit Azerbaijan in 2017

26.01.2017 22:11 GMT

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The 25th anniversary of establishment of diplomatic relations between India and Azerbaijan will be marked by a year-long ‘India-Azerbaijan Dostluq Festival’ during 2017, the Embassy of India in Baku said in a message Jan. 26.

Azerbaijan, Iran discuss tourism cooperation

26.01.2017 21:45 GMT

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Head of the Department of Tourism of the Ministry of Culture and Tourism of Azerbaijan Aydin Ismiyev and head of Cultural Heritage, Handicrafts and Tourism Organisation of West Azerbaijan Province of the Islamic Republic of Iran Jalil Jabbari have explored ways of developing cooperation in the spheres of culture and tourism between the two countries.

Azerbaijan-India trade ups by over 60 percent in 2016

26.01.2017 20:25 GMT

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The trade and economic exchanges between India and Azerbaijan went from strength to strength in 2016, Indian Embassy in Baku said in a message Jan. 26.

USD rate for tomorrow announced

26.01.2017 17:24 GMT

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The Central Bank of Azerbaijan has announced USD/AZN rate for January 27.

Azerbaijan’s trade mission to visit Pakistan

26.01.2017 12:04 GMT

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Azerbaijan’s trade and economic mission will soon visit Pakistan in order to discuss prospects of cooperation and establishment of new contacts with the Pakistani side, said Azerbaijani Ambassador to Pakistan Ali Alizada.

BP may reduce output upon Azerbaijan’s demand - CEO

26.01.2017 11:51 GMT

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One of the world’s leading integrated oil and gas companies, BP, survived sanctions against Russia and now says that the OPEC and non-OPEC oil production cuts won’t harm the company either.

Oil prices rise on weakening dollar, but plentiful supplies cap gains

26.01.2017 09:35 GMT

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Oil prices rose on Thursday, driven up by a weakening dollar, but gains were capped by plentiful supplies and inventories despite an effort by OPEC and other producers to cut output and prop up the market.

The powers of Transport Ministry of Azerbaijan expanded

25.01.2017 22:41 GMT

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Azerbaijani President Ilham Aliyev on Wednesday signed a decree on amendments to the "Regulations on the Ministry of Transport of Azerbaijan."

Zenith Energy starts workover programme to boost Azerbaijan production

25.01.2017 21:13 GMT

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Zenith Energy Ltd on Tuesday said it has started a workover programme on its oil and gas assets in Azerbaijana, AzerTag reports.

Turkey’s energy minister due in Azerbaijan

25.01.2017 21:10 GMT

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Turkey’s Energy and Natural Resources Minister Berat Albayrak will pay a working visit to Azerbaijan, Turkish Ambassador to Azerbaijan Erkan Ozoral told Trend Jan. 25.

Prime Minister gives instructions on preparation of 2018 state budget

25.01.2017 20:06 GMT

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Under the presidential decree dated 31 Oct. 2003 on the application of the law on state budget system, Prime Minister Artur Rasizade has signed an order on the timely submission to the President of the 2018 draft state budget as well as the country’s economic and social development conception and prognosis indicators.

Territory of Sumgait Chemical Industrial Park to be enlarged

25.01.2017 19:28 GMT

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President of Azerbaijan Ilham Aliyev has issued an order to enlarge the territory of Sumgait Chemical Industrial Park, APA reports.

Iran, Azerbaijan’s Nakhchivan‎ to co-op in economy, tourism

25.01.2017 19:25 GMT

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Iran’s West Azerbaijan Province and Azerbaijan’s Nakhchivan Autonomous Republic will boost cooperation in various economic and cultural sectors.

USD rate for tomorrow announced

25.01.2017 17:19 GMT

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The Central Bank of Azerbaijan has announced USD/AZN rate for January 26.

ADB to review loan for North-South project by late summer

25.01.2017 16:53 GMT

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The Asian Development Bank has postponed the allocation of a $200 million loan for the North-South Transport Corridor and Azerbaijani Railways.

Azerbaijani customs body gains access to airlines’ databases

24.01.2017 21:43 GMT

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The State Customs Committee (SCC) of Azerbaijan has joined a system making it possible to get preliminary information about the passengers arriving in the country on planes, Vugar Aliyev, head of the Analytical Department of the SCC, said.

Yandex.Taxi coming to Azerbaijan

24.01.2017 19:41 GMT

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Russia’s Yandex will open a representative office in Azerbaijan in the near future, a source close to the matter told Trend.

Salary supplements of customs officers increased

24.01.2017 19:09 GMT

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Azerbaijani President Ilham Aliyev has issued a decree, APA reports.

AZN 4M allocated for restoration of village of Azerbaijan's Jabrail

24.01.2017 19:04 GMT

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Azerbaijan’s President Ilham Aliyev has signed an order on additional measures to restore the liberated Cocuq Mercanli village of Jabrail district.

USD rate for tomorrow announced

24.01.2017 17:26 GMT

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The Central Bank of Azerbaijan has announced USD/AZN rate for January 25.

122.5mln AZN needed for labor pensions indexation in Azerbaijan

24.01.2017 12:40 GMT

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Azerbaijan’s Minister of Labor and Social Protection of Population Salim Muslumov said Jan. 24 that 122.5 million manats are needed for the indexation of insured part of labor pensions in Azerbaijan in 2017.

SOCAR increases fuel supply to Ukraine

24.01.2017 11:58 GMT

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Azerbaijan’s state oil company SOCAR increased independent fuel supply to Ukraine by seven percent in 2016, as compared to 2015, according to the Ukrainian media.

Azerbaijan plays role of most reliable logistics centre in Caspian region

24.01.2017 00:06 GMT

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Azerbaijan plays role of the most profitable and reliable logistical centre in the Caspian Sea region, has said former Culture and Tourism Minister of Turkey, Chief Advisor to the President Erdogan Yalchin Topchu.

Second phase of Turkey’s Petlim port to be launched in summer

23.01.2017 20:11 GMT

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The second phase of Turkey’s Petlim container port is planned to be put into operation in June 2017, said Zaur Gahramanov, head of SOCAR Turkey Energy, in his interview with Turkish newspaper Dunya.

China Daily: Azerbaijan forms a key link in the Silk Road chain

23.01.2017 17:54 GMT

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China Daily newspaper has published an article headlined “Azerbaijan forms a key link in the Silk Road chain”.

USD rate form tomorrow announced

23.01.2017 17:38 GMT

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The Central Bank of Azerbaijan has announced USD/AZN rate for January 24.

Azerbaijan ready to discuss gas price with Turkey - SOCAR

23.01.2017 14:49 GMT

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For the present, 60 percent works in TANAP have been completed, SOCAR Turkey Energy CEO Zaur Gahramanov said.

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