166 more state objects to be offered for privatization in Azerbaijan

W1siziisijiwmtcvmdgvmjevmtqvmjmvmdmvm2jlyjqyzwytymqyos00ndvkltgyntmtyzu5ngrkmjlizjdil2ltywdllmpwzyjdlfsiccisinrodw1iiiwimzuwedi3mcmixv0?sha=1766480f55434775 W1siziisijiwmtcvmdgvmjevmtivmjkvmjuvztlkztu4ntqtotqyyi00m2vjlwi5ymytndjim2m4yjrlyznkl2ltywdllmpwzyjdlfsiccisinrodw1iiiwimzuwedi3mcmixv0?sha=c765f6869c45c0cf W1siziisijiwmtcvmdgvmjevmtavmzkvntavntbjnzfknmutzmuyns00otzllwjjzmety2jinzy4mdlizmqyl2ltywdllmpwzyjdlfsiccisinrodw1iiiwimzuwedi3mcmixv0?sha=69f66a057f4b7a2d W1siziisijiwmtcvmdgvmjevmdkvntqvntevzddlyzvkodmtyzvjyy00otq3lthkotctzgezmweyyjmxotrhl2ltywdllmpwzyjdlfsiccisinrodw1iiiwimzuwedi3mcmixv0?sha=8c4f510e44a2d316 W1siziisijiwmtcvmdgvmjavmtmvmjqvntavmtfknwjmztutnmfkys00ymqzlwi1nzytywnimdy0yzlhndgzlznhzwjmntc3zmrindqyywu3ytq3m2fmymy0ywvhndq0lmpwzyjdlfsiccisinrodw1iiiwimzuwedi3mcmixv0?sha=a9aefb961ad45edb

More from Economy

President Ilham Aliyev attended opening of lemonade plant in Gadabay

20.08.2017 13:06 GMT

W1siziisijiwmtcvmdgvmjavmtmvmdcvmjgvmtazywvjnwytyzq2zc00zji4lwe5nzgtogi4ymu3yze3ogfilzk5nmqyywy0zja3mtdjowmzmziwnzbhmdk1mdqzogexlmpwzyjdlfsiccisinrodw1iiiwimjqwede4mcmixv0?sha=9cd539aafe138ef8
President of the Republic of Azerbaijan Ilham Aliyev has attended the opening of a lemonade plant of Gadabay Mineral Waters LLC.

President Ilham Aliyev launches Chichakli Hydroelectric Power Station after major overhaul

19.08.2017 17:01 GMT

W1siziisijiwmtcvmdgvmtkvmtcvmdqvmdyvodzknjfkzdatzme0os00otkxlthmzdmtotc0oty5mzy5zddil1njcmvlbnnob3qglsawm18woc5qcgcixsxbinailcj0ahvtyiisiji0mhgxodajil1d?sha=1b312190b767edb6
President of the Republic of Azerbaijan Ilham Aliyev has today attended the opening of the newly renovated 3 MW Chichakli Hydroelectric Power Station in Ashaghi Zurnabad settlement in the country’s Goygol district.

Oil jumps 3 percent as dollar falls, U.S. rig count drops

19.08.2017 12:49 GMT

W1siziisijiwmtcvmdgvmtkvmtivntevmdavotc5ztfmywutmddhmi00y2yxlwjmmtatmzaxzjdhmzi2m2e5l2ltywdllmpwzyjdlfsiccisinrodw1iiiwimjqwede4mcmixv0?sha=5205c85932982614
Oil prices rose sharply on Friday, as the dollar fell and U.S. drillers cut rigs, feeding a rally that boosted global benchmark Brent crude to a weekly gain while U.S. crude was virtually flat on the week.

Construction works in Masalli Industrial Zone to be completed in 1Q18

19.08.2017 12:38 GMT

W1siziisijiwmtcvmdgvmtkvmtivndavmdqvzdziowi4yjatztllms00mze0ltk0mditntfkztvmotc3mduxl2ltywdllmpwzyjdlfsiccisinrodw1iiiwimjqwede4mcmixv0?sha=b13a9043c7785af1
Construction works in the Masalli Industrial Zone (MIZ) are planned to be completed in 1Q18, the Azerbaijani Economy Ministry said in a message.

Pobeda Airlines not to fly to Baku anymore

18.08.2017 21:02 GMT

W1siziisijiwmtcvmdgvmtgvmjevmdmvmzuvodm3ytayngqtmmm4yi00ndzkltllytmtmtbjmjeyode4nmjhlzewmzu5oteymjquanbnil0swyjwiiwidgh1bwiilciyndb4mtgwiyjdxq?sha=f2f440de5d293f49
Russia’s low-cost airline Pobeda will not renew the Rostov-Baku-Rostov flights, abc.az reports.

Azerbaijani company seeking investors to produce oil, gas equipment

18.08.2017 20:49 GMT

W1siziisijiwmtcvmdgvmtgvmjavntcvmzmvmjvlotezmdgtywmxzi00mdlilwixntktzdexmtm0owe2nzgxl29pbf9lcxvpcg1lbnrfmjcwmte2lmpwzyjdlfsiccisinrodw1iiiwimjqwede4mcmixv0?sha=686ab6ee82e53228
ADO-G Group of Companies is attracting investors for construction of a plant for production of oil and gas equipment, as well as large metal structures for marine purposes in Azerbaijan’s Zira settlement, Azerbaijan Export and Investment Promotion Foundation (AZPROMO) reported.

Funds allocated for reconstruction of water infrastructure in Baku’s Khazar district

18.08.2017 19:26 GMT

W1siziisijiwmtcvmdgvmtgvmtkvmjcvndyvmtg5nzq3nzetmtaxny00mja5ltg2yzitm2jjy2e4yzhkmta1lzc2ogzjztm0mze4zmm2nje0zdg0odexyje4ndnlzdgylmpwzyjdlfsiccisinrodw1iiiwimjqwede4mcmixv0?sha=ff7e8130c68653ad
Azerbaijan’s President Ilham Aliyev has signed an order on additional measures to continue the implementation of the project on the reconstruction of water supply and sewage systems in Bina, Mardakan, Shaghan and Shuvalan settlements of Baku’s Khazar district.

SOCAR commissions new well in Caspian Sea

18.08.2017 19:24 GMT

W1siziisijiwmtcvmdgvmtgvmtkvmjuvntmvodc5ndg0zwmtntm0ns00ntq5lwfizwutotdlzdg1yjm4otfjl29pbf9yawdfc29jyxjfmtywmje2lmpwzyjdlfsiccisinrodw1iiiwimjqwede4mcmixv0?sha=a9b9c40f121cd85c
Azerbaijan’s state oil company SOCAR, through the commissioning of a new well at the Oil Rocks offshore field, will produce additional 4,380 tons of oil annually, SOCAR said in a message, Aug. 18.

Azerbaijan announces manat rate for August 21

18.08.2017 17:34 GMT

W1siziisijiwmtcvmdgvmtgvmtcvmzuvmjgvztdhymm2zdutotvkzi00njzmltk5nmmtnwywmwzhytc3mjrml2ltywdllmpwzyjdlfsiccisinrodw1iiiwimjqwede4mcmixv0?sha=c2d15f180507a9c8
Official exchange rate of Azerbaijan’s national currency, the manat, against the US dollar was set at 1.7008 AZN/USD for August 21.

Gabala to host international jam festival

18.08.2017 14:13 GMT

W1siziisijiwmtcvmdgvmtgvmtqvmtyvmtmvnmewzmfjogetytcxyy00njdmlwi0mtgtymyyywi3mgu2nde3l2ltywdllmpwzyjdlfsiccisinrodw1iiiwimjqwede4mcmixv0?sha=dca6f246a02b2165
Gabala is to host the next 5th International Jam Festival.

ENOC realizes another supply of crude oil to Iran despite US sanctions

18.08.2017 11:13 GMT

W1siziisijiwmtcvmdgvmtgvmtevmtqvmjkvn2y1mji5yjktywe1ms00mmm2lwi3yzqtmwfhndqymjlhzdlml2ltywdllmpwzyjdlfsiccisinrodw1iiiwimjqwede4mcmixv0?sha=2c62ad9beabdce7c
It remains questionable until when DragonOil and ENOC will manage to bypass generally accepted norms and standards.

Over AZN 5 mln allocated for road construction in Azerbaijan’s Aghsu

17.08.2017 19:16 GMT

W1siziisijiwmtcvmdgvmtcvmtkvmtcvmjcvntg4otg2ndetngnkny00otc1lweyodatmdvkndu0ogjjzdrjlzc2ogzjztm0mze4zmm2nje0zdg0odexyje4ndnlzdgylmpwzyjdlfsiccisinrodw1iiiwimjqwede4mcmixv0?sha=b5e6a63e44435999
Azerbaijani President Ilham Aliyev has signed an order on additional measures for the construction of the Chaparli-Kandoba-Jalayir highway in the country’s Agsu district.

BP: Shah Deniz Stage 2 completed by over 95%

17.08.2017 19:14 GMT

W1siziisijiwmtcvmdgvmtcvmtkvmtyvmdavywfimmrkntetmzm4ni00yzhhlwi4zjmtymuwodcxm2m0mtk5l3noywhkzw5pel8yxza0mdcxn18wmy5qcgcixsxbinailcj0ahvtyiisiji0mhgxodajil1d?sha=5beed67e95a291cd
Implementation of the Shah Deniz Stage 2 project continued successfully in 1H17, says a BP report on its activity in Azerbaijan, issued Aug. 17.

Azerbaijan introduces state regulation of naphthalan oil price

17.08.2017 15:29 GMT

W1siziisijiwmtcvmdgvmtcvmtuvmzevmtivytq1ote4m2ityjqzzs00yzlhltk5ntitnmezzgjlmdlhzjkzl2ltywdllmpwzyjdlfsiccisinrodw1iiiwimjqwede4mcmixv0?sha=feace81104349b40
Azerbaijan has introduced the state regulation of naphthalan oil price.

Stavropol to host Russia-Azerbaijan interregional forum

17.08.2017 15:23 GMT

W1siziisijiwmtcvmdgvmtcvmtuvmjuvmzkvnme3njnjytktodk3yi00njq4lwezytgtmju3ntc3ndk1mgm5l2ltywdllmpwzyjdlfsiccisinrodw1iiiwimjqwede4mcmixv0?sha=ad93f633a096238b
The forum will bring together officials and entrepreneurs from many regions of Russia and Azerbaijan.

Azerbaijani Central Bank holds another currency auction

17.08.2017 14:40 GMT

W1siziisijiwmtcvmdgvmtcvmtqvndevmjcvywfkyzrhztutyje0nc00mjjjlwfiy2etmjfhzte3zjviytdhl2ltywdllmpwzyjdlfsiccisinrodw1iiiwimjqwede4mcmixv0?sha=ef46d1fa265c18ef
Azerbaijani Central Bank has held another currency auction.

New satellite control center built in Azerbaijan

17.08.2017 11:33 GMT

W1siziisijiwmtcvmdgvmtcvmtevmzyvmtcvmzvkmjhmzmqtmwi3os00zmyxlwfim2qtmtbkngixmtk4mzbkl2ltywdllmpwzyjdlfsiccisinrodw1iiiwimjqwede4mcmixv0?sha=a985446cbee70abb
Construction of the control center for Azerbaijan’s Azersky low-orbit satellite has already been completed, a source close to the matter told Trend.

Gas transportation from Shah Deniz field to Georgia suspended

16.08.2017 19:20 GMT

W1siziisijiwmtcvmdgvmtyvmtkvmjevndavodgym2exnmmtymzlnc00mjixlwe0njmtyzfindu5njm2ndi5lzdiztnhzmmzzthjmda1mgvkmzyzndu2yjjhmddiytzhlmpwzyjdlfsiccisinrodw1iiiwimjqwede4mcmixv0?sha=749958cf00465bf8
The gas transportation from Azerbaijan’s Shah Deniz field to Georgia has been suspended, APA’s Georgian bureau reported.

Association of Persimmon Producers & Exporters created in Azerbaijan

16.08.2017 19:14 GMT

W1siziisijiwmtcvmdgvmtyvmtkvmtyvndyvmtc3mmzjmjatnthjys00ntk5lwjkmwmtnddhnmewzja2nddll2dvewnhev90zwriaxjfmtywode3xzaxlmpwzyjdlfsiccisinrodw1iiiwimjqwede4mcmixv0?sha=04f6458c4912b455
Association of Persimmon Producers and Exporters has been created in Azerbaijan, the country’s Economy Ministry said, Aug. 16.

SOCAR to drill 8 additional wells at offshore field

16.08.2017 11:14 GMT

W1siziisijiwmtcvmdgvmtyvmtevmjqvndevmwixodm4njetmgzizi00mzi3lwfhndetyjg5mdkyy2finjvkl2ltywdllmpwzyjdlfsiccisinrodw1iiiwimjqwede4mcmixv0?sha=35bdfcce88f23292
The purpose of reconstruction at the Gunashli field is to ensure qualitative operation of the new wells.

WB can help Azerbaijan develop new business lending mechanisms

15.08.2017 22:04 GMT

W1siziisijiwmtcvmdgvmtuvmjivmduvntqvymfmyjc0n2etmwjizi00ztezlthjztqtmti0nzdkmzhlmjixl3dvcmxkx2jhbmtfmtaxmtezlmpwzyjdlfsiccisinrodw1iiiwimjqwede4mcmixv0?sha=4cfd8848f87867dc
The World Bank (WB) is ready to assist the Azerbaijani government in developing new mechanisms of lending to the private sector, Naveed Hassan Naqvi, WB country manager for Azerbaijan, said in an exclusive interview with Trend.

Azerbaijan-Korea business meeting to be held in Baku

15.08.2017 21:22 GMT

W1siziisijiwmtcvmdgvmtuvmjevmjuvmtuvnze4nti1zjytngi3ns00zgyxlwiznzktyzeymgqyyja3nja3l2hhbmrzagfrzv8yodaxmtquanbnil0swyjwiiwidgh1bwiilciyndb4mtgwiyjdxq?sha=eb2ae37af6b14d01
Baku will host a business meeting between Azerbaijan and Korea on September 13, 2017, embassy of the Republic of Korea in Azerbaijan said in a message, Aug. 15.

Italy’s Ferrero may support cultivation of hazelnuts in Azerbaijan

15.08.2017 19:36 GMT

W1siziisijiwmtcvmdgvmtuvmtkvndqvnduvodg2mwvhm2mtmtu0ns00ytk1ltliymetodgyodfizdfjnji2l251dhnfmjiwnzezlmpwzyjdlfsiccisinrodw1iiiwimjqwede4mcmixv0?sha=21479889327e8fa8
Italian food giant Ferrero SpA has held talks with the government of Azerbaijan, which may lead to the company’s support of the hazelnut cultivation in the country, reads an article posted on global food industry news provider www.just-food.com.

Azerbaijan fulfills its obligations to cut oil production

15.08.2017 17:34 GMT

W1siziisijiwmtcvmdgvmtuvmtcvmzcvndcvzdgwotgzntqtmtnmmi00nwjllwi5zjgtztfiotzlnmjlzgvhl2ltywdllmpwzyjdlfsiccisinrodw1iiiwimjqwede4mcmixv0?sha=0638ecc865161e63
Azerbaijan completely fulfilled its obligations by reducing its oil production by 35,000 barrels per day, the country's Energy Ministry said.

'Shah Deniz' platform suspended for 14 days

15.08.2017 16:32 GMT

W1siziisijiwmtcvmdgvmtuvmtyvmzcvmjivmmi1nty0y2utm2u2yi00yjk3lwewmmutnjm4zdg3zdninwzjl2ltywdllmpwzyjdlfsiccisinrodw1iiiwimjqwede4mcmixv0?sha=88e949b5aad2dcc8
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

W1siziisijiwmtcvmdgvmtuvmdkvndkvntyvodgznjk3ytctzgm1nc00ytlklwfjzjktzmq3mzeyyze4n2i3l2ltywdllmpwzyjdlfsiccisinrodw1iiiwimjqwede4mcmixv0?sha=5a7dd76498112f23
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

W1siziisijiwmtcvmdgvmtqvmjevntqvmjuvyzljowrhztetmzhjny00nmzjlwi1ogitndvinmvmytk0odg1l2y4mzy2mzmzmdq1mzk0zdgznmezytg0ztfhztg1ntqzlmpwzyjdlfsiccisinrodw1iiiwimjqwede4mcmixv0?sha=8b867b6f7041bca3
“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

W1siziisijiwmtcvmdgvmtqvmjavmzmvndqvmjizodmymwetyji1mc00yje2lthindgtzmuymwnlymu5zdbkl3rlcgxpdhnhx2dyzwvuag91c2vfy29tcgxlef8yodexmtyuanbnil0swyjwiiwidgh1bwiilciyndb4mtgwiyjdxq?sha=780e71f02d5c1d45
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

W1siziisijiwmtcvmdgvmtqvmtcvndcvntqvymrinjlin2utntc5ni00mmi0ltgzotktmwe2y2iwyjazmdvjl2ltywdllmpwzyjdlfsiccisinrodw1iiiwimjqwede4mcmixv0?sha=9b7712acf9e12a5e
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

W1siziisijiwmtcvmdgvmtqvmtcvmdavndivzjq4ymq2zdytm2fmmc00ytqzltg5zmytmmiwotnky2exmtg5l2ltywdllmpwzyjdlfsiccisinrodw1iiiwimjqwede4mcmixv0?sha=f28212a27ff0ca09
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

W1siziisijiwmtcvmdgvmtqvmtyvmjgvndkvmjqznzg1owetmwqwys00ogmxlwe1yzktmjnkmtvlogu3yjlil2ltywdllmpwzyjdlfsiccisinrodw1iiiwimjqwede4mcmixv0?sha=d11b64b4bc200992
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

W1siziisijiwmtcvmdgvmtqvmtevntavmdmvmmu1ntcxzjytzja2yy00mzaxltg4mmmtmzgzntfjy2fmmwfjl2ltywdllmpwzyjdlfsiccisinrodw1iiiwimjqwede4mcmixv0?sha=2ea6a296738b6560
Cargo transportation in Azerbaijan segment of TRACECA corridor experienced growth.

Top Read Articles

In The Region

Editor Picks

Azerbaijan Cuisine

Explore the food of Azerbaijan - from sherbet to succulent kebab, from baklava to fragrant pilaff

Follow us

Find us on Facebook