Azerbaijan, Int’l Energy Charter to hold expert meeting in early 2018

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More from Economy

WB to help Azerbaijan, Georgia to create 21st century Silk Road

15.11.2017 20:51 GMT

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The World Bank team has presented the initial findings of its study on improving freight transit and corridor performance of the Caucasus Transit Corridor to main stakeholders in Azerbaijan, WB’s Baku office told Trend Nov. 15.

New appointments at Azerbaijani Energy Ministry

15.11.2017 19:26 GMT

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New appointments have been made at the Azerbaijani Energy Ministry.

Inauguration of BTK railway line in spotlight of Jordanian media

15.11.2017 16:21 GMT

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The opening ceremony of the Baku-Tbilisi-Kars railway line – a project with a great history and strategic importance - has been highlighted by Jordanian media.

Azerbaijan to open wine house in China

15.11.2017 00:08 GMT

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Azerbaijan will open a wine house in China within the promotion of the Made in Azerbaijan brand, the Azerbaijani Ministry of Economy said in a message Nov. 14.

Ilham Aliyev: Azerbaijan now stronger than ever

14.11.2017 20:25 GMT

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Azerbaijan is stronger than ever and has gained a great international reputation, said Azerbaijan’s President Ilham Aliyev addressing a ceremony marking the 25th anniversary of creation of the New Azerbaijan Party, APA reported.

Demand for Azerbaijani Finance Ministry’s bonds exceeds supply

14.11.2017 20:19 GMT

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An auction for placement of medium-term bonds worth 10 million manats of Azerbaijan’s Ministry of Finance was held at the Baku Stock Exchange (BSE), the BSE said Nov. 14.

SOCAR Petroleum: Current break in sale of AI-98 gasoline to last for a month

14.11.2017 11:35 GMT

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The current break in sale of AI-98 gasoline will last a month, spokesman for SOCAR Petroleum Uzeyir Habibbayli told APA-Economics.

Economy minister highlights high level of Azerbaijan- Brazil political ties

14.11.2017 00:34 GMT

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Political relations between Azerbaijan and Brazil are at a high level.

Azerbaijan eyes to greatly reduce VAT on imports of butter, dairy products

13.11.2017 21:28 GMT

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There is a plan to reduce the value-added tax (VAT) rate from 18 to 10 percent when importing butter and several types of dairy products to Azerbaijan, Mirgasim Vahabov, head of the Main Department for Finance, Tariffs and Currency Control at the State Customs Committee, told ATV channel.

First industrial clusters to be established in Azerbaijan

13.11.2017 20:29 GMT

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The first industrial clusters in Azerbaijan will appear in Sumgayit and Balakhani settlement, the director of the Research Institute of Economic Reforms, Vilayat Veliyev, told journalists Nov.13.

The Hill publishes article about Baku-Tbilisi-Kars project

13.11.2017 17:17 GMT

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"On Oct. 30 the world awakened to a new “Orient Express” railroad — and it wasn’t a movie. It is a real railroad."

SOCAR might buy oil refinery in Italy

13.11.2017 15:49 GMT

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National oil companies of Azerbaijan, Iran and Aljazeera show interest in acquirement of Lukoil’s ISAB oil refinery in Italy, Lukoil President Vahid Alekberov said, APA-Economics reports citing to RIA Novosti.

State budget for 2018 drawn up in three scenarios

13.11.2017 15:40 GMT

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Forecasts of 2018 state budget have been drawn up in different scenarios and analyzed.

Volume of Azerbaijani oil transported through Ceyhan port announced

13.11.2017 11:27 GMT

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In October 2017, 1,895,356 tonnes of Azerbaijani oil were transported through Ceyhan port.

Azerbaijani oil prices for Nov. 6-10

11.11.2017 14:24 GMT

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Average price of AZERI LT CIF, extracted at Azerbaijan’s Azeri-Chirag-Gunashli block of fields, was $65.97 per barrel on Nov. 6-10 or $3.45 per barrel more than the previous week.

Ambassador: Azerbaijan - strategic partner of UK in energy sector

10.11.2017 23:33 GMT

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Azerbaijan is a strategic partner of the UK in the energy sector, UK's Ambassador to Azerbaijan Carole Mary Crofts said.

Ilham Aliyev: No financial problems in Azerbaijan

10.11.2017 19:56 GMT

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There are no financial problems in Azerbaijan, President Ilham Aliyev said at the opening of a new building of the Ganja State Philharmonic on Nov. 10, APA reported.

Passenger traffic of Heydar Aliyev International Airport grows by more than 20 percent

10.11.2017 16:44 GMT

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In January-October 2017, Heydar Aliyev International Airport served 3.46 million passengers.

Euractiv: Azerbaijan, Georgia, Turkey launch ‘Silk Road’ rail link

10.11.2017 14:04 GMT

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News.Az reprints from Euractiv the article titled "Azerbaijan, Georgia, Turkey launch ‘Silk Road’ rail link".

Ilham Aliyev: Azerbaijan’s financial situation is very stable

08.11.2017 19:28 GMT

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The financial situation in Azerbaijan is very stable and very positive, President Ilham Aliyev at a solemn ceremony marking the production of two billion tons of oil in Azerbaijan at the Heydar Aliyev Center on Nov. 8.

Ilham Aliyev decrees to allocate funds to Azerbaijan Chess Federation

08.11.2017 19:13 GMT

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President Ilham Aliyev signed a decree Nov. 8 allocating 1 million manats to the Azerbaijan Chess Federation after the victory of the country's chess players at the European Team Chess Championship, Trend reports.

Manufacture of 6 new UAVs launched in ANAS High Tech Park

08.11.2017 17:14 GMT

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The manufacture of 6 new types of unmanned aerial vehicles (UAV) has been launched at the Azerbaijan National Academy of Sciences High Technologies Park (ANAS HTP), Vugar Babayev, director of ANAS HTP, told APA.

Six more foreign companies leave Azerbaijan

08.11.2017 10:10 GMT

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The branches of several foreign companies in Azerbaijan were liquidated.

Azerbaijan extends exemption of jet fuel import from customs duties

08.11.2017 09:09 GMT

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Azerbaijan’s Cabinet of Ministers has extended the exemption of TS-1 jet fuel import from customs duties until January 31, 2018.

Azerbaijani president awards employees of oil industry

07.11.2017 20:15 GMT

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Azerbaijani President Ilham Aliyev has signed an order on awarding employees of the oil industry.

USD rate for tomorrow announced

07.11.2017 17:26 GMT

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

Minister: Non-oil sector grew 2.5%

07.11.2017 12:44 GMT

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Azerbaijan takes significant steps to deepen the economic reforms, Ziyad Samadzade, Chairman of Economic Policy, Industry and Entrepreneurship Committee of the parliament said during discussion of the budget package for 2018.

Money base drops in Azerbaijan

07.11.2017 11:09 GMT

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Money base in Azerbaijan made AZN 8,531,500,000 as of November 1 of this year.

Azerbaijani oil barrel tops $66

07.11.2017 10:08 GMT

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A barrel of AzeriLight oil has grown $2.58 or by 4.06%.

Customs duty on imported butter reduced three-fold

07.11.2017 09:33 GMT

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Customs import duties on imported butter and other oils made from milk have been reduced threefold, APA reports.

EU gas demand to rise by almost 6%

07.11.2017 00:04 GMT

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Gas demand in the EU is expected to increase by 5.9 percent in 2017 year-on-year and reach 488.9 billion cubic meters, according to the new forecast by Eurogas.

L’Opinione newspaper calls Baku-Tbilisi-Kars railroad “a cooperation corridor”

06.11.2017 21:53 GMT

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A senior fellow at Italian Il Nodo di Gordio think tank has called the Baku-Tbilisi-Kars railroad “a cooperation corridor” in his article in L’Opinione newspaper, AzerTag reports.

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