Business
19 September 2009 [10:36]
The construction of the Trans-Caspian pipeline designed to export gas from Central Asia to the European markets via the South Caucasus will require consent of all the Caspian countries, Europe's major gas supplier, Norway's StatoilHydro, said.
18 September 2009 [17:38]
Ashgabat will host an international conference on "Protection and sustainable use of bioresources of the Caspian Sea" on Oct. 8-10.
18 September 2009 [13:38]
“Despite difference in mentalities, high taxes and the risk of delivery through the two predictable neighbors, Lithuanian companies have a great interest in Azerbaijan because of a high purchasing power,” ‘Lithuanian Courier’ quoted Lithuania-based ‘Verslo zinios’ as reporting.
18 September 2009 [12:51]
Armenia has refused to participate in the conference of the heads of the emergency situations agencies of the Organization of Black Sea Economic Cooperation (BSEC) in Baku.
17 September 2009 [15:50]
Trend News Persian desk's interview with the Director of Dispatch Center of the National Iranian Gas Company (NIGC) Hassan Muntazar Turbat, who attended international conference Infrastructure World Caspian-2009 in Baku.
17 September 2009 [13:29]
Working groups on emergency situations of the Organization of the Black Sea Cooperation (BSEC) are holding joint meeting in Baku.
17 September 2009 [13:12]
Azerbaijan International Mining Company (AMIC) puts on sale gold produced from Azerbaijan’s Gadabay deposit on European stock exchanges, engineer at Gadabay gold processing plant Suleyman Karimov said.
17 September 2009 [10:41]
The Korean Daewoo and the Azerbaijani City Bus companies inked a contract to deliver 1,000 buses on Sept. 16, the Azerbaijani Transport Ministry reported.
17 September 2009 [09:18]
President of Azerbaijan Ilham Aliyev today has received British delegation led by Lord Hunt, Minister of State for the Department of Energy and Climate Change.
17 September 2009 [08:48]
The United Kingdom is ready to support development of the Southern Gas Corridor, UK Energy Minister Lord Hunt said to a news conference in Baku on Sept.16.
17 September 2009 [08:34]
SOCAR President Rovnag Abdullayev received UK energy minister Lord Hunt in Baku on Sept. 17.
16 September 2009 [15:09]
Asian countries are ahead in the global economic recovery but the rebound is still very weak, IMF Managing Director Dominique Strauss-Kahn was quoted as saying in an interview published on Wednesday, Reuters reported.
16 September 2009 [12:44]
"Nabucco gas pipeline project can well do without Iranian gas."
16 September 2009 [12:18]
Nominal cash incomes of Azerbaijan population totaled 14 billion manat in Jan.-Aug. 2009, a rise of 12.6 percent from the same period of 2008, the State Statistics Committee said.
16 September 2009 [08:43]
Baku hosted an exhibition on the 15th anniversary of the "Contract of the Century" on Sept. 15.
15 September 2009 [17:27]
The State Oil Company of Azerbaijan (SOCAR) has today hosted a meeting with the delegation headed by Bill Schrader, the former president of BP-Azerbaijan.
15 September 2009 [16:27]
Thailand takes interest in development of promising hydrocarbon resources in Azerbaijan, said Vagif Aliyev, SOCAR official for international investments.
15 September 2009 [13:42]
Azerbaijan may in the short term join a Kazakh project which envisages gas exports to China, President of State Oil Company of Azerbaijan (SOCAR) Rovnag Abdullayev said.
15 September 2009 [13:17]
Iran reached an agreement with Azerbaijan to buy 5 billion cubic meters of gas per year, Iranian ambassador to Azerbaijan Muhammadbaghir Bahrami said at a new conference.
15 September 2009 [12:29]
Investments in Azerbaijan’s economy earmarked as part of the contracts on development of oil and gas fields have hit $37 billion, Azerbaijan State Oil Company (SOCAR) President Rovnag Abdullayev said at a conference ‘Gas Infrastructure World Caspian 2009.'
15 September 2009 [12:16]
Iran says Nabucco gas pipeline project will fail without country's participation.
15 September 2009 [11:49]
"Caspian region will supply 5-percent gas demand of Europe."
15 September 2009 [11:33]
Azerbaijan's gas output is projected to reach 35-40 billion cubic meters in 2020 compared to 27 billion cubic meters this year, said Rovnag Abdullayev, President of the State Oil Company of Azerbaijan Republic (SOCAR).
15 September 2009 [11:04]
15 September 2009 [10:53]
Baku hosts the Gas Infrastructure World Caspian-2009 international conference on Sept. 15-16.
14 September 2009 [15:23]
Participants of Estate Market public union has released results of the monitoring into situation in the land market of Azerbaijani capital conducted in Aug. 2009.
14 September 2009 [12:58]
In 2009-2015, Azerbaijan will allocate 80 million manat to buy 40,000 heads of pedigree cattle, Agriculture Minister Ismat Abbasov said.
14 September 2009 [11:15]
"We think that the role of Kazakhstan in the Nabucco project is very important."
14 September 2009 [09:25]
Turkmenistan's president insisted Saturday that his Central Asian nation has enough natural gas reserves to supply a planned pipeline that could reduce Western reliance on Russian energy exports, AP reported.
14 September 2009 [09:16]
Azerbaijan State Oil Company (SOCAR), which possesses 23 gas distribution companies in Georgia through its subsidiary SOCAR Georgia Gas, has launched a gas pipeline in Dmanisi, Georgia after major overhaul.
14 September 2009 [08:48]
The global economic crisis will continue and countries must do more to adopt financial market regulations, International Monetary Fund Managing Director Dominique Strauss-Kahn told a German magazine on Saturday, Reuters reported.
12 September 2009 [11:01]
In Jan.-Jul. 2009, Minks Oblast of Belarus increased meat and dairy exports to Azerbaijan ninefold, Belta reported.
12 September 2009 [10:28]
Azerbaijan and Russia have coordinated the GSM-frequencies in border areas, said Gulam Abdullayev, Chief Adviser of the Telecommunication Department at the Ministry of Communications and Information Technology.
12 September 2009 [09:57]
Following rather high global demand for oil under excess of crude on the market, OPEC decided to maintain oil output quotas at a meeting in Vienna.
12 September 2009 [08:36]
UK Minister of State for the Department of Energy and Climate Change Lord Hunt will be visiting Azerbaijan on Sept. 15-17.
11 September 2009 [14:33]
John Mack, who struggled to return Morgan Stanley to profitability after surviving the worst financial crisis since the Great Depression, will turn over his chief executive officer title to Co-President James Gorman, Bloomberg reported.
11 September 2009 [13:54]
China International Oil & Gas Conference (CIOGC 2009) will be held at the Dongying Huanghe International Exhibition & Conference Center in China on Sept.18-19.
11 September 2009 [12:27]
Next week, the Baku Metro will receive five new carriages made at the Russian Metrovagonmash OJSC, a source at the Baku Metro said.
11 September 2009 [08:34]
10 September 2009 [17:13]
Azerbaijan President Ilham Aliyev has received First Executive Vice President of Ericsson company Hans Vestberg.
10 September 2009 [16:14]
A presentation of Doing Business 2010: Reforming through Difficult Times, the seventh in a series of annual reports published by IFC and the World Bank, was held in Baku on Sept. 10.
10 September 2009 [15:40]
Azerbaijani national has become one of the leaders of the World Bank, largest financial organization worldwide.
10 September 2009 [14:16]
Azerbaijani Railway Office's (ARO) revenues totaled 4.2 million manat in January-July, ARO chief said in an interview with state media.
10 September 2009 [11:51]
Azerbaijan moves up an impressive 18 places to rank 51st this year, with measurable improvements across many aspects of the Index, said in the Global Competitiveness Report 2009-2010 disclosed by World Economic Forum (WEF).
10 September 2009 [10:48]
OPEC on Thursday decided to leave its production quotas unchanged, opting to take a cautious approach in a market awash in crude and a global economy still in the nascent stages of recovery, AP reported.
10 September 2009 [09:58]
Azerbaijan, Turkey and Israel will produce armored vehicles jointly.
09 September 2009 [15:25]
Azerbaijan has ranked 38th in the ranking of favorable conditions for entrepreneurial activity according to the World Bank and International Finance Corporation (IFC) "Doing Business 2010 Reformers in Difficult Times" joint report, the IFC Baku office said.
09 September 2009 [11:43]
09 September 2009 [11:03]
There are no problems in terms of construction of the Baku-Tbilisi-Kars railway which will connect Azerbaijan, Georgia and Turkey, Chief Engineer at the Azerbaijani Railway Office Gurban Nazirov said.
08 September 2009 [17:56]
08 September 2009 [16:17]
Azerbaijan ranks 51st at a rating of competitiveness for 2009-2010.
08 September 2009 [15:32]
Earthquake that occurred in Georgia on Sept. 7 at night did not affect schedule of construction of Baku-Tbilisi-Kars railway which will connect Azerbaijan, Georgia and Turkey, Azerbaijani Railway Office Spokesperson Nadir Azmammadov said.
08 September 2009 [11:33]
Barack Obama's new plan to strengthen control over banking capital is a dangerous policy which may lead to furthering unemployment in the world, Gene Aldridge, professor and President of the U.S. World Marketing company, said.
08 September 2009 [09:25]
President Hugo Chavez on Monday urged energy-rich Turkmenistan to join a proposed gas cartel similar to the Organization of Petroleum Exporting Countries, in a move that might irritate the West, AP reported.
08 September 2009 [08:52]
Azerbaijan Export and Investment Promotion Fund (AZPROMO) will open will open representative office in Tbilisi on Sept. 8.
07 September 2009 [16:53]
Azerbaijan’s Industry and Energy Minister Natiq Aliyev spoke in an interview with Interfax Azerbaijan.
07 September 2009 [12:51]
The Sate Oil Company of the Azerbaijan (SOCAR)President Rovnag Abdullayev has confirmed that he will participate in the Eurasian Enerhy Forum KAZENERGY, Adviser to the KAZENERGY Meriuert Baffina, said at a news conference.
07 September 2009 [11:27]
Venezuela is to supply fuel-starved Iran with 20,000 barrels of petrol a day, President Hugo Chavez said on Sunday at the end of a two-day visit to the Islamic republic during which deals were also inked on medicine and commerce, AFP reported.
07 September 2009 [11:16]
Azerbaijan State Oil Company (SOCAR) exported 1.715 million tons of oil via Baku-Novorossiysk in Jan.-Aug. 2009, a rise of 1.9 times from the same period of 2008, the company said.
05 September 2009 [10:38]
In Aug. a ton of gasoline was sold at $691 on world markets, Azerbaijan State Oil Company (SOCAR) said.
05 September 2009 [10:25]
The World Trade Organisation has ruled that Europe's Airbus benefited from illegal subsidies, US and European officials said Friday, AFP reported.
05 September 2009 [10:14]
Russian economy will be on the rise again as early as in the third quarter of 2009, the country's finance minister said.
05 September 2009 [09:28]
Finance ministers from the world's richest countries and emerging economic powers are meeting in London for two days of preparatory talks ahead of the Group of 20 summit in the U.S. city of Pittsburgh on September 24-25, France 24 reported.
04 September 2009 [13:53]
Ministry of Taxes of Azerbaijan continues to study possibility to use advanced methods of tax audits based on international experience and to identify new functions of tax audit, the ministry said in a statement.
04 September 2009 [09:11]
Director of the Central Bank of Azerbaijan Elman Rustamov commented on the embezzlement of 7 billion manats during the re-denomination of national currency.
04 September 2009 [08:37]
The Central Bank of Azerbaijan has issued 750 million manat in loan to the State Oil Company of Azerbaijan (SOCAR), Central bank Director Elman Rustamov said.
03 September 2009 [16:07]
Today Azerbaijan’s banking sector faces no bankruptcies, maintains high profitability and investment appeal, Azerbaijani Central Bank Director Elman Rustamov said at a news conference.
03 September 2009 [14:28]
In January to July 2009, Armenia’s GDP dropped 18.5 percent compared to the same period of 2008.
03 September 2009 [10:27]
The results of the technical detailed engineering for the Nabucco gas pipeline will be known in 2009, said Christian Dolezal, representative of international projects and Nabucco at the OMV company, operating the project.
02 September 2009 [13:46]
The accident on the Stavropol-Tbilisi gas pipeline will not affect Georgia's gas supply.
02 September 2009 [13:29]
Recoverable oil reserves at Azerbaijan’s Azeri-Chirag-Ganeshli fields estimated at 923 million tons, the Azerbaijan State Oil Company (SOCAR) said.
02 September 2009 [13:11]
Oil prices on the world markets will stand at $60-$80 per barrel by late 2009.
02 September 2009 [10:26]
An informal summit of four heads of state in Aktau to take place on Sept.11 will not focus on status of the Caspian Sea and division of the seabed, official representative of the Kazakh Foreign Ministry Erzhan Ashikbayev said.
02 September 2009 [08:58]
11th meeting of Coordination Group on Digital Broadcasting of Regional Commonwealth in the field of Communications will be held in Astana, capital of Kazakhstan on Sept. 3 to 4.
02 September 2009 [08:35]
Baku will host the second international exhibition of second hand cars and equipment of the Caspian and Caucasus regions entitled 'RE-İNVEST CASPİAN', the Azerbaijani National Confederation of Entrepreneurs said.
Poland to host event to investigate possibilities of exporting Polish agricultural products to Azerbaijan
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Azerbaijan eliminates double taxation on income based on agreement with Turkiye
Türkiye hosts inaugural event on ocean action, climate crisis
AvtoVAZ may return to Uzbekistan market