Business
07 June 2006 [08:12]
Peter Brinkman, German Development Bank (KFW) Project Manager visits Azerbaijan.
07 June 2006 [08:09]
Taxes revenue prognosis was implemented by 110,1% in Azerbaijan during January-May this year.
07 June 2006 [08:08]
Pursuant to the results of the trading sessions held in the currency section of the Baku Interbank Currency Exchange (BICEX) today, USD/AZN average weighted rate was AZN 0,8982/$1.
07 June 2006 [07:27]
Israeli Minister of National Infrastructures Binyamin Ben-Eliezer and Rovnag Abdullayev, the president of the Azerbaijani state oil company SOCAR, set oil purchase negotiations in motion on Tuesday during Ben-Eliezer's visit to the Caspian country.
07 June 2006 [07:14]
Except for operational companies and joint-ventures, State Oil Company of the Azerbaijan Republic (SOCAR) had 6639 operational wells June 1.
06 June 2006 [22:46]
Azerbaijan wishes to get some years for passage period related to reforms in bank and insurance system after being accepted to membership of World Trade organization.
06 June 2006 [22:22]
Railroad traffic between Azerbaijan and Georgia, interrupted on Monday as 15 of 34 tanks carrying fuel oil had come off the rail, was restored on Tuesday.
06 June 2006 [21:02]
The British Petroleum-led Baku-Tbilisi-Ceyhan Pipeline consortium said it will pay Turkey's Botas oil and gas company 333 mln usd for cost overruns in the Turkish section of the pipeline.
06 June 2006 [15:05]
"Those stealing oil from Baku-Tbilisi-Ceyhan Main Export Pipeline (BTC) will be imprisoned. After imprisonment some of them, the others will give it up being afraid of," Ambassador of Turkey to Azerbaijan Turan Morali stated.
06 June 2006 [14:03]
Press conference devoted to opening of the 13th international exhibition and conference "Caspian Oil and Gas Incorporating Refining and Petrochemicals" took place June 5 at the International Press Center.
06 June 2006 [13:38]
Azerbaijan will receive $140 billion from oil sales in the next few years if the price of oil averages $50 per barrel, the president of the oil-rich Caucasus republic said Tuesday.
06 June 2006 [13:34]
The second cargo from the BP-led Baku-Ceyhan oil pipeline will load around June 20 but the flow of oil will then be interrupted for 10 days for last-minute work on the terminal and the pipeline, a BP official said on Tuesday.
06 June 2006 [12:31]
Azerbaijan and Turkey can fund the Baku-Tbilisi-Akhalkalak-Kars railway line without foreign financial support, Turkish Ambassador to Azerbaijan Turan Morali stated.
06 June 2006 [12:15]
Caspian Oil & Gas International Exhibition, the 13th in a series of exhibitions and conferences devoted to hydrocarbon resource production in the Caspian Sea area, opened in Baku on Tuesday.
06 June 2006 [09:15]
Ukraine sold 25 T-72 tanks, 2 PDM-1 (armored carriers), 11 9A52 and 23 PM-38 artillery mounts to Azerbaijan in 2005.
06 June 2006 [08:38]
Pursuant to the results of the trading sessions held in the currency section of the Baku Interbank Currency Exchange (BICEX) today, USD/AZN average weighted rate was AZN 0,8982/$1.
06 June 2006 [08:34]
540,78 million cubic meters gas instead of 538,55 million cubic meters was submitted to CJSC Azerigas in May this year. It was 99,6% of forecasted level.
06 June 2006 [08:32]
Delegation of Kazakh Ministry of Energy and Mineral Resources headed by Lazzat Kiinov, Deputy Minister, will visit Azerbaijan in order to attend international exhibition conference Caspian Oil & Gas 2006, to be held in Baku June, 6-9.
06 June 2006 [08:28]
Delegation of Polish National Oil and Gas Company representatives with two Vice-Presidents, Zenon Kukhchak and Stanislav Netbalech, at the head will visit Azerbaijan in order to attend international exhibition conference Caspian Oil & Gas 2006, to be held in Baku June, 6-9.
06 June 2006 [08:14]
Ms. Joan McNotton, the Chief Director of International Energy Security Bureau at British Trade and Industry Department, will visit Azerbaijan in order to attend international exhibition conference Caspian Oil & Gas 2006, to be held in Baku June, 6-9.
06 June 2006 [08:09]
6 commercial banks in Azerbaijan have signed an interbank REPO agreement with "bank-bank" scheme in electron trade system at Baku Stock Exchange (BSE).
05 June 2006 [21:37]
BP, operator of the Baku-Tblisi-Ceyhan (BTC) pipeline, today announced that the first cargo of oil transported through the pipeline from Azerbaijan has been exported from the Ceyhan marine terminal on the Turkish Mediterranean coast.
05 June 2006 [20:27]
XIII International Caspian Oil and Gas 2006 exhibition will be held on June 6-9 in Baku.
05 June 2006 [18:16]
Azerbaijan produced 2.863 billion cubic meters of gas in January-May 2006, up 37.4% year-on-year.
05 June 2006 [18:04]
Iran inaugurated its first car production line in Azerbaijan so to manufacture Samand.
05 June 2006 [13:36]
The second delivery of Azerbaijani oil (in the framework of Azeri-Chirag-Guneshli exploitation) with several tankers from Port Ceyhan is expected to be realized during June.
05 June 2006 [08:33]
Next year substantial changes will not be made to Tax Code, Ministry of Tax informs.
05 June 2006 [08:14]
State Oil Company of Azerbaijan Republic (SOCAR) President Rovnag Abdullayev has received the staff of BP-Azerbaijan company headed by David Woodward.
04 June 2006 [17:47]
Press release by Anglo Asian Mining PLC.
04 June 2006 [17:43]
A contract for exports of 530 diesel-powered buses to Azerbaijan was signed in Baku Saturday, Iran-Khodro's public relations department reported.
03 June 2006 [13:57]
SOCAR Marketing and Economic Operation Office exported 334.058 ton oil productions to world countries in May 2006.
03 June 2006 [13:39]
Ministry of Communication and Information Technology and China's Huawei company conducted "Telecommunication Network Transformation" seminar at the Park Inn Azerbaijan hotel, June 2.
03 June 2006 [12:41]
Minister of Economic Development of Azerbaijan Heydar Babayev on 2 June met with the visiting delegation of the Iranian Ministry of Industry and Mines led by Minister, Dr. Alireza Tahmasebi.
03 June 2006 [12:39]
Azerdemiryolbank is expanding its microfinance operations with the support of the European Bank for Reconstruction and Development (EBRD).
03 June 2006 [12:15]
Work is complete on the Azeri section of Baku-Tblisi-Erzurum (BTE) natural gas pipeline, and the first test for transportation is now under way.
03 June 2006 [10:12]
20 workshops are brought an action against due to Ecology and Natural Resources Ministry application to State Prosecutor's Office. Huseyn Baghirov, Ecology and Natural Resources Minister, has told the media about.
03 June 2006 [10:09]
The Directorate of an international payment system Visa International has made decision about promoting the status of Open Joint Stock Company (OJSC) AtaBank from associative to full membership.
03 June 2006 [09:52]
It is expected that minimum level of pensions will be reached to AZN55 for 2008.
03 June 2006 [09:47]
Pursuant to the results of the trading sessions held in the currency section of the Baku Interbank Currency Exchange (BICEX) today, USD/AZN average weighted rate was AZN 0,8982/$1.
03 June 2006 [09:13]
A loan agreement in the framework of co-financing program between Joint-Stock Bank (JSB) Bank Respublika, Azerbaijan, and The European Bank for Reconstruction and Development (EBRD) may be signed in the next month.
03 June 2006 [09:10]
Improtex Marine & Facilities, Azerbaijan, has recently imported new products to Azerbaijan.
02 June 2006 [22:12]
Trade Union Committee (TUC) of the BOS Shelf Company in Azerbaijan today organized a protest action of workers at work today.
02 June 2006 [21:57]
The first shipment of Caspian Sea oil from a newly-built pipeline in Turkey was loaded onto a tanker destined for Western markets Friday.
02 June 2006 [12:18]
A two-day conference dedicated to economic policy in South Caucasian countries and the strategic role of the International Monetary Fund (IMF) starts in the National Bank of Georgia on Thursday.
02 June 2006 [09:18]
On Friday, crude oil from Azerbaijan is being loaded on to a British vessel on the Turkish Mediterranean coast, a test cargo that inaugurates BP's $4 billion (?2.1 billion) Baku-Tbilisi-Ceyhan (BTC) pipeline, a vital piece of energy infrastructure that will deliver 1 million barrels per day of high quality oil into the Mediterranean.
02 June 2006 [08:43]
Economic Cooperation Organization (ECO) Islamic member countries intend to create International Blue Card System.
02 June 2006 [08:27]
The Black Sea Trade and Development Bank (BSTDB) will run business days in Baku June 11-12. The organizer is Azerbaijan Export and Investment Promotion Foundation (AzPromo).
02 June 2006 [08:25]
JSCB Bank of Baku has today opened its new three branches. This action is realized in the framework of "Increasing the Quality of Services for Clients" Program.
02 June 2006 [08:23]
UN experts have drawn out the report for 2006 on Economic trends, as well as risks and opportunities, for the economies in the Economic Commission for Europe region.
02 June 2006 [08:18]
Joint Stock Azerigasbank had opened its branch in Ganja two days ago.
02 June 2006 [08:16]
State Social Protection Fund (SSPF) will start the process of distributing social insurance certificates for employed citizens from June, 5.
02 June 2006 [01:22]
The Baku-Tbilisi-Ceyhan (BTC) pipeline, a year behind schedule and some 30 percent over budget, is now a reality.
01 June 2006 [19:00]
The litigation over the international row that emerged between Malta's Finbank and the Ministry of Communications and Information Technologies is about to be settled in favor of Azerbaijan, Minister Ali Abbasov has said.
01 June 2006 [18:58]
The 13th Azerbaijan International "Oil & Gas, Refining and Petrochemicals-2005" Exhibition and Conference will start in Baku on June 6.
01 June 2006 [18:57]
BP Azerbaijan plans to double the funds it spends through local companies in the coming years to bring the amount to $500m, the company's vice-president Phil Home has said.
01 June 2006 [18:49]
South Caucasus Pipeline (SCP) testing on exploitation and filling a new gas export system up beginning in Sangachal terminal has been started.
01 June 2006 [18:35]
Asian Development Bank (ADB) has today signed two loan agreements of $52 million total value on the Project "Improvement of East-West Transport Corridor" with Azerbaijani Government.
01 June 2006 [18:33]
Georgia offered Azerbaijan to pay the debt of electricity this summer.
01 June 2006 [09:15]
The first oil to flow through the Baku-Tbilisi-Ceyhan (BTC) pipeline linking the Caspian and the Mediterranean seas will be loaded on to a tanker in the next few days.
01 June 2006 [08:43]
The World Labor Organization (WLO) will have its 95th session in Geneva June 6-10.
01 June 2006 [08:32]
D-Link Co., Chinese leading entity in information technologies sphere, intends to open the Azerbaijani office to strengthen its position in the market here.
01 June 2006 [08:28]
An automobile factory built by Iran Hodro, Iran in Shamakhi, Azerbaijan will be officially opened June 3.
01 June 2006 [08:19]
The Commission to examine Limited Liability Company Barmek-Azerbaijan Energy Network compliance with its contract was formed at Economic Development Ministry.
01 June 2006 [08:01]
Azerbaijani Government supports the maintenance of foreign capital limitation in local insurance market after 10 years of joining The World Trade Organization (WTO).
01 June 2006 [07:58]
Pursuant to the results of the trading sessions held in the currency section of the Baku Interbank Currency Exchange (BICEX) yesterday, USD/AZN average weighted rate was AZN 0,8985/$1.
01 June 2006 [07:47]
The World Bank experts will say their opinions to Azerbaijani side after a new draft of insurance law is expertized.
31 May 2006 [23:57]
Russia and Turkey signed Tuesday a protocol agreement to increase bilateral trade and expand energy cooperation.
31 May 2006 [22:03]
Azerbaijani President Ilham Aliyev began talks with France's Total and Technip to bolster energy ties.
31 May 2006 [10:31]
Turkey will undertake the principal mediator role in Gazprom's struggle for South European natural gas market.
31 May 2006 [10:17]
Azerbaijan plans to increase its natural gas exports to Western Europe, the country's president said Tuesday, in comments aimed at easing concern over the security of the region's energy supply and its over-reliance on Russia.
31 May 2006 [09:07]
About 70 companies in Azerbaijan have been put out of the Department for Big Taxpayers registration, Taxes Ministry this year.
31 May 2006 [08:44]
Pursuant to the results of the trading sessions held in the currency section of the Baku Interbank Currency Exchange (BICEX) today, USD/AZN average weighted rate was AZN 0,8992/$1.
31 May 2006 [08:34]
Business forums including Azerbaijani, Latvian, Romanian and Finnish businessmen will be held in Baku till the end of this year.
31 May 2006 [08:25]
31 May 2006 [08:01]
Baku Stock Exchange (BSE) will today host an auction on placement of Azerbaijan National Bank's short-term notes with state registration number 50102212S.
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