The new Western sanctions imposed on Russia for launching a military special operation in Donbass have already affected the Russian economy, but their impact will inevitably spread to neighboring countries as well. Candidate of Economic Sciences, …
Mozyr Oil Refinery in Belarus has launched the processing of the first batch of Azerbaijani oil, spokesman for the Belarusian state petrochemical concern Belneftekhim Aleksandr Tishchenko said. "Oil delivered by …
Azerbaijan ranked fourth in the number of tourists visiting Russia for tourist purposes during the first nine months of this year, the TourStat agency reported. Over the reporting period, 684,000 Azerbaijani travelers visited Russia, …
More than one billion tons of oil have been extracted from Azerbaijani offshore fields, Vice President of Azerbaijan’s state oil company SOCAR for Field Development Yashar Latifov said during the Annual Caspian Technical …
A census has started in Azerbaijan today. It will be completed on October 10. There is one census taker for 300 people, one instructor for five census takers, and one census point functioning for every 14,000 people. …
BP will hold an open meeting on September 11 to discuss a document on the Environmental and Socio-Economic Impact Assessment (ESIA) of Shafag-Asiman Exploration Drilling Project, the company's press service reported. BP is expected …
Azerbaijani President Ilham Aliyev has held a meeting with Chief Executive Officer and Chairman of the Executive Board of Russian Railways OJSC Oleg Belozerov in Baku today. The head of state noted that the opportunities of Azerbaijan and Russia in the railway field will create good conditions for expanding cooperation in the future, the Azerbaijani President's press service reported.
Today marks the third anniversary of Azerbaijani army’s victory in April 2016 clashes. On the night of April 2, 2016, Azerbaijan's frontier positions were subjected to heavy fire from the Armenian side. Six civilians were …
The Central Bank of Azerbaijan has cut the discount rate from 9.75% to 9.25%, chairman of the CBA Elman Rustamov said at a press-conference in Baku. According to him, there are no prerequisites in Azerbaijan for the …
The Trans Adriatic Pipeline (TAP) project, which envisages transportation of Azerbaijani gas to Europe, is more than 84% complete, TAP Managing director Luca Schieppati said at the European Gas Conference in Vienna. …
2018 was the year of stability and execution of global economic projects for Azerbaijan, the deputy of the Milli Mejlis, Asim Mollazade, the deputy director of the Trend international agency Arzu Nagiyev and the economist Rovshan Ibrahimov told …
In the eight years between early 2001 and November 1, 2018, the State Oil Fund of Azerbaijan (SOFAZ) received $136.782 billion as part of the project to develop the Azeri-Chirag-Gunashli (ACG) block of oil and gas fields in the Azerbaijani …
Three more branches of Russian universities will be opened in Azerbaijan in the near future, Russian Ambassador to Azerbaijan Mikhail Bocharnikov said. "These will be branches of MGIMO University Moscow State …
Azerbaijani President Ilham Aliyev will arrive to Russia on an official visit on September 1, the Azerbaijani presidential administration said yesterday. Ilham Aliyev will hold talks with Russian …
Cooperation between Russia and Azerbaijan has a long history and already reached the level of strategic partnership, chairman of Azerbaijani Parliament Ogtay Asadov said at a meeting with Speaker of the State Duma of Russian …
US President Donald Trump said that the U.S.-North Korea summit has reduced the risk of "potential Nuclear catastrophe" and thanked North Korean leader Kim Jong Un for meeting with him. …
On Baku 6, Baku is marking the birthday of the great Russian poet Alexander Pushkin, who is considered the founder of the modern Russian literary language, as well as the Russian Language Day. Participants of the event laid flowers to …
The official opening ceremony of the Southern Gas Corridor project at Sangachal terminal is being held in Baku. The project implies the supply of Azerbaijan’s gas to Europe. Azerbaijani President Ilham Aliyev …
The creation of the Iran-Azerbaijan joint oil company will be beneficial for both parties and will allow to resolve the issue with the disputed Araz-Alov-Sharg oil field, however, the project implementation is a distant possibility so far, …
The fact that the consortium for construction of the Trans Adriatic Pipeline (TAP) won the tender of Greece's gas grid operator DESFA will strengthen the positions of TAP and the Southern Gas Corridor projects a route for the supply of …
