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Articles about Azerbaijani economy. Market in Azerbaijan, macroeconomics and microeconomics, trends.

Azerbaijan Georgia’s 4th largest trade partner in 2020

Azerbaijan and Georgia

Azerbaijan was the fourth largest trading partner of neighbouring Georgia in the period between January and August this year with the trade turnover between the two countries amounting to $594 million in the reporting period. Azerbaijan’s share in Georgia’s total trade turnover was 8.5 percent. Thus, Azerbaijan is the fourth …

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Azerbaijan, Japan discuss cooperation prospects

Azerbaijan, Japan

Azerbaijan`s Minister of Ecology and Natural Resources Mukhtar Babayev and Chairman of Japan-Azerbaijan Economic Commission, Managing Executive Officer of ITOCHU Corporation, President of Energy and Chemicals Company Keita Ishii have discussed prospects for economic cooperation between the two countries during a video conference. Minister Babayev hailed cooperation with Japan in …

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Azerbaijan, Kazakhstan mull oil, gas cooperation

Azerbaijan and Kazakhstan

Azerbaijan and Kazakhstan have discussed the prospects of cooperation in all directions of oil and gas industry. The discussing took place during the meeting of SOCAR President Rovnag Abdullayev with the Chairman of the national company of Kazakhstan “KazMunayGas” Alik Aidarbayev. During the meeting, prospects of wide cooperation between the …

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SOCAR opens new petrol station


SOCAR Petroleum has put into operation a new petrol station in Salyan region, bringing the number of such stations to 35, the company’s press service reported on September 14. The petrol station is on the Baku-Astara road and will be more convenient to use for drivers travelling from the southern region …

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Caspian Energy Club organizes another Online B2G Forum

Caspian Energy Club

“Deputy Chairman of the Food Safety Agency of Azerbaijan Rashad Mafusov has taken part in the traditional Online B2G Forum organized by the Caspian Energy Club. Challenges and issues, facing top managers and representatives of local and foreign companies during the COVID-19 coronavirus pandemic, and also their suggestions were discussed …

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Azerbaijan exports 8,500 tons of bitumen to Ukraine [PHOTO]

ukraina and Azerbaijan

Azerbaijan has transported 8,500 tons of bitumen to Ukraine, ADY Express, subsidiary company of Azerbaijan Railways has reported. Bitumen produced by the State Oil Company of Azerbaijan at the Heydar Aliyev Oil Refinery was delivered to Ukraine in 130 tank wagons from Azerbaijan to Georgia and from there by ferry …

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Lithuania set to launch direct flights to Azerbaijan

Lithua and Azerbaijan

Lithuania might launch direct regular air traffic to Azerbaijan. The country’s Ministry of Transport and Communications of Lithuania has told Trend that opening direct flights to Azerbaijan is one of the priority issues for the ministry. “We are aware of the interest of the Azerbaijani side to continue the process …

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