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Economy

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

Bulgaria to mull gas supplies with Azerbaijan

gas

Bulgaria will resume negotiations with Azerbaijan to increase gas supplies, Bulgarian Energy Minister Rosen Hristov said. According to Hristov, the ministry will continue to find those volumes of gas that would be sufficient for the entire winter period. “They [Azerbaijan] have gas, and the question is about the price. Efforts …

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Azerenergy power company building large sea overpass

Azerenergy

Azerbaijan’s energy company Azerenergy is building a large overpass in the sea, Azernews reports per the company. In order to prevent the threat of stopping the operation of the Shimal (North) power plant, which can be triggered by a drop in the water level, work has begun on the construction …

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Azerbaijan-Belarus trade exceeds $160 million in January-July 2022

Azerbaijan-Belarus

Trade between Azerbaijan and Belarus increased to exceed $160 million in January-July of 2022. Official figures suggest that Azerbaijan exported goods worth $78.9 million to Belarus, while Azerbaijan`s imports from Belarus made $81.3 million in the first seven months of 2022. The trade between Azerbaijan and Belarus in January-December 2021 …

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Kazakhstan to sell crude oil through Azerbaijani pipeline

Kazakhstan-Azerbaijan

Kazakhstan is expected to sell some of its crude oil through Azerbaijan’s biggest oil pipeline from September, Azernrews reports. According to a direct source, Kazakhstan’s state oil firm Kazmunaigaz (KMG) was in advanced discussions with the trading arm of Azerbaijan’s state firm SOCAR to allow 1.5 million tonnes per year …

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Azerbaijan exports green petroleum coke to China

Azerbaijan-China

Azerbaijan has exported green petroleum coke to China, Azernews reports, citing ADY Container. According to the information, the exports were carried out within the framework of cooperation between ADY Container container transportation company and Azeraluminium LLC company in the non-ferrous metallurgy sector. The cargo on the Ganja-Pingyuan route was delivered …

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