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

4th SOCAR Forum kicks off in Baku


Dedicated to the 96th anniversary of national leader of Azerbaijan Heydar Aliyev, the 4th SOCAR International Caspian and Central Asia Downstream Forum: Trading, Logistics, Refining, Petrochemicals has got underway in Baku. Addressing the event, Minister of Energy of Azerbaijan Parviz Shahbazov, Minister of Ecology and Natural Resources Mukhtar Babayev, First …

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AZAL presents its new regular flight in Almaty


Azerbaijan Airlines (AZAL) has held a presentation of its new regular Baku-Almaty-Baku route for travel operators and agents of Kazakhstan in Almaty. In his opening remarks, head of the AZAL Marketing and Production Department Fuad Yusifov noted that the new destination of the national Airline was very successful, and with …

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Baku hosts Azerbaijan-Austria business meeting


An Azerbaijan-Austria business meeting has been held in Baku organized by the Azerbaijan Export and Investment Promotion Foundation (AZPROMO) in partnership with the Ministry of Economy, The event brought together more than 20 Austrian businessmen from the fields of energy, machine building, ICT, food, banking, pharmaceutical and other sectors. Addressing …

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Heydar Aliyev rig drills deepest well in Caspian Sea

Caspian Sea

6th generation semi-submersible drilling rig Heydar Aliyev under Caspian Drilling Company’s (CDC) management sat Caspian Sea record while drilling ABD-001 well on Absheron field where JOCAP (Joined Operating Company Absheron Petroleum a JV SOCAR Absheron 50% – TOTAL E&P Absheron 50%) is operator. On April 15 at 13:00 the well …

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