Recent Posts

Investments in Azerbaijan’s oil, gas sector drop


The volume of investments in Azerbaijan’s oil and gas sector decreased by 6.2 percent in January-March 2021, the State Statistics Committee has reported. Investments in the non-oil and gas sector also declined by 32.2 percent in the reported period. Some AZN 2.3 billion ($1.3bn) was directed to fixed capital in the …

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SOCAR, Belneftekhim sing MoU on oil production


Azerbaijan’s State Oil Company (SOCAR) and Belarus’s State Concern for Oil and Chemistry have signed a memorandum of understanding. The memorandum envisages the expansion of possibilities in the oil and oil products production and sales sectors. The document was signed by SOCAR’s president Rovnag Abdullayev and Belneftekhim’s chairman Andrey Rybakov. …

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Iran to send trade attaché to Azerbaijan


Iran will soon send trade attachés to Azerbaijan, Russia, Oman, and China, Deputy Minister of Industry, Mine and Trade of Iran, Head of the Trade Promotion Organization of Iran (TPOI) Hamid Zadboum said, Trend reports citing the organization’s website. Zadboum noted that in addition, sending trade attachés to Turkey, Pakistan, …

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Azerbaijan, Turkey hail customs cooperation

Azerbaijan, Turkey

Azerbaijan and Turkey have praised the bilateral cooperation in the field of customs as chairman of the State Customs Committee Safar Mehdiyev met with the outgoing Turkish Ambassador Erkan Ozoral. Mehdiyev noted the strategic partnership between Azerbaijan and Turkey, saying the purposeful policy pursued by the heads of state of …

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Italian delegation visits Aghdam


A delegation led by President of the Committee on Foreign Affairs and Emigration of the Italian Senate Vito Petrocelli have visited Azerbaijan’s Aghdam district. The delegation familiarized themselves with Armenia`s war crimes as they saw the ruins of Aghdam’s Juma Mosque and Aghdam State Drama Theater. The visitors, joined by …

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