Recent Posts

Investments in Azerbaijan’s oil, gas sector drop

oil,gas

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

SOCAR

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

İran-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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