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Turkey, Azerbaijan to produce freight cars for BTK rail

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Turkey and Azerbaijan will jointly produce freight cars for the Baku-Tbilisi-Kars railway (BTK), the Turkish transportation and infrastructure minister said on Wednesday, Anadolu Agency reported. “Turkey and Azerbaijan will set up a plant in Azerbaijan to produce freight cars for BTK railway,” Mehmet Cahit Turhan told reporters after his meeting …

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Real estate prices may decrease in Azerbaijan

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The prices for apartments are expected to decline by 5-10 percent in Azerbaijan in the first half of 2019, director of Azerbaijan’s Koneko Group appraisal company Vugar Oruj told Trend.”As a result of the implementation of social housing construction projects, we see an increase in supply in the market,” he …

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82nd FIG Congress kicks off in Baku

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The 82nd congress of the International Gymnastics Federation (FIG) has opened in Baku.Delivering opening remarks, Azerbaijani Minister of Youth and Sport Azad Rahimov stressed the importance of the congress. The minister said Azerbaijan has rich experience in hosting major international sporting events, including gymnastics tournaments. He said Azerbaijan has become …

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Azerbaijani oil prices for Nov. 26-30

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Average price of AZERI LT CIF, extracted at Azerbaijan’s Azeri-Chirag-Gunashli block of fields, was $62.34 per barrel on Nov. 26-30 or $2.74 less than the previous week.The highest price of AZERI LT was $63.13 per barrel, while the lowest price was $61.13 per barrel during the period.Azerbaijan sells AZERI LT …

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