Oval Useful news from Azerbaijan and Caucasus

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 …

“We believe that Chevron`s decision is a completely business decision,” said BP Azerbaijan`s Vice President for Communications, External Affairs, Strategy and Region Bakhtiyar Aslanbayli as he commented on media reports saying that Chevron is seeking to sell its stakes in Azerbaijan’s largest oilfield Azeri-Chirag-Gunashli (ACG). “I suggest you talk to …

Kazakhstan’s position on expanding cooperation with Azerbaijan is unchangeable, said Kazakh Ambassador Beybit Isabayev, at the official reception on the occasion of the First President’s Day, held at the Embassy of Kazakhstan in Baku. Addressing the event Beybit Isabayev emphasized that during the years of independence, Kazakhstan has undergone extensive …

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 …

Azerbaijani President Ilham Aliyev and First Vice-President Mehriban Aliyeva are doing everything to develop sports, and this is a very big plus for Azerbaijan, Vice-President of the Gymnastics Federation of Ukraine Irina Deryugina told Trend on the sidelines of the 82nd FIG Congress held in Baku Dec. 2.”When president heads …

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 …

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 …