The price of the AZERI LT CIF oil, produced at the Azeri-Chirag-Gunashli block of oil and gas fields, amounted to $62.73 per barrel at the Italian port of Augusta on Dec. 10, or $1.81 less than on Dec. 7, a source in Azerbaijan’s oil and gas market told Trend Dec. …

By Leman Mammadova Poland hopes for new investment projects with Azerbaijan, Poland’s Ministry of Entrepreneurship and Technology told Trend. The ministry noted that the Poland-Azerbaijan Business Forum is planned to be held in the first half of 2019. “It will accompany the session of the Polish-Azerbaijani economic commission. We hope that …

The first “AgTech and Green Energy international forum” on agrarian technologies and green energy has kicked off in the capital of Azerbaijan, Baku. Co-Organized by the ministries of Agriculture and Energy of Azerbaijan, the Forum is being hosted at ADA University. Vice-president of the Heydar Aliyev Foundation, Goodwill Ambassador of …

By Narmina Mammadova Azerbaijan’s telecommunications satellite Azerspace-2 will reach its target orbit – 45 degrees east longitude – in January 2019, Azercosmos OJSC told Trend. According to the company, at present the satellite is in the transfer orbit and is approaching the test orbit every day. According to preliminary data, Azerspace-2 …

President of the Republic of Azerbaijan Ilham Aliyev has received President of the World Chess Federation (FIDE) Arkady Dvorkovich. The head of state congratulated Arkady Dvorkovich on his appointment to the high post of the president of the World Chess Federation, and wished him success in his activities. President Ilham …

Two young Azerbaijani artists, including Finara Nazarova, student of the Republic Gymnasium of Art and Fidan Kabirlinskaya, student of the Child and Youth Development Center No. 3, were awarded the first place certificate and special award of the International Art Competition, respectively, in Sofia, Bulgaria. The competition for Children`s Paintings …

Next round of talks on new agreement between Azerbaijan and the European Union is scheduled for January next year in Brussels. In January 2019, European Union and Azerbaijan will continue the dialogue on politics, security and trade, said the head of the EU Delegation to Azerbaijan, Ambassador Kestutis Yankauskas. The …

By Abdul Kerimkhanov The Azerbaijani and North Caucasian resorts of Russia can be connected by a single ski pass, Rustam Tapaev, deputy general director of the North Caucasus Resorts company, said during a business forum entitled ‘Invest in the Caucasus’ in Grozny. He said that the company is working on the formation of a …

Within the framework of 24th “BakuTel-2018” International Telecommunication and Information Technologies exhibition, Nar organized a meeting with media representatives to hold presentation of its latest products. At the presentation held with participation of journalists, Nar provided information and demonstrated its “Nar TV” application, being the first of its kind on …

There is a serious need for state regulation of the appraisers’ activities in Azerbaijan, Vugar Oruj, director of the assessment company Koneko Group and deputy chairman of the Society of Appraisers of Azerbaijan, told Trend. “Inexperienced appraisal companies damage the country’s banking system. I believe there is a serious need …