Economy

Within the Astana International Forum, Energy Minister Parviz Shahbazov met with Serik Zhumangarin, Deputy Prime Minister of Kazakhstan – Minister of Trade and Integration, co-chair of the Joint Intergovernmental Commission, Azernews reports, citing the Azerbaijani Energy Ministry. It was noted that the visit of the President of the Republic of …

Azerbaijan’s Economy Minister Mikayil Jabbarov has met with Romanian Minister of Energy Virgil-Daniel Popescu. Minister Mikayil Jabbarov stressed the successful development of relations with Romania, the importance of mutual visits and meetings in expanding cooperation. He noted that Azerbaijani-Romanian economic and trade partnership is expanding, the trade turnover is increasing …

“Azerbaijan has increased gas exports to the European energy market up to 40%. Therefore, we express our gratitude to the Azerbaijani side.” According to Azernews,this word said by Cristina Lobillo Brerro, Director of the European Commission Energy Platform Working Group, during her speech at the 28th Baku Energy Forum. “Azerbaijan …

Minister of Energy Parviz Shahbazov met with UK Minister’s Trade Envoy for Azerbaijan Baroness Emma Nicholson, who is on a visit to our country within the Baku Energy Week, Azernews reports, citing Azerbaijan’s Energy Ministry. At the meeting, discussions were held on the development of cooperation between the two countries within the …

As part of his visit to the Kingdom of Saudi Arabia, Azerbaijan’s Minister of Energy Parviz Shahbazov has met with Chairman of the Board of Directors of ACWA Power Mohammad Abunayyan. The meeting discussed the current state of cooperation on the Khizi-Absheron Wind Power Plant with a capacity of 240 …

The Federal Air Transport Agency issued permits to the Irkutsk airline IrAero to operate flights to Azerbaijan and China, Azernews reports, citing foreign media outlets. The carrier was approved for flights to Baku: twice a week from Krasnodar and Rostov-on-Don, and four times a week from Sochi. It was also …

An Azerbaijan-Lithuania business forum with participation of President of the Republic of Azerbaijan Ilham Aliyev and President of the Republic of Lithuania Gitanas Nausėda has been held in Vilnius, Azernews reports. The heads of state made speeches at the business forum. Address by President Gitanas Nausėda – Your Excellency, President of the …

Azerkosmos and Agro Dairy, the largest agricultural company in Azerbaijan, have signed a cooperation agreement on the use of satellite images in monitoring agricultural fields, Azernews reports. The contract was signed within the framework of the Caspian Agro Azerbaijan International Agricultural Exhibition. Thanks to this cooperation, monitoring of the state of development …

Israel launched a comprehensive national plan to integrate hydrogen into the country’s energy landscape, the Israeli Ministry of Energy and Infrastructure said in a statement on Monday, Azernews reports citing Xinhua. The plan is part of the ministry’s target for a low-carbon energy economy until 2050, with hydrogen having a …

A total of 479 companies from 31 countries will participate in the 16th Azerbaijan International Agriculture (Caspian Agro) and 28th Azerbaijan International Food Industry exhibitions (InterFood Azerbaijan), which will be held on May 17-19 at the Baku Expo Center, Azernews reports, citing project manager of Caspian Event Organizers company Zarina Mammadova, telling …