Economy

A meeting has been held between representatives of the Azerbaijan Energy Regulatory Agency (AERA) and the European Bank for Reconstruction and Development (EBRD). Chairman of the Board of AERA Samir Akhundov and EBRD Regional Director for Energy for Turkiye and the Caucasus Region David Managadze, as well as other representatives …

Azerbaijani Deputy Minister of Energy Samir Valiyev has met with a delegation led by Catarina Bjorlin Hansen, EBRD Regional Director for the Caucasus. The sides discussed the current cooperation and future prospects for the development of electric energy, renewable energy and energy efficiency. The implementation status of the projects implemented …

On November 21, a memorial evening dedicated to the 100th anniversary of outstanding composer, People’s Artist of Azerbaijan Fikrat Amirov will be held at the “Bilkend” Concert Hall in Ankara, Turkiye. The program will feature “Mugham-poem”, “12 miniatures”, “Ballad” for violin and piano performed by Kheyraddin Goca (cello), Albena Sezer …

Turkish Ambassador Cahit Bagci, Chorum Municipality Chairman H. Ibrahim Ashgyn, HİTİT University Rector prof. Dr. Ali Osman Ozturk and members of the Majlis of Chorum municipality visited Azerbaijan, Azernews reports. During the visit, the parties discussed mutual activities and cooperation issues. In this regard, the expansion of cooperation between Azerbaijan …

The Azerbaijani and Uzbek Central Banks have discussed future directions of cooperation, Azernews reports. The discussion took place during the meeting between the delegation of Uzbekistan’s Central Bank, headed by Deputy Governor Behzod Hamrayev, with the delegation of Azerbaijan’s Central Bank, which is on a visit to Uzbekistan. “The delegation …

Azerbaijan’s Export and Investment Promotion Agency (AZPROMO) has participated in the Japanese business forum, which took place in Tbilisi, Georgia, Azernews reports. Having joined online, AZPROMO Adviser to the Executive Director Zohrab Gadirov provided information about the work the agency implemented to create a favorable business and investment environment in …

The total production of Azerbaijan’s Azeri-Chirag-Guneshli (ACG) block of fields has amounted to 114 million barrels during the three quarters of 2022, bp Azerbaijan told Azernews. From January to September, the total production from the block of fields amounted to 418,000 barrels per day. Of this, the Chirag field accounted …

Hungary is definitely interested in including Azerbaijani gas in its future energy mix, Ambassador Extraordinary and Plenipotentiary of Hungary to Azerbaijan Tamás Torma said in an exclusive interview with Trend on November 3. Our political leaders have reiterated this intention at various forums, for the last time in June this year, when …

President of the State Oil Company of Azerbaijan (SOCAR) Rovshan Najaf has met with Ambassador of the Czech Republic to the country Milan Sedláček. Ambassador Milan Sedláček expressed his gratitude for the support shown for screening of the documentary film in Azerbaijan`s Oil Rocks which will be a part of …

A delegation from Russia’s Nizhny Novgorod is planning a business mission to Azerbaijan on November 3-5, Azernews reports. The remarks were made during a videoconference meeting between Russia’s Trade Representative office in Azerbaijan and business representatives of Nizhny Novgorod, organized as part of a project, called “An hour with the …