Economy

If Azerbaijan maintains the current level of exports to Europe throughout 2022, exports will increase by around 3 billion cubic meters year on year. The remarks were made in the Global Gas Report 2022, published by the International Gas Union, Snam and Rystad Energy, Azernews reports. The report recalled that …

Azerbaijani Energy Minister Parviz Shahbazov has met with Czech Ambassador to Azerbaijan Milan Ekert as he ends his diplomatic mission in the country. The sides discussed energy cooperation between the two countries, including those arising from the agreement between the Ministry of Energy of Azerbaijan and the Ministry of Industry …

bp and its co-venturers’ new social investment project that promotes inclusive education has been completed. The project helps create an inclusive educational environment and achieve a behavioural change at high schools by increasing awareness while supporting social integration and adaptation of children with disabilities. Four schools have been selected by …

Azerbaijan and Kazakhstan have signed several deals on economic cooperation during the trade and economic business mission of Kazakh manufacturers to Baku, Azernews reports. A memorandum of cooperation was signed between QazTrade and Ganja Entrepreneurs PA. At the same time, contracts were signed for the supply of rolled metal products, …

A special session of “Path to Net Zero: Development of Green Energy Potential of Liberated Territories” has been held in Shusha on the sidelines of the Baku Energy Week. Making an opening speech at the session, Azerbaijan`s Minister of Energy Parviz Shahbazov said it was proud that this event was …

Iranian Oil Minister Javad Owji has said that Iran, Azerbaijan and Turkmenistan have reached agreements to double the amount of natural gas swap under the deal reached in November, Azernews reports. Owji said that Iran, Turkmenistan, and Azerbaijan had almost finalized agreements for doubling the volume of gas mentioned in …

Azerbaijan’s Economy Minister Mikayil Jabbarov and Romania’s Energy Minister Virgil Daniel Popescu have discussed the development of economic relations, Azernews reports, citing the Economy Ministry. During the meeting, the parties discussed the development of partnerships in such areas as energy, transport, trade, as well as SOCAR’s activities in Romania. The …

Azercosmos under Azerbaijan’s Ministry of Digital Development and Transport has signed a Protocol of Intent with GTD Ingenieria de Sistemas, Spain’s aerospace, defense and security company. The document lays the foundation for cooperation in mutually beneficial space projects. According to the Protocol of Intent, Azercosmos together with GTD Ingenieria de …

As part of the Baku Energy Week, Azerbaijan`s Energy Minister Parviz Shahbazov has met with Undersecretary of State at the Ministry of Ecological Transition of the Italian Republic Vannia Gava and Energy Minister of the Republic of Kazakhstan Bolat Akchulakov. At the meeting with Undersecretary of State Vania Gava, the …

Azerbaijan`s Minister of Energy Parviz Shahbazov has held a number of meetings on the sidelines of the Baku Energy Week. At the meeting with Virgil-Daniel Popescu, Minister of Energy of Romania, discussions were held on the supply of natural gas and oil from Azerbaijan, as well as on the Black …