Economy

BP’s Executive Vice President – production and operations – Gordon Birrell has arrived on an official visit to Baku, BP Azerbaijan has said. “This is a planned working visit and one of Gordon’s regular trips to Azerbaijan,” the company said. It was noted that during the visit, Birrell will have meetings …

The average time of freight traffic between the border of Azerbaijan and Georgia’s Batumi Port will be reduced by 4 hours under Asian Development Bank’s (ADB) support program, Trend reports via ADB’s Annual Report. According to the report, ADB has allocated $50 million to Georgian Railway JSC in $500 million of green …

Georgia’s total trade turnover with Azerbaijan from January through March 2022 amounted to $355.3 million – a 9.2-percent share of the total foreign trade turnover, Trend reports via the National Statistics Office (Geostat). The current figure increased by 42 percent, compared to $250.2 million over the reporting period of 2021. According to …

Expansion of Southern Gas Corridor He noted that the Southern Gas Corridor is really important for Greece. “Greece is the gateway of the Southern Gas Corridor in Europe and a major goal of our international relations in the field of energy is to extend the benefits of diversified sources and …

bp today presented a fully equipped modern publishing house to the Azerbaijan State Oil and Industry University (ASOIU) – Azerbaijan’s oldest oil and gas school and the most prestigious energy university in the former Soviet Union. An event was held at the university today to mark the launch of the …

The ample opportunities for the development of cooperation between Azerbaijan and Georgia in the field of agriculture were hailed during the meeting between Azerbaijani Ambassador to Georgia Faig Guliyev and Georgian Minister of Environmental Protection and Agriculture Otar Shamugia. The meeting focused on improving the legal framework and signing new …

In the midst of the Russian-Ukrainian conflict, Europe is looking for alternatives to Russian gas. In light of such events, as well as the potential for Azerbaijani gas exports and the implementation of large-scale projects, it is possible to say that Azerbaijan may become a good alternative and a lifeline …

Azerbaijan’s Minister of Economy Mikayil Jabarov has met with Vice Prime Minister, Minister of Economy and Sustainable Development of Georgia Levan Davitashvili. “During the meeting with Deputy Prime Minister, Minister of Economy and Sustainable Development of Georgia Levan Davitashvili, we exchanged views on expansion of trade relations, promotion of investment …

Vice Prime Minister and Minister of Economy and Sustainable Development of Georgia Levan Davitashvili will pay a two-day visit to Azerbaijan, Trend reports via the Ministry. Georgian delegation will hold high-level meetings with Azerbaijani officials, including the Prime Minister of Azerbaijan Ali Asadov. Davitashvili also plans to meet with Minister of Economy …

Azerbaijan’s Agrarco LLC and the United Nations Food and Agriculture Organization (FAO) have signed an agreement on cooperation and coordination of activities. In accordance with the agreement, the parties will work on the production and processing of hazelnuts, the application of best practices in this sphere and the organization of events …