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Economy

Articles about Azerbaijani economy. Market in Azerbaijan, macroeconomics and microeconomics, trends.

EU Reporter: Southern Gas Corridor expansion vital for EU

Southern Gas Corridor

The expansion of the Southern Gas Corridor linking Azerbaijan with several EU member states is vital to a strategy that sees gas playing an important role in the transition to net zero carbon emissions, Trend reports with reference to an article of the EU Reporter. According to the author of the article, …

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Caspian Energy Club Board Members elections held

Caspian Energy Club

The regular elections of the chairman of the board, board members, chairmen and members of the committees and working groups of the Caspian Energy Club started on March 16. Grand CEO Lunch was arranged on the first day of the elections with the participation of representatives from over 20 government …

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Virtual conference on establishment of ECO Clean Energy Center held

ECO Clean Energy Center

A virtual conference has been held in order to establish necessary partnerships in connection with the launch of the ECO Clean Energy Center, which was established jointly with the UN Industrial Development Organization (UNIDO) and the Economic Cooperation Organization (ECO) Secretariat. The International Secretariat of the ECO Clean Energy Center …

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Azerbaijan to have access to 5G internet in coming years

5G internet

Tamerlan Taghiyev, executive director of the Center for Analysis and Coordination of the Fourth Industrial Revolution, has stated that Azerbaijan will be provided with 5G internet in the coming years, according to Trend. He noted that the primary goal is to use 5G technology and that the development of the …

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Azerbaijan joins int’l agricultural expo in Qatar

Azerbaijan-Qatar

Azerbaijan participates in the 9th International Agricultural and Environmental Exhibition 2022, which kicked off in Qatar’s Doha on March 10, the Economy Ministry has reported. Azerbaijani products are showcased under the brand name “Made in Azerbaijani” in the country’s pavilion, with the support of the Economy Ministry and Agency for Small and …

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Azerbaijan ranks first for petroleum gases exports to Georgia

Azerbaijan-Georgia

Azerbaijan ranked first among the top exporters of petroleum gases to Georgia in January 2022, local media has reported. During the reported month, Azerbaijan exported $51.4 million worth of petroleum gases and other gaseous hydrocarbons to Georgia, which is by 57.6 percent more compared to the same month in 2021. Exports also …

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Azerbaijan, Cuba discuss cooperation prospects

Azerbaijan, Cuba

Azerbaijan`s Foreign Minister Jeyhun Bayramov has met with newly appointed Ambassador of the Republic of Cuba to the country Carlos Valdés de la Concepción. Minister Jeyhun Bayramov congratulated the ambassador on his appointment and wished him success in his future endeavors. Emphasizing the importance of developing friendly relations between Azerbaijan …

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Azerbaijan, Romania discuss development of energy cooperation

Azerbaijan, Romania

Azerbaijan’s Minister of Energy Parviz Shahbazov has met with Romanian Energy Minister Virgil-Daniel Popescu and Special Envoy for Strategic and International Affairs Ana Birchall, as well as the delegation, which included the senior officials of Transgaz and Romgaz. At the meeting, discussions were held on the priority areas of energy …

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Azerbaijan, UK discuss green tariffs

Azerbaijan, UK

Specialists of the Azerbaijan Energy Regulatory Agency and the UK’s Office of Gas and Electricity Markets (Ofgem) have met to discuss “green tariffs”, with the support of the UK embassy in Azerbaijan. Azerbaijan Energy Regulatory Agency head of the tariff sector Shahin Maharramli provided an overview of the country’s energy market …

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