Economy

A delegation of the Azercosmos, Space Agency of Azerbaijan has attended the “Space Technology Conference” held in Tashkent, Uzbekistan on May 10-11. The event, held for the first time in the Central Asian region, was attended by representatives of the region’s space agencies and the international space community. The event’s …

ADY Container LLC, a subsidiary of Azerbaijan Railways, and the Austrian Rail Cargo have signed a memorandum of understanding and cooperation. The memorandum was signed during a meeting between Azerbaijani Railways CJSC chairman Javid Grubanov and Austrian Federal Railways JSC chairman Andreas Matte. Within the framework of the document, the sides will …

Azerbaijan`s Minister of Energy Parviz Shahbazov has left for the United Arab Emirates (UAE) to participate in the World Utilities Congress to be held in Abu Dhabi on May 9-11 at the invitation of Minister of Energy and Infrastructure Suhail Mohamed Al Mazrouei. As part of the visit, the Minister’s …

Azerbaijan’s Energy Minister Parviz Shahbazov has attended the Ministerial round table on “Southeastern Energy Transition: Regional Cooperation for Energy Security, Diversification and Green Transition” held in Sofia, Bulgaria. Addressing the opening ceremony, Minister Parviz Shahbazov highlighted the energy dialogue with the Union following the meeting between President of Azerbaijan Ilham …

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 …