Turkish state oil and gas company BOTAŞ has announced a tender for construction of gas pipeline in Nakhchivan Autonomous Republic, Turkish media reported on June 9. According to the statement, bids for participation in the tender will be accepted until June 30, 2020. Gas pipeline will be 82 kilometers in …
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Germany seeks to further expand its relations with Azerbaijan
Germany seeks to further expand its relations with Azerbaijan, Federal Ministry for Economic Affairs and Energy (BMWi) told Trend. “Germany seeks to further expand its relations with Azerbaijan on the principles of trustful cooperation and the rule of law not limited to certain business areas. The German government supports the activities …
Read More »Azerbaijan to reportedly resume flights with Russia, Kazakhstan in July
The flights between Russia and Azerbaijan will be resumed on July 15. According to Russian Tour Operators Association, the country will restore international air communication with eight CIS countries, including Azerbaijan from this date. Airlines will be able to hold sales of tickets from mid-June. According to the report, from …
Read More »144 Azerbaijani citizens returned via charter flight from Ankara
The national air carrier of Azerbaijan has performed a charter flight from Ankara delivering 144 Azerbaijani citizens to Baku, press service of Azerbaijan Airlines CJSC told AZERTAC. According to AZAL, all passengers are quarantined on the mandatory basis. AZAL performs charter flights to return compatriots to their homeland in accordance with …
Read More »Azerbaijan, Switzerland agree on joint program to tackle economic results of COVID-19
The Swiss State Secretariat for Economic Affairs (SECO) has approved a $1.6 million-program to be implemented jointly with Azerbaijan’s Ministry of Economy and the World Bank in the area of taxation, the Swiss Embassy in Azerbaijan press service reports on May 31, the Swiss Embassy reported in its official Facebook …
Read More »Central Bank: Situation in Azerbaijan’s banking sector satisfactory
Chairman of the Board of the Central Bank of Azerbaijan (CBA) Elman Rustamov has described as satisfactory the country’s financial sector. Addressing the presser of CBA and the Deposit Insurance Fund on June 1, Rustamov said: “The loan portfolio of banks has grown by 2.8 percent since the beginning of this …
Read More »Turkey increases import of Azerbaijani gas by 20.5%
During January-March of this year, Turkey imported over 2,729.24 cubic meters of gas from Azerbaijan which is 20.54% more as compared with relevant period of 2019. Thereby, Azerbaijan has occupied the second place in Turkey’s total gas import, “APA-Economics” reports citing Turkey’s Energy Market Regulatory Authority (EPDK). During January-March of …
Read More »Russian expert: Alternative energy to open up great opportunities for Azerbaijan
Azerbaijan has taken 44th position in the Energy Transition Index (ETI) in the Davos Economic Forum’s report, showing the highest result among the CIS countries, Trend reports. The report takes into account the main criteria for creating safe, sustainable, affordable and inclusive energy systems for future generations and provides for the transition …
Read More »Third international online Azerbaijan-Turkey B2B forum held
The third international online Azerbaijan-Turkey B2B forum, organized by DEIK and the Caspian European Club, has explored issues and challenges facing the Azerbaijani and Turkish companies during the coronavirus COVID-19 pandemic period. Studied in the course of the forum were also companies’ suggestions and a possibility of strengthening economic and …
Read More »AZAL brings 178 Azerbaijani citizens from Istanbul
Another 178 Azerbaijani citizens have been delivered today to their homeland. Azerbaijan Airlines carried out another charter flight from Istanbul to Baku, press service of Azerbaijan Airlines CJSC told AZERTAC. According to AZAL, all passengers were placed in quarantine after the flight. Earlier this week AZAL performed charter flights from Berlin …
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