Economy

The Azeri-Chirag-Gunashli (ACG) filed has produced 498 million tons of oil so far, first vice-president of State Oil Company of Azerbaijan Khoshbakht Yusifzade said. The SOCAR official noted that the Azeri-Chirag-Gunashli and Shahdeniz fields account for the major part of oil and gas produced in the country. “70,000 tons of …

A document has been signed between Turkey and Azerbaijan in order to further develop international car transportation between the two countries, Head of the Public Relations department of Azerbaijan’s State Road Transport Service Nurida Allahyarova said, Trend reports on Dec. 10. In connection with the fulfillment of the requirements of the bilateral …

Caspian Energy Kazakhstan, an exclusive partner of the Caspian European Club and Caspian Energy, has organized CEO Lunch Almaty. This news was announced by First Deputy Chairman and Group CEO of the Caspian European Club and Caspian Energy Telman Aliyev. Delivering a welcoming speech at CEO Lunch Almaty, Consul of …

Heydar Aliyev International Airport has compiled a rating of the most punctual airlines in November 2019. Several airlines – Etihad Airways, Iraqi Airways, Lufthansa, Kuwait Airways and China Southern – achieved the highest rate of 100% punctuality when departing from Baku. Aeroflot, UIA (International Airlines of Ukraine), Iran Air, flyNAS, …

Member of the Grand National Assembly of Turkey, head of the Turkey-Azerbaijan inter-parliamentary friendship group Samil Ayrim has praised the significance of the TANAP as the gas pipeline`s Europe link was inaugurated in Edirne, Turkey. He said the launch of the pipeline once again brought the region to the forefront …

The conference on Digital Transformation and Innovation in Azerbaijan was held with organizational support of the American Chamber of Commerce (AmCham). The event was attended by representatives of the Ministry of Transport, Communications and High Technologies of the Republic of Azerbaijan, and more than 150 representatives from various business sectors …

Azerbaijani Foreign Minister Elmar Mammadyarov received the newly appointed Ambassador of the Republic of France to the Republic of Azerbaijan, Zacharie Gross, Foreign Ministry told APA. Congratulating the Ambassador on his appointment, Minister Elmar Mammadyarov expressed his hope that he would contribute to further development of relations between the two countries. …

The trade turnover between Azerbaijan and China in January-September of 2019 reached $ 1.7 billion, which is 96 percent more than in the same period in 2018, Deputy Prime Minister of Azerbaijan Shahin Mustafayev said in an interview with Chinese newspaper “Global Times” Mustafayev was visiting China for China International …

Dubai, the largest city in the United Arab Emirates has hosted the annual Dubai Air Show 2019 – one of the most prestigious and significant air shows in the world. More than 60 countries, represented by companies from different spheres of aviation attended the event. Azerbaijan Airlines’ delegation headed by …

Russia, Italy and Germany are among the main importers of hazelnuts from Azerbaijan, the government said to local media on November 19. In particular, over nine months, as many as 8,157 tons of hazelnuts were exported to Russia in the amount of $41.6 million, Italy – 4.438 tons worth $26.67 …