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SOCAR eyes to increase investments in Turkey

The value of investments of Azerbaijan’s state oil company SOCAR in Turkey will reach $19.5 billion, director general of the STAR oil refinery of SOCAR, Mesut Ilter, told the Turkish media Jan. 5, Trend reports. Speaking about current projects, Ilter noted that the STAR refinery (one of SOCAR’s assets in …

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Azerbaijan increases production, export of electricity

By Leman Mammadova Azerbaijan’s electricity production amounted to 22.52 billion kilowatt-hours in 2018, thus showing an increase of 3.4 percent compared to 2017, Trend reports referring to Azerenergy JSC. The electricity exports to Russia, Georgia, Iran and Turkey increased by 175 million kilowatt-hours or 14.2 percent in 2018 compared to 2017. Over …

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Individuals in Azerbaijan to get back part of VAT

Individuals in Azerbaijan will be able to get back a part of the value added tax (VAT) during purchases in retail and catering networks after development of a corresponding mechanism, the Ministry of Taxes told Trend. Since Jan. 1, 2019, amendments to the Tax Code have entered into force in …

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Azerbaijan proposes new route for increasing tourist flow from Colombia

Azerbaijan has proposed Colombia-Istanbul-Baku-Tbilisi route for increasing the tourist flow from Colombia, charge d’affaires of the Azerbaijani embassy in Colombia Hamid Zeynalov told Trend. “I held meetings with major Colombian travel companies and gave information about winter and summer tourism in Azerbaijan. Mostly tourists come to Azerbaijan from three large …

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Azerbaijan`s opera stars to perform in Russia

opera

By Laman Ismayilova Giuseppe Verdi’s “Don Carlos” opera will be presented at the Russian State Academic Bolshoi Theater on January 23-26. People’s Artists of Azerbaijan Dinara Aliyeva and Yusif Eyvazov will perform in the opera, Trend Life reported. Don Carlos is a five-act grand opera composed by Giuseppe Verdi to …

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