Oval Useful news from Azerbaijan and Caucasus

he restoration of independence allowed the Azerbaijan Republic to confidently develop along the path  of  building  a  democratic,  sovereign,  law-governed  and  secular  state.  Both  throughout  its  long history and at present,  Azerbaijan  has  been  striving to maintain good neighborly relations with all states and give a new impetus to intercultural …

BP, the largest foreign investor in Azerbaijan’s oil and gas sector, revealed its 2016 year-end results. BP Azerbaijan, which is the operator of the block of Azeri-Chirag-Gunashli offshore oil and gas fields, as well as Shah Deniz gas and condensate field, reported that ACG continued to safely and reliably deliver …

BP and Baku 2017 Islamic Solidarity Games today signed an agreement that will see BP become the Official Oil and Gas Partner for the Games, which will be held in Baku from 12-22 May. This partnership is part of BP’s commitment to supporting the development of Azerbaijan’s sporting potential and …

18 October is a significant date for the people of Azerbaijan. On this day in 1991, the Supreme Council of the Republic of Azerbaijan adopted the Constitutional Act on State Independence. This marked the restoration of Azerbaijan’s statehood after 71 years within the USSR. On 29 December 1991, a nationwide …

CESD concluded its macro-economic survey results for the first nine months in 2016. Both independent and official reports show that GDP continued declining in the reporting period. According to the State Statistic Committee of Azerbaijan, GDP decreased 3.9 % in the first nine months in 2016 since CESD calculations found …

Background of Hostilities The conflict dates back to February 1988, while both republics were part of the Soviet Union, when Armenians in Nagorno-Karabakh Autonomous oblast (NK) and in Armenia started mass rallies for the incorporation of this part of Azerbaijan into Armenia,[i] appealing to central authorities in Moscow to meet …