Tag Archives: economy

Azerbaijan’s energy company Azerenergy is building a large overpass in the sea, Azernews reports per the company. In order to prevent the threat of stopping the operation of the Shimal (North) power plant, which can be triggered by a drop in the water level, work has begun on the construction …

“The existing Shah Deniz facilities’ production capacity is currently about 70 million standard cubic metres of gas per day or more than 25 bcma,” bp Azerbaijan told AZERTAC. “During the quarter, the Shah Deniz field continued to provide deliveries of gas to markets in Azerbaijan (to Azerkontrakt), Georgia (to GOGC), Turkey …

A conference on innovative “Digital Twin” technology was held at “Fairmont” hotel in Baku on June 29. The conference was organized by the “AZEL Systems” company. World’s leading provider of engineering software for design and operation of plants, ships and offshore facilities and for digital twin technologies “Hexagon” company (USA-Sweden …

The Fintex Summit 2022 – Finance and Technologies Expo will be held in Baku, Azerbaijan on June 16-17. The theme of the event is “New Trends in Banking and Finance Ecosystem: Innovative Solutions, FinTech And Security”. The two-day event supported by Azerbaijan Banks Association, Azerbaijan Fintech Association, Central Bank, Ministry …

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 …

Economy Minister Mikayil Jabbarov has said that Azerbaijan is preparing a program to increase export potential in the sphere of public and private partnership, Trend has reported. He made the remarks at the “Role of entrepreneurship in economic development” conference dedicated to Entrepreneur Day on April 25. The minister noted …

The regular elections of the chairman of the board, board members, chairmen and members of the committees and working groups of the Caspian Energy Club started on March 16. Grand CEO Lunch was arranged on the first day of the elections with the participation of representatives from over 20 government …

A press conference has been held regarding the TEKNOFEST Azerbaijan Aerospace and Technology Festival, which will be organized by the Ministry of Digital Development and Transport for the first time in Azerbaijan on May 26 – 29. At the press conference, Minister of Digital Development and Transport of the Republic …

The ceremony of awarding the winners of CanSat Azerbaijan 2020 model satellite competition, organized jointly by Azercosmos under the Ministry of Digital Development and Transport and the Ministry of Education, was held. 23 teams from eight universities of the country took part in the competition. The teams consisted mainly of …

As part of the groundbreaking ceremony of the Khizi-Absheron Wind Power Plant with a capacity of 240 MW, a Memorandum of Understanding on cooperation was signed between the Ministry of Energy of Azerbaijan and ACWA Power of the Kingdom of Saudi Arabia in the field of offshore wind energy. Deputy …