Tag Archives: economy

Istanbul has hosted the 2nd Azerbaijan-Turkiye Energy Forum, co-chaired by Azerbaijani Minister of Energy Parviz Shahbazov and Turkish Minister of Energy and Natural Resources Fatih Donmez. The forum was preceded by a bilateral meeting between the energy ministers of both countries. The meeting reviewed the activities of working groups on …

From 1 to 8 June this year, the International Civil Aviation Organization (ICAO) conducted another large-scale audit of ICAO Coordinated Validation Mission (ICVM) for compliance with international safety standards of civil aviation in the Republic of Azerbaijan under the Universal Safety Oversight Audit Programme (USOAP). During the audit, compliance with …

The 73rd International Astronautical Congress (IAC), hosted by France, has today ended. The event, organized under the motto “Space for All”, was attended by more than 9,300 delegates from 110 countries. At the closing ceremony, Sameddin Asadov, chairman of the Board of Azercosmos, made a presentation on the 74th International …

Azerbaijan and Russia’s Krasnodar region have discussed the development of trade and economic partnership, Azernews reports. The discussion took place during a business meeting held between the entrepreneurs from Azerbaijan and Russia’s Krasnodar region. The meeting, organized by Azerbaijan’s Export and Investment Promotion Agency (AZPROMO), was attended by entrepreneurs from …

Azerbaijan and Uzbekistan have discussed possibilities of increasing trade turnover and joint exports of goods to other countries, Azernews reports. The discussion took place during the meeting between Azerbaijan’s Deputy Economy Minister Sahib Mammadov with Uzbekistan’s First Deputy Energy Minister Azim Akhmedkhadzhayev. During the meeting, the parties stressed that great …

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 …