Business
14 June 2006 [19:02]
Elman Rustamov, President of the National Bank of Azerbaijan met Roman Gotsiridze, President of the National Bank of Georgia, in Baku.
14 June 2006 [16:16]
President of the State Oil Company of Azerbaijan Republic (SOCAR) Rovnaq Abdullayev met June 13 with delegation of the energy and mineral resources division of ITOCHU Corporation of Japan led by Yoichi Kobayashi.
14 June 2006 [15:22]
President of the State Oil Company of Azerbaijan (SOCAR) Rovnaq Abdullayev met June 13 with David Lesar, Chairman, President, and Chief Executive Officer of Halliburton Energy Services.
14 June 2006 [10:05]
Proposals on privileged mortgaging for privileged categories of the population are still discussed by the Government of Azerbaijan.
14 June 2006 [10:00]
Baku Stock Exchange (BSE) hosted the placement of T-Bills of the Ministry of Finance with the state registration number 10201413S.
14 June 2006 [09:13]
Only 600 000 hectares area of 1 million hectares timber resources of Azerbaijan covered with forests.
14 June 2006 [09:06]
Pursuant to the results of the trading sessions held in the currency section of the Baku Interbank Currency Exchange (BICEX) today, USD/AZN average weighted rate was AZN 0,8960/$1.
14 June 2006 [09:01]
State Committee of Azerbaijan for Land and Cartography (SCLC) rejects the sayings that citizens are not compensated for their strip lands along Baku-Ceyhan Main Export Pipeline (BTC). Garib Mammadov, the Head of the Committee, has told reporters about.
14 June 2006 [08:05]
About 1800 illegal land areas sales were detected last year. 350 of them were fined and 97 were given to law enforcement bodies to deal with.
13 June 2006 [21:13]
On June 13, President of Azerbaijan Ilham Aliyev received at the Presidential Palace Chairman, President And Chief Executive Officer of the company Halliburton David Lesar.
13 June 2006 [17:07]
President Ilham Aliyev issued an executive order on conferring "Shohrat" order on chief managing-director of BTC Company Michael Townsend.
13 June 2006 [16:16]
The program of the official ceremony of inauguration of the Baku-Tbilisi-Ceyhan Main Export Pipeline has been made public.
13 June 2006 [15:49]
Caucasus Banking & Finance Conference has today been launched in Baku.
13 June 2006 [15:04]
The Micro Finance Bank of Azerbaijan (MFBA) today issued its first supplier finance loan to the local Azeri company Azmetco. This is the first step in an important new initiative, which will improve access to finance for Azerbaijan's local oil and gas industry supplier and service enterprises.
13 June 2006 [14:15]
Shahmar Movzumov, Executive Director of the State Oil Fund of the Republic of Azerbaijan, met June 12 with the members of Non-Governmental Organizations Coalition for Increasing Transparency in the Extractive Industries in Azerbaijan.
13 June 2006 [09:49]
Discussions on additional gas supply to Georgia from Baku-Tbilisi-Arzurum Pipeline to be held in Tbilisi at experts' level June 12-14 were cancelled.
13 June 2006 [09:44]
OJSC Azerenergy starts the construction of a new 220KV substation in Salyan. Being considered for energy provision improvement in Salyan and Bilasuvar, the station is the main object of the electro energy cooperation between Azerbaijan and Iran.
13 June 2006 [09:36]
Shirvan Oil Operation Company produced 7,314 million cubic meters natural gas, 34,2% more than the figure for the same period of a previous year, in Kurovdag during January-May this year.
13 June 2006 [09:35]
International Investment Forum on "Current Investment Opportunities in Developing Regions" is organized in Zurich, Switzerland, on 12-13 June.
13 June 2006 [09:32]
Dragosh Semiyano, vice-chairman of Romania's Commerce and Industry Chamber will visit Azerbaijan.
13 June 2006 [09:12]
Press-conference devoted to I Caucasus Banking and Finance Expo-Conference to be held June 13-14 in Baku.
13 June 2006 [08:56]
Azerbaijan will meet international standards on the ratio of voluntary and mandatory audit services in next few years.
13 June 2006 [08:44]
Darios Farsimadam, International Monetary Fund (IMF) Technical Assistance Project Councilor for State Debts Management in Central Asia and Azerbaijan, has today reached in Baku.
13 June 2006 [08:41]
Joint-Stock Commercial Bank "Bank of Azerbaijan" will increase nominal capital twice to reach AZN20 million by late year.
13 June 2006 [08:31]
4 big enterprises in Ganja are expected to be open for privatization, which are Ganja Carpet-Making Factory, Engineering Plant, Timber Works and Ganja Industry and Building Materials Factory.
13 June 2006 [08:26]
Assets of CJSC Bank Standard reached AZN142 855 (USD158 816) increasing by 9% in May this year. It is 44% more than the similar figure for end 2005.
13 June 2006 [08:23]
Gas delivery to Lenkeran might be cut off, Lenkeran Gas Exploitation Office chief engineer Idris Hajiyev stated.
12 June 2006 [21:27]
Today agreements on opening around $11 credit lines to four banks in Azerbaijan were signed by Black Sea Trade and Development Bank (BSTDB).
12 June 2006 [19:19]
On June 12 President Ilham Aliyev received the delegation led by President of the Black Sea Trade and Development Bank (BSTDB) Hairettin Kaplan.
12 June 2006 [19:13]
Kazakhstan Government works at the final stage of the draft Treaty on Kazakhstan's accession to Baku-Tbilisi-Ceyhan pipeline system.
12 June 2006 [13:56]
Black Sea Business Forum has today started following XIII Session of Black Sea Trade and Development Bank (BSTDB) Directorate June 10-11.
12 June 2006 [09:01]
Frunze Co. Ukraine is aimed at bringing new equipment – AK-80 able to lift 80 tons weight for repairs in well, to Azerbaijan.
12 June 2006 [08:57]
The America-Azerbaijan Trade Chamber (AATC) intends to start a campaign of showing domestic products in US market soon.
12 June 2006 [08:51]
Bateman Co. Israel is aimed at opening a branch in Azerbaijan.
12 June 2006 [08:47]
Azerbaijan National Bank (ANB) announced tender for provision of Azerbaijan Mortgage Fund (AMF) with office facilities and equipment.
11 June 2006 [19:02]
The Islamic Development Bank (IDB) will hold an investment conference in Baku in November, according to press service of the Ministry of Economic Development of Azerbaijan.
11 June 2006 [18:57]
The 8th annual meeting of the Board of Directors of the Black Sea Trade and Development Bank (BSTDB) took place in Baku on June 11.
11 June 2006 [18:54]
Minister of Communication and Information Technologies of Azerbaijan Ali Abbasov met his Russian counterpart Leonid Reyman to discuss the provisions of the intergovernmental agreement, which is aimed at enhancing the bilateral relations between the two countries in the field of information and communication technologies.
11 June 2006 [12:44]
Turkey's Energy Minister Hilmi Guler stated that his country has turned into an important mediator between the producers and users of energy.
11 June 2006 [12:24]
Fire broke out in Pepsi Cola factory located in Khirdalan on June 10.
11 June 2006 [12:06]
Accountants believe a proposed agreement between international tax authorities outlined in the chancellor's Finance Bill will allow Azerbaijani tax evaders to be tried in UK courts.
10 June 2006 [14:27]
Georgia's deputy energy minister said Friday the south Caucasus country planned to raise crude output to 90,400 bbl/d from current 1,000-2,000 bbl/d by 2020.
10 June 2006 [14:24]
The Baku-Tbilisi-Ceyhan (BTC) pipeline today achieved a historic milestone with the delivery of its first cargo of crude oil to world markets.
10 June 2006 [09:07]
38 (61,3%) out of 62 questions addressed to LLC Barmek Azerbaijan Energy Network in written form from June, 5 to June, 9, by the Inspection Commission formed at the initiative of Economic Development Ministry were responded by Barmek.
10 June 2006 [09:05]
Azersun Holding Group of Companies represents Azerbaijan at VII international Food Industry Exhibition in Tbilisi, Georgia.
10 June 2006 [09:01]
Pursuant to the results of the trading sessions held in the currency section of the Baku Interbank Currency Exchange (BICEX) today, USD/AZN average weighted rate was AZN 0,8960/$1.
10 June 2006 [08:57]
As a result of talks in Baku on expansion of energy cooperation between Azerbaijan and Lithuania, sides were agreed on the importation of $1 million oil products to Lithuania yet.
10 June 2006 [08:53]
Next round of talks between OJSC Azerenergy and KFW Bank of Germany was held in Baku. The German side was represented by Claudia Loy, KFW Energetics and Ecology Sector Director, and Peter Brinkman, Senior Manager in Energy Projects.
09 June 2006 [15:50]
Dubai's experience will be used to establish a free trade zone in Azerbaijan. Relevant documents have been submitted to the president, according to the Economic Development Minister Heydar Babayev.
09 June 2006 [12:42]
Lithuanian President Valdas Adamkus, continuing an official visit to Azerbaijan, has urged to develop business relations between the two countries more actively.
09 June 2006 [09:55]
"Though I dislike 5-6 officials in Azerbaijan, I do not think of departure. Some state officials misinform the President about Barmek. That is my biggest problem."
09 June 2006 [09:51]
Despite notices of LLC Barmek Azerbaijan Energy Network, most of state officials who owe money for electricity have not yet paid it.
09 June 2006 [09:50]
The group running Kazakhstan's huge Kashagan oil field plans a $4 billion transportation system to take its oil to the Baku-Ceyhan pipeline to the Mediterranean, an official from France's Total said on Thursday.
09 June 2006 [09:31]
Rovnag Abdullayev, the President of State Oil Company of the Azerbaijan Republic (SOCAR), has received the delegation with Gavin Graham, the Vice-President of the Shell Company, at the head, who came to Baku to take part at XIII International Caspian Oil & Gas Exhibition 2006.
09 June 2006 [09:28]
Pursuant to the results of the trading sessions held in the currency section of the Baku Interbank Currency Exchange (BICEX) yesterday, USD/AZN average weighted rate was AZN 0,8968/$1.
09 June 2006 [09:01]
Defense League of Citizens Labour Rights (DLCLR) held a monitoring on the base of complaints of residents whose property rights were violated in Hajigabul region Renjber village.
09 June 2006 [08:57]
Rovnag Abdullayev, the President of State Oil Company of the Azerbaijan Republic (SOCAR), has received Ukrainian delegation, which came to Baku to take part in XIII International Caspian Oil & Gas Exhibition 2006.
09 June 2006 [08:45]
Georgia will earn $2,5 billion from Baku-Tbilisi-Ceyhan Main Export Pipeline (BTC) in 40 years and 2,85 billion cubic meters gas from Baku-Tbilisi-Arzurum gas pipeline till 2011.
09 June 2006 [08:22]
Law on changes and regulations to Law on State Social Production Fund Budget for 2006, which was enacted by the President May 26, is in force since yesterday.
09 June 2006 [08:17]
The construction of Power Station containing 10 modules is expected to be launched in Nakhchivan Autonomous Republic (NAR) by late this year.
09 June 2006 [08:14]
European Union (EU) Project of Institutional Development of Transport Ministry of Azerbaijan is expected to start implementation by September 2006.
08 June 2006 [22:01]
President of Barmek-Azerbaijan Electricity Distribution LLC and Hussyin Arabul sued the State Committee for State Property Management (SCSPM) and Etibar Pirverdiyev, president of Azerenrgy Open Joint-Stock Company.
08 June 2006 [16:28]
Disagreement between LLC Barmek Azerbaijan Energy Network and the Government of Azerbaijan will not affect energy provision of population.
08 June 2006 [15:39]
"The official treaty on Kazakhstan’s joining the Baku-Tbilisi-Ceyhan main export oil pipeline will be signed in Almaty on 13 June," stated Kazakhstan's President Nursultan Nazarbayev at the 3rd investment summit in Astana.
08 June 2006 [14:46]
"I will not leave Azerbaijan until the imprisoned employees of Barmek Company are released. They will be released in a very short time."
08 June 2006 [13:51]
Within the framework of President of Lithuania Valdas Adamkus's upcoming visit to Azerbaijan, the Azerbaijan-Lithuania business forum will be held June 9 in Excelsior hotel, Azerbaijan Export and Investment Promotion Foundation (AZPROMO) announced.
08 June 2006 [13:11]
Kazakhstan is ready to sign an agreement on shipping crude across the Caspian Sea to a pipeline from Azerbaijan to a Turkey, the president of the energy-rich country said Thursday.
08 June 2006 [13:09]
The Black Sea Trade and Development Bank (BSTDB) will host Black Sea Business Day, on 12 June 2006, in Baku.
08 June 2006 [10:25]
Azerbaijan could make $3 billion in oil revenues in 2006 and may see the figure double in 2007, a major Western investor in the nation's oil industry said Wednesday.
08 June 2006 [10:18]
LUKoil has adopted a concept of the development of promising deposits in central and northern parts of the Caspian Sea, the company's chief Vagit Alekperov said.
08 June 2006 [10:12]
The preparation of final intergovernmental document on transportation of Kazakhstan oil through Baku-Ceyhan pipeline via the area of Azerbaijan is over.
08 June 2006 [10:11]
The series of meetings between Azerbaijani officials and their visiting Israeli counterparts continued Wednesday at a confab with the energy ministers.
08 June 2006 [10:09]
Caspian oil production increased twice and gas production did by 30%.
08 June 2006 [10:03]
Israeli Government expresses great hopes about perspectives of Baku-Tbilisi-Ceyhan pipeline, having been recently started.
08 June 2006 [10:03]
An international air show opens on Thursday outside Kiev.
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