Business
18 February 2005 [09:11]
Reconstruction of Ganja airport will be completed by the end of this year.
18 February 2005 [09:10]
In 2004 the goods turnover between Azerbaijan and Italy comprised $1,722bn. In 2002 the figure comprised $1,200bn, in 2003 - $1,420bn, The State Customs Committee told Trend.
18 February 2005 [09:09]
A mission of the Chambers of Commerce of Aberdeen and Grampian will visit Azerbaijan on 20-25 February, the British Embassy in Azerbaijan told Trend.
17 February 2005 [09:16]
1012,8 billion manats ($202,6 mln.) were spent for alcohol and cigarettes in Azerbaijan in 2004. For alcohol - 556,6 billion manats and for cigarettes - 456,2 billion manats were spent.
17 February 2005 [09:14]
Azerbaijan has faced yet another significant rise in cooperative Rate Of Inflation (ROI): the January level of ROI has climbed 11% as compared to the corresponding figure of 2004.
17 February 2005 [09:13]
Azerbaijan's gross domestic products rose through January to 3.28 trillion AZM (roughly 669.1 million U.S. dollars according to USD/AZM exchange rate of 4,902.2), up 7% from the corresponding figure of 2004 (2.778 trillion AZM).
17 February 2005 [09:12]
The State Oil Company of Azerbaijan (SOCAR) and Russia's No 1. oil company LUKoil have arrived at an agreement to annul a production-sharing agreement (PSA) on rehabilitation, exploration and development of the Hovsan - Zygh onshore concession.
17 February 2005 [09:11]
Yesterday Rino Harnish- ambassador of USA in our country and Jeffrey Li-vice director of International Development Agency (USAID) met with Ismat Abbasov-Minister of Agriculture.
17 February 2005 [09:09]
Oil & gas production enterprises (OGPE) of the State oil company (SOCAR) put four production wells into operation in January, up 3 holes from the monthly target figure.
16 February 2005 [09:16]
The SOCAR plans to increase oil and gas production through drilling new wells.
15 February 2005 [09:16]
World Bank (WB) to allocate 11 million dollars credit to Azerbaijan.
15 February 2005 [09:12]
The State Oil Company of Azerbaijan (SOCAR) is involved exploration of new hydrocarbon reserves in onshore and offshore fields. The drilling units are currently implementing the exploration in the North Naphtalan and Shurabad.
15 February 2005 [09:10]
Signing of 5-6 bilateral documents is expected during first official visit of the president of Azerbaijan Ilham Aliyev to Saudi Arabia, as diplomatic sources informed Trend.
15 February 2005 [09:09]
B? Azerbaijan has presented to the Ministry of ecology and Aural Resources proposals on the improvement of ecological monitoring system
15 February 2005 [09:09]
Salyan Oil (SOL), involved in he development of Kursangi-Garabaghly field, sent a letter to the Ministry of Ecology and Natural Resources, to apologize for the damage to the environment, Huseyn Bagirov, the Minister for Ecology and natural Resources told Trend.
15 February 2005 [09:08]
Aluminum production will increase in Azerbaijan shortly, Ali Ozkurt, the chairman of the Board of Directors of Azeraluminum, told journalists.
15 February 2005 [09:07]
A model project targeting technical assistance to oil machine-building, carried by the Japanese government is nearing to end on 31 March 2005.
15 February 2005 [09:06]
Lankaran will be able to receive more than 10,000 tourists yearly after some years, Zeynal Nagdaliyev, the head of the Executive Authority of Lankaran told.
14 February 2005 [10:16]
The Azerbaijan International Operating Company (AIOC), operated by BP, today announced the start-up of oil production from the Central Azeri development, part of the Azeri-Chirag-Gunashli (ACG) field, in the Azerbaijan sector of the Caspian Sea.
12 February 2005 [13:08]
Procedures on audit of the financial-economic activities of the National Bank of Azerbaijan (NBA) will start on 14 February, Elman Rustamov, the chairman of the Managing Board of the NBA told Trend on Friday.
12 February 2005 [13:06]
The activities program of the American Company R.V.Investment Group Services LTD in 6 gold fields of Azerbaijan is in the examination of he Cabinet of Ministers (CM), the Azerbaijani Ecology and Natural Resources Minister told Trend.
12 February 2005 [13:03]
In 2004 the non-oil sector of Azerbaijani economy grew 20%, Farhad Aliyev, the Minister for Economic Development, told a meeting of Azerbaijani President Ilham Aliyev with entrepreneurs.
11 February 2005 [16:38]
Reforms in the tax sector target changing the tax policy along with fiscal objectives, which stimulate, enhance and regulate the sources.
11 February 2005 [11:35]
The Court of Appeals presented to Salyan Oil Limited (SOL), which involved in the development of the Kursangi-Garabaghly fields, an additional term for the treatment of polluted areas.
11 February 2005 [11:01]
In 2005 the European Bank for Reconstruction and development (EBRD) confirmed its readiness to approve $100m for the construction of a highway from Baku to the Russian border and $50mfor the improvement of a locomotive park of the Azerbaijani railway, Musa Panahov, the Azerbaijani Deputy Transport Minister.
11 February 2005 [10:00]
The cargo inspection in the state border with Georgia is about to complete, Musa Panahov, the Azerbaijani Deputy Transport Minister, told Trend.
11 February 2005 [09:36]
In 2005 the Azerbaijani government plans to continue holding investment conferences, Emil Majidov, the head of the Fund for Enhancing Investments and Consultations (FEIC), told Trend.
10 February 2005 [09:31]
The construction of water reservoir of 200 thousand cubic meters in the frames of budget opportunities for increasing water reservoir in the capital will be over this year.
10 February 2005 [09:26]
A group of the World Bank, the International Monetary Fund (IMF) and the Swiss State Secretariat on Economic Cooperation (SECO) are involved in the development of a scaly program on assistance to financial sector of Azerbaijan, Trend reports.
10 February 2005 [09:24]
New metallic coins will appear in circulation, Elman Rustamov, the chairman of the Managing Board of the National Bank of Azerbaijan (NBA), told journalists on Wednesday.
09 February 2005 [09:19]
USA considers allocating 5.750.000 dollars finance aid to Azerbaijan in the frame of aid program to foreign countries in the next financing year.5 million dollars of this allocation will be spent on military financing processes.
09 February 2005 [09:16]
The European Bank for Reconstruction and Development (EBRD) started the collection of notes on the draft updated strategy on operations in Azerbaijan, an official statement by the EBRD says.
09 February 2005 [09:14]
Vitaliy Kramarenko, the new head of the International Monetary Fund (IMF) mission, is expected to pay his first fact-finding visit to Azerbaijan on Tuesday.
09 February 2005 [09:13]
Amount of trade circulation between Azerbaijan and Turkey in 2004 was 408 million dollars.
09 February 2005 [09:08]
The Azerbaijani government undersigned a financial memorandum on TACIS regional program for 2004 fiscal year (FY).
09 February 2005 [09:07]
The Finance Ministry has publicized the macro-economic indices of Azerbaijan for 2004.
09 February 2005 [09:04]
Azerikard Processing Center will be ready to work with the denominated manat by 1 October 2005
08 February 2005 [09:09]
Azerbaijan will re-denominate its currency by 5,000 times beginning next January, President Ilham Aliev ordered Monday, potentially putting the manat on a one-to-one rate with the U.S. dollar.
08 February 2005 [09:08]
Azerbaijan has doubled its GDP since 1995 year, the survey on GDP growth in CIS countries conducted by the CIS Interstate Statistical Committee said.
08 February 2005 [09:06]
Azerbaijan earned AZM 746250,0 million from selling 6,6 million tons of oil under the "Contract of the Century" in 2004.
08 February 2005 [09:05]
In 2005 Azerigas Joint-Stock Company (JSC) plans to spend 70bn manats (over $14.2m) on the improvement of the gas supply infrastructure in Azerbaijan, Nazim Samadzada, and the Vice President of Azerigas JSC, told journalists on Monday.
08 February 2005 [09:04]
Exploration well drilling on the Yalama prospect (D-222), carried out by Russian Oil Company, and reached the depth at 2300 meters.
05 February 2005 [09:27]
The 2004 public budget revenues were over-fulfilled by 1.2% and the revenues amounted to 7607,200m manats.
04 February 2005 [09:36]
Debt of Azerbaijan to foreign state was 1 billion 588 million USA dollars for January this year.
04 February 2005 [09:33]
On February, 8, conference will be held dedicated to oil, gas and oil-chemistry fields of Azerbaijan, Iran and Kazakhstan in Great Britain.
04 February 2005 [09:10]
Azerbaijan International Operation Company (AIOC) handed 74.8 million m3 gas of 86.7 million m3 produced in "Chirag" field to State Oil Company (SOCAR) in January.
03 February 2005 [09:40]
Counting chamber failed to realize inspections in Caspian Sea Shipping Department.
03 February 2005 [09:36]
Yesterday an official opening of Tourism-Information Center (TIC) was held in Baku.
03 February 2005 [09:19]
Ten million barrels of oil will be needed to fill Baku-Tbilisi-Ceyhan pipeline, and this process will take five months.
03 February 2005 [09:17]
On February 8-9, meeting of railway-men of Russia, Azerbaijan and Iran will be held in Baku.
02 February 2005 [09:20]
Volume of the overseas investment placed in the economy of Azerbaijan in 2004 rose 32,6 percent in comparison with that in 2003 and 90 percent of this volume falls to the share of the oil sector.
30 January 2005 [13:31]
In Pirekishkul district, a plant will be constructed to process radioactive wastes.
28 January 2005 [00:38]
Price of oil keeps on rising in world markets.
01 January 1970 [04:00]
Poland significantly reduces issuance of visas
Russian House in Baku hosts concert dedicated to Great Patriotic War
France kicked to limbo
Azerbaijan's hosting of COP 29 confirmed for 2024
Events in Dagestan: Expert says opponents view Caucasus as Moscow's weak point
Azerbaijan strengthens economic ties through gas exports to Bulgaria [ANALYSIS]
Building of Khankendi City Prosecutor's Office is commissioned