Business & Economics
SOCAR, BP And NewMed Energy Consortium Gets Licenses for Gas Exploration Offshore Israel
A consortium of the State Oil Company of the Azerbaijani Republic (SOCAR), BP Plc and Israel’s NewMed Energy received licenses for gas exploration in Israel’s exclusive economic zone in the Mediterranean on Monday, Azerbaijani Economy Minister Mikayil Jabbarov said. “During
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Türkiye To Begin Natural Gas Supply To Nakhchivan With New Pipeline
Azerbaijan and Turkey launched a gas pipeline between Igdir in eastern Turkey and Azerbaijan’s Nakhchivan Autonomous Republic on Wednesday. Azerbaijani President Ilham Aliyev and Turkish President Recep Tayyip Erdogan attended the gas pipeline inauguration ceremony via videoconference. “The project, which
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Azerbaijan Receives List of Projects Worth $2 bln. From Pakistan, Parties Evaluating Them – President Aliyev
Azerbaijan has received a list of projects worth $2 billion from Pakistan, and the respective parties are currently evaluating them, Azerbaijani President Ilham Aliyev said. “During my state visit to Pakistan [in 2024], I officially said that Azerbaijan was ready
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Ilham Aliyev Visited Khankendi Garment Factory
On February 19, President of the Republic of Azerbaijan, Ilham Aliyev, visited the Khankendi garment factory, a joint venture between Azerbaijan and Uzbekistan, to review its operations. The head of state was briefed on the facility. The factory, spanning 1.2
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Russian Ruble, Moscow Exchange Rally After Trump-Putin Phone Call
By Emre Gurkan Abay, Emir Yildirim, Anadolu Agency The Russian ruble and the Moscow Exchange (MOEX) rallied following phone conversations between US President Donald Trump and Russian counterpart Vladimir Putin on Wednesday. Analysts say the conversation between the presidents, as
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Aliyev Approves Azerbaijani-Russian Agreement to Boost Cargo Transit by North-South Corridor
Azerbaijani President Ilham Aliyev has approved an intergovernmental agreement with Russia on the development of cargo transit by the North-South international transport corridor. The respective order was published on the Azerbaijani presidential website. The agreement was signed in Moscow on
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Kazakh Transport Ministry Publishes Preliminary Report on AZAL Plane Crash Inquiry
ASTANA. Feb 4 (Interfax) – The Azerbaijan Airlines (AZAL) aircraft, which crashed in Kazakhstan in late 2024, had registered a “sound strike” against the cockpit during flight, the Kazakh Transport Ministry said in a preliminary report published on its website
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SOCAR Buying 10% of Tamar Project Offshore Israel from Union Energy
The State Oil Company of the Azerbaijani Republic (SOCAR) has signed an agreement with Union Energy to acquire a 10% equity state stake in Tamar, one of the biggest gas fields in the Mediterranean Sea, SOCAR said in a statement.
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Our Goal Is to Capture Approximately 30% Of the Market Share By 2026
Interview with the director of the company “Brake Systems Azerbaijan MMC”, Mehman Agayev for the “Azerbaijan Today” magazine Questions prepared by Nigar Salamzada A.T: First of all, Mr. Agayev, we would like to ask you to briefly introduce yourself to
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Azerbaijan Resumes Gas Supplies to Bulgaria – Bulgargaz
Azerbaijan has resumed gas supplies to Bulgaria after their temporary suspension in January due to technical reasons, the Bulgarian state-owned gas distributor Bulgargaz said in a statement on Monday. “Gas supplies to Bulgaria under a long-term contract with Azerbaijan resumed
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