Business & Economics
Ilham Aliyev Inaugurated Ashagi Malibeyli and Mirik Hydroelectric Plants in Lachin
President of the Republic of Azerbaijan Ilham Aliyev attended the inauguration ceremony of the Ashagi Malibeyli and Mirik hydroelectric power plants (HPPs), operated by AzerEnerji Open Joint-Stock Company (OJSC), in Lachin on May 27. Baba Rzayev, Chairman of AzerEnerji OJSC,
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Tirana Discussing Possible Cooperation in Oil Production, Refining with SOCAR – Albanian Energy Ministry
Albania is negotiating with the State Oil Company of the Azerbaijani Republic (SOCAR) on cooperation in oil production and refining, Albanian Deputy Infrastructure and Energy Minister Ceno Klosi said. “The gas infrastructure development of Korca is our first project [implemented
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China Begins Adjustment of Tariffs on Imports From US
Beijing removes tariffs on US products after both countries agreed on initial 90-day tariff relief following Geneva talks China on Wednesday began the procedure to adjust tariffs on imported US products following the two countries’ agreement on initial 90-day tariff
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Expanding The Geography of Inbound Tourism Towards the East
By Samir Dubendi, Executive Director, AzETA. Azerbaijan has abolished the visa regime for Chinese citizens in 2024. As a result, the number of travelers from this country to Azerbaijan increased about 2 times in comparison with the previous year and
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Azerbaijan And China Sign Six Docs on Construction of New Renewable Energy Capacity
Azerbaijan and China have reached agreement on the construction of new solar and wind power plants in Azerbaijan and a battery energy storage system, the Azertag state agency reports. “The Azerbaijani Energy Ministry and Chinese companies signed six documents between
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Turkmenhimiya Signs Agreements with Turkish-Japanese Consortium for 3 Projects
The Turkmen state concern Turkmenhimiya has signed three framework agreements with companies from Turkey and Japan for projects in gas and oil processing, the newspaper Neutral Turkmenistan reported. The documents were signed following Turkmen President Serdar Berdimuhamedov’s visit to Japan
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SOCAR, TechnipEnergies JV for Waste Pyrolysis Project Registered with Capital of 1.5 mln Euros
The State Tax Service (STS) of Azerbaijan has registered Ecostar Green LLC, a joint venture between the State Oil Company of the Azerbaijan Republic (SOCAR), Azerbaijan Investment Company (AIC) and Italian TechnipEnergies S.p.A., which has been established to implement a
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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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