Business & Economics
Inflation in Azerbaijan in March is 0.2%, Annual Inflation Reaches 0.4%
Monthly inflation in Azerbaijan in March 2024 was 0.2% versus 0.6% in February, the State Statistics Committee told Interfax. “Inflation in Azerbaijan in March totaled 0.2%. Meanwhile, prices for food products, drinks and tobacco increased 0.4% and services increased in
Read More
BGP Will Positive Impact to Development of Baku Tourism Destination
Appropriate conditions for development of different types of tourism will be created in Baku according to BGP. Tourism is rightly considered as one of the most important field of non-oil sector of national economy. Baku is speedy developing tourism destination.
Read More
Russia Says Rising Economic Bloc BRICS Surpasses G7 In Purchasing Power Parity
Russian presidential aide for foreign affairs Yury Ushakov says BRICS countries working on developing their own payment systems, improving logistics By Elena Teslova Russian presidential aide for foreign affairs Yury Ushakov said on Tuesday that the BRICS countries do not
Read More
Kiev Says Warsaw Insisting on Expanding Tariff Rate Quotas for UKRAINIAN Agrifood Imports
Polish Agriculture Minister Czeslaw Siekierski said during online negotiations with Ukrainian Agrarian Policy and Food Minister Nikolai Solsky on Wednesday that Poland wanted to impose a number of restrictions on imports of Ukrainian agricultural produce, Ukrainian media said with reference
Read More
Azerbaijani Govt Wants to Attract Private Investor for Construction of A 500 Mw Gas Turbine Power Plant
The Azerbaijani government has invited private investors to build a 500 MW gas turbine power plant (GTPP) near the Azerbaijani capital, the Ministry of Energy told Interfax. Four companies have shown interest in the project: Nobel Energy Group (part of
Read More
Senior Russian Official Says Europe Shows No Interest in Buying Gas from Russia
Deputy Prime Minister Alexander Novak says Russia ready to deliver gas to Europe via Ukraine, other routes, but sees no interest Europe shows no interest in buying gas from Russia after the expiration of the gas transit contract with Ukraine
Read More
Azerbaijan, Russia Sign Bilateral Cooperation Roadmap Up To 2027
Interfax.ru. Azerbaijani Deputy Prime Minister Shahin Mustafayev and Russian Deputy Prime Minister Alexei Overchuk signed a roadmap on the main areas for enhancing Azerbaijani-Russian cooperation up to 2027 on Monday, the Azerbaijani government’s press service said. “The deputy prime ministers
Read More
TAP Getting Ready for Materials’ Testing to Supply Hydrogen
The Trans Adriatic Pipeline (TAP) consortium will test its asset materials for hydrogen supplies this month, TAP AG told Trend. “We are in the process of assessing the degree to which TAP can technically accommodate transporting a blend of natural gas
Read More
SOCAR Targets Zero Carbon Dioxide Emissions From Oil And Gas Production
“Our main goal is to achieve zero carbon dioxide emissions from oil and gas production. From this point of view, SOCAR is undergoing an evolution and becoming an energy company.” President of the State Oil Company of the Republic of
Read More
Caspian-European Union Green Energy Corridor Project Takes Place in Baku.
On December 18, the energy structures of Azerbaijan, Georgia, Romania, and Hungary met at the Four Seasons Hotel in Baku within the framework of the Caspian-European Union Green Energy Corridor project, Azernews reports. President of Azerenergo Baba Rzayev, Deputy Energy Minister Elnur
Read More