Business & Economics

The Zangazur Corridor: New Opportunities for Integration and Cooperation in The Turkic World

By Dr. Vugar Bayramov, Member of the Parliament of Azerbaijan, Founder of CESD, Global Think Tank    Abstract  Following the signed statement, the establishment of the Zangazur corridor became even more important. Zangazur Corridor will connect the Republic of Azerbaijan and

Read More

A New Beginning for TAIB

The Union of Azerbaijani Businessmen in Turkey (Türkiye’deki Azerbaycanlı IşAdamları Birliği) was established in 2012 by a group of Azerbaijani businessmen with a main objective to promote and support the interests and objectives of Azerbaijani businesses operating in Turkey. Since

Read More

Manuela Traldi: The History of Bilateral Economic Relations Between Azerbaijan and Italy is Strongly Centred on the Energy Sector

An  interview with Mrs. Manuela Traldi, President, ITAZERCOM. By Daniel Pommier. AT:  Mrs. Traldi, thanks for answering to Azerbaijan Today. Nine years ago the adventure of the Italian Chamber of Commerce began. the Chamber of Commerce was officially recognized in

Read More

BP to Sell 25% Stake in Swap Exploration Project in Azerbaijan

BP has agreed to sell a 25% participating interest in the Shallow Water Absheron Peninsula (SWAP) exploration project in the Azerbaijan sector of the Caspian Sea to LUKOIL. Following completion of the sale, BP will remain operator of the SWAP

Read More

Equinor Boosting Gas Deliveries to Europe Amid Supply Crunch

Norwegian Equinor will increase gas supplies to Europe, as together with partners it has have received production permits for the gas year 2021 (starting 1 October) which for each is 1 bcm higher than for the current year, i.e. an

Read More

TAP Transports First 5 bcm of Natural Gas to Europe

The Trans Adriatic Pipeline (TAP) AG confirms that a total of 5 bcm of natural gas from Azerbaijan has now reached Europe via the interconnection point of Kipoi, at the Greek-Turkish border, where TAP connects to TANAP. Luca Schieppati, TAP Managing Director, said: “We are

Read More

USAID to Continue Promoting Competitive Business Environment in Azerbaijan

USAID will also continue to promote a more competitive and favorable business environment in Azerbaijan, the USAID office in Azerbaijan told Trend. In this regard, USAID will also continue to work with the Azerbaijan Small and Medium Business Development Agency. USAID

Read More

Exclusive Interview With Mr Azer Quliyev, Chief Executive Officer, Siemens AG Osterreich Office in Azerbaijan.

Siemens, which has a 173-year-long history, built the first power station in the village of Galakand in Gadabay in 1883, thus laying the foundation of the Azerbaijani energy system. We would like you to tell our readers about the activities

Read More

Azerbaijan Increases Natural Gas Exports

From January through July this year, gas exports to foreign countries from Azerbaijan as a whole exceeded 12.061 billion cubic meters, according to the report of the State Oil Company of Azerbaijan (SOCAR) on drilling, production, processing, and export indicators in the

Read More

BP Deploys New Digital Tool in The Caspian

BP recently launched a three-dimensional (3D) visualization tool on the East Azeri and West Chirag platforms, commencing the first phase of the digital modelling of all its assets in the region,  The new tool allows to perform some of the

Read More