Business & Economics
Side Effects Of Sanctions Against Russia On The Economy Of Azerbaijan
By Gubad Ibadoghlu, senior policy analyst of the Economic Research Center The scope of sanctions against Russia is expanding, and we receive information about new sanctions every day. The country’s export potential is already subject to full or partial restrictions
Read More
Azerbaijan Plans To Build A Power Line Through The Zangezur Corridor To Nakhchivan
Azerbaijan plans to build a power transmission line through the Zangezur corridor to Nakhchivan and from there to Turkey and Iran. Head of the state Ilham Aliyev said this in an interview with Azertaj agency on Friday. “At present, we
Read More
TAP Provides €700,000 for Five Photovoltaic Parks in Western Macedonia, Greece
Kastoria, Greece. As part of its Social and Environmental Investment (SEI) programme, Trans Adriatic Pipeline (TAP AG) fully funded the construction of five photovoltaic parks (PV) in the Municipality of Kastoria, Western Macedonia, Greece, with a total installed capacity of 0.5MW
Read More
Oil Market Going Through Inadequate Supply Against High Demand as Global Economy Recovers From Pandemic
US crude oil prices surpassed $90 a barrel for the first time in more than seven years, according to official data on Thursday. American benchmark West Texas Intermediate (WTI) spiked to $90.27 around 2 p.m. EDT. International benchmark Brent crude
Read More
German Regulator Expects Decision on Nord Stream 2 Operator’s Certification After June
Berlin expects Nord Stream 2 to lodge all necessary documents Nord Stream 2 gas pipeline’s operator, Nord Stream 2 AG, is unlikely to be certified before late June, despite the fact that it has a subsidiary in Germany, President of
Read More
Bulgargaz: We Expect Greece-Bulgaria Gas Connection to Work Without Further Delay.
Bulgargaz expects the Greece-Bulgaria gas connection to be put into operation without further delay, on July 1 at the latest, so that our country can receive the full quantities of gas agreed with Azerbaijan. This is stated in the company’s
Read More
Azerbaijan-European Union Relations: Successes and New Perspectives
Dr. Vugar Bayramov, Member of the Parliament of Azerbaijan Brussels as the de facto capital, of the European Union have a long history of hosting a number of partnership summits. The Heads of State of the Republic of Azerbaijan, the
Read More
Turkmenistan To Start Swap Gas Supplies To Azerbaijan In 2022
The agreement between Azerbaijan, Iran and Turkmenistan on a natural gas swap deal for up to 2 billion cubic meters of Turkmen gas is expected to take effect early 2022, Iran’s oil minister Jadav Owji confirmed. “The size of the
Read More
Baku to Host 1st Azerbaijan-Turkey Energy Forum
Baku will host the 1st Azerbaijan-Turkey Energy Forum on 21-22 December under the co-chairmanship of Azerbaijani Energy Minister Parviz Shahbazov and Turkish Minister of Energy and Natural Resources Fatih Donmez. The event will feature meetings of working groups of experts
Read More
Russia, Azerbaijan Progressively Developing co-op in Agriculture – Russian ministry
Cooperation between Russia and Azerbaijan in the field of the agro-industrial complex is progressively developing in all major areas, the Ministry of Agriculture of Russia. According to the ministry, Azerbaijan is the most important strategic partner of Russia and is
Read More