Business & Economics

President Ilham Aliyev and First Lady Mehriban Aliyeva Visited Fuzuli District

President of the Republic of Azerbaijan Ilham Aliyev and First Lady Mehriban Aliyeva have visited Fuzuli district. The head of state laid the foundation stones for Fuzuli-Aghdam highway and a new “smart village” in Dovlatyarli village, Fuzuli district, destroyed during

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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

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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

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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

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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

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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

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Increased by 25%: State Oil Fund Spoke About its Income

Revenues to the State Oil Fund of Azerbaijan (SOFAZ) from the sale of profitable oil from the Azeri-Chirag-Guneshli block and condensate from the Shah Deniz field in January-August 2021 amounted to $3 billion 618.178 million, which is 25.2% higher than

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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

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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

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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

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