Business & Economics

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

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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

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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

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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

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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

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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

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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

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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

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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

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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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