Business & Economics

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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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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