The price of Azeri LT CIF Augusta, produced at the Azeri-Chirag-Deepwater Gunashli (ACG) field, increased by 5 cents on July 28 compared to the previous price, settling at $74.43 per barrel, Trend reports referring to the source from the country’s oil and gas market. The price of Azeri LT FOB Ceyhan amounted to $73.79 per barrel on […]

Azerbaijan has provided necessary equipment to work with livestock on the territories liberated from Armenian occupation, the Ministry of Agriculture told Trend. “During June 2021, seminars on the topic ‘Artificial insemination, care and feeding of cattle’ were held at the National Research Institute of Animal Breeding of the Ministry of Agriculture for experts in the field […]

Trade-economic contacts between Baku and Minsk have been constantly maintained despite COVID-19 pandemic, Chairman (Speaker) of the House of Representatives (lower house) of the Belarusian Parliament Vladimir Andreichenko said, Trend reports citing Belarus Today. Andreichenko made the remark at a meeting with Azerbaijani Ambassador Extraordinary and Plenipotentiary to Belarus Latif Gandilov on the occasion of the completion […]

The number of companies participating in the Azerbaijan Insurers Association (AIA) has increased, Trend reports with reference to the AIA. Mega Hayat OJSC, which recently entered the domestic insurance market and specializes in life insurance, has become the new member, the AIA said. Its membership was confirmed at a meeting of the AIA supervisory board, the association […]

The Central Bank of Azerbaijan (CBA) held a new foreign exchange auction with the participation of the State Oil Fund of Azerbaijan (SOFAZ) on July 29, 2021, Trend reports referring to a source in the CBA. According to the source, the demand from Azerbaijani banks at the auction decreased by 26.8 percent compared to the previous indicator […]

Trade and Tourism Representative Offices of Azerbaijan established in Israel are important platforms for promoting business dialogue, expanding partnership and business contacts, Trend reports referring to Azerbaijani Economy Minister Mikayil Jabbarov’s message on Twitter. “Effective use of these mechanisms will create new opportunities for strengthening mutual cooperation,” the minister tweeted. In an interview with Israel Hayom newspaper […]

The European Investment Bank (EIB) and Hydrogen Europe, an umbrella association representing European industry, research, and national and regional associations in the hydrogen and fuel cell sector, today signed an agreement for consultancy services, Trend reports with reference to EIB. Under the agreement, the EU bank will provide financing advisory support for hydrogen projects introduced by Hydrogen […]

Azerbaijan and Turkmenistan have agreed upon further steps in the field of cooperation on the Dostlug field, Trend reports citing the Azerbaijani Ministry of Energy. The Azerbaijani delegation led by Energy Minister Parviz Shahbazov visited Turkmenistan as part of the third meeting of the joint working group “The delegation visited Turkmenistan in order to prepare […]

Turkmenistan and Qatar are interested in building up trade and economic ties, Trend reports with reference to the Ministry of Foreign Affairs of Turkmenistan. The issue was discussed during the meeting Deputy Minister of Foreign Affairs of Turkmenistan Berdiniyaz Myatiyev and Ambassador Extraordinary and Plenipotentiary of the State of Qatar to Turkmenistan Mubarak bin Abdurrahman Al Nasr, […]

The Public Council under the Azerbaijani Ministry of Transport, Communications and High Technologies will consider the problems related to the internet, the ministry told Trend on July 29. The road safety issues, problems in the field of air and sea transport, the topic of barriers to Azerbaijan’s growing export of IT products are planned to be discussed […]