Industry

Azerbaijani oil prices up

BAKU, Azerbaijan, The price of Azeri LT CIF Augusta, produced at the Azeri-Chirag-Deepwater Gunashli (ACG) field, increased by $1.9 on July 1 compared to the previous price, amounting to $125.3 per barrel, Trend reports referring to the source from the country’s oil and gas market.   The price of Azeri LT FOB Ceyhan on July […]

Industry

Weekly review of Azerbaijan’s oil market

BAKU, Azerbaijan, Azerbaijani oil prices have grown this week, Trend reports.   The average price for Azeri Light CIF oil, produced at the Azeri-Chirag-Gunashli (ACG) field, equaled $124.47 per barrel, having increased by $4.4 (3.66 percent) compared to the previous price.   The maximum price for Azeri Light CIF oil amounted to $126.81 per barrel, […]

Governance

Azerbaijani MoD holds official meeting

BAKU, Azerbaijan, An official meeting chaired by the Azerbaijani Defense Minister, Colonel General Zakir Hasanov was held at the Central Command Post on July 2, Trend reports via the ministry.   Deputies of the defense minister, commanders of types of troops, chiefs of main departments, departments and services of the ministry participated in the meeting. […]

Industry

Weekly review of Azerbaijan’s precious metals market

BAKU, Azerbaijan, An ounce of gold in Azerbaijan has decreased by 39.6865 manat (1.28 percent) this week, Trend reports.   The average price of one ounce of gold amounted to 3,091.1117 manat, down by 25.8706 manat (0.83 percent) compared to the preceding week. The price of an ounce of silver in Azerbaijan has decreased by […]

Industry

Kyrgyzstan approves bill on renewable energy sources

BAKU, Azerbaijan, President of Kyrgyzstan Sadyr Japarov signed the bill “On Renewable Energy Sources”, Trend reports with reference to the press service of the Kyrgyz President.   With the adoption of this law, Kyrgyzstan aims to boost energy production from renewable energy sources (RES), due to the existing shortage of electricity in the country.   […]