Industry

Priority directions of investments of Azerbaijani-Kyrgyz Development Fund named (Exclusive)

BAKU, Azerbaijan, The Joint Azerbaijani-Kyrgyz Development Fund with a budget of $25 million will be implementing investments in priority projects for the founders in Kyrgyzstan by providing loans and credits, the Ministry of Economy and Commerce of Kyrgyzstan told Trend.   The ministry noted that the founders will participate in capital and use of other […]

Industry

Azerbaijani oil prices decline

BAKU, Azerbaijan, The price of Azeri LT CIF Augusta, produced at the Azeri-Chirag-Deepwater Gunashli (ACG) field, decreased by $1.84 on October 14 compared to the previous price, amounting to $96.14 per barrel, Trend reports referring to the source from the country’s oil and gas market.   The price of Azeri LT FOB Ceyhan on October […]

Industry

Weekly review of Azerbaijan’s oil market

BAKU, Azerbaijan, Azerbaijani oil prices have fluctuated this week, Trend reports.   The average price for Azeri Light CIF oil, produced at the Azeri-Chirag-Gunashli (ACG) field, equaled $98.40 per barrel, up by 36 cents (0.37 percent) compared to the previous price.   The maximum price for Azeri Light CIF oil amounted to $102 per barrel, […]

Industry

Weekly review of Azerbaijan’s foreign exchange market

BAKU, Azerbaijan, The official exchange rate of the Azerbaijani manat against the US dollar, set by the Central Bank of Azerbaijan Republic (CBA), remained unchanged this week, Trend reports.   The average weighted rate based on the results of the week was 1.7 AZN/1 USD. The official exchange rate of the manat against the euro […]