Day: January 2, 2023

Kyrgyzstan names main routes for cargo transportation by air

BAKU, Azerbaijan, Istanbul, Guangzhou, and Shanghai became the main directions of regular cargo flights from Kyrgyzstan from January through October 2022, Trend reports citing the State Agency for Civil Aviation under the Cabinet of Ministers of Kyrgyzstan.   According to the agency, a total of 30,576 tons of cargo was

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Türkiye, China to construct high-voltage transmission lines in Uzbekistan

BAKU, Azerbaijan, Major energy companies of Türkiye and China won the international tender of Uzbekistan’s “National Electric Grid” JSC for construction of high-voltage power transmission networks in Tashkent city and Sirdarya region, Trend reports via Uzbek Ministry of Energy.   Following the results of tenders, the Turkish company “Şa-ra Enerji

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Large Turkmen oil refinery discloses production indicators

BAKU, Azerbaijan, The production indicators of the Turkmenbashi Oil Processing Complex, located in the Balkan region in the west of Turkmenistan from January through November 2022, have been published, Trend reports via Turkmen media.   According to the information, during the specified period, the refinery processed 4.48 million tons of

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Azerbaijan discloses its top private non-oil exporters for 11M2022

BAKU, Azerbaijan, Azerbaijan’s MKT Production Commercial LLC became the largest exporter of non-oil products among the local private companies from January through November 2022, Center for Analysis of Economic Reforms and Communication of Azerbaijan told Trend.   The company’s exports in the reporting period amounted to $105.1 million (drop of

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Weekly review of Azerbaijan’s precious metals market

BAKU, Azerbaijan, An ounce of gold in Azerbaijan has increased by 30.6 manat (one percent) last week, Trend reports.   The average price of one ounce of gold grew by 9.1902 manat (0.3 percent) in comparison to the previous week and totaled 3,073.6221 manat. The price of an ounce of

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Iran plans to launch new railways, highways

BAKU, Azerbaijan, As many as 561 kilometers of railway lines are expected to be launched in Iran by the end of the current Iranian year (March 20, 2023), Iranian Deputy Minister of Roads and Urban Development, and CEO of Construction and Development of Transportation Infrastructure Company (CDTIC), Kheirollah Khademi said,

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Georgia records growth in trade with Azerbaijan for 11M2022

BAKU, Azerbaijan, The trade turnover between Georgia and Azerbaijan in the first 11 months of 2022 increased, Trend reports with reference to the National Statistics Office of Georgia.   According to statistical data, Georgia’s trade turnover with Azerbaijan from January through November 2022 reached $1.1 billion, which is 16.8 percent

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Weekly review of Azerbaijan’s oil market

BAKU, Azerbaijan, Azerbaijani oil prices have fluctuated last week, Trend reports.   The average price for Azeri Light CIF oil, produced at the Azeri-Chirag-Gunashli (ACG) field, equaled $87.76 per barrel, up by $1.86 (2.16 percent) compared to the previous price.   The maximum price for Azeri Light CIF oil amounted

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