Kazakhstan’s Qazaq Gaz increases gas resource base

BAKU, Azerbaijan, JSC National Company ‘QazaqGaz’ received the rights for the Pridorozhnoye gas field in South Kazakhstan, with recoverable gas reserves of 10 billion cubic meters, from “Samruk-Energy” JSC, a source in QazaqGaz told Trend.   The national company concluded a deal with “Tegis Munay” LLP, a part of “Samruk-Energy” group of companies, on the […]


Turkmenistan reveals total volume of non-cash payments

BAKU, Azerbaijan, The total volume of non-cash payments in Turkmenistan under the “Digital Commerce” system from January through November 2022 amounted to 541.69 million Turkmen manats ($154.6 million), Trend reports citing the Business Turkmenistan news agency.   During the specified period, the total amount of payments through the “Mobile Bank” system amounted to 12.4 million […]


Azerbaijan to abolish paper employment record

BAKU, Azerbaijan, The State Employment Agency under the Ministry of Labor and Social Protection of the Population of Azerbaijan plans to abolish paper employment records, Chairman of the Board at the Agency Mustafa Abbasbayli said in an interview with Trend.   According to him, citizens who received their first workbooks after 2014 would no longer […]


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 […]


Azerbaijani oil prices increase

BAKU, Azerbaijan, The price of Azeri LT CIF Augusta grew by $0.65 on January 6 compared to the previous price, amounting to $84.6 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 $82.88 per barrel, up by $0.58 as […]