Day: January 7, 2023

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”

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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”

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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

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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

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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

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Weekly review of Azerbaijan’s oil market

BAKU, Azerbaijan, Azerbaijani oil prices have decreased last week, Trend reports.   The average price for Azeri Light CIF oil, produced at the Azeri-Chirag-Gunashli (ACG) field, equaled $84.72 per barrel, down by $3.04 (3.46 percent) compared to the previous price.   The maximum price for Azeri Light CIF oil amounted

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Weekly review of Azerbaijan’s precious metals market

BAKU, Azerbaijan, An ounce of gold in Azerbaijan has increased by 35.5 manat (1.15 percent) last week, Trend reports.   The average price of one ounce of gold grew by 33.1891 manat (1.08 percent) in comparison to the previous week and totaled 3,106.811 manat. The price of an ounce of

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Earthquake hits Aegean coast of Türkiye

BAKU, Azerbaijan, An earthquake has hit the Aegean coast of Türkiye, Trend reports via the Turkish media.   According to the media, tremors with a force of five points were most felt on the island of Midilli in the Aegean Sea.   The media also said that the earthquake on

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Turkmenistan-Georgia trade turnover down

BAKU, Azerbaijan, Georgia’s trade turnover with Turkmenistan decreased slightly from January through November 2022, Trend reports referring to the National Statistical Committee of Georgia.   According to the statistics, the total trade turnover between Georgia and Turkmenistan in the reporting period reached $176 million – an decrease of 11.4 percent

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