Industry

Azerbaijani oil prices decrease

BAKU, Azerbaijan, The price of Azeri LT CIF Augusta totaled $88.73 per barrel on January 19, decreasing by $2.44 compared to the previous price, Trend reports referring to the source from the country’s oil and gas market.   The price of Azeri LT FOB Ceyhan amounted to $86.57 per barrel, also down by $2.44 as […]

Miscellaneous

First President of Kazakhstan underwent heart surgery

BAKU, Azerbaijan, Nursultan Nazarbayev, First President of Kazakhstan, has underwent heart surgery, Press Secretary of the First President Aidos Ukibay said, Trend reports via his Twitter publication.   “Nursultan Nazarbayev underwent heart surgery. The operation was successful. There is no threat to the life of the first president. Now he is under observation. The operation […]

Industry

EBRD supports Azerbaijan’s green agenda through investments and policy cooperation – managing director

BAKU, Azerbaijan, The European Bank for Reconstruction and Development (EBRD) is quite optimistic about future cooperation with Azerbaijan, be it in green finance, economic inclusion, sustainable infrastructure, or digitalization, Matteo Patrone, Managing Director, Eastern Europe and the Caucasus (EEC) at the EBRD, told Trend in an exclusive interview.   “As you might already know, our […]

Industry

Italy needs doubling TAP’s capacity to ensure energy security

BAKU, Azerbaijan, Italy needs doubling the capacity of the Trans Adriatic Pipeline (TAP) to ensure its energy security and independence, reads the article published by the local Formiche magazine, Trend reports.   “Doubling of flows would allow Italy to face the gas crisis with a very different conception of the problem. TAP transported 8.1 billion […]