Apr 18 2015 - 12:25
The company SOCAR (the State Oil Company of Azerbaijan) has opened a new gas filling station in Georgia. SOCAR President Rovnag Abdullayev attended the opening. The number of gas stations under the SOCAR brand in Georgia has now reached 26, Trend notes.
Mar 29 2015 - 17:17
As the company reported today, due to a 35% increase in ticket prices fir international flights to Russia, Ukraine and Georgia, talks were held with the relevant authorities of Russia and Georgia in order to reduce the cost of tickets.
Mar 26 2015 - 13:51
Azerbaijan will be represented as a full member at all the events that will take place at the platform of G20 summit, chaired by Turkey, the press service of the Azerbaijani Foreign Ministry informs. The negotiations on a given platform will be held in two directions - Sherpa (special representatives of states and governments) and finance. Issues related to finance will be coordinated by the Ministry of Finance of Azerbaijan, and issues related to Sherpa - by the Ministry of Foreign Affairs, the department said.
Mar 26 2015 - 09:46
Baku and Tbilisi have completely fulfilled their obligations relating to the Baku-Tbilisi-Kars project, the Minister of Energy of Georgia, Deputy Prime Minister Kakha Kaladze said."Georgia and Azerbaijan have completely fulfilled the obligations relating to the Baku-Tbilisi-Kars railway project. According to the information I received yesterday, the construction of a tunnel has also been completed in Turkey," APA cited him as saying.
Mar 17 2015 - 19:50
The ceremony of founding the Trans-Anatolia Pipeline (TANAP) has been held in the Turkish city of Kars. It is the key element of the Southern Gas Corridor to supply Europe with Caspian gas. Presidents Ilham Aliyev (Azerbaijan), Giorgi Margvelashvili (Georgia) and Recep Tayyip Erdogan (Turkey) attended the ceremony. Aliyev emphasized the close ties between Turkey and Azerbaijan and the role of energy and transportation projects (for example, the Baku-Tbilisi-Kars railway founded in Kars) in strengthening their relations.
Mar 11 2015 - 16:04
The volume of oil produced from Azeri-Chirag-Guneshli (ACG) block in Azerbaijan from November 1997 stood at 359.5 million metric tons, the first vice-president of the State Oil Company of Azerbaijan (SOCAR), Khoshbakht Yusifzadeh, said during the Caspian Energy Forum conference. Yusifzadeh added that 196 million cubic meters of the abovementioned volume accounted for Azerbaijan’s profitable oil.But 22 million metric tons of profitable oil was produced in 2014.
Mar 7 2015 - 17:30
A Georgian-Azerbaijani-Turkish business forum has ended in Tbilisi. Azerbaijan's Minister of Economy and Industry, Shahin Mustafayev, stressed the importance of the forum for the energy and Azerbaijan-Georgia-Turkey transport bridge. "Today Azerbaijan has 2600 Turkish companies, which have invested $6.3 billion, and in Turkey there are 1500 Azerbaijan companies with investments of $5 billion. However, by 2020, Azerbaijani investments in Turkey will reach $17-20 billion," Mustafayev said.