SOFAZ considering properties in Europe and Southeast Asia for investment
24 July 2012 - 8:32pm
Oct 24 2014 - 17:30
The State Oil Company of Azerbaijan (SOCAR) is going to build the Kubansky oil-processing plant in association with Russia's oil company Rosneft, TASS reports on Friday night. According to Azerbaijani Energy Minister Natig Aliyev, the talks are already in progress.
Oct 22 2014 - 08:48
Turkish Prime Minister Ahmet Davutoglu said today that the efforts of Azerbaijan have allowed the formation of an energy corridor from the South Caucasus to the Balkan states. He emphasized that Azerbaijan and Turkey were implementing strategic economic projects in the context of political crises in neighbouring states, Trend reports.The Turkish PM made particular mention of the Trans-Anatolian Gas Pipeline to transport gas from the Shah Deniz field in the Azerbaijani sector of the Caspian Sea to the European border via Turkey as a key project.
Oct 20 2014 - 12:58
Vladimir Yakunin, the head of Russian Railways, will chair the 61st session of the Council for Railway Transportation of CIS Member-States hosted by Baku on October 21-22. It will be attended by railway authorities of Azerbaijan, Armenia, Belarus, Kazakhstan, Kyrgyzstan, Moldova, Tajikistan, Turkmenistan, Uzbekistan, Ukraine, Georgia, Latvia, Bulgaria, Finland, representatives of Lithuania, Estonia, Iran and the CIS Executive Committee, Russian Railway reports.
Oct 16 2014 - 18:24
Oct 16 2014 - 10:29
Lithuanian Minister for Transportation and Communications Rimantas Sinkevicius said that Vilnius was discussing plans to start direct flights to Baku, APA reports.
Oct 13 2014 - 14:43
Oct 13 2014 - 10:46
Petronas (Malaysia) will sell 15.5% of shares in Shah Deniz, 15.5% in the South Caucasus Pipeline Company (SCPC) and SCPC Holding Company managing the South Caucasus Pipeline project and 12.4% of Azerbaijan Gas Supply Company (AGSC) to Statoil (Norway).
Oct 10 2014 - 13:46
Azerbaijani President Ilham Aliyev said at a CIS summit in Minsk that the Commonwealth had more potential for regional and international cooperation. He noted that Azerbaijan valued the CIS and had good developments in the economic sector. Aliyev expressed concerns about regional security, the situation in the Middle East and the European part.