Wednesday, April 8, 2020

Azerbaijan’s Energy Ministry: “OPEC and non-OPEC Ministerial Meeting to be held on April 6”

Azerbaijan has been invited to the meeting of Ministers of OPEC and non-OPEC countries to be held on April...

Azerbaijan’s inflation was one of lowest indicators among CIS countries last year

Last target of monetary policy of government was maintenance of inflation level at declared corridor (4+-2%), noted in the...

SOCAR: No restrictions on fuel sale in Azerbaijan

The sale of fuel has not been restricted in Azerbaijan, Trend reports on March 30 referring to the State Oil Company...

World Bank approved loan from the International Bank for Reconstruction and Development for Azerbaijan

The World Bank’s Board of Executive Directors approved today a $50 million loan from the International Bank for Reconstruction...

S&P forecasts manat will remain stable

"S&P Global Ratings expects amid the volatile oil price environment, Azerbaijan will retain the manat's de facto peg to...

SOCAR confirms discovery of Karabagh oil field in Azerbaijan

Azerbaijan State Oil Company SOCAR and Norwegian Equinor have confirmed the fact of discovery of the Karabagh oil field...

Trade turnover between Azerbaijan and Iran sharply decreases

In January-February of this year the volume of the trade exchange with Iran conducted by Azerbaijan amounted to USD...

Flights from Baku to more than 15 cities of the world are suspended

Turan: As part of measures to prevent the spread of coronavirus infection, Azerbaijan Airlines CJSC and foreign airlines temporarily...

Bitcoin Embassy to be opened in Azerbaijan this year

Bitcoin Embassy will be opened at the end of the first half of this year in Azerbaijan, the head...

Elman Rustamov: “Government and Central Bank had developed “Plan B” beforehand for current oil...

"The Azerbaijani Government and the Central Bank of Azerbaijan (CBA) has "B" plan, and this plan has been developed...