Absheron SOCAR declares liquidation

SOCAR Absheron (a subsidiary of the State Oil Company of Azerbaijan) announced its liquidation

Azerbaijanis spend almost as much on nonfoods as on foods

The retail chains sold goods for AZN 2.9 bn that is by 2.7% more than for the 2017 same term

Azerbaijani MPs ratified Caspian Sea Status Convention

Milli Majlis has ratified the Convention on the Legal Status of the Caspian Sea

Euro fails to be a means of equalizing Eurozone states` economies

The single European currency has not become a means of equalizing the economies of the Eurozone states

France’s Total hopes to stay in Venezuela, despite sanctions against latter

French oil company Total hopes to keep its presence in Venezuela, despite the sanctions imposed by the U.S. against the country

US dollar price not changed in Azerbaijan

The Central Bank of Azerbaijan has held another currency auction

Azerbaijan`s customs committee increases budget revenues almost by 50%

The State Customs Committee of Azerbaijan transferred AZN 329.645 million to the State Budget in January 2019 versus AZN 226.088 million in January 2018

AtaSigorta shareholders to distribute profit for 2018

The AtaSigorta`s shareholders are likely to hold a regular meeting on 4 April of the year

Baku gets in Top 5 of most romantic CIS cities for Valentine`s Day

Analytical agency Turstat conducted an Internet survey to make a rating of the most romantic cities of the CIS and near abroad for romantic trips of Russian tourists on weekends and red-letter days

Azersu creates a new water pipeline in Binagadi district of Baku

National water operator Azersu has launched a new project on improvement of the water supply and sewerage system in Binagadi district of Baku

Oil prices keeps on falling

Cost of a barrel of Azerbaijani oil grade Azeri Azeri LT CIF decreased by $0.42

Azercosmos conducts workshop at Baku Higher Oil School

Baku Higher Oil School hosted a workshop entitled “Basics of Remote Sensing”, which was conducted by representatives of Azercosmos

Manat has increased both to euro and ruble

The Central Bank of Azerbaijan has announced the exchange rate of the Azerbaijani manat to foreign currencies

US dollar to manat to be AZN 1.7 on 12 February

The Central Bank of Azerbaijan has announced the US dollar for Tuesday

Azerbaijan’s daily oil production reached 793,000 barrels in January

The daily volume of oil production in Azerbaijan for January 2019 totaled 793,000 barrels, including 720,000 barrels of crude oil and 73,000 of gas condensate