BAKU, Nov 1 Gas from Azerbaijan's giant Shah
Deniz field is not expected to reach Europe before October 2020
due to delays in finishing the TAP pipeline in Italy, the head
of the Trans-Anatolian Natural Gas Pipeline (TANAP) consortium
BAKU, Oct 28 The state-run International Bank of
Azerbaijan (IBA) has completed its recovery, plans to set up its
own investment company and is preparing for its planned
privatisation, the bank's management board chairman told
BAKU Azerbaijan's president dismissed the influential head of his presidential administration on Wednesday, part of a reshuffle since he criticized the pace of economic reforms in the oil- and gas- producing country.
BAKU, Oct 23 Azerbaijan's president dismissed
the influential head of his presidential administration on
Wednesday, part of a reshuffle since he criticised the pace of
economic reforms in the oil- and gas- producing country.
BAKU Azerbaijan's president criticized the government for changing economic forecasts frequently and obstructing reforms, state media said on Thursday, in rare open criticism of authorities as they seek to boost growth and improve the business environment.
* Expects $2 bln in 2019 non-oil exports, up from $1.7 bln
BAKU, June 4 Azeri state energy company SOCAR
said on Tuesday its net profit fell to 1.2 billion manats ($706
million) in 2018 from 2.1 billion manats a year earlier, while
operating profit rose to 3.6 billion manats from 2.5 billion.
BAKU Azerbaijan's state energy company SOCAR plans to list its Turkish subsidiary on the London, Hong Kong and Istanbul stock exchanges in 2021, a SOCAR official said.
BAKU, May 23 Azerbaijan's only oil refinery
plans to import 110,000 tonnes of A-92 petrol in October while
it halts production for a month for routine maintenance, state
energy company SOCAR's vice president told Reuters on Thursday.
BAKU Oil major BP and Azerbaijan's state energy company SOCAR signed an agreement on Friday to build a new exploration platform for the South Caucasus nation's three major oilfields, BP-Azerbaijan said in a statement.