Lukoil becomes full member of SWAP project
The Russian oil and gas company Lukoil has become a full partner of the project for the exploration and development of shallow water around the Absheron Peninsula (SWAP) in the…
Section: Business
Iran eyes reaching pre-sanctions level of oil production
The Iranian authorities intend to reach the pre-sanction level of oil production in the next two months, Executive Director of the Iranian National Oil Company Mohsen Khojastemehr said, Report informs….
Azerbaijan increasing gas supplies to Turkey over cessation of imports from Iran
SOCAR Enerji Ticaret AS, which has received the right to import spot pipeline gas from the Turkish Energy Market Regulatory Authority, will supply 4 million cubic meters of gas per…
EU court annuls penalty imposed by European Commission on Intel
Intel on January 26 won its fight against a 1.06-billion-euro ($1.2 billion) EU antitrust fine that the US chipmaker was handed 12 years ago for stifling a rival, in a…
WB extends technical support project for tax reform in Azerbaijan
The World Bank’s Global Tax Program Donors Steering Committee has held an online meeting on a semi-annual basis, Report informs referring to the State Tax Service under the Azerbaijani Economy…
Azerbaijan resumes aviation fuel supplies from 2 countries
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Russian companies submits 14 applications for participation in restoration of liberated Azerbaijani territories
Russian companies have submitted 14 applications for participating in the restoration of the liberated Azerbaijani territories, Russian Ambassador to Baku Mikhail Bocharnikov said at a press conference on Wednesday. The…
Lukoil interested in development of green energy in Azerbaijan
Russia’s Lukoil is interested in the development of green energy in Azerbaijan, Russian ambassador to Azerbaijan, Mikhail Bocharnikov, said at a press conference. According to Report, the ambassador reminded that…
Volume of Russian investments in Azerbaijan revealed
The Russian investments in Azerbaijan exceed $4.2 billion, Russian Ambassador to Baku Mikhail Bocharnikov said at a press conference on Wednesday. “Some $2.9 billion accounted for the trade and economic…
Bashkortostan business mission to visit Azerbaijan
A business mission consisting of Bashkortostan enterprises will visit Azerbaijan in mid-February 2022, Report informs, citing the Russian Trade Representation in Azerbaijan. This visit was discussed during a meeting of…