Economy
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The Belt and Road Initiative (BRI) has been a transformative global project since it was proposed in 2013. |
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Amir of Qatar: We are interested in expanding economic and trade relations with brotherly Azerbaijan
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“Moldova intends to buy gas from Azerbaijan via Romania under a contract signed between SOCAR and Romgaz SA,” Speaker of the Parliament of Moldova Igor Grosu told TVR channel. |
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Within the framework of the summer schedule for 2023 (from March 26 to October 29), "Azerbaijan Airlines" CJSC announces the sale of tickets for 29 euros to 9 destinations. |
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London ICE (InterContinental Exchange Futures) has seen some changes. |
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Despite the obvious commercial and strategic advantages of Turkmen gas reaching Europe via Azerbaijan and the Southern Gas Corridor, I think the likelihood of this happening is fairly low. |
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“During the third quarter, ACG continued to safely and reliably deliver stable production. Total ACG production for the first three quarters was on average about 418,000 barrels per day (b/d) (about 114 million barrels or 15 million tonnes in total) from the Chirag (25,000 b/d), Central Azeri (105,000 b/d), West Azeri (108,000 b/d), East Azeri (63,000 b/d), Deepwater Gunashli (77,000 b/d) and West Chirag (40,000 b/d) platforms,” bp Azerbaijan told Baku Tribune. |
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An interview to Baku Tribune was given by Stephen O'Sullivan, a senior visiting research fellow at the Oxford Institute for Energy Studies. |
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Azerbaijan and Pakistan are working on signing the Transit Trade Agreement, Pakistan's ambassador to Azerbaijan, Bilal Hayee, told Report. |
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Repairing the ruptures that occurred on the lines of the Nord Stream 1 and Nord Stream 2 gas pipelines may take more than six months, Pavel Zavalny, who heads the State Duma’s (lower house) Committee on Energy, believes. |
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Azerbaijani oil price has decreased on the world markets. |
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“In January-February 2022, revenues from the private section of the non-oil sector increased by 44.9% and amounted to 1,076.7 mln manats,” said Azerbaijan`s Minister of Economy Mikayil Jabbarov. |
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In January 2022, daily oil production (including condensate) in Azerbaijan amounted to 700,500 barrels, including 580,900 barrels' crude oil and 119,600 barrels' condensate, the Ministry of Energy told AZERTAC. |
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35 108,8 million cubic meters of gas were transported via main gas pipelines in Azerbaijan last year, which is 18,6% more in annual comparison, the State Statistics Committee told APA-Economics. |
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Azerbaijani economy grew by 5.6% in real terms in 2021, according to the preliminary data, Baku Tribune reports. |