An American well for SOCAR

Azerbaijan Airlines continues to include Saudi Arabia in its route network, but the available evidence does not support the conclusion that its flights are operating consistently. Cancellations and prolonged interruptions have been recorded on some routes, while published schedules do not always correspond to actual operations.

Azerbaijan’s First Deputy Economy Minister Elnur Aliyev has discussed opportunities for financing investment projects in the country with representatives of Spain’s Santander Bank. No specific projects, amounts or lending terms have yet been announced. The meeting therefore appears to represent an examination of the market rather than a decision by the bank to deploy capital immediately.

Azerbaijan’s state oil company SOCAR and China National Offshore Oil Corporation, or CNOOC, have signed a memorandum of understanding envisaging joint work on oil and gas exploration and production projects in Azerbaijan and third countries.

New amendments to Nakhchivan's 2023-2027 socio-economic development programme aim to make state support more results-oriented, accelerate local products' access to markets and reduce transport costs. The central question is whether Nakhchivan's...