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If Turan Leaves…
SOCAR implements the Leucipa digital program to optimize production
Azerbaijan produced an average of 454 thousand barrels of crude oil at the beginning of 2025
Azerbaijan reduced gas exports by 300 million cubic meters in January
Azerbaijan’s oil exports decreased by 100 thousand tons in January
The number of Azerbaijani citizens employed by BP-Azerbaijan increased by 60 people in 2024
In January, consumers in Azerbaijan purchased automobile fuel worth 271 million manats
Georgia reduced gasoline imports from Russia in 2024
OPEC maintains its oil demand growth forecast
U.S. expects Brent oil price of $74.5 per barrel in 2025
Five EU countries paid €1.2 billion for energy resource supplies from Russia in January
OPEC: $10 trillion spent on the energy transition
U.S. Oil Stocks Increased by 4.07 Million Barrels in a Week
European Gas Prices Fell After Putin-Trump Phone Call
Moldova Closes the "Russian House" in Chișinău
Home page
Economics
Economics
Economics News
31 January 2025
Azerbaijan’s SOCAR Acquires 10% Stake in Israel’s Tamar Gas Field
The Program for the Development of Baku's Transport Infrastructure for 2025-2030 has been Approved
Goldman Sachs Raises Forecasts for Azeri Light by $2
Azerbaijan Railways Launches Transit Shipments from Zira Port, Plans Expansion
Azerenergy Expands Hydropower Projects Amid Azerbaijan’s Push for Renewable Energy
Digital Almaty 2025: AI and the Future of Industry Take Center Stage in Kazakhstan
Money Transfers from Russia to Neighboring Countries Continue to Decline in 2024
Economics News
30 January 2025
Azerbaijan's Rice Imports Surge
Azerbaijan, Pakistan Seek to Bolster Energy Partnership, Eye Green Energy Projects
Planned Volume of Oil Transit from Kashagan via Baku Set for 2025
Azerbaijan Invests in Cybersecurity and Digital Development
Azerbaijan’s Economic Growth Stable but Faces Risks
Gold Hits Record $2,800 per Ounce, SOFAZ Reserves Surpass 20%
Economics News
29 January 2025
Azerbaijan, Turkey, and Uzbekistan Deepen Ties with the Ankara Declaration and Transport Roadmap
Azerbaijan Faces Rising Feed Imports and Declining Livestock Numbers
Azerbaijan’s Foreign Trade Sees Rising Imports, Declining Exports in 2024
John Alderdice Appointed UK Trade Envoy to Azerbaijan and Central Asia to Strengthen Economic Ties
Economics News
28 January 2025
Allocates Nearly 4.83 Billion Manat for Reconstruction of Liberated Territories in 2024
Azerbaijan to Launch New Transportation Programs to Address Congestion and Enhance Infrastructure
Azerbaijan’s 2024 Budget: Sustainable Revenues and Strategic Spending
Azerbaijan Reduces External Debt, Focuses on Domestic Borrowing
Aliyev Highlights Interfaith Harmony in Meeting with Israeli Business Delegation
The achievement of the goals of the Socio-economic Development Strategy for the period up to 2026 has been assessed
Depositors’ Money Disappears as Azerbaijani Bankers Avoid Accountability
Economics News
27 January 2025
Azerbaijani Farmers Required to Insure Crops to Qualify for Subsidies
Pakistan Invites Azerbaijan to Strategic Gas Project
In 2024, Azerbaijan's hospitality sector demonstrated steady growth driven by foreign visitors
Introduces New Subsidy Requirements for Intensive and Hyper-Intensive Orchards
Macroeconomic Stability: Focus Remains on Advancing Reforms
Adopts New Workplace Safety and Health Standards
Dividing Metro Lines Seen as Key to Easing Baku Subway Overcrowding
Economics News
24 January 2025
Economist: 'Decline in Foreign Currency Revenue Will Increase Pressure on the Manat'
The final investment decision (FID) on the Shafag Solar Power Plant (SPP) is expected in 2025 - BP
BP to Begin First Gas Production from Deep Gas Reservoirs at ACG Block by Late 2025
Azerbaijan and Israel Strengthen Innovation Cooperation with Landmark Agreement
BP Concludes “Skills for the Future” Educational Initiative in Azerbaijan
BP-Azerbaijan Details Plans for New Platform at Shah Deniz in 2025
Presidential Decrees Have Been Amended to Strengthen Reconstruction and Governance in the Liberated Territories
What Determines the Date of the Next Meeting of the Southern Gas Corridor Advisory Council in Baku?
Azerbaijan Introduces New Measures to Support Exporters and Investors
The IMF and the Central Bank of Azerbaijan Discussed Issues of Economic Stability and Growth
Tomatoes’ Journey: How Azerbaijani Exports Return Home in Costlier Ketchup Form
Economics News
23 January 2025
Azerbaijan Restructures Leadership to Strengthen Counter-Terrorism Financing Measures
Azerbaijan and Iran Strengthen Rail Collaboration with Strategic Plan for Astara Terminals
Azerbaijan Advances Its Green Energy Agenda
AzerGold Explores Partnership with Turkish Firms in Africa to Boost Mining Sector
Azerbaijan, Iran, and Russia: Forging New Pathways in Energy Cooperation
Aliyev and EBRD President Discuss Green Energy and Regional Development in Davos
IMF Mission Meets with Representatives of Azerbaijan's Ministry of Finance to Discuss Article IV Consultations
Azerbaijan’s Economic Policy Committee Holds First Meeting of Spring Session
Azerbaijan's 2024 Economic Data Reflects Uneven Growth
Azerbaijan to Develop Largest National Geographic Data Information System
Wheat Production Sector in Azerbaijan iIs Experiencing a Decline, Despite the President's Calls
Economics News
22 January 2025
Azerbaijan Highlights Green Energy Transition at Davos Economic Forum
SOCAR Employees in Batumi Strike Over Wage Demands
Carlsberg Group Intends to Expand Investments in Azerbaijan through Localization and Modernization Initiatives
"Single Window" Increased Exports in 2024 Due to the Expansion of Services and Digital Integration
Azerbaijan Promotes Green Energy Goals at Davos Meeting
Azerbaijan’s Central Bank Targets Inflation Stability Amid Economic Uncertainties
Azerbaijan's Currency Reserves Reach $11 Billion Amid Economic Growth Forecasts
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From the editor
Want to say,
14 February, 15:11
1061
If Turan Leaves…
Energy,
14 February, 07:43
368
SOCAR implements the Leucipa digital program to optimize production
Energy,
14 February, 07:41
369
Azerbaijan produced an average of 454 thousand barrels of crude oil at the beginning of 2025
Energy,
14 February, 07:39
358
Azerbaijan reduced gas exports by 300 million cubic meters in January
Energy,
14 February, 07:37
342
Azerbaijan’s oil exports decreased by 100 thousand tons in January
Energy,
14 February, 07:34
347
The number of Azerbaijani citizens employed by BP-Azerbaijan increased by 60 people in 2024
Energy,
14 February, 07:32
320
In January, consumers in Azerbaijan purchased automobile fuel worth 271 million manats
Energy,
14 February, 07:30
337
Georgia reduced gasoline imports from Russia in 2024
Energy,
14 February, 07:28
293
OPEC maintains its oil demand growth forecast
Energy,
14 February, 07:26
320
U.S. expects Brent oil price of $74.5 per barrel in 2025
Energy,
14 February, 07:21
401
Five EU countries paid €1.2 billion for energy resource supplies from Russia in January
Energy,
14 February, 07:20
344
OPEC: $10 trillion spent on the energy transition
Energy,
14 February, 07:18
312
U.S. Oil Stocks Increased by 4.07 Million Barrels in a Week
Energy,
14 February, 07:16
297
European Gas Prices Fell After Putin-Trump Phone Call
Politics,
13 February, 17:40
1306
Moldova Closes the "Russian House" in Chișinău
Politics,
13 February, 17:33
1344
New Head of "Icheri Sheher"
Politics,
13 February, 17:01
1664
The court did not release Shahnaz Beylargizi from detention
Culture,
13 February, 16:10
1092
A Unique Exploration of Climate Change and Storytelling in Baku: A New Documentary Theatre Experience
Economics,
13 February, 14:47
935
Azerbaijan’s Foreign Currency Reserves Surpass External Debt by 14-Fold
Economics,
13 February, 14:07
1159
Hydrocarbon Production in Azerbaijan Decreased in January 2025 — Ministry of Energy
Social,
13 February, 14:02
4598
Appeal to the Readers of the Turan News Agency
Politics,
13 February, 13:59
2129
Azerbaijan to cut ‘Sputnik Azerbaijan’ and BBC editorial staff to minimum
Politics,
13 February, 13:43
1761
MP on deportation of migrants from Russian Federation
Social,
13 February, 13:28
863
Rains are expected
Finance,
13 February, 12:43
1108
Azerbaijan to redeem part of domestic public debt ahead of schedule
Finance,
13 February, 11:53
745
Azerbaijan approves ‘Rules on Operational Risk Management in Banks’
Politics,
13 February, 11:49
1180
Jeyhun Bayramov to attend Munich Security Conference
Politics,
13 February, 11:45
1383
Azerbaijan files lawsuit against Armenia to international arbitration
Politics,
13 February, 11:33
1064
Ilham Aliyev receives credentials of Ambassadors of Paraguay, Belarus and Turkey
Finance,
13 February, 11:22
711
Azerbaijan increases social insurance receipts by nearly 12%
Finance,
13 February, 11:07
647
Azerbaijan's revenues from export of insurance services decline by more than 23%
Finance,
13 February, 10:45
676
'İpək Yolu Sığorta' insurance company convenes shareholders' meeting
Finance,
13 February, 10:43
701
Foreign currencies rates fixed by Central Bank
In World,
13 February, 10:15
372
European powers demand seat at table in Ukraine talks
In World,
13 February, 09:54
289
US sanctions strand Iran, Russia oil on tankers, driving up crude costs
In World,
13 February, 09:43
328
Russia's Putin holds phone call with Syria's Sharaa
In World,
13 February, 09:21
449
Russian spy in Ukraine's anti-terror centre 'caught after being fed false secrets' to send to Moscow
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