Economics - 2010
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A suggestion was made to merge the South Corridor gas mains yesterday during the Caspian Gas Infrastructure-2010 conference in Baku. Jeremy Ellis from RWE Supply & Trading (Germany) said the proj...
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Inter Energy LLC has won the investment contest for the Zeykhur small hydroelectric power station in Gusar, Azerbaijan. This has become the fourth small station of the kind privatized by the comp...
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A number of agricultural crops in Azerbaijan have decreased because of the reduction of the sown areas and productivity in 2010. The grain crops except corn were picked from 935,000 hectares (-15...
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The Economic Development Ministry said bread prices would not grow though flour had become more expensive. The production is still profitable under the existing wholesale prices of flour. Th...
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The aggregate income of 1,722 municipal councils totaled AZN 12.9 million (-56% against the target) in H1, 2010. They spent AZN 11.9 million. The incomes mainly came from the following sourc...
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The independent local Economic Research Center (ERC) calculated that the minimum cost of living in Azerbaijan grew by AZN 0.72 on average in August. The experts calculated the consumer baske...
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Caspian gas will be the main source to fill the Trans-Adriatic Pipeline (TAP) (10 billion m3). This was announced by EGL, Statoil and EON Ruhrgas (the project"s shareholders). TAP will use Shah D...
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SOCAR"s Kulevi terminal in Georgia (BST Ltd) transshipped 6 million tons of oil and oil derivatives by September 13. It transshipped 2.4 million tons in the first eight months of 2010 (+50% again...
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SOCAR has postponed its talks with NIGEC, Iran on the long-term contract over gas supplies to Iran due to technical problems. The SOCAR Gas Export Department"s Chief, Kamal Abbasov, said the Asta...
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McDonald"s Azerbaijan LLC presented gifts to 165 mentally retarded children from Boarding School N 7 in the Surakhani district of Baku on the Knowledge Day - September 15. The children received s...
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Creation of the Automated Centralized Radio Monitoring Network is delayed, because of lack of finance, reported the State Radio Frequencies Department under the Ministry of Communication and Info...
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First gas on Nabuссo project will be supplied to Europe in the end of 2015 from Azerbaijan and Iraq, said t the energy conference in Baku Managing Director of Nabucco consortium Rainhard Mitchek....
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The head of Kazakhstan"s Strategic Research Institute, Bulat Sultanov, stated in Baku that his country prefers to supply oil and gas by tankers across the Caspian Sea rather than any version of t...
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First gas on Nabuссo project will be supplied to Europe in the end of 2015 from Azerbaijan and Iraq, said t the energy conference in Baku Managing Director of Nabucco consortium Rainhard Mitchek....
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The January-August inflation was at 3.22% in Azerbaijan. The Economic Research Center NGO came to this conclusion after the independent investigation conducted with alternative methods in 22 regi...
