Economics - 2014
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Baku/13.02.14/Turan : In 2013, the inspectors of the State Committee on Land and Cartography found 422 violations of land legislation related to changes in land use purpose , the acquisition of territ...
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BAKU/13.02.14/Turan : Minimum strap premiums collected in January by the members of the Bureau of Compulsory Insurance is 466.31 thousand manats. So much attracted was by Khalq Sigorta. Alfa Sigorta...
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The Social Policy Committee of the Milli Mejlis prepared and recommended for discussion at the spring session of parliament bills on reproductive health , organizing children's activities , and social...
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LLC Gazakh Cement Plant has announced plans to produce 1 million tons of cement this year. According to specialists , this year the need for this type of building material can be satisfied at the expe...
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BAKU/13.02.14/TURAN : The insurance company Chartis Azerbaijan ( former AIG Caspian) is the only structure that did not gather any manat in January.Turan repeatedly wrote that it consistently takes up...
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BAKU/13.02.14/TURAN : A new plank minimum level of capitalization of insurance companies in Azerbaijan has been approved.The Board of the Finance Ministry left the previous level (5 million manat) for...
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Baku/13.02.14/Turan : February 18th, in four regions of the country will be held contests to transfer long-term lease on 5390 hectares of state-owned lands . The main requirement to the applicants is...
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During 2013 BP-Azerbaijan company extracted 9.8 billion cub.m., of natural gas from the Shah-Deniz field (about 345.5 billion cub. feet) and 2.48 million tons (about 19.6 million barrels) of condensat...
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Ukraine continues searching for the possibilities for diversification of gas deliveries. The State Land Agency has granted permission for the land plot for construction of the liquefied fuel terminal...
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Oil production on the giant field Kashagan in Kazakhstan suspended on October 9, 2013 because of gas leakage could be resumed in the second half of 2014. But until the end of 2015 it will be below the...
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Turkish media reported that this will happen at the expense of sale of 13.5% out of 18.5% share of Turcas Grupu SOCAR-Turkey, daughter company of SOCAR in Turkey, in the Star oil refinery in Izmir, Tu...
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In 2013 in average 655,370 barrels of oil a day or total of 239 million barrels (32.2 million tons a year) is extracted from the Chirag, Central Azeri, Eastern Azeri, Western Azeri and deep-water Gune...
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During 2013 the Azerbaijan State Oil Fund (SOFAZ) allocated 372,600,000 AZN (about $475,100,000) for construction of Star oil refinery in Turkey.According to SOFAZ, this year it is planned to spend ad...
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Representatives of British companies operating in the oil and gas industry will visit Azerbaijan in March 2014, reads the statement of the Energy Industries Council (EIC) – the leading trade associati...


