Economics - 2015
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In 2016 sports betting members in Azerbaijan will be subject to income tax at a rate of 10% of the winning amount, in accordance with the amendments to the Tax Code, which was discussed today at a mee...
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In January-September the foreign trade turnover of entrepreneurs of Azerbaijan amounted to $ 17 billion 608.2 million. This is almost $ 10 billion less than in three quarters of 2014 (mainly due to fa...
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The State Statistics Committee has published data on the gross domestic product over the past three quarters. As of October 1, the volume of GDP totaled 40.7 billion manats (+ 3.7% compared to the sam...
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The share of electronic retail trading in the total retail trade (18 billion 89.1 million in January-September) amounted to 0.051%, despite almost a twofold increase compared to the same period last y...
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The average salary in Azerbaijan on September 1, 2015 as compared to the beginning of the year increased by 4.4% from 444.5 to 460.1 manats, the State Statistics Committee said.According to official s...
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Russian and Kazakhstan Presidents Vladimir Putin and Nursultan Nazarbayev have signed the protocol to amend the agreement between Russia and Kazakhstan on delimitation of bottom of the northern part o...
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From January to September 2015 Azerbaijan thermal power station generated 5,651,000,000 kWh of power, up 2.6% against the same period last year.Press office of the station reported that in quarter 3,...
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Over 15,000 jobs were created as a part of the Shah Deniz-2 project operated by BP company, Bakhtiyar Aslanbeyli, BP Regional Vice President for International Relationships and Strategy, said yesterda...
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“At present 86,000 tons of oil a day (about 630,000 barrels) is extracted from 86 operation wells on the Azeri-Chirag-Guneshli (ACG) bloc,” said SOCAR Senior Vice President for Geology, Geophysics and...
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SOCAR’s drilling company has started drilling of two wells on the Pirallakhi field, reported SOCAR.The well No 1147 with the target depth of 840 metres will be drilled from the platform No 1140 on the...
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In the near future State Oil Company of Azerbaijan (SOCAR) will receive the first tranche of the credit from the International Bank of Azerbaijan (IBA), SOCAR Vice President for Economic Affairs Suley...
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From January to September 2015 Azerbaijan extracted 14,424,900,000 cub.m. of tank gas (growth by 4.2%). During the same period last year the volume of extracted tank gas in the country totaled 13,845,...
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From January to September 2015 production of tank oil in Azerbaijan, including gas condensate, totaled 31,378,900 tons (reduction by 2%). During the same period last year the country produced 32,020,7...












