Economics - 2024
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Russia and Azerbaijan are exploring potential cooperation in ship construction in the Caspian Sea, as revealed by Russian Ambassador to Baku, Mikhail Evdokimov, in an interview with Izvestia newspaper...
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BP reported a decline in oil production at the Azeri-Chirag-Gunashli (ACG) block in the Azerbaijani sector of the Caspian Sea last year, according to a statement released on February 12. In 2023,...
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Investments in the development of Azerbaijan's Karabakh and East Zangezur economic regions surged in 2023, reaching a total of 6.393 billion manats (approximately $3.8 billion), representing a remarka...
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In the year 2023, Azerbaijan's import of Russian grain products amounted to 1.3 million tons, with Russia emerging as the primary supplier of wheat, constituting over 80% of total imports. The remaind...
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Gas exports from Azerbaijan surged by 6.9% in 2023 compared to the previous year, reaching a total of 23.86 billion cubic meters, as reported by the State Oil Company of Azerbaijan Republic (SOCAR) on...




