The Swiss company Risoil S.A. declared its readiness to continue investing in construction of a grain terminal in SE Commercial Sea Port of Chernomorsk, the press-service of the company reported. In 2014 the company started construction of a grain terminal Risoil Terminal. In March the terminal was put into operation, and Risoil launched the first…
According to the Ministry of Agriculture, as of November 10, 759.9 thousand ha of sunflower had been threshed, or 99.9% of the plan. 1699.7 KMT had been threshed with an average yield of 2.24 MT/ha. Soybean had been threshed from 14.4 thousand ha, or 99.3% of the harvested area (14.5 thousand ha). 18.6 KMT of…
Representatives of Azerbaijan, Iran, Kazakhstan, Russia and Turkmenistan met in Ashgabat to discuss a draft protocol on cooperation in safety of shipping in the Caspian Sea. The agreement creates a legal basis for cooperation between the parties in the fight against terrorism, organized crime, arms and drugs trafficking, smuggling, human trafficking, illegal immigration, as well…
Azerbaijan will supply 500,000 bottles of wine to China, the Economy Ministry said. The ministry said that the agreement on the supply was reached during the visit of an export mission of Azerbaijani entrepreneurs to Hong Kong and Guangzhou on November 9-15. During the visit, the Azerbaijani entrepreneurs took part in two international exhibitions of…
Total production at the Azeri-Chirag-Deepwater Gunashli (ACG) was on average 644,000 barrels per day (b/d) (over 176 million barrels or 24 million tons in total) in January-September, same as in January-September 2015, BP Azerbaijan has said. According to the BP Azerbaijan report, 53,000 b/d of that volume accounted for Chirag platform, 149,000 b/d – Central…
Azerbaijan is one of the important countries for Northern Cyprus in the field of tourism development, Fikri Ataoglu, Cypriot minister of tourism and environment, said. Ataoglu is expected to visit Azerbaijan on November 29. Northern Cyprus’s potential for tourism will be presented as part of the visit. The minister will be accompanied by a delegation,…
Board of Directors of the Asian Infrastructure Investment Bank (AIIB) plans to consider the allocation of a loan worth $600 million for the Trans Anatolian Natural Gas Pipeline (TANAP) project in March 2017, the AIIB reported. The AIIB said that the loan would be allocated for the Southern Gas Corridor CJSC. Azerbaijan is one of…