BP on behalf of its co-venturers in the projects that it operates – the Azeri-Chirag-Gunashli (ACG), Shah Deniz, Baku-Tbilisi-Ceyhan (BTC) oil export pipeline and the South Caucasus Pipeline projects, – has announced its support for the establishment of the first big data, data sciences Instruction and research center in Azerbaijan. The project is part of…
Customs control measures undertaken by the Baltic Customs have uncovered a scheme used to take marine bunker fuel stated as stores outside the territory of the Eurasian Economic Union without payment of customs dues. According to the press center of the Baltic Customs, over 12,000 tons of fuel was exported through the scheme. According to…
As of October 1, the general production of spring grains and pulses in Russian agricultural organizations reached 110.6 million tons in bunker weight, up by 16.2% YoY, the Federal State Statistics Service of the Russian Federation (Rosstat) announced. According to the announcement, the agricultural organizations, which concentrated 67.9% of the whole planted areas under grains…
In January-September Azerbaijan increased export of agricultural products by 31.9% YoY, the country’s Deputy Minister of Agriculture Seyfaddin Talibov said. He said that about 90% of agricultural products of Azerbaijan was exported to Russia. “We hold 11th place among exporters of agricultural products to Russia”, Talibov said. “2.7% of Russian imports of fruit and 3.5%…
Entrepreneurs will be able to take part in at least 5 international exhibitions in 2017 through the line of Azerbaijan’s Economy Ministry, the country’s Economy Minister Shahin Mustafayev said. Mustafayev said that in 2017, Azerbaijani businessmen would be able to showcase their products at exhibitions in Dubai (UAE), Moscow (Russia), Habsburg (Switzerland) and Dusseldorf (Germany).…
Azerbaijan plans to increase the share of alternative and renewable energy sources in the country’s energy balance to 20% by 2020, Head of Azerbaijan’s State Agency for Alternative and Renewable Energy Akim Badalov said. He said that currently the share of alternative energy in Azerbaijan was 16%. “By 2020, we plan to increase this figure…
As many as 50 inspections of business activities were carried out in Azerbaijan in January-September, while the figure was 50,000 for the first nine months of last year, the country’s Economy Minister Shahin Mustafayev reported. “Recently, Azerbaijan’s President Ilham Aliyev has taken very significant steps to promote entrepreneurship, support local production and promote non-oil exports”,…