The Azerbaijani state oil company SOCAR is supplying liquefied natural gas to new buyers. “SOCAR will possibly start “pure trading” in the next five years”, Arzu Azimov, chief executive officer of Geneva-based Socar Trading, said. “Until then it will focus on projects that involve using LNG to generate power in nations from Africa to Southeast…
New Lifan cars will be assembled at the Nakhchivan Automobile Plant (NAZ), the plant’s Director Musa Abdullayev said. This issue was discussed during the talks in Baku between the plant’s Director Musa Abdullayev and Director General of Lifan International Sun Zejun. Four-wheel drive Lifan X7 sport utility vehicle (SUV) and a minivan for 11 people…
In order to attract tourists to Azerbaijan, the ministries of economy, finance, culture and tourism, the Civil Aviation Administration and Azerbaijan Railways CJSC have been instructed to take measures to organize new advantageous international routes and inform Azerbaijan’s president on the issue. The Ministry of Culture and Tourism has been instructed to prepare the general…
Azerbaijan will speed up the passage of foreigners and stateless persons through the border checkpoints with Russia, Turkey, Iran and Georgia, according to the decree signed by Azerbaijan’s President Ilham Aliyev on additional measures for developing tourism in the country. Jointly with the Foreign Ministry, State Customs Committee and the State Border Service, the Ministry…
The work within the Trans-Anatolian Natural Gas Pipeline (TANAP) project is underway in accordance with the plan, President of the Azerbaijani state oil company SOCAR Rovnag Abdullayev said. He said that there were no problems with the implementation of the project. “Partly, we are even ahead of schedule and 850 kilometers of pipes have been…
Azerbaijani state oil company SOCAR can provide Iran with its gas storage tanks, President of SOCAR Rovnag Abdullayev said. He said that the matter rested in small amounts of 1-2 billion cubic meters of gas. “Iran has problems with the gas supply to its northern regions in the winter months”, Abdullayev said. “The Iranian side…
Azerbaijan invites Iranian entrepreneurs to actively cooperate with local businessmen, said Azerbaijan’s Deputy Economy Minister Sahib Mammadov. Mammadov made the remarks during the Azerbaijani-Iranian business meeting in Baku. The meeting, organized by Azerbaijan Export and Investments Promotion Foundation (AZPROMO), was attended by more than 80 local and Iranian businessmen. Azerbaijani deputy minister said that Azerbaijan…