Azerbaijan: SOCAR sticks to DESFA deal

Azerbaijani state oil company SOCAR is not going to abandon the purchase of a share in the Greek gas operator DESFA, President of SOCAR Rovnag Abdullayev said. “We won the tender and we’re not going to abandon the deal [with DESFA]”, Abdullayev said. “We don’t talk about appealing to a court, but we will defend…

Azerbaijan: SOCAR to export LNG

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…

Azerbaijan: new Lifan cars to be assembled

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…

Azerbaijan to open new flights to attract tourists

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: passing through checkpoints to be eased

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…