2-06-2017, 10:56,

President of the Republic of Azerbaijan Ilham Aliyev has today attended the sail away of the first topsides unit built for the Shah Deniz Stage 2 platforms.

Category: Flash / Economy / Oil production


19-12-2016, 09:15,

Forbes publishes article about Baku-Tbilisi-Kars rail lineForbes has published an article titled " Reconnecting Asia: The Story Behind The Emerging Baku-Tbilisi-Kars Rail Line”.

Category: Flash / Economy / Oil production


20-09-2016, 14:08,

SOFAZ invests in EBRD EPF FundThe State Oil Fund of the Republic of Azerbaijan (SOFAZ) has made an investment commitment in the amount of EUR 100 million in a first closing of the Equity Participation Fund (EPF), a debut fund managed by the European Bank for Reconstruction and Development (EBRD).

Category: Flash / Economy / Oil production


19-08-2016, 08:55,

Azerbaijani SOFAZ’s yield from big oil project nears $120BRevenues of the State Oil Fund of Azerbaijan (SOFAZ) from the project of development of the Azeri-Chirag-Gunashli (ACG) block of oil and gas fields totaled $119.779 billion from 2001 to Aug. 1, 2016, SOFAZ told Trend.

Category: Flash / Economy / Oil production


16-10-2014, 15:04,

Azerbaijan has strong moral, cultural, scientific and economic potential, a favorable geographical-political position, and it is particularly famous for the rich natural resources. Oil occupies an important place among these reserves. The oil industry of Azerbaijan has a 150-year history. Nevertheless, the people of Azerbaijan were only able to begin a wide-scale utilization of these reserves in the late 20th century.

Category: Economy / Oil production




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