Last week review (Nov. 18-22)

Nov. 18

Azerbaijan, Ukraine sign five documents

Bilateral documents were signed in Kiev, in presence of Viktor Yanukovych and Ilham Aliyev, the official website of the Ukrainian President reported.

President of Azerbaijan Ilham Aliyev and President of Ukraine Viktor Yanukovych have signed the Protocol of the IV Session of the Council of Presidents of Ukraine and the Republic of Azerbaijan, which lays down the results of the discussion of the main issues of Ukrainian-Azerbaijani bilateral relations agenda, particularly the conditions and prospects for the development of political dialogue, cooperation in trade, economic, fuel and energy spheres, as well as the arrangements achieved following the session of the Council of Presidents.

Additionally, in presence of the presidents, bilateral documents were signed.

Nov. 19

Minister: Ghana interested in energy sector cooperation with Azerbaijan

Ghana is interested in using the experience of Azerbaijan in the energy sector, Minister of Energy and Petroleum of Ghana, Emmanuel Armah Kofi-Buah said at a meeting with the Minister of Industry and Energy of Azerbaijan Natig Aliyev.

During the meeting, Aliyev said that Azerbaijan is always ready to support projects aimed at expanding cooperation. In particular the proposals from Ghana will be carefully studied and considered.

Azerbaijan, Iran discuss financing of Qazvin-Rasht-Astara railway

Azerbaijan and Iran have discussed the financing of the Qazvin-Rasht-Astara railway project.

According to the statement, a meeting held in the city of Rasht was attended by the Azerbaijani Ambassador to Iran Javanshir Akhundov, the representative of Azerbaijan Railways JSC and other officials.

The meeting mainly discussed the form of Azerbaijan's participation in the financing of the Qazvin-Rasht-Astara railway.

Nov. 20

Azerbaijan invests over $500 million in alternative and renewable energy development

Over $500 million was invested in the development of alternative and renewable energy sources in Azerbaijan from 2010 to 2013, Chief Power Engineer of Azalternativenerji Ltd. Tahir Jafarov said at the second session of the Expert Group on Alternative Energy of Economic Cooperation Organisation (ECO).

A draft national strategy for the development of alternative and renewable energy sources till 2020 which is currently being agreed on, was worked out within the development of alternative energy in the country, he said.

According to Jafarov, the strategy envisages identification of the main directions of thermal energy production from renewable energy sources (RES), the creation of the legal framework in this sphere, arrangement of events on the use of renewable energy sources, as well as the use of renewable energy sources in economic spheres.

SOCAR plans to put new processing complex into operation by 2026

The State Oil Company of Azerbaijan (SOCAR) plans to put the new 'Oil and Gas Processing and Petrochemical Complex (OGPC) into operation and to start production there in 2023-2025, SOCAR vice-president for processing, David Mammadov, who attended the meeting of the Caspian European Integration Business Club (CEIBC), said.

Nov. 21

UK PM's Trade Envoy: Azerbaijani-UK trade and investment relations are strong

The trade and investment relations between Azerbaijan and the United Kingdom are very strong, UK Prime Minister's Trade Envoy to Azerbaijan, Charles Hendry said at a press conference during his visit to Baku.
According to Hendry, the United Kingdom is responsible for more than half of the foreign direct investment into Azerbaijan's oil and gas sector.

"But even in the non-oil and gas sector, the UK is the biggest source of investment into Azerbaijan," Hendry said.
Hendry noted that he had got familiarized with the White City project in Azerbaijan and said there are companies in the UK who would like to take part in such projects.
According to Hendry, Azerbaijan is keen to develop tourism industry and British companies could also be part of this process.

Azerbaijan, Belarus sign bilateral documents

Following the expanded meeting between Presidents Ilham Aliyev and Alexander Lukashenko, Azerbaijan and Belarus have signed bilateral documents.

Presidents Ilham Aliyev and Alexander Lukashenko signed "Joint Declaration of President of the Republic of Azerbaijan and President of the Republic of Belarus".

Azerbaijan reports 142 more COVID-19 recoveries
Azerbaijan reports 142 more COVID-19 recoveries
AzTV will investigate historical assasinations (PHOTO)
AzTV will investigate historical assasinations (PHOTO)
Bakcell launches internet package for online education and work
Bakcell launches internet package for online education and work
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Conversations ongoing on potential projects between Turkmenistan, UK
Uzbekistan’s fiscal policy to continue supporting economic recovery - Fitch Ratings
Payment card turnover in Azerbaijan continues to grow
Azerbaijan’s crude oil export to China up
Hungary eyes including Azerbaijani gas in country’s future energy mix
Azerbaijani market of great interest to Russian Perm region's business circles
Azerbaijan reports 142 more COVID-19 recoveries
Azerbaijan discloses volume of foreign trade operations with Russia in Jan. 2021
Azerbaijan to use new 'cloud' technologies in audit during 2021 - Chamber of Auditors
Volume of loans issued by Georgian commercial banks down
Uzbek-Korean JSC announces tender for transport services
OSCE ready to deploy mediation missions for sustained peace in Azerbaijani liberated territories - president
CNPC in Turkmenistan opens tender for provision of gas leakage detection services
Fitch projects share of state-owned banks in Uzbekistan to reduce
"Sign of Khojaly" film demonstrated within "Justice for Khojaly" campaign (VIDEO)
OIC SecGen pays tribute to those who lost their lives in Khojaly genocide
Reconstruction of Azerbaijan’s liberated lands to deepen economic co-op with Hungary
Moderna sees $18.4 billion in sales from COVID-19 vaccine in 2021
Swiss agriculture technologies to be introduced in Kazakhstan's Almaty
Tesla short-sellers sitting on $3.5 billion weekly profits
Azerbaijani FM receives Pakistani FWO's Director General (PHOTO)
Resident of Azerbaijan's liberated Jabrayil district injured as result of mine explosion
Georgia creating new council to develop state enterprise reform strategy
Uzbekistan approves investment agreements on construction of wind farms in Bukhara region
Iran's raw steel exports shrink
Dutch company sets up concrete production plant in Uzbekistan’s Tashkent region
Georgian Railway to resume passenger transportation
Azerbaijan records growth of debit cards in January 2021
Azerbaijani company signs contracts for transportation of aluminum products to Turkey
Russia increasing supplies to Turkey along BTK railway
Main share of Czech investments in Georgia falls on energy sector
Oil refining volumes decrease in Kazakhstan year-on-year
Azerbaijan communications ministry working on stabilizing Internet in districts
Azerbaijan’s Azerishig, MERKABA-SOFT companies sign contract
Payments of Azerbaijani insurance companies double
Data on cotton yarn sales on Turkmenistan’s exchange in Jan.2021
Kazakhstan's national oil&gas company reports lower annual oil transportation volumes
Kazakhstan's KazMunayGas sees decrease in 2020 oil extraction
Azerbaijan sees Jan.2021 growth of national currency deposits in local banks
Georgia plans to hinder construction of plastics recycling plant in Kutaisi FIZ
Iran reveals COVID-19 data for February 25
AzTV will investigate historical assasinations (PHOTO)
Kazakhstan eyes to host meeting of Turkic Council countries' energy ministers in 2022
Zarif urges South Korea to release Iran's blocked assets
UK eager to restart U.S. talks on tariff removal
Saipem expects capex to rise in 2021
Central Bank of Azerbaijan announces winner of tender for survey on household plans
Central Bank of Azerbaijan shares data on revenues of Azerbaijani insurance companies
Number of trucks crossing through Iran's Jolfa border checkpoint revealed
German companies eye 'green economy' dev't projects in Kazakhstan
Kazakh investors interested in several sectors of Turkish economy
Assets of pawnshops and microcredit organizations in Uzbekistan increase
Kazakhstan's major copper company reveals its 2021 production guidance
Turkey's activity on Turkmenistan’s exchange in Jan.2021
Azerbaijani president takes part in ceremony of providing families of martyrs, disabled with apartments (PHOTO)
Details of import-export via Iran's Bushehr Province announced
President Ilham Aliyev attends opening of Shaghan Rehabilitation Pension (PHOTO)
KAZ Minerals provides update on Baimskaya Project in co-op with Russia
Military coup attempt in Armenia - PM inviting supporters to Republic Square
Uzbek agriculture ministry to create system to monitor irrigated lands
Pashinyan dismisses head of General Staff
Armenian General Staff demands Pashinyan's resignation
Azerbaijani banks' foreign currency demand down
Azerbaijan privatizes several district public properties via auctions
Turkmenistan prepares to host transport conference for landlocked developing countries
Bakcell launches internet package for online education and work
Iran starts exporting products from Tombak port
Georgian PM appoints Vice PMs
Extraction from Iran's South Pars gas field exceeds plan
Kazakhstan's KAZ Minerals reports increase in revenues
TOP-5 trading partners of Azerbaijan in Jan. 2021
Georgia to extend grace period for auto importers
Saipem’s capex down, net financial debt up in 2020
Kazakh national atomic company's subsidiary opens tender to repair vehicles
Saipem sees decrease in revenues due to slowdown of projects
Barclays lifts 2021 oil price outlook on tighter U.S. supply view
Azerbaijani MFA comments on statements by Luxembourg's FM
Khojaly genocide - heaviest crime of last century, says Turkish Parliament's chairman
Turkey records more revenue from Jan.2021 car exports to France
Uzbekistan eyes purchasing helicopters from Airbus
Turkey always next to Azerbaijan - speaker of Turkish Parliament
Volumes of agricultural products export in Turkmenistan’s Lebap region revealed
Annual profit margin of Georgian banks increases
Azerbaijan's export of plastics over Jan. 2021 shows substantial growth
Iranian parliament shares grief of relatives of victims of Khojaly tragedy
Upgrading of Internet equipment in Azerbaijan's Khachmaz district continues - Ministry
Uzbekistan to fund introduction of drip irrigation technology for cotton growing
Europe’s gas trade to decline to 450 bcm by 2050
Kazakh gas producing company opens tender to buy spares for wells repair
Turkmenistan to send cargo flight to Turkey
Kazakhstan boosts mutual trade with Germany amid COVID-19
Ukrainian companies eye creating logistics center in Turkmenistan’s seaport
Chip shortage leads Japan automakers to post 4.5% slump in January global output
Georgia sees decrease in COVID-19 cases
Direct impacts of COVID-19 on gas market to be evident through to 2030
Baku Higher Oil School, Stockholm University to start training cybersecurity specialists
Aston Martin expects better 2021 sales after deep losses
Kazakhstan's expenses for importing Turkey-made steel grow in Jan.2021
IGB can be extended to eastern, northeastern Europe
Iranian president inaugurates Abyek-Varamin Highway
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