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Weekly Azerbaijan Business Monitoring: May 2019 (2)

11 December 2019
70 AZN 40 USD 35 EUR

Last week review

Cost of regional project on tobacco growing development in Azerbaijan disclosed
Azerbaijani, Russian railways sign memorandum
Hundreds of Azerbaijani women entrepreneurs receive financial support through self-employment program
President Aliyev: Opportunities in railway sector to contribute to expanding co-op between Azerbaijan, Russia
Ankara, Baku & Moscow to ink MoU to develop cargo transportation via BTK
Azerbaijani president, first lady inaugurate Gobustan branch of Azerkhalcha OJSC
Azerbaijani company to expand glass production
Ganja factory plans to expand exports to CIS
About quarter of concessional lending mastered by Azerbaijani businesses in 2019
IFC invests $500M in Azerbaijani private sector
IFC to help improve agribusiness competitiveness in Azerbaijan
Finland encourages Azerbaijan to work actively towards accession in WTO
Exporters in Azerbaijan may get new preferences
Azerbaijani beekeepers to receive subsidies worth about 1M manats

Azerbaijani oil prices

Dynamics of monetary market of Azerbaijan

Major events in caspian countries' oil and gas industry for last week

How much foreign companies invested in Azerbaijan’s oil & gas sector?
New stage begins in drilling at Azerbaijan’s Absheron field
Volume of oil products sales from Star Refinery announced
Azerbaijan starts jet fuel supply to new Istanbul airport
UAE eyes to cooperate with Azerbaijan in field of alternative energy
When will Azerbaijan start exporting carbamide fertilizers?
Re-contracting of Azerbaijan project vessels helps Topaz Energy to increase EBITDA margin
Saipem continues operation in Azerbaijan through Saipem Contracting Netherlands B.V.
Azerbaijani company starts developing plan for project to reconstruct oil refinery in Baku
IAP company should be established in following next months

Weekly economic review

Consortium to introduce blockchain technology created in Azerbaijan
IFC positively assesses reforms in Azerbaijan
One of powers of Chamber of Accounts of Azerbaijan revoked

Last week’s laws, orders and decrees in Azerbaijan

Azerbaijani president allocates funds to build school in Gobustan
Azerbaijani president allocates funds for construction of highway in Gobustan

Weekly actual topics in Azerbaijan

What factors will affect oil market by end of year?
Analyst: OPEC can soften terms of deal on cutting oil production