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Weekly Azerbaijan Business Monitoring: August 2019 (1)

17 September 2019
70 AZN 40 USD 35 EUR

Last week review

Azerbaijan ready to launch passenger transportation via Baku-Tbilisi-Kars route
Azerbaijan prepares for production of new model of Peugeot cars
Reforms stimulate development of innovative entrepreneurship in Azerbaijan
Number of trainings for female entrepreneurs to increase in Azerbaijani districts
WHO: Azerbaijan taking important steps to strengthen health care system
Number of DOST centers to increase in Azerbaijan
Azerbaijan establishes association of sapling producers
Revenues from BSTDB’s AZN bonds to be directed to development of Azerbaijan’s SMEs
Azerbaijani president receives credentials of incoming Omani ambassador
EBRD discloses volume of loans for implementation of green projects in Azerbaijan

Azerbaijani oil prices

Dynamics of monetary market of Azerbaijan

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

SOCAR AQS completes works on construction of exploration well at West Absheron Field
Laying flow line for Absheron field to start in Q4 2019
Drilling at Azerbaijan’s Karabakh field to start by year-end
BP talks on plans for near future
Zenith Energy to spend $3.5 M for upgrading work at Azerbaijani fields
Azerbaijan's ACG among top 5 projects shaping BP's future dev't plans
Zenith Energy downs oil sales from Azerbaijani assets
Zenith Energy starts well deepening operations at Azerbaijan’s Jafarli field
SOCAR increases exports of oil, petrochemical products by 48%
BP talks on plans for near future
Number of oil producer wells increases at ACG
BP reveals volume of capex on South Caucasus Pipeline
Zenith Energy to raise proceeds for well deepening onshore Azerbaijan

Weekly economic review

Central Bank of Azerbaijan, Visa sign memorandum of understanding
Chairman of CBA: Inflationary expectations low in Azerbaijan
BSTDB becomes first international financial institution to issue manat bonds
Chairmen of expert groups of Azerbaijani Association of Banks elected
Azerbaijani Taxes Ministry talks on importance of strict accountability for agricultural sector development

Last week’s laws, orders and decrees in Azerbaijan

Azerbaijani president allocates funds for construction of road in Salyan
Azerbaijani president allocates funding for construction of road in Agdash

Weekly actual topics in Azerbaijan

Minister: Trade ties - important area of ​​Azerbaijan-France co-op
Wood Mac: Closure of Strait of Hormuz would lead to rapid depletion of existing stocks
Share of private sector in Azerbaijan's non-oil economy very high: minister
Azerbaijani minister talks improved situation in districts within 15 years