Day: May 11, 2023

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May 11, 2023 No Responses

Türkiye, Russia, Iran, Syria to form committee: Turkish FM

Foreign ministers of Türkiye, Russia, Iran and Syria has agreed to form a committee, Turkish Foreign Minister Mevlut Cavushoglu has said, stressing that a road map will be created together to normalize relations between Türkiye and Syria., Trend report...
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May 11, 2023 No Responses

Iran, Iraq ink oil cooperation agreement

An oil cooperation agreement has been signed between Iran and Iraq, Trend reports citing IRNA.The agreement was signed late on Wednesday in Baghdad between Iranian Oil Minister Javad Owji and his Iraqi counterpart Hayan Abdul Ghani in a ceremony attend...
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May 11, 2023 No Responses

Azerbaijan has highest consumer price growth among South Caucasus countries

In January-April this year, average annual inflation (as compared to the same period in 2022) in Azerbaijan made up 13.5%, that is by 0.3 percentage points less than a month earlier, the State Statistics Committee said. At that, in January-April last y...
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May 11, 2023 No Responses

Space startup partners with SpaceX to launch commercial space station

Vast, a startup backed by cryptocurrency billionaire Jed McCaleb, is aiming to launch a school bus-sized space station to orbit by late 2025 with some help from partner SpaceX, Elon Musk's rocket firm, Trend reports citing Reuters.The cylindrical space...
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May 11, 2023 No Responses

Terms of first gas production from “Absheron” once again clarified

Gas production from the "Absheron" gas field in the Caspian Sea was discussed on May 11 in Baku by Azerbaijan President Ilham Aliyev and "Total Energies" President for Exploration and Production Nicolas Terraz."The issue of starting production in the c...
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May 11, 2023 No Responses

Azerbaijan took no part in first international tender on joint gas purchases by European Union

The European Commission has announced the first international tender for the joint purchase of gas within the framework of the EU energy platform. Applications are accepted until May 15 due to gas supplies to the EU in June 2023-May 2024.According to t...
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May 11, 2023 No Responses

Earthquake in Iran felt in Azerbaijan’s Nakhchivan

A 4.0-magnitude earthquake has shaken Iran, Republican Seismic Survey Centerof Azerbaijan National Academy of Sciences said, Trend reports.The epicenter of the quake was located 30 km southwest of the Hyderabad station. The seismic center was located a...
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May 11, 2023 No Responses

Liquidation of companies specializing in import and wholesale of cigarettes announced

The voluntary liquidation was announced by three companies-key players in the segment of import and wholesale sales in the cigarette market in Azerbaijan before the appearance of the local monopolist manufacturer ("Tabaterra" CJSC) in 2017.Note that "K...
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May 11, 2023 No Responses

Hotels in Shusha city worked at loss in first quarter

The financial indices of hotels in the city of Shusha can be described as quite strange. Average price for overnight stay in hotels of the city is about 20 manats, whereas an official overnight stay in them is much more expensive.In the first quarter, ...
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