Tag Archives: Azerbaijan

IRIR is currently building a railroad from the Iranian Caspian port city of Astara to the border with Azerbaijan.

Iran-Azerbaijan railway is part of a larger national development project called the North-South Corridor.

The main purpose of the organization is to promote economic. technical and cultural cooperation among member states.

SOCAR drilled 11.150 meters in January 2017. as compared to 9.810 meters in the same month of 2016.

About 10% of our total electricity output comes from hydroelectric power stations

Azerbaijan and Iran are to increase air service between the two countries.

SOCAR suggested proposals to Iran on oil swap and this issue is being considered.

It is the first time Belarus has bought Iranian crude oil.

Some producers. notably Saudi Arabia. appeared to cut the oil output by more than originally agreed amount.

.Azerbaijan sells the oil supplied via the Baku-Novorossiysk pipeline through Russia’s Novorossiysk port