Iran’s new ambassador to Azerbaijan Republic on Friday stressed the need for promoting political and economic relations between the two countries. Upon arrival in Baku to start his mission as Iran’s new ambassador, Abbas Mousavi told IRNA, “I am very happy to start my work today in the neighboring, friend, …
Read More »Iran, Azerbaijan Explore Ways of Boosting Trade, Economic Cooperation
Iran Chief of Staff of Presidential Office Mahmoud Vaezi and Azeri Deputy Prime Minister Shahin Mustafayev, underlined on Monday that there is no obstacle on way of trade and economic cooperation between the two neighboring countries. During a phone conversation, the two officials underlined the need to share experiences to …
Read More »Total Investments in Azerbaijan’s Oil Sector Exceed $106 Billion
According to Azernews, ver $106 billion were invested in Azerbaijan’s oil sector in the period between 1995 and 2019, Energy Minister Parviz Shahbazov has said. During the period, out of $140 billion of foreign investments in Azerbaijan, $85 billion were attracted to the oil sector, Shahbazov said addressing the seminar …
Read More »Last Segment of Southern Gas Corridor under Completion
The Trans-Adriatic Pipeline (TAP), which is the final segment of the Southern Gas Corridor, envisaging the transportation of Azerbaijani gas to Europe, is under completion, Azerbaijani Energy Minister Parviz Shahbazov said, Trend reported. Shahbazov made the remark in Baku within the 14th Baku Summer Energy School at ADA University dedicated …
Read More »Azerbaijan Warns of Risks to Caspian Energy Exports from Conflict with Armenia
Elshad Nassirov, vice president of Azeri state energy company SOCAR, said on a conference call some of the energy infrastructure involved in shipping Caspian oil and gas to world markets is located in the vicinity of the current military operations. Fifteen servicemen from Azerbaijan and Armenia and one Azeri civilian …
Read More »Azerbaijan Moving Forward with Pilot Floating Solar Project
Azerbaijan’s Ministry of Energy is looking into local potential contractors to deliver a 100-kW pilot floating solar project on Boyukshore Lake, it said this week. The pilot project, named Knowledge Exchange and Technical Assistance on the Development of Floating Solar Panels System, is backed by the Asian Development Bank, which …
Read More »Iran, Turkmenistan, Uzbekistan Borders to be Reopened in Current Month Amid Pandemic
Borders of Iran, Turkmenistan and Uzbekistan will be reopened on June 1 which had been closed due to the outbreak of the novel coronavirus, also known as COPVID-19.
Read More »Iran’s Trade Exchanges with Azerbaijan, Turkey Underway Amid Pandemic
Iranian Minister of Roads and Urban Development Mohammad Eslami said that Iran’s trade exchanges with the two neighboring countries of Turkey and Republic of Azerbaijan are underway amid the coronavirus global pandemic.
Read More »Azerbaijan Offers Oil Producers Outside OPEC+ to Make Commitments
Azerbaijan’s Energy Minister Parviz Shahbazov has attended the informal video conference with the participation of several OPEC+ countries, the ministry told Trend. According to the ministry, the current state of the world oil market and the implementation of commitments since May have been discussed at the conference. During the discussions, …
Read More »Iran Ready to Transfer Experiences of Fight Against COVID-19 to Azerbaijan
Iranian President Hassan Rouhani referred to measures adopted in the fight against coronavirus and voiced Iran’s readiness to transfer experiences to friendly and neighboring countries.
Read More »