XRG, SOCAR and TotalEnergies are advancing a multibillion-dollar expansion of Azerbaijan’s Absheron gas-condensate field, with the second phase targeting about 4.5 billion cubic meters of gas annually.
Azerbaijan’s central bank expects the country’s current account surplus to reach $6.1 billion in 2026 and projects 2.4% growth in the non-oil economy.
Azerbaijan’s State Oil Fund plans to expand infrastructure investment with BlackRock and Global Infrastructure Partners after joint investments in Gatwick Airport and Italo.
Nakhchivan is expected to become Azerbaijan’s second region powered entirely by renewable electricity, with surplus energy available for domestic transmission or export.
By AZE.US
Shoppers say chicken fillet has become harder to find in some stores in Azerbaijan. According to those interviewed, shelves can be empty unless...
By AZE.US
An online loan taken out in someone’s name without their knowledge is not automatically canceled because fraud occurred. But whether that person must...
Commercial commitments between Azerbaijan and the United States have exceeded $8 billion and cover more than 10 signed agreements, Azerbaijani Foreign Minister Jeyhun Bayramov...
By AZE.US
Passengers in Baku say taxi fares have risen sharply on some routes, particularly during rush hour.
One passenger said a ride that previously cost...
Standard payment-card limits in Azerbaijan apply separately to each card product offered by each bank, rather than to a customer’s total number of cards,...
By AZE.US
Property listings in Azerbaijan increasingly use the phrase “paket kupça.” It can suggest that all the paperwork is in order, but the phrase...
The Baku-Tbilisi-Ceyhan oil pipeline and the Trans-Anatolian Natural Gas Pipeline provide reliable routes for uninterrupted energy transport, Turkish President Recep Tayyip ErdoÄźan said in...
Higher energy prices increased Azerbaijan’s net export income by an amount equal to 3.9% of gross domestic product, while Azeri Light crude rose to...
Azerbaijan has prepared draft amendments that could introduce long-term tax incentives from Jan. 1, 2027, for technology-park employees, startups, investors and highly qualified foreign...
Azerbaijan has proposed a legal framework for securitization that would allow creditors to receive money upfront for assets while requiring them to retain at...
President Ilham Aliyev discussed practical uses of artificial intelligence in green energy, cybersecurity and education with executives from Chinese and Italian companies on Sept....
Azerbaijan’s pomegranate harvest could rise 5% to 7% in 2026 from last year’s 187,137.4 metric tons, while initial purchasing prices in some regions are...
Azerbaijan’s draft 2027 state budget allocates 8.8 billion manats for defense and national security and 3.4 billion manats for reconstruction in Karabakh and East...
AzerGold plans four strategic mining projects requiring about 3.63 billion manats in investment and carrying a combined estimated economic value of 60.4 billion manats.
Board...
Azerbaijan and Uzbekistan have launched 10 joint investment projects worth a combined $389 million, including the construction of a network of SOCAR filling stations.
Jasurbek...
President Ilham Aliyev has declined to sign and returned to the Milli Majlis a bill providing incentives for Azerbaijan’s technology sector, proposing changes to...
By AZE.US
Azerbaijan’s Central Bank has issued a binding order to Rabitəbank after the lender failed to comply with a provision of the rules governing...
A two-month trial staggers start times at government offices in and around Baku. Employees are assigned to one of three schedules while the standard 40-hour workweek remains in place.
A Baku apartment overlooking the Formula 1 circuit is advertised for 1,500 manats a day during the Azerbaijan Grand Prix, compared with 170 manats on ordinary days.