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Tag Archives: Azerbaijan

Azerbaijan Demonstrates Transit Potential in Tbilisi

Baku-Tbilisi-Kars

Azerbaijan, a historical transit center of the Eurasian continent located at the crossroads of Europe and Asia, will demonstrate its transit potential in Tbilisi on February 12. The managers of railways of Azerbaijan, Georgia and Turkey will assemble in Tbilisi to discuss the construction of the Baku-Tbilisi-Kars railway, and adopt …

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BP expects gas output from Shah Deniz to remain high

BP expects gas output from Shah Deniz to remain high

BP expects production from Azerbaijani Shah Deniz field to continue at high level in 2016, BP’s Regional President for Azerbaijan, Georgia and Turkey, Gordon Birrell told in an interview to Natural Gas Europe. “Shah Deniz continues its good production delivery. In 2015, the field provided reliable deliveries of gas to …

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SOCAR to Increase Gas Supply to Georgia in Winter Season

SOCAR to Increase Gas Supply to Georgia in Winter Season

Azerbaijan’s state oil company SOCAR has reached an agreement with the South Caucasus Pipeline and Shah Deniz consortiums to increase gas supply to Georgia in winter seasons. SOCAR said it conducted talks based on an appeal from Georgia on assistance in optimizing gas supply from Azerbaijan. As a result of the …

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Davos’16: PM Meets Ilham Aliyev

Davos'16: Meeting with the President of Republic of Azerbaijan Ilham Aliyev

The face-to-face meeting of Giorgi Kvirikashvili and Ilham Aliyev was held within the frames of Davos World Economic Forum. Parties discussed good neighborly relations and plans concerning strategic cooperation between their respective countries. The Prime Minister of Georgia and the President of Azerbaijan emphasized once again their strong desire to …

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Georgian Entrée Expands Its Business Activities in Neighboring Markets

Entree

After Azerbaijan, the Georgian café network Entrée will open in other neighboring countries as well. CBW was told by Entrée co-founder Jean-Michel Charles. According to him, at this stage, market studies are under way after which it will be clear which countries a European-style cafeteria network based in Georgia will enter. …

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Azerbaijani Gas Supplies Can’t Solve the Gas Shortage of Georgia

Georgia Wants to Change Contract with Gazprom Azerbaijani

Azerbaijani gas supplies can’t solve the gas shortage problem Georgia faces today – Vice PM, Minister of Energy of Georgia Kakha Kaladze said. This statement was made at a meeting between PM Kvirikashvili, Kakha Kaladze and SOCAR representatives. According to Kaladze, both pipelines of SOCAR that provide Georgia with natural …

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Georgian Experts Predict the Outflow of Dollars from Georgia to Azerbaijan

Georgian Experts Predict the Outflow of Dollars from Georgia to Azerbaijan

Will the currency crisis in Azerbaijan create additional pressure on the Georgian national currency’s rate? The experts interviewed by CBW predict the outflow of dollars from Georgia to  Azerbaijan. The expert Emzar Jgerenaia assesses the situation as alarming and says  that panic in  Azerbaijan and demand for dollars will definitely affect Georgia. …

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Currency Crisis in Azerbaijan

Currency Crisis in Azerbaijan

The world met 2016 with declining prices of crude oil and depreciated currencies. Despite the fact that the first days of 2016 saw increasing prices for oil which are down by two-thirds since mid-2014, to form budget revenues relying on temporary price jumps would be a wrong step. To overcome the …

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Georgia Plans to Attract more Tourists from Azerbaijan

Georgia Plans to Attract more Tourists from Azerbaijan

Azerbaijanis spend about $200 per trip. In 2016, the Georgian government will launch a program to attract tourists from Azerbaijan. According to Oxu.Az, the due statement came from the press-center of Georgia Gaming Congress. Georgia’s legal casinos and reasonable prices attract the citizens of neighboring countries. In addition, the Georgians rent out …

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