Transit Oil Transportation Via BTC Increased by Nearly 5%.

Baku: In January-October of this year, 32,127.8 thousand tons of oil were transported through Azerbaijan’s oil pipelines, marking a 3% decrease compared to the same period last year, Azerbaijan’s State Statistics Committee told APA-Economics. According to Azeri-Press News Agency, 75.3% of the transported oil was delivered via the Baku-Tbilisi-Ceyhan (BTC) pipeline, amounting to 24,180.3 thousand … Read more

Azerbaijan Allocates Over AZN 4.5 Billion to Oil and Gas Sector This Year.

Baku: Over AZN 4.5 billion has been allocated to Azerbaijan’s oil and gas sector in the initial ten months of 2024. According to Azerbaijan’s State Statistics Committee, as reported by APA-Economics, AZN 4,523.2 million was directed to this sector from January to October 2024. According to Azeri-Press News Agency, there has been a 9.1% decrease … Read more

Azerbaijan to Increase Minimum Wage to 400 Manats in 2025.

Baku: Next year, the minimum wage in Azerbaijan will be 400 manats, APA reports. This increase marks a significant development in the country’s economic policies and is expected to impact various sectors.

According to Azeri-Press News Agency, the dec…

Azerbaijan to Increase Minimum Wage to 400 Manats in 2025.

Baku: Next year, the minimum wage in Azerbaijan will be 400 manats, APA reports. This increase marks a significant development in the country’s economic policies and is expected to impact various sectors. According to Azeri-Press News Agency, the decision to raise the minimum wage has been reflected in the opinion of the Chamber of Accounts … Read more

President Ilham Aliyev Congratulates Sultan of Oman.

Baku: President Ilham Aliyev sent a congratulatory letter to Sultan of Oman Haitham bin Tariq Al Said, APA reports. The letter expressed President Aliyev’s sincere congratulations to the Sultan and the people of Oman on the occasion of Oman’s national holiday. According to Azeri-Press News Agency, President Aliyev extended his best wishes for the Sultan’s … Read more