SOCAR Announces Details of Sumgayit Plant Explosion

Sumgayit: SOCAR has issued a statement regarding an explosion at the Ethylene-Polyethylene Plant of the ‘Azerikimya’ Production Union, which occurred on May 20, 2025, at approximately 12:00 PM. The incident took place in the synthesis area of the prod…

Azerbaijani Oil Price Nears $68

Baku: The price of Azeri Light (CIF) brand Azerbaijani oil has increased on world markets. The price of one barrel of Azerbaijani oil rose by USD 0.48 or 0.71%, reaching USD 67.62.

According to Azeri-Press News Agency, the previous price of Azerbaij…

Azerbaijan’s Foreign Trade Turnover Surges by Over 24%

Baku: Azerbaijan’s foreign trade turnover experienced a significant increase in the first four months of 2025, amounting to 16.9176 billion US dollars. This marks a 24.1% rise compared to the corresponding period of the previous year.

According to A…