Minister: SOFAZ Investments in Italy Approach $3 Billion

Baku: The market value of the investment portfolio of the State Oil Fund of Azerbaijan (SOFAZ) in Italy stands at $2.8 billion, Azerbaijan’s Minister of Energy Parviz Shahbazov said during his speech at the 6th meeting of the Azerbaijan-Italy Intergov…

Azerbaijani Delegation Joins Turkic Week in Vienna

Vienna: A delegation of Azerbaijan led by Samir Sharifov, Deputy Minister of Foreign Affairs, joined the Turkic Week in Vienna, Austria. Running from January 12 to 15, the event is organized by the Organization of the Turkic States (OTS), as well as t…

Azerbaijani Oil Prices See Slight Increase

Baku: Azerbaijan’s Azeri Light (CIF) crude oil has risen in price on global markets. The price of one barrel of Azerbaijani oil increased by USD 0.03, or 0.04%, to USD 68.54.

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