SOCAR Turkey Energy has suspended implementation of Petkojen project (cogeneration unit), director general of the Turkish Petkim petrochemical complex Anar Mammadov said at the press conference.

Bakcell, The First Mobile Operator and Leading Mobile Internet Provider of Azerbaijan, is pleased to announce the start of new campaign in cooperation with the sole national postal operator of the country – “Azərpoçt” LLC, within the frames of the “Ulduzum” loyalty program. 

Global Finance magazine has published the ranking of the World’s Central Bankers 2016.

Azercell Telecom, the Leading Mobile operator in Azerbaijan communication market, supports the 42th World Chess Olympics held in our country. Starting from September 1, 176 countries of the world were registered for participation in International Olympian Games and totally 181 men and 142 women teams came to Azerbaijan for competition. This is the record in the history of Olympics for number of participating countries. Since Azercell has established exemplary Customer Service and Call Center in such an important event for our country, it ensures organization of call center through Chess Olympics. It is to note that, professional call center service will be provided for the first time in the history of all Chess Olympics and its arrangement is undertaken by Azercell Telecom. By this means, Azercell orients its broad experience and professionalism on successful implementation of this event in our country. It bears reminding that, Azercell Telecom established the first Call Center in the country which was available 24/7 and the first Regional Call Center in Ganja and became the first private company getting the EN15838 Customer Contact Center certificate in the region. So far, Azercell has supported different events and competitions held in our country, such as Eurovision Song Contest, European Games, I Children’s Paralympic Games and so on. Azercell has implemented several projects oriented to development of football, volleyball, gymnastics and children’s sport. 

At present, Azercell expresses is happy to support World Chess Olympiad, one of the sport competitions which covers more than 150 countries, about 3 thousand sportsmen and officials, and wishes success to Azerbaijan national team.  

BP, operator of the Azeri-Chirag-Gunashli (ACG) field development project in Azerbaijan, will implement a planned facility shut down (turnaround - TAR) on the Deepwater Gunashli platform in the Caspian Sea in September, BP reported Aug. 30.

SOCAR has clarified the order and decision#307 and 308 of the Cabinet of Ministers dated August 16.

Azercell Telecom - the leading mobile operator of Azerbaijan continues to extend the list of achievements in international business environment. The company had an honor of winning prestigious International Business Award Stevie in 3 nominations. Thus, Azercell was awarded bronze medals in “The Telecommunications Company of the Year” and “The Corporate Communications Department of the Year” nominations. At the same time, Sumax, the company established and operating under Barama Innovation and Entrepreneurship Center of Azercell, received a silver award in “The startup of the Year” nomination. 

Bulgaria’s Energy Minister Temenuzhka Petkova and Economy Minister Bojidar Loukarsky will visit Baku on Sept. 29-30 to take part in the 4th session of the intergovernmental economic cooperation commission, Bulgarian media reported Aug. 12.

Taking into account the growing demand of subscribers for fast and favorable mobile internet, Azercell Telecom - the leading mobile operator in Azerbaijan, has developed a new convenient way of using this popular service. The new option, presented recently has made the internet more user-friendly for the subscribers. Thus, as soon as the mobile data pack runs out, the subscriber will be directed to a special transfer page in order to continue data usage. The page will offer the subscriber three options to choose: update existing data pack, order larger data pack or use internet without data pack (1MB = AZN 0.05).  

3,898 workers are standing in a queue for house, including 442 people in regions, 3,456 in Baku, SOCAR told.

 Turkish large companies and holdings are interested in privatization process in Azerbaijan, chairman of Turkey-Azerbaijan Business Council Selcuk Akat said.

Total assets of Uzbekistan's commercial banks stood at 73.4 trillion soums as of January-June 2016, said the message from the country's Central Bank.

Official exchange rate of the US dollar and euro to Azerbaijani manat was set at 1.5662 manats and 1.7252 manats, respectively, on July 20.

Undersecretary of State in the Polish Economic Development Ministry Radoslaw Domagalski-Labedzki will visit Baku on Sept. 25-26, said Poland’s Ambassador to Azerbaijan Marek Calka.

The State Oil Fund of Azerbaijan (SOFAZ) sold $50 million to 29 banks through an auction held by the Central Bank of Azerbaijan (CBA), SOFAZ said July 19.

 “No problem is occurred in the projects we implement”, SOCAR President Rovnag Abdullayev said.


 Oil price will rise up to $60 by the end of the year, SOCAR President Rovnag Abdullayev said.

Azerbaijan's state oil company SOCAR will additionally produce more than 12.77 million cubic meters of gas and 36,500 tons of oil per year as it has put into operation a new well in the Caspian Sea, said SOCAR in a message June 10.

Vahid Mursaliyev, CEO of Azercell Telecom LLC, was awarded with the honorary title of academician of Global Communications Academy operating in the auspices of United Nations Organization (UN) and headquartered in Moscow, Russia. Mr. Mursaliyev received a special diploma for accomplishments in information and communication technologies. The diploma was presented by Siruz Abbasbeyli, member of Global Communications Academy Presidium and the president of Azerbaijani branch of the Academy, and former minister of communications at the meeting in Azercell head office. Siruz Abbasbeyli pointed out great inputs of the company to the development of communications sector and the importance of successful projects. Mr. Abbasbeyli wished Azercell to remain as a leading mobile operator in the country. 

Mr. Mürsəliyev expressed his deep gratitude to the Presidium of Global Communications Academy and personally Siruz Abbasbeyli for the award.  

Bakcell, The First Mobile Operator and The Leading Mobile Internet Provider of Azerbaijan, is pleased to announce the appointment of Mr. Nikolai Beckers as the company’s new Chief Executive Officer. 

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