Azerbaijan will be chairing Energy Charter Conference in 2020, the press service of the Ministry of Energy told AZERTAC. Azerbaijan launched is bid to chair Energy Charter Conference since the Southern Gas Corridor will be fully commissioned in 2020, which makes Baku the most appropriate venue for holding the event.

Azerbaijan`s Minister of Energy Parviz Shahbazov will participate in the 10th meeting of the OPEC + Joint Ministerial Monitoring Commitee ( JMMC) in Algeria.

Azerbaijan will be chairing Energy Charter Conference in 2020, the press service of the Ministry of Energy told AZERTAC. 

The tenth annual meeting of the International Forum of Sovereign Wealth Funds (IFSWF) is being held on 18-21 September in Morocco. The delegation headed by the Executive Director of the State Oil Fund of the Republic of Azerbaijan (SOFAZ) Shahmar Movsumov participates at the meeting. 

The price of the AZERI LT CIF oil, produced at the Azeri-Chirag-Gunashli block of oil and gas fields, amounted to $80.66 per barrel at the Italian port of Augusta on Sept. 18, or $0.75 more than on Sept. 17, a source in Azerbaijan's oil and gas market told Trend Sept. 19.

Turkish President Recep Tayyip Erdogan will meet with heads of 30 US companies, the Turkish media reported Sept. 19.

Prices for precious metals increased in Azerbaijan Sept. 19, according to the data published by the country’s Central Bank.

The issuance of payments on voluntary and compulsory motor insurance in Azerbaijan may be accelerated, Orhan Mammadov, first deputy chairman of the board of AtaInsurance company, told reporters in Baku Sept. 18.

Prices for precious metals increased in Azerbaijan Sept. 18, according to the data published by the country’s Central Bank.

The US will hold the first international business event in Uzbekistan, the Eighth Annual Central Asia Trade Forum, the press service of the US Embassy in Uzbekistan said in a statement.

The cost of bread has been reduced in Uzbekistan since Sept. 17, Uzbek media reported on Sept. 18.

Starting from October 30 this year, Azerbaijan Airlines (AZAL) will start Baku-Geneva-Baku flights.

Global oil prices edged up from early losses on Monday despite assurances from Washington that Saudi Arabia, Russia and the United States can raise output fast enough to offset falling supplies from Iran and elsewhere, Reuters reports.

The prices for precious metals decreased in Azerbaijan Sept. 17, according to the data published by the country’s Central Bank.

Turkish citizens and investors should trust the national currency, President Recep Tayyip Erdogan said, local media reported Sept. 14.

The prices for precious metals increased in Azerbaijan Sept. 14, according to the data published by the country’s Central Bank.

OPEC on Wednesday further trimmed its forecast for 2019 global oil demand growth and said the risk to the economic outlook was skewed to the downside, adding a new challenge to the group’s efforts to support the market next year, Reuters reports.

At the world markets, the price for WTI (West Texas Intermediate) crude oil stood at $79.39 per barrel.

The number of female students of Baku Higher Oil School (BHOS) has significantly grown. It has increased almost twice from 30 persons in 2012, which was the first year of students’ enrollment, to 57 persons in 2018 including three girls who earned 700 points at the entrance exams in the first specialty group. Two of them, namely Asra Bayramova and Sheker Gadirli, selected to study Information Security, a new educational course offered by BHOS for the first time this academic year.

Wine production in Azerbaijan in 2018 can grow by 50 percent compared to last year, chairman of the Association of Wine Producers and Exporters Elchin Madatov told Trend.

 
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