Azerbaijan should diversify its economy to secure sustainable development

Azerbaijan should diversify its economy to secure sustainable development To secure sustainable development, Azerbaijan should diversify its economy by developing the non-oil sectors, World Bank (WB) experts said in Baku on August, 10, 2011. The experts see greater perspectives for Azerbaijan in agricultural field. According to WB experts, the country’s education system needs institutional reforms. They said that “the draft law on competitiveness is currently under discussion... Read More

Bids for Azerbaijani Gas

Bids for Azerbaijani Gas State oil company SOCAR has asked for final proposals from the three main pipeline projects bidding to export Azerbaijani gas to Europe.  SOCAR made the request in its capacity as leader of the group negotiating the export of gas produced as part of Stage 2 of the development of the giant Shah Deniz deposit, SOCAR said in a press release. “SOCAR sent the request for information to the groups dealing with the ITGI Poseidon (Interconnector Turkey-Greece-Italy),... Read More