Chirag Oil Project to launch production next year

Chirag Oil Project to launch production next year Construction work is under way in accordance with Chirag Oil Project and the production within this project is expected to launch in 2013. To date, the field has produced 1.9bn barrels of oil, according to BP, Gun,Az reported. Currently, Azeri, Chirag, Darinsulu Guneshli oil field produces 750,000 barrels of oil per day. Note that the oil production the Chirag section of the field was launched in 1997. In the second stage,... Read More

Azerbaijan Economy in 2011

Azerbaijan Economy in 2011 Government of Azerbaijan (GoA) failed to achieve economic growth forecast for 2011. According to the State Statistic Committee Gross Domestic Product  (GDP) increased by 0.1 % and reached to 50.10 billion manat ($ 64,23 billion) in 2011 although th GoA projected 3,8 % growth for last year.  The State Committee reported that GDP per capita without PPP was 5530.6 manat ($ 7003, 4) in 2011.  According to State Committee inflation rate was 7,9 % in... Read More

CESD Ranked As One Of The Top Think Tanks In The World in 2012

CESD Ranked As One Of The Top Think Tanks In The World in 2012 The University of Pennsylvania ranked CESD among top fifty worldwide think tanks The University of Pennsylvania’s (UPenn) Think Tanks and Civil Societies Program announced rankings of the leading public policy research organizations in the world in their annual Global “Go-To Think Tanks” report. The presentation of the report took place at the United Nations Headquarters in New York on January,... Read More