Roads in Azerbaijan: the most expensive in the world

Roads in Azerbaijan: the most expensive in the world An average cost of one kilometer of road is about $ 18 million in Azerbaijan- said Vugar Bayramov, the chairman of the Center for Economic and Social Development (CESD), in his interview with newspaper “Echo”. He mentioned that, terms of such spending, Azerbaijan is the leader among the CIS countries, Europe and USA; roads in Azerbaijan are the most expensive in the world. Bayramov’s statement eloquently confirmed... Read More

SOCAR explorates perspective structure in Caspian Sea

SOCAR explorates perspective structure in Caspian Sea The State Oil Company of Azerbaijan (SOCAR) continuous three-dimensional geophysical exploration for Bahar Energy Limited on the area between the Bahar-2 perspective structure and Gum Deniz field in the Azerbaijani sector of the Caspian Sea, source at SOCAR said on Friday. According to him, despite the fact that from time to time it becomes difficult to carry out research due to weather conditions, the work in this project... Read More

New Visions for Hard Times. 22nd Economic Forum in Krynica, Poland

New Visions for Hard Times. 22nd Economic Forum in Krynica, Poland Europe is facing one of the most serious crises in its post-war history. The current model of integration and economic system need substantial reforms. Economic growth or increasing debts – that’s the dilemma that has to be confronted by the European governments and nations. The concept of a secure and prosperous Europe, based on the unity and cooperation of the countries, still seems to be attractive.... Read More