Oil, Gas and Media conference to start in Baku

Oil, Gas and Media conference to start in Baku The International Press Institution with partnership local and international partners including Center for Economic and Social Development (CESD), Azerbaijan hold Oil, Gas and Media Conference in Baku from September 18th to 20th, 2012 More than 200 press representatives, including Azerbaijani journalists will join the conference- the organizers reported.  Oil specialists, scientists and media representatives of 27 countries have... Read More

Dramatic Decreasing in Azerbaijan Industry

Dramatic Decreasing in Azerbaijan Industry Industrial production fall 3,3 % and oil sector down 5,4 % 23.0 billion manat products were produced in industrial sector of Azerbaijan in the first 8 months of 2012. Industrial production decreased by 3,3 % in this period compare the same stage in 2011. Meanwhile, the State Statistical Committee reports that production in non-oil sector grew by 7.9%, while production in oil sector dropped 5.4%. GDP increased only 1,3 % in this period.... Read More