CESD incident with OCCRP&MeydanTV: how it evolved

CESD incident with OCCRP&MeydanTV: how it evolved. A few hours ago, MeydanTV has released audio-recording of an interview with Mr.Bayramov, head of Center for Economic and Social Development (CESD). Allegedly, the interview is for OCCRP local correspondent for the article ‘Mystery Company Quickly Wins More Than 120 Tenders’. But it is not. Although quite many points in the story needs to clarified. So, here is how all of this evolved. On 25th August 2015, OCCRP... Read More

CALL FOR PROCUREMENT MONITORING EXPERT

CALL FOR PROCUREMENT MONITORING EXPERT to prepare and present a webinar for civil society organisations in Eastern Partnership countries (Armenia, Azerbaijan, Belarus, Republic of Moldova, Ukraine) The aim is to provide 10 – 20 CSO analysts (likely numbers 10-20) with an enhanced understanding of public procurement processes and introduce them to the most effective approaches and methodologies for monitoring public procurement at the national, regional and/or local level, including... Read More

Shah Deniz gas export income decreased

Shah Deniz gas export income decreased “Azerbaijan’s income from export of gas and gas condensate within Stage 1 of Shah Deniz Project decreased by 36% to $189.5 million US this summer,” European website naturalgaseurope writes, quoting an anonymous source in the State Oil Company of Azerbaijan (SOCAR). According to web resource, the cause is the decline in world prices for oil and gas, and the increase in capital expenditures on Shah Deniz 2. At that, production... Read More

Russian radicals are targeting CESD

Russian radicals are targeting CESD Some modern Russians, whose ancestors fought the war against Nazis, are more chauvinist tempered, nowadays. No tolerance for alternative thinking and independent think-tanks. This is how we would comment the judgments on the Centre for Economic and Social Development (CESD) and its head Dr. Vugar Bayramov by ‘Pleskov – information portal for Slavs’. Full article in Russian is available at: http://pleskov.org/?p=3989 Claiming... Read More

Azerbaijani Oil Income in July 2015: Revenue declined by 23 %

Azerbaijani Oil Income in July 2015: Revenue declined by 23 % State Oil Company of Azerbaijan Republic (SOCAR) exported 1 million 448 thousand 753 tones oil in July 2015. SOCAR exported 167 thousand 711 tons of crude oil from Novorossiysk port, 84 thousand 736 tons of crude oil from the Supsa Port and 1 million 196 thousand 306 tons of crude oil from the Ceyhan Port in July 2015.In general, 845 thousand 757 tons of crude oil were exported from the Novorossiysk Port, 1 million... Read More

New Decline in the Azerbaijan’s currency reserves

New Decline in the Azerbaijan’s currency reserves The Central Bank of Azerbaijan (CBA) has reported that foreign currency reserves declined from $ 8.52 billion US in June 2015 to $ 8.43 billion US in July 2015. Decline of CBA currency reserves in July 2015 totaled $18.9 million US (-0.2%). In 2015 their fall is still $5.257 billion US (-38.2%). Since August 2014 they have fallen by $ 6.69 billion US (-44%). For comparison, CBA currency reserves reached $ 15.19 billion US (absolute... Read More

Standard and Poor’s: Azerbaijan ‘BBB-/A-3’ Ratings Affirmed On Strong External Position; Outlook Remains Negative

Standard and Poor’s: Azerbaijan ‘BBB-/A-3’ Ratings Affirmed On Strong External Position; Outlook Remains Negative S$P’s has published its new assessment for Azerbaijan. OVERVIEW • Azerbaijan’s external position remains strong and we forecast continued current account surpluses over 2015-2018, although weaker than in recent years primarily because of the decline in oil prices. • We are therefore affirming our ‘BBB-/A-3’ long- and short-term ratings... Read More