EU wants ambitious and long-term solution to Southern Gas Corridor

EU wants ambitious and long-term solution to Southern Gas Corridor The European Union wants an ambitious and long-term solution to the Southern Gas Corridor and wants to see unified transportation framework for the shipping the Shah Deniz-2 gas, off other prospective Azerbaijani gas and eventually also Turkmen gas in the future, head of the EU delegation to Azerbaijan, Ambassador Roland Kobia said at a press conference in Baku on March, 06, 2012. Kobia... Read More

Azerbaijan Economy in 2012; expectations and challenges

Azerbaijan Economy in 2012; expectations and challenges Official forecasts for Azerbaijani economy in 2012 seem quite optimistic. According to Ministry of Economic Development reports although downturn in world economy. The Government of Azerbaijan (GoA) targets 5,7 % GDP Growth in 2012 meanwhile The Central Bank’s monetary policy is announced keeping inflation to single digits. Meanwhile, International Monetary Fund (IMF) projected at 7,1 % Azerbaijan’s... Read More