Economic Development in Azerbaijan

[Azeri440]

Israel wants to export gas together with Azerbaijan

The gas sector can become the main direction of cooperation between Azerbaijan and Israel.

Yesterday in Baku Israeli Prime Minister Benjamin Netanyahu stated that “we are talking not only about the sale of oil, supplied by Azerbaijan to Israel and which is the key part of our country’s oil import, but also about our joint ventures for export of natural gas”.

"Speaking here today, we’re talking about the connection of Israel’s gas import to a large pipeline from Azerbaijan to Turkey, the construction of which is ongoing. This is a direction which can undoubtedly strengthen the economy of both countries. I think this will be even a more important achievement," Netanyahu said.

http://abc.az/eng/news/100770.html

aside from economic benefit, the project would also strengthen Israeli and Turkish relations

@DavidSling @Mountain Jew

 

[19887]

It will be very very good for israel azerbaijan and turkey.
how it is gonna work?

 

[Azeri440]

It will be very very good for israel azerbaijan and turkey.
how it is gonna work?

underwater pipeline that would connect to TANAP and goes to Europe

 

[OguzSenturk]

Israel was planning to export it's gas to EU via Turkey, but now they are talking about importing gas from Azerbaijan via Turkey.. What?

 

[xenon54 out]

Israel was planning to export it's gas to EU via Turkey, but now they are talking about importing gas from Azerbaijan via Turkey.. What?

For us it make no difference in which direction the gas flows but its indeed strange, why would Israel import Gas when it wants to export?

 

[-SINAN-]

Israel was planning to export it's gas to EU via Turkey, but now they are talking about importing gas from Azerbaijan via Turkey.. What?

No.

Israel wants to export gas together with Azerbaijan

 

[Azeri440]

Baku Steel Company and Danieli Group Gianpietro Benedetti have reached an agreement on creation of
metallurgical complex in Sumqayit. The project is worth 1.2 billion euros, will consist of five plants and will provide permanent employment to 1200 people. The project is aimed at feeding the growing demand for steel products in Azerbaijan. Similar project will also be built in Ganja, but in a bigger scale.

http://www.trend.az/business/economy/2700332.html

 

[Azeri440]

GPC alone is projected to create half a trillion of revenue through decades of its operation, generating approximately 150 - 200 billion in profit. Together with Petkim and Petrochemical projects in Azerbaijan, SOCAR will be receiving double digit profit annually in petrochemical sector alone.

SOCAR signs licensing agreements within GPC project

Azerbaijan’s state energy giant SOCAR signed licensing agreements with such companies as Technip, Univation Technologies, Axens and Sinopec Tech as part of the project on construction of Gas Processing and Petrochemical Complex (GPC) in Azerbaijan.

Under the agreement, SOCAR will get a license on the use of relevant technologies provided by the companies, while licensors, in turn, will provide certain engineering and design solutions for the project.

The financing of the project will be carried out within the Chinese Silk Road Economic Belt project.

SOCAR launched the GPC project to maximize added value of the upstream-midstream-downstream oil and gas chain and create a cutting-edge standard processing industry in Azerbaijan.

The primary purpose of the project is to provide the end users in the country with purified natural gas and ensure production of high value added polymers. Under the project, gas processing, and petrochemical plants will be built in Garadagh, 15 km south of Baku.

A gas processing plant will remove carbon dioxide and other toxic components. A petrochemical plant will comprise of a steam cracker, swing polyethylene unit and other units, while approximate annual production will amount to produce approximately 600,000 tons of polyethylene and 120,000 tons of propylene.

Polyethylene and polypropylene produced in Azerbaijan, which will meet the highest international quality standards are planned to be exported to Turkey, the EU, China and other countries.

The project is deemed to mark the beginning of a new era in development of Azerbaijan’s petrochemical industry and turn the country into a major player in the industry.

http://www.azernews.az/oil_and_gas/106772.html

 

[Azeri440]

ADA University School of Public and International Affairs

future parts of ADA

ADA University School of Education

ADA University Vision for the Future 2020

http://kleinrockstudio.com/project1-20.html

 

[OguzSenturk]

Last situation of Crescent Bay project

 

[Kuwaiti Girl]

Azerbaijan`s successes highlighted in “Turkish world” book published in Japan
http://azertag.az/en/xeber/Azerbaij...Turkish_world_book_published_in_Japan-1023774

Tokyo, December 30 AZERTAC

An “Azerbaijanis” article highlighting the country`s achievements was included in “Turkish world” book. Author of book is professor of Tokyo University Akira Matsunaga.

The article gives broad information about Azerbaijan`s historical territories.

The publication also says Azerbaijan was situated in crossroad between Europe and Asia: “Various peoples of the region have historically enjoyed good-neighborliness, friendship and cooperation based on the robust tolerance traditions, mutual respect and trust,” according to article.

The article provides an insight into the cause and consequences of the Armenia-Azerbaijan, Nagorno-Karabakh conflict: “Nagorno-Karabakh and surrounded regions were occupied by Armenian Armed forces, Armenians perpetrated ethnic cleansing policy against Azerbaijanis,” says the article.

The article provides information about Baku-Tbilisi-Kars oil, Baku-Tbilisi-Erzurum gas pipelines projects. “Azerbaijan has grown a leader of the region as the result of the strategic policy founded by national leader Heydar Aliyev and currently being developed by President Ilham Aliyev,” the article concludes.

Vugar Agayev

Special Correspondent

 

[Azeri440]

 

[Azeri440]

Petlim

National Low-Cost Carrier Buta Airways to be Established in Azerbaijan

A decision was made to establish Azerbaijan's own low-cost carrier at a meeting of the Board of CJSC Azerbaijan Airlines (AZAL).

The new low-cost carrier, which was named BUTA AIRWAYS, will be part of the CJSC Azerbaijan Airlines and will be a 100-percent owned subsidiary company of AZAL.

The airline will be based at Heydar Aliyev International Airport.

BUTA AIRWAYS will have its own fleet on the basis of Embraer aircrafts in its own livery, its own staff and independent tariff policy.

It should be noted that the civil aviation business is very complicated and specific, and any major changes take time. There are so many nuances in functioning of the budget airline. Currently, active work is underway on all aspects. It is expected that BUTA AIRWAYS will begin flights in autumn 2017.

Large-scale work to reduce air tickets prices is carried out on the instructions of President Ilham Aliyev. Flights to 13 popular destinations are operated under AZALJET brand since March this year. Sales and flight scheme on these flights is close to low-cost airlines, that is, passengers have a choice of several services in the form of paid options.

At the moment, base rate for all AZALJET flights, including all taxes and fees, starts from 49 euros. This is one of the most competitive prices among all airlines flying to Azerbaijan.

We hope that the services of the national low-cost carrier will attract not only our citizens, but also increase the inflow of tourists to Azerbaijan.

AZAL hopes that the services of the national low-cost carrier will attract not only Azerbaijani citizens, but also increase the inflow of tourists to Azerbaijan.

http://www.aviationpros.com/news/12...-buta-airways-to-be-established-in-azerbaijan

 

[what]

So finally cheap trips from Turkey to Baku?

 

[Azeri440]

So finally cheap trips from Turkey to Baku?

AZALJET already operates from Turkey to Baku, the price of the ticket is around 85 bucks, pretty good deal IMO