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Five countries account for over 50% of Iran’s imports

In the first 10 months of the current Iranian year (started March 21, 2018), Iran's imports from China amounted to $8.9 billion, Trend reports...

President Ilham Aliyev inaugurates SOCAR Polymer’s High Density Polyethylene Plant in...

President of the Republic of Azerbaijan Ilham Aliyev has attended the inauguration of the High Density Polyethylene Plant of the “SOCARPolymer” project in Sumgayit. Report informs citing...

Iran most advanced domestically-built submarine joins fleet

Iran’s new domestically-developed submarine Fateh joined the country's naval fleet, Trend reports citing IRNA. Iranian President Hassan Rouhani attended the ceremony in the southern Bandar...

Passenger traffic at Baku port reaches 20-year record

In 2018, the transshipment of containers at the Baku International Sea Trade Port amounted to 22,886 TEU (twenty-foot equivalent unit) - about 3.8 million...

US Navy commissions USS Tulsa littoral combat ship

The USS Tulsa (LCS-16), an Independence-class littoral combat ship equipped with stealth technology, was officially commissioned by the US Navy, Trend reported citing Sputnik. The...

Azerbaijani oil price rises

The price of Azerbaijan's Azeri LT CIF crude oil traded in the financial markets has risen by $1.9 or 2.87% settling at $68.06 per...

Abu Dhabi to host World Ocean Summit in March

Abu Dhabi will host the sixth edition of the World Ocean Summit next month, marking the very first time the international conference comes to...

Azerbaijani oil price grows slightly

The price of Azerbaijan's Azeri LT CIF crude oil traded in the financial markets has risen by $0.31 or 0.47% settling at $66.16 per barrel, Report informs. Notably,...

Pakistan and China build friendship ties at multinational naval exercise

Pakistan’s multinational naval drill involving 46 nations has wrapped up in the Indian Ocean and, once again, India was not invited, Trend reports referring...

Nearly 2600 Azerbaijanis work for BP

“At the end of 2018, the number of BP’s Azerbaijani national employees was 2,534, including fixed-term employees,” BP Azerbaijan told AZERTAC. “BP made a commitment in...

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