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1.7000

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1.8634

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0.0208

AZN/TR

0.0876

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3387.3010

Neft

77.0000

Pambiq

36.0000

QALA NEWS

11 June Sunday

Baku 23˚

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Poland requests German consent to send Leopard tanks to Ukraine

Azerbaijan abolishes permit forms and fees for international car shipping

Gas price in Europe settled below $700

Release of goods from customs is improved, and appeals will be considered in a day

Azerbaijani oil price increases

US announced forecast for Azerbaijan's oil production for 2022-2023

Chinese ambassador: Number of trains on the "Middle Corridor" will reach a new high throughout the year

"The Middle Corridor, which is highly compatible with China’s Belt and Road initiative, is significant in enhancing regional connectivity, promoting economic and social development along the route, and safeguarding the global supply chain," said the Ambassador of the People's Republic of China (PRC) to Azerbaijan Guo Min in her interview . "It has helped, in particular, to ensure the stable and smooth operation of the China-Central Asia-Caucasus-Europe transport route under the new circumstances of 2022. From January to August, the number of China-Europe freight trains passing through the Middle Corridor increased by 34% year-on-year; it is expected that the number of train trips will reach a new high throughout the year with additional new lines that have departure stations in many Chinese cities. China believes that China-Azerbaijan collaboration in cross-border transportation will make a new highlight and growth point," the ambassador said. According to the ambassador, in the context of a world economy in urgent need of recovery, China looks forward to strengthening exchanges and cooperation with Azerbaijan and other countries along the Corridor so that we can jointly promote the high-quality connection between the Belt and Road and the Middle Corridor, and drive the flow of information, capital and personnel with the growth of logistics flow to provide new impetus for the development of countries along the Belt and Road and the Middle Corridor as well as regions concerned. "China is willing to share development opportunities and create a bright future with Azerbaijan," Guo Min added.

Israeli Ambassador: We hope Azerbaijani private companies participating in space industry

“We hope to see Azerbaijani private companies participating in space industry”, Israeli ambassador to Azerbaijan George Deek. He also stressed that Israel has wide experience in the field of cosmic technologies and is ready to cooperate with Azerbaijan in this field: “We have several companies that provide satellite service in the world. They provide service of telecommunication, satellite broadcasting, photo and mapping in the civil field, as well as in the security field. From this point of view, we can work together to increase Azerbaijan's capabilities in the field of space”. George Deek added that Israeli Companies such as IAI and Rafael can cooperate with the private sector in Azerbaijan: “We are supporter of the cooperation both in G2G and B2G fields. We hope that Azerbaijani private companies will participate in the space industry. But it requires a bit time”.

World Bank approves Sri Lanka's concessional funding request

Oil prices increased on world market

Azerbaijani oil decreased by nearly two USD 2

Oil prices increased world market

Works are done on supplying Azerbaijani gas to South-Eastern European countries

Bank of Korea ready to adjust tightening pace, hopes for peak rate near 3.5%

Brent oil price exceeded $ 86

Price for February of 2023 agreement on the exportation of Brent crude oil has increased by 2,61 % to stand at $ 86,08 for a barrel during trade operations held in ICE London Intercontinental Exchange. The price of the WTI brand has increased by 2,2 % to stand at $ 78,94 by exporting in December of 2022 on the NYMEX exchange of New York.

Azerbaijan-Kyrgyz Development Fund to be established

Azerbaijan-Kyrgyz Development Fund will be established. It was reflected in the draft law "On approval of the Agreement "On the establishment of the Azerbaijan-Kyrgyz Development Fund between the Government of the Republic of Azerbaijan and the Cabinet of Ministers of the Kyrgyz Republic” which was put into the discussion at today's meeting of Milli Majlis. The draft law was put in voice and adopted at the first reading.

Baku to host VI International Banking Forum next week

Gas price in Europe hits $1,340 per 1,000 cubic meters

MoU between Azerbaijani Ministry of Energy and EBRD to be inked

Swedish MFA considers imposing sanctions on Iran important

Iran begins car exports to Venezuela

Oil prices near USD 96 on world markets

Azerbaijani oil price increases by more than USD 2

The price of Azeri Light (CIF) crude oil has increased on the world market, QalaNews.com reports. The price of a barrel of Azerbaijani oil has increased by USD 2.51 or 2.6% to stand at USD 98,47.

Oil prices slightly decreased

Price for the January of 2023 agreement on the exportation of Brent crude oil has increased by 0,26% to stand at $ 93,91 for a barrel during trade operations held in ICE London Intercontinental Exchange. The price of the WTI brand has increased by 0,28% to stand at $ 86,71 by exporting in December of 2022 on the NYMEX exchange of New York.