SOCAR to boost oil & gas production

Azerbaijan's state oil company SOCAR plans to build nine infrastructural bases for drilling of 81 oil and gas wells in the Azerbaijani sector of the Caspian Sea in 2016-2017 as part of the company's development strategy that will give impetus to hydrocarbon production growth in the country.
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Azerbaijan’s gold reserves double

The gold reserves of Azerbaijan have increased twice during the last years. The reason is the exploration of new fields held throughout the territory of the country, Huseyngulu Bagirov, the Minister of ecology and natural resources told the New Azerbaijan Party.
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