Never a Dull Moment in Chess
The name of Baku means "city of winds". The coat of arms of Baku is formed of three torches against the sea waves. Long since Azerbaijan is called "Land of fire" and Baku with its burning springs is a sort of Azerbaijan symbol.
Baku is the capital of Azerbaijan. Modern borders of Baku embrace the main part of Absheron Peninsula. Baku is washed by the Caspian Sea in the East. The city includes health resort areas of Absheron Peninsula, which are well-known far beyond the Republics borders. The territory of Baku is about 2200 square kilometers. The population is 2074, 3 thousands people.
Baku is oil and industry center. In the 30's of the 18th century, the first experiences in oil refining took place in Baku and the first oil was drilled on the Bibi-Eibat fields in 1848. In the beginning of the 20th century Baku produced more than half the world's oil.
The Third President's Cup is took place from May 11th to 21st 2008 in Baku, Azerbaijan. GM Evgeniy Najer wins President's Cup in Baku. There were 180 participants in the Open Tournament, and the prize fund is US $85,000. There was also a Children's U-14 and a Seniors Tournament, it was a great event.
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President's Cup 2008 in Baku
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