A new administrative building of the State Oil Fund of the Azerbaijan Republic (SOFAR) was opened with the participation of President Ilham Aliyev today.
The new building has a conference room, a winter garden, a library, a treasury, the Petroleum Lounge, and rooms equipped with modern technological equipment.
The entire interior of the new building of SOFAR is based on the concept that combines elements of nine schools of carpet weaving in Azerbaijan.
The height of the new building is 127 meters, with 23 floors, two of which are for parking. The building was constructed by AS Group Investment. Its construction was started in 2009. -05D04-
Economics
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Police officers from the 36th Department of the Khatai District Police Department have detained Saday Sarkarov, who was elected by residents of the residential complex at 58b Ganja Avenue to represent their interests in court against the management company Xətai Park Servis.
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Kazakhstan’s budget airline FlyArystan has launched ticket sales for the Baku-Astana-Baku route ahead of the summer travel season, the airline’s press service said on Monday.
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In late February, the governments of Pakistan and Azerbaijan are expected to sign an investment agreement worth $2 billion, which will include several projects with SOCAR (State Oil Company of Azerbaijan). According to Turan, the energy cooperation projects discussed in January in Islamabad and Baku will feature in the agreement. These projects include energy efficiency initiatives, the construction of a pipeline, and SOCAR’s plans to explore the creation of underground gas storage facilities in Pakistan, as well as documents provided by the Pakistani side related to the exploration and extraction of hydrocarbons in the country.
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Azerbaijan continues to face an acute water shortage that affects both drinking and irrigation supplies, a problem that, despite frequent media attention, remains unresolved. Farmers are particularly feeling the pressure.
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