SOCAR Energy Ukraine, daughter company of SOCAR, put into operation a new petrol station in Ukraine, reported SOCAR Energy Ukraine.
“The new station under SOCAR brand name has opened recently close to Odessa city centre on the junction connecting Tairovo residential building and Big Fountain. This is the 13th petrol station opened by SOCAR in Odessa and the 47th one in Ukraine,” reported the same source.
SOCAR Energy Ukraine started to work in Ukraine in 2008. In early 2009 after careful study of the Ukrainian retail fuel market, SOCAR Energy Ukraine has decided to create and develop a network of petrol stations on the territory of Ukraine.—0—
Economics
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S&P Global Ratings has revised its risk assessment of Azerbaijan’s banking sector, upgrading the outlook from "stable" to "positive."
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In recent days, there have been claims that bread prices in Azerbaijan have risen. Social media users report that the price of bread has increased by 5-10 qepiks. According to consumer complaints, it is difficult to find weight information on factory-produced bread, commonly known as "zavod çörəyi" in Azerbaijan. In many cases, bread packaging does not include weight details. Similarly, bread sold at smaller bakeries and tandir houses often lacks information apart from the price.
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A trilateral meeting of the foreign ministers, transport ministers, energy ministers, and heads of customs services of Russia, Iran, and Azerbaijan is set to take place soon to discuss the progress of the Rasht-Astara railway project, a key element of the International North-South Transport Corridor (INSTC). This was announced by Iran’s Ambassador to Russia, Kazem Jalali.
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Azerbaijan and Tatarstan continue to strengthen trade and economic cooperation, based on mutual interests in energy, mechanical engineering, petrochemicals, agriculture, and transport. Bilateral relations have shown steady growth, supported by regular visits of official delegations and participation in international economic forums.
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