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Baku/17.01.22/Turan: A new regular flight has connected Gabala and Moscow as a part of the new route network for 2022, the press service of air carrier AZAL said.
According to the press release, Russian low-cost carrier Nordwind operated its first flight from Moscow's Sheremetyevo airport to Gabala on a Boeing 737-800 (189 seats). Travel time was three hours.
The regular flight Moscow-Gabala-Moscow will be operated once a week, on Sundays. The plane lands in Gabala at 4:10 local time, and leaves for the Russian capital at 5:20.
Note that the Russian low-cost airline Nordwind also flies to Moscow from Baku and Lankaran airports.-06D-
Economics
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Azerbaijan's financial standing continues to strengthen as the country's foreign currency reserves have surged to $71 billion as of January 1, 2025, according to the Ministry of Finance. This figure, which includes reserves held by the State Oil Fund of Azerbaijan (SOFAZ) and the Central Bank of Azerbaijan (CBA), far exceeds the nation's external debt, which stands at a fraction of its reserves, specifically nearly 14 times less. This robust reserve position reflects Azerbaijan's fiscal stability and the government’s strategic economic management.
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According to operational data from the Ministry of Energy of Azerbaijan, in January 2025, the country produced 2.3 million tons of oil, including condensate, and 3.9 billion cubic meters of gas.
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The State Oil Company of Azerbaijan (SOCAR) has opened a representative office in Albania and is set to launch a specific project this year, the Albanian company "Albgaz" announced.
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