"We fulfill all the commitments that we have in front of the Georgian authorities," said in an interview with TV Company Rustavi 2 the SOCAR President Rovnag Abdullayev.
Summing up the meeting with the Prime Minister of Georgia Giorgi Kvirikashvili and members of his government, Abdullayev said that "the negotiations have gone well."
"Thanks to the Georgian authorities for the reception. The project SOCAR Georgia is working well. We fulfill all the commitments that we have in front of the Georgian authorities. Despite the difficulties, we still carry out obligations related to the price of oil and gas.
As for the negotiations, they also addressed some of the technical problems. Due to our joint work with the Ministry of Energy, we will solve them," said Abdullayev.
SOCAR head arrived in Tbilisi on 13 January and on 14 January he will leave back.
Recall that the Georgian authorities are eager to give up part of Azerbaijani gas and purchase it from the Russian Gazprom. This caused protests in Georgia and questions on the part of Azerbaijan.
Former Georgian Prime Minister Garibashvili assured Baku that there would not be any failure, but soon after this news he resigned. Georgian sources claim that the purchase of gas from Gazprom is being lobbied by the billionaire Bidzina Ivanishvili - the de facto ruler of the country.
Rovnag Abdullayev’s talks in Tbilisi were to clarify the position of the Georgian authorities. -02D-
Economics
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On July 26, the Ministry of Economy hosted a meeting with entrepreneurs from the non-oil industry to explore ways to stimulate local production and enhance export potential.
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Azerbaijani internet service providers Aztelekom and Baktelekom will introduce substantial changes to their pricing structure starting August 15, the companies announced today. Under the new tariffs, the minimum internet speed will rise to 100 Mbit/s, with the cost per Mbit/s decreasing from 0.45 AZN to 0.25 AZN. As a result, monthly charges will be set at 25 AZN for 100 Mbit/s, 30 AZN for 150 Mbit/s, and 36 AZN for 250 Mbit/s.
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Independent experts suggest that Azerbaijan may be on the verge of another devaluation of its currency, the manat, due to a shrinking trade and payment surplus. The anticipated economic adjustments come amidst a decline in foreign currency inflows and reduced oil production.
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Azerbaijan’s Foreign Minister Jeyhun Bayramov met today with Ahmed Moallim Figi, the Minister of Foreign Affairs and International Cooperation of Somalia, at the Azerbaijani Foreign Ministry. This meeting followed a discussion held the previous day between Figi and Azerbaijan’s Economy Minister Mikail Jabbarov.
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