Agricultural Production Increased 3.4%
In the first quarter of this year, the total agricultural product in Azerbaijan amounted to 629.3 million manat that in stable prices was by 3.4% more than in the same period last year, the State Statistics Committee said. The share of agriculture in GDP increased from 2.4% to 3%.
Livestock production increased 5.9% in January - March. The output amounted to about 110,000 tons of meat in live weight (+ 2.5%), 426.9 thousand tons of milk (+ 4.3%) and 390.1 million eggs (+ 5.1%).
As of April 1 of this year, cattle population exceeded 2.7 million head (+ 0.2%), sheep and goats - 8.7 million head (+1.6%).
Credit infusion has a positive impact on the performance of poultry farms. In the first quarter of this year they produced 16.6 thousand tons of meat in live weight (+ 5%) and 176.3 million eggs (+ 8.6%). ----08D
Economics
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Bulgaria considers Azerbaijan a key strategic partner in the energy sector, as the country plays a crucial role in diversifying gas supplies and strengthening regional energy security, Bulgaria’s newly appointed Energy Minister Jecho Stankov said during a meeting with an Azerbaijani delegation.
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Rovshan Najaf, president of Azerbaijan’s state oil company SOCAR, met with Majid Jafar, CEO of Crescent Petroleum, on February 6 to discuss potential avenues for collaboration in the energy sector. The meeting marked an important step in strengthening ties between the two companies, with both sides exchanging insights on their respective operations and assessing opportunities of mutual interest.
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Rovshan Najaf, president of the State Oil Company of Azerbaijan (SOCAR), met with Sašo Berger, chairman of Slovenian energy company Petrol dd, and Simon Urbanc, CEO of Geoplin doo, on February 6, underscoring growing cooperation in the natural gas sector between Azerbaijan and Slovenia.
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