Aliyev Discusses Extension of Azeri-Chirag-Guneshli Contract with BP Management
The questions of extending the terms of the Azeri-Chirag-Gunashli development project and the development of the Shah Deniz field and the shallow part of the Absheron field were discussed at today’s meeting of President Ilham Aliyev with the regional President of BP Harry Jones and the head of BP's mining division Gordon Birrell.
The President and Vice President of SOCAR, Rovnag Abdullayev and Elshad Nasirov, also took part in the meeting. -16D-
Economics
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The State Oil Company of Azerbaijan (SOCAR) will begin issuing "green" bonds on January 15, with a total issuance volume of USD 200 million, according to an official SOCAR statement cited by Turan.
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On January 10, 2025, Azerbaijani President Ilham Aliyev signed a decree dismissing Samir Sharifov from his position as Minister of Finance. Having held this role since 2006, Sharifov has been appointed Deputy Prime Minister, marking a shift in his responsibilities while maintaining his influence within the government.
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Azerbaijan's gas exports to the EU via the Southern Gas Corridor (SGC) have sharply decreased since January 7, due to technical issues at a strategic facility in Azerbaijan, according to Turan, citing multiple sources.
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During a press conference in Baku on Friday, Deputy Minister of Digital Development and Transport of Azerbaijan, Rahman Hummatov, highlighted the country's significant achievements and future plans in transport infrastructure.
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