Almost 80 % of traffic accidents last year occurred in and around Baku
The Bureau of Compulsory Insurance spread information about the regions , where most cases of accidents occurred .
According to the organization, all the companies - members of the Bureau (within the mandatory liability of vehicle owners to third parties) in the last year were presented 18,447 requirements from the customers upon the insured event - the payment on them was more than 25.3 million manats.
Most road accidents, as expected, were in Baku city and the adjacent Absheron region - 78.9 %. They were followed by Sumgayit - 3.42 %, more disciplined Ganja - 2.09 % and further - on the descending line. Interestingly, 3.35% classified as "other" settlements. - 17D-
Economics
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Azerbaijan’s ADY Express, a subsidiary of Azerbaijan Railways CJSC, signed several strategic agreements on the sidelines of the Logitrans Türkiye 2024 exhibition in Istanbul, Turkey, reinforcing its commitment to expanding freight transport services along the Middle Corridor.
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Azerbaijan plans to establish state-of-the-art battery storage facilities for green energy with a total capacity of 350 MW within the next 4-5 years, a well-informed source in the Ministry of Energy told Turan.
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Shareholders of the Caspian gas condensate "Absheron" project plan to approve the Front End Engineering Design (FEED) in December, laying the groundwork for full-scale development of the field, an informed source told Turan.
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In 2024, Europe will receive approximately 12.5 billion cubic meters of gas from Azerbaijan, with the list of buyers expanding to 12 countries. Speaking at an energy forum in Istanbul on Friday, SOCAR President Rovshan Najaf announced that cooperation with a 12th, new gas buyer would begin in December.
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