Area under Cotton to Expand by 3.6 Thousand Hectares
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- Markets Review
- 20 February 2018 13:48
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- Social
- 20 February 2018 14:27
Economics
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According to the data published by the State Tourism Agency, in the first four months of this year, Azerbaijan's air transportation sector experienced a significant upturn. Given the marked increase in passenger numbers, the report highlights the country's growing attractiveness as a tourist destination and its key role in ensuring regional connectivity.
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Oil production at the Azeri-Chirag-Guneshli (ACG) project faced a notable setback in the initial quarter of 2024, with total output averaging approximately 339 thousand barrels per day (bpd), marking a decrease of 20% compared to the corresponding period last year. The quarterly report, jointly published by BP and its partners, sheds light on the intricacies of this downturn.
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Uzbekistan, a key player in the Central Asian energy market, considers Europe as the main destination for its growing electricity exports, Deputy Energy Minister Umid Mamadaminov confirmed.
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Executives of two prominent insurance companies in Azerbaijan, JSC "PASHA Insurance" and JSC "Ateshgah Hayat," faced penalties imposed by the Central Bank of Azerbaijan (CBA) for regulatory violations.
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