Athens to ask for TAP stake, transit fees
Athens will seek a stake for Greece in the Trans Adriatic Pipeline (TAP), annual transit fees and a reduction in the cost of natural gas imported from Azerbaijan, according to sources from the Energy Ministry.
Minister Panayiotis Lafazanis left on Wednesday for Baku, where he is on Thursday due to participate in the first meeting of the advisory council for the Southern Gas Corridor.
During the meeting, Lafazanis will have a chance to talk to Azeri President Ilham Aliyev as well as top officials in the TAP consortium to express the new Greek government’s demands.
Lafazanis will also discuss the issue of gas network operator DESFA, after the government stated in Parliament that it disagrees with the sale of DESFA to Azeri state company SOCAR.
Sources say Athens is in favor of the sale of a 49 percent stake in DESFA, and not the 66 percent previously agreed, reported today ekathimerini.com.--12D--
Economics
-
On 21 December, Russian Transport Minister Roman Starovoit met with Azerbaijani Minister of Digital Development and Transport Rashad Nabiyev at the Russian Ministry of Transport.
-
Hundreds of trucks are stuck in the Kazakh port of Kuryk, facing delays for several days while waiting for ferry transport to Azerbaijan, the Azakhstan portal reports lada.kz. The backlog is due to a combination of reduced ferry availability, adverse weather conditions, and an influx of cargo rerouted because of expanded sanctions on Russia.
-
Members of the Association of Independent Industrialists and Businessmen (MÜSIAD) have invested 61.3 million manats in Azerbaijan's economy over the past three years, Rashad Jabirli, chairman of "MÜSIAD Azerbaijan," revealed during a media briefing.
-
While the global economy faces persistent challenges, trade between China and Azerbaijan has defied downward trends, demonstrating significant growth. According to official statistics from Azerbaijan, bilateral trade in 2023 reached 3.1 billion US dollars. In just the first ten months of 2024, trade volume increased by 17.1% year-on-year, reaching 3.02 billion US dollars, putting the annual trade figure on track to hit a record high.
Leave a review