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Auditors of Six Public Institutions Became Known
Public Procurement Agency (PPA) announced the results of more than three thousand procurement organized on a competitive basis in January and February of this year. Among them there are the results of six tenders and quotations for the selection of the auditor of the financial statements for the year 2012. Thus the costs of contracts signed under these terms differ from each other by hundreds of times.
Audit of the Azerbaijan Mortgage Fund under the Central Bank will be held by KPMG Azerbaijan Limited, which is priced services in 84,000 manat.
The company Baker Tilly Azerbaijan has won the tender for the audit of the financial activities of the State Committee on Securities and the state-run Azerbaijan Investment Company, respectively, which will cost them 23.5 thousand and 5 thousand manats.
Financial activities of the state-run Azerlotereya will be checked by the free auditor Yasin Shirinov. In previous years, audit of the lottery monopoly was held by M & J Accuracy Consulting.
The largest contract was signed by the water supply company Azersu. Audit of its financial statements by the Azerbaijani branch of Ernst & Young will cost 353,430 manat, said GAZ. - 08D-
Economics
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Azerbaijan’s Information and Communication Technologies Agency (ICTA) held a meeting with representatives of internet service providers (ISPs) and telecom operators to address concerns over the accuracy of reported internet speeds and the country’s ranking in global broadband performance indices.
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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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