In the winter time Azerbaijan will have no problem providing the population with gas, said yesterday the head of SOCAR Rovnag Abdullayev, answering journalists' questions.
According to him, the increase in gas consumption in the last few days was of a temporary nature. "The transition to the winter gas supply mode will start from November 1. Preparing for the transition starts 15 days before. After a few days we will be completely ready for it. Our gas reserves are accumulated in storage facilities, more than last year, so problems with gas supplies will not emerge. With regard to the weak level of gas supply in some areas in recent days, it is due to the fact that because of the cold weather the gas consumption increased. But I think that warming can occur after a cold snap, so this is a temporary phenomenon," Abdullayev said.
In turn, Turan IA has learned from sources in SOCAR the underground storage of gas since the beginning of the year has been 300 mcm more than in the same period last year. Currently, SOCAR has managed to collect more than 2.95 bcm of gas. The gas injection will be continued until the end of this month. -12B--
Economics
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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.
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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.
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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.
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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.
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