Transportation of oil via the Baku-Novorossiysk reopened on July 22, reporters were told by the president of SOCAR Rovnag Abdullayev. In June, oil pumping via the Baku-Novorossiysk was suspended, which, according to Abdullayev, was associated with the repair of the pipeline. "Now all the pipes are functioning. We can export oil via any route," said Abdullayev.
He also noted that during 2015 it is planned to transport via the Baku-Novorossiysk 1.5 million tons of oil. -02D-
Economics
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An investigation led by Ghalib Toghrul, Chairman of the Board of the Center for Economic Research, has highlighted budgetary expenditures in the Azerbaijani districts of Aghdam, Fuzuli, and Khojavend, focusing on civil service projects linked to the reconstruction of territories liberated from Armenian occupation.
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On February 4, Azerbaijani Economy Minister Mikayil Jabbarov met with a delegation of the International Monetary Fund (IMF) led by Anna Bordeaux, head of the IMF mission in Azerbaijan, to discuss economic cooperation, financial sector issues and structural reforms, the ministry said.
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Azerbaijan Railways CJSC (AZD) transported 713,699 passengers in January 2025, marking a 15% increase compared to the same period last year, the company said on Tuesday.
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Last week, Azerbaijani media reported an impending increase in retail bread prices, attributing the rise to an increase in product weight. The following day, an official notification confirmed that the government had no intentions of sanctioning a bread price hike in the country. However, the threat of a price increase for this staple food remains for another reason.
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