Azerbaijan Seismic Stations to Be Placed At Bottom of Caspian Sea
Republican Seismological Service Center (RSSC) of the National Academy of Sciences (ANAS), has started installation of seismic stations in the Azerbaijani sector of Caspian Sea, according to the press service of RSSC.
An American company 'Kinemetriks', arrived in Baku, being accompanied by representative of the RSSC, Gurban Yetirmishli, they visited offshore platforms of which the bottom seismic stations will be installed.
In the coming months, these bottom seismic stations are to be installed on the oil and gas fields of Umid, Bahar and Guneshli, with the preliminary stages of American specialists will be taking part in the installation of the stations. It is planned that future such stations will be installed by the employees of the Center. To date, there are no other bottom seismic stations in any of the CIS countries, according to the same source.
It is not reported what will be the commission of these stations, if they may have a dual function or only to monitor the seismic activity. -02D-
Economics
-
Azerbaijan's tourism industry has shown marked signs of recovery and growth in the first nine months of 2024, underscoring the sector's resilience and adaptability in the post-pandemic landscape. As of September 2024, nearly 2.086 million foreign tourists visited Azerbaijan, a robust increase of 30.2% compared to the same period in 2022. The country witnessed a particularly strong performance in July 2024, with 271,591 tourists—a 21% rise from July last year.
-
Freight traffic along the Trans-Caspian International Transport Route has shown a remarkable increase in the first nine months of 2024, bolstered by a concerted push from participating countries to enhance their transport corridors and logistical frameworks. The strategic corridor, which links Asia and Europe via the Caspian Sea, has seen cargo volumes surge by 2.7 times compared to the same period in 2022, highlighting its growing significance as a viable alternative to traditional trade routes.
-
In September 2024, the prices of building materials in Baku increased by an average of 0.9% compared to the previous month, reflecting a stable yet slightly inflationary trend in the construction sector. This trend has been driven by a mix of local demand factors and fluctuations in import prices, particularly for materials such as timber and rebar.
-
The British Islamic Trade Association and the Association of Food and Beverage Producers of Azerbaijan signed a Memorandum of Understanding (MoU) during the first Azerbaijan Halal Business and Tourism Forum (AZHAB Forum), held in Baku on October 8-9, 2024.
Leave a review