In 2014 electric stations of Azerenerji, which is the monopolist of power generation in Azerbaijan, generated 22.7 billion kwh of power, reported Azerenerji.
In 2013 electric stations of Azerenerji generated over 21.5 billion kwh of power. Therefore, during a year power generation by the electric stations of Azerenerji increased by 5.58%.
In December 2014 electric stations of Azerenerji generated about 2.2 billion kwh of power, which is equal to December 2013.
The generation capacity of Azerbaijan electric energy system increased by 30% during the past five years. At present this index totals 7,105 MWt.—0—
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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