From January to May 2012 Azerigas, gas transportation and distribution company of SOCAR, has laid the gas pipelines with total length of 526.8 km, SOCAR reported.
22.4 km of gas pipelines was laid in Baku, 503 km in the region and another 1.4 km fell to the main gas pipelines.
During the period of its operation Azerigas increased total length of new gas pipeline up to 10,321.8 km, of which 612.2 km are in Baku, 9,541.1 km in the regions and 168.5 km of main gas pipelines.
During this period Azerigas repaired 259.3 km of gas pipelines, of which 103.7 km are in Baku, 134 km in the regions and 21.6 km of main gas pipelines.
Azerigas numbers 1.4 million of customers throughout the country.-0--
Economics
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The Central Bank of Azerbaijan (CBA) has approved the "Green Taxonomy," according to a decision by its Board of Directors on November 13.
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Azerbaijan's state oil and gas company, SOCAR, has signed a joint development agreement with Bulgaria’s "Asarel Energy," part of the Asarel Medet holding group. The agreement was signed on November 13 during the COP29 summit in the presence of the Presidents of Azerbaijan and Bulgaria, Ilham Aliyev and Rumen Radev.
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Saudi Electricity CEO Khalid Al-Hamidi and Baba Rzayev, Chairman of Azerbaijan's state-owned energy company Azerenergy, signed a memorandum of understanding (MoU) on Wednesday during the COP29 summit in Baku. The agreement, inked after a high-level meeting between Azerbaijan's Minister of Energy and his Saudi counterpart in the event’s Blue Zone, aims to enhance cooperation on integrating renewable energy into Azerbaijan’s power grid.
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The CEO of ICGB, the operator of the Greece-Bulgaria Interconnector (IGB), Theodor Georgieva, underscored the critical role of Azerbaijan and other gas suppliers to the European Union in the event of a potential cessation of Russian gas deliveries through Ukraine, speaking to journalists on the sidelines of COP29 in Baku.
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