In December Azerishyg JSC will expand the number of services provided by ASAN Khidmet to six. As stated in the press release of the company, they are 4 now, and they will be 2 more: the restoration of smart cards for electric meters and the issue of a new card, and the issuance of acts of checking to subscribers of other categories. The prerogative of ASAN still includes issuance of certificates on absence of debts for electricity, change of the electricity customer, connection of residents to the power supply, receiving complaints about technical conditions from subscribers of "other" categories, as well as identification of the debt. In Baku the services of Azerishyg are provided at the centers ASAN Khidmet №1, 2, 3, and 5. In the regions, there are centers of ASAN Khidmet in Sumgayit, Sabirabad, Barda and Ganja. Recall Azerishyg was created by the presidential decree of 10 February this year as a result of the dissolution of Bakyelektrikshebeke JSC. Now the capital's electrical grid functions are common in the whole territory of Azerbaijan - according to the Regulations, it purchases electricity and provides consumers with reliable, safe and efficient electricity supply. --17D-
Economics
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Azerbaijan’s drive to attract investment into its industrial and agricultural zones is gaining momentum, with the government registering 31 new resident companies across economic zones in 2023. The Economic Zones Development Agency (EZDA) also granted non-resident status to one company, marking a new phase in the country’s efforts to stimulate economic growth in post-conflict areas and beyond.
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The State Oil Company of Azerbaijan (SOCAR) is stepping up its international expansion in upstream operations, marking a strategic shift in its global portfolio. The company’s recent acquisitions— a 10% stake in Israel’s Tamar gas field and a 3% share in the SARB and Umm Lulu offshore oil projects in Abu Dhabi—signal its growing ambitions beyond Azerbaijan’s borders.
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BP plans to drill 19 wells at the Azeri-Chirag-Guneshli (ACG) oilfield block in 2025, maintaining its drilling activity at the same level as in 2024, a senior company executive said on Tuesday.
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The International Association of Drilling Contractors (IADC) opened its annual "IADC Drilling Caspian" conference in Baku on Tuesday, bringing together industry leaders to discuss advancements in oil and gas drilling, as well as the growing role of geothermal energy.
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