The new General Director of the «Azpetrol» Ltd. Was appointed Jeyhun Mammedov, its senior official. There is no official information on his appointment.
Last Saturday, «Azpetrol» reported that the former general director Huseinagha Rahimov, who run the company for 10 years, was dismissed from his post at his own request in order to continue research activities.
Azpetrol Company was founded in 1998, and has the largest network of filling stations in Azerbaijan. The company has 78 petrol stations and five gas stations.- 0-
2015 December 07 (Monday) 11:56:23
On Saturday Huseynaga Ragimov, General Director of Azpetrol company, resigned, the company repOrted.
“Ragimov has resigned voluntarily to continue scientific research,” the company reported.
At present Azpetrol has the widest network of petrol stations in Azerbaijan. The company has 78 petrol and 5 gas stations.
Azpetrol company was created I 1998. Ragimov has occupied the position of General Director since 2005 and prior to that he occupied position of Financial Director.—0—
Economics
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On July 26, the Ministry of Economy hosted a meeting with entrepreneurs from the non-oil industry to explore ways to stimulate local production and enhance export potential.
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Azerbaijani internet service providers Aztelekom and Baktelekom will introduce substantial changes to their pricing structure starting August 15, the companies announced today. Under the new tariffs, the minimum internet speed will rise to 100 Mbit/s, with the cost per Mbit/s decreasing from 0.45 AZN to 0.25 AZN. As a result, monthly charges will be set at 25 AZN for 100 Mbit/s, 30 AZN for 150 Mbit/s, and 36 AZN for 250 Mbit/s.
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Independent experts suggest that Azerbaijan may be on the verge of another devaluation of its currency, the manat, due to a shrinking trade and payment surplus. The anticipated economic adjustments come amidst a decline in foreign currency inflows and reduced oil production.
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Azerbaijan’s Foreign Minister Jeyhun Bayramov met today with Ahmed Moallim Figi, the Minister of Foreign Affairs and International Cooperation of Somalia, at the Azerbaijani Foreign Ministry. This meeting followed a discussion held the previous day between Figi and Azerbaijan’s Economy Minister Mikail Jabbarov.
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