BP company does not consider possibility of operation in Iran, BP President Robert Dudley told journalists in Baku.
“We do not hold any meetings with Iran and do not even think about that. However, we watch the situation closely. The conditions could change. We have joined a big project – the trans-Anadolu gas pipeline project (TANAP). In the future gas (including Iranian gas) could be exported via the gas pipeline from various sources. Time will show,” Dudley said.
On December 17, 2013 in Baku BP signed the documents, according to which it has become a shareholder of TANAP project with 12% share.—0—
Economics
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According to the State Customs Committee, in the first eleven months of this year, Azerbaijan transported 6.96 million tons of cargo by rail, worth $3.01 billion. This represents a 4% decrease in volume and a 10.1% decline in value compared to the same period in 2023.
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The Cabinet of Ministers of Azerbaijan has approved a set of regulations to govern the approval of agreements under the country’s competition law, aimed at fostering compliance with legal frameworks and enhancing market transparency.
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Azerbaijan's ambitious program to restore territories liberated from Armenian occupation has attracted attention due to the extensive use of single-source procurement methods, raising concerns about transparency and corruption.
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Azerbaijan recorded a 2% increase in wheat imports from January to November 2024 compared to the same period in 2023, underscoring its continued reliance on external sources to meet domestic demand. This growth comes amid a significant decline in domestic wheat production, which decreased by 148,100 tons in 2024, further intensifying the need for imported supplies.
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