BP company, technical operator of the Shah-Deniz gas condensate field development, announced beginning of construction as a part of the Shah-Deniz Phase 2 development, final investment decision on which was made on December 17, 2013.
BP-Azerbaijan Gordon Birrell said yesterday in Baku that preliminary construction has started on the Sangachal terminal within the Shah-Deniz Phase 2 framework.
He said upgrade of the building sites, where the contracts will perform BP’s orders, have already started.
“Property issues are also being solved in Georgia to expand infrastructure for the Shah-Deniz-2,” Birrell said.
Cost of the works within the framework of this Phase is estimated at $28 billion. Gas production must begin till the end of 2018 and by 2030 it will be increased up to 16 billion cub.m. a year.—0—
Economics
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The Cabinet of Ministers of the Republic of Azerbaijan has made changes to the existing provisions regarding the approval of construction documentation and the service fees for construction. The amendments are guided by Article 119 of the Constitution of Azerbaijan and are aimed at simplifying processes related to construction permits and operations.
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The Cabinet of Ministers of the Republic of Azerbaijan has approved a new procedure for the recruitment of medical personnel to medical institutions included in the state healthcare system. The decision, which comes into force on January 1, 2025, aims to enhance the implementation of compulsory health insurance in the country.
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The Organization of Turkic States (OTS) convened a pivotal meeting in Guba, recently named the agricultural capital, to introduce the "OTS Made" brand for agricultural products. Representatives from the Ministries of Agriculture of Azerbaijan, Turkey, Uzbekistan, Kazakhstan, and the Turkish Republic of Northern Cyprus, along with experts from relevant departments, participated in the event.
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The monopolists of the Azerbaijani internet services market, LLC Aztelekom and LLC Baktelekom, have agreed to raise the minimum monthly internet package price from 18 AZN for 40 Mbps to 25 AZN for 100 Mbps starting August 15. Explaining the new price, these companies want to convince the public that the price has dropped since the internet speed will increase by 2.5 times, thus reducing the cost per Mbps from 45 qapik to 25 qapik. There is no information about the technical innovations in the company that will ensure high traffic speed.
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