The CJSC "Azerbaijani Railways" has created a new structure - «ADY Ekspress» LLC. The company was established in view of the growing importance of Azerbaijan a transit country, the increased need for services that meet the international standards in the field of transportation, the report said (http://goo.gl/Lp1uT9) BR.
«ADY Ekspress» provides online services to forwarders and large cargo owners to attract new volumes of transit cargo passing through Azerbaijan. The main goal of «ADY Ekspress» is the creation of transparent and favorable conditions in the field of logistics services, the increase in industrial goods from the Caspian and Black Sea regions from Europe, Central Asia, the Far East and the Gulf. At the very outset of its activities LLC "ADY Express" service introduced for customers tracking of wagons (cargo.) Customers using this service can receive timely information about the country in which they reside cargo through the territory of the city, village or station it passes.--08D--
Economics
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Turkey is in talks with the United States seeking an exemption from sanctions imposed on Russia’s Gazprombank, a key financial institution for energy transactions, to maintain gas payments to Russia, Energy Minister Alparslan Bayraktar said on Tuesday.
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Kazakhstan is charting an ambitious course to transform its oil export infrastructure, aiming to increase annual shipments via the Baku-Tbilisi-Ceyhan (BTC) pipeline by more than thirteenfold—from the current 1.5 million tons to an estimated 20 million tons. The bold strategy, presented by Energy Minister Almasadam Satkaliyev during a parliamentary session, underscores Kazakhstan’s intent to become a major player in the energy supply chain stretching from Central Asia to Europe.
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Two new vice presidents have been appointed at BP's Azerbaijan, Georgia, and Turkey (AGT) region division, according to a press release from BP-Azerbaijan.
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Data on Azerbaijan's oil exports for January-October 2024 reveals a significant drop in both volume and value compared to the same period last year, highlighting the challenges facing the oil-dependent economy. The country exported 495,484.05 tons of oil products worth $309.02 million, a decrease of 40.3% in value and 40.7% in volume compared to 2023, when exports totaled 925,225.07 tons worth $572.21 million.
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