The final investment decision on the Shah-Deniz-2 project will lead to strategic changes and will provide access to energy resources to Europe, British Foreign Minister William Hade, said at the ceremony of signing of the final investment decision on the Shah-Deniz-2 project in Baku.
He said creation of the Southern Gas Corridor was needed for several reasons. “These are - supplying Europe with gas throughout the entire route, discovery of new sources of energy, which will lead to reduction of dependence on a single transit system,” said Hade. He added that this will provoke competition at the European gas market, which will eventually lead to reduction of prices.—0---
Economics
-
The weaknesses of strategic planning in the Azerbaijani land transport sector were revealed during a briefing on improving legislation, which was attended by representatives of the Azerbaijan Land Transport Agency (AYNA) and the Ministry of Digital Development and Transport.
-
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.
-
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.
-
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.
Leave a review