In the first nine months of 2016 JSC Azersu paved 655 km of pipelines and drilled 17 sub-artesian wells. As a result, 135,000 customers were connected to the central water supply system for the first time.
According to the press service of JSC Azersu, this year uninterrupted water was provided to 60,000 customers. Thus, 65% of the customers receive drinking water around the clock. In Baku, the figure reached 80.2%.
In January-September 2016 Azersu delivered to consumers 217 million cubic meters of water. The water flow was 144 million cubic meters.
According to the SSC, in the first three quarters of this year, the volume of water supplied to customers decreased by 1.3%. In connection with the increase in the tariffs for the supply of water and sewage services last summer approximately 35% of the consumers switched to the economy mode.
The number of customers of JSC Azersu, which is a natural monopoly, was 1 million 402 thousand as of October 1.
Note that as of July 1, only 63.6% of the private customers (844,400) were provided with water measuring devices. ---08D
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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