Kazakhstan will open the Centre to study and apply best world experience for creation of energy of the future, said Kazakh Minister of Environment and Water Resources Nurlan Kapparov.
He believes that the centre will help to understand the long-term perspectives of energy development, minimize the risks and guarantee energy safety of the country.
“One of the options is to create the Institute on the basis of the Energy Studies Centre under the Nazarbayev University, which has a logistics, laboratories, staff and the mechanism of attraction of world scientists,” Minister said.
He offered two possible approaches to determination of the Institute’s specialization.
“The first approach envisages search for the new types of energy on the basis of thermal nuclear synthesis and etc. The second approach envisages studying development of famous renewable sources of power, such as solar and wind, as well as new types of energy and the issues of further improvement of the existing technologies, generation, storage and transportation of energy,” Kapparov added.—0-
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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