In the first nine months of this year, the state of CJSC Azerbaijani Railways (ARW) got the best of cargo and passenger transportation 168.5 million manat. After taking into account tax profit operator of rail transport was 6 million manat.
Chairman of the Board of JSC ARW Arif Askerov, speaking in the official press, said that the bulk of revenues (157.3 million manat) accounted for freight. Since the beginning of the year were transported by railway 17.1 million tons of cargo. The share of passenger traffic accounted for 11.2 million manat. From delivery to the destination of one passenger there was bailed 5.90 manat.
In the framework of the project "Support Rail Trade and Transport" this year has been overhauled 110.8 km railway to the main rail Baku - Boyuk Kesik. Total in 2011-13 years was repaired 281.1 of 317 kilometers of roads in need of repair at the site. - 08D -
Economics
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The Central Bank of Azerbaijan (CBA) has approved the "Green Taxonomy," according to a decision by its Board of Directors on November 13.
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Azerbaijan's state oil and gas company, SOCAR, has signed a joint development agreement with Bulgaria’s "Asarel Energy," part of the Asarel Medet holding group. The agreement was signed on November 13 during the COP29 summit in the presence of the Presidents of Azerbaijan and Bulgaria, Ilham Aliyev and Rumen Radev.
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Saudi Electricity CEO Khalid Al-Hamidi and Baba Rzayev, Chairman of Azerbaijan's state-owned energy company Azerenergy, signed a memorandum of understanding (MoU) on Wednesday during the COP29 summit in Baku. The agreement, inked after a high-level meeting between Azerbaijan's Minister of Energy and his Saudi counterpart in the event’s Blue Zone, aims to enhance cooperation on integrating renewable energy into Azerbaijan’s power grid.
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The CEO of ICGB, the operator of the Greece-Bulgaria Interconnector (IGB), Theodor Georgieva, underscored the critical role of Azerbaijan and other gas suppliers to the European Union in the event of a potential cessation of Russian gas deliveries through Ukraine, speaking to journalists on the sidelines of COP29 in Baku.
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