Today's order of the President of Azerbaijan partly updated the State Commission for Cooperation with the International Agency for Atomic Energy (IAEA) six years later.
Late Mahmud Karimov was replaced on the list by the current President of the National Academy of Sciences Akif Alizadeh. Siyavush Azakov was replaced as chief of the State Agency for Regulation of Nuclear and Radiological Activity of MOE by his deputy Vugar Huseynov. The list also includes the Deputy Chief of the State Security Service Ismayil Baghirov, the Chairman of JSC National Center for Nuclear Research Adil Garibov, and the Deputy Minister of Justice Togrul Musayev.
In addition, the list includes the Minister of Ecology and Natural Resources Huseyn Baghirov, the Minister of Communications and High Technologies Ramin Guluzadeh, and the Education Minister Mikail Jabbarov. --17D-
Economics
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Azerbaijan’s drive to attract investment into its industrial and agricultural zones is gaining momentum, with the government registering 31 new resident companies across economic zones in 2023. The Economic Zones Development Agency (EZDA) also granted non-resident status to one company, marking a new phase in the country’s efforts to stimulate economic growth in post-conflict areas and beyond.
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The State Oil Company of Azerbaijan (SOCAR) is stepping up its international expansion in upstream operations, marking a strategic shift in its global portfolio. The company’s recent acquisitions— a 10% stake in Israel’s Tamar gas field and a 3% share in the SARB and Umm Lulu offshore oil projects in Abu Dhabi—signal its growing ambitions beyond Azerbaijan’s borders.
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BP plans to drill 19 wells at the Azeri-Chirag-Guneshli (ACG) oilfield block in 2025, maintaining its drilling activity at the same level as in 2024, a senior company executive said on Tuesday.
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The International Association of Drilling Contractors (IADC) opened its annual "IADC Drilling Caspian" conference in Baku on Tuesday, bringing together industry leaders to discuss advancements in oil and gas drilling, as well as the growing role of geothermal energy.
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