From January to September 2013 Gasprom company increased gas export by 5.8% up to 157.96 billion cub.m. from 149.33 billion cub.m. during the same period last year. Export to Europe increased by 15.6%, up to 118.45 from 102.5 billion cub.m., reads the report of the Russian gas holding.
The report reads that during nine months gas export to Western Europe increased by 19.5% up to 93.31 billion cub.m. and to Central Europe – by 3.5% up to 25.14 billion cub.m. From January to September export to the CIS and Baltic countries totaled 39.51 billion cub.m., down 15.6% against nine months in 2012.—0--
Economics
-
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.
-
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.
-
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.
-
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.
Leave a review