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
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Azerbaijan's Cabinet of Ministers has approved amendments to the list of strategically important goods in the country's consumer market, as outlined in Decision No. 136 dated April 27, 2023. The update aligns with the implementation of the Law on State Reserves and a corresponding presidential decree, the government announced on Thursday.
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Representatives of Azerbaijani and Latvian business circles convened in Baku for the "Azerbaijan-Latvia Information and Networking Meeting," marking a significant step in bolstering economic cooperation between the two countries. Latvian Ambassador to Azerbaijan, Edgars Skuja, underscored the event’s mission to connect entrepreneurs from both nations, aiming to enhance collaboration across multiple sectors.
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The President of Azerbaijan approved the amendments on November 7, which were made to the “Law of the Republic of Azerbaijan on Credit Bureaus” by the Milli Majlis. The text of the amended law was published on November 28.
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The European Bank for Reconstruction and Development (EBRD) has released its Transition Report 2024-25 for Azerbaijan, urging the country to take bold steps to improve economic governance and foster private sector development. The report outlines key priorities for Azerbaijan’s economic trajectory and highlights challenges stemming from its reliance on volatile energy markets.
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