During 9 months oil production in Azerbaijan dropped by 2%
From January to September 2015 production of tank oil in Azerbaijan, including gas condensate, totaled 31,378,900 tons (reduction by 2%). During the same period last year the country produced 32,020,700 tons of tank oil, a source from the Azerbaijan State Statistical Committee told Turan.
According to the Statistical Committee, during 2014 Azerbaijan extracted 41,892,900 tons of oil, down 2.8% against 2013.
According to the government’s forecasts, in 2015 tank oil production in Azerbaijan wil total 41,234,000 tons.—0—
Economics
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Azerbaijani President Ilham Aliyev has signed amendments to two presidential decrees, refining the roles and appointments of the State Customs Committee's representatives abroad, including in international organizations.
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Auditing organizations and independent auditors in Azerbaijan concluded 7,232 contracts valued at 133.2 million manats ($78.4 million) in 2023, reflecting increases of 20% in the number of contracts and 7.1% in their total value compared to the previous year, according to the Chamber of Auditors.
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The third meeting of the auction commission was held to evaluate the proposals submitted by participants in the auction for the Gobustan Solar Power Plant project, supported by the European Bank for Reconstruction and Development (EBRD). The meeting focused primarily on determining qualification eligibility and selecting the auction winner, according to the State Agency for Renewable Energy Sources.
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There is no sensationalism in the recent renaming of the Azerbaijani ship Karabakh to Mingachevir; the new name was given to the ship to ensure that two vessels would not operate under the same name, the Merchant Fleet of Azerbaijan Caspian Shipping Company (ASCO) CJSC told Turan.
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