During a month about 638 million cub.m. of gas transported via Southern Caucasian gas pipeline
In January 2014 636.8 million cub.m. of gas was transported via the South Caucasian gas pipeline (Baku-Tbilisi-Erzurum - BTE) against 700,000 cub.m. of gas in January 2014, reads the report of the Azerbaijan State Statistical Committee.
In January 2015 2.3 billion cub.m. of gas was transported via the gas pipelines of the country, up 15% against January 2014.
The length of BTE pipeline is over 700 km. The pipeline is used to export gas extracted from the gas condensate field Shah Deniz in the Azerbaijani sector of the Caspian Sea. Gas is delivered to Georgia and Turkey. Azerbaijan also acts as a gas buyer.—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