On 15 September will be launched new electric train Baku _Sumgayit (35 км.) Travel time is 40 minutes; it became possible after the reconstruction of the railway Baku-Sumgayit-Khirdalan. In this direction will operate eight trains that will run from 06:00 to 24:00. Of the eight trains three are 2-storey trains of the Swiss company Stadler Rail Group, said spokesman of CJSC "Azerbaijani Railways" Nadir Azmammadov.
Electric trains will run from 06:00 to 12:00, and from 16:00 to 24:00 every 30 minutes, and from 12:00 to 16:00 – in an hour. From Baku railway station the train will run through the station: Kishly, Bilajari, Khirdalan, Gyuzdek, Sumgait.
In the second phase of the train between Baku and Sumgait will run on the ring line, covering the villages of Sarai, Goradil, Fatmai, Pirshagi, Kurdakhani, Zabrat, Sabunchu, Bakikhanov.
The cost of tickets for trains Baku-Sumgayit has not been defined yet. According Azmamedov, prices will determine the Tariff Council.
The CJSC "Azerbaijani Railways" does not have its proposals in this regard, but advocates that they maximum take into account the opportunities of population.
Currently the trains between Baku and Sumgait run through the village Zabrat during 1.5 hours. In the view of this, and a large interval, this type of transport is not very popular and is unprofitable. -06D-
Economics
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SOCAR President Rovshan Najaf met with the Minister of State for Petroleum of Pakistan, Musadik Malik, on January 18. According to SOCAR, the discussions covered joint energy projects, achieved outcomes, and cooperation opportunities in various areas, including the trade of petroleum products.
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The State Statistics Committee of Azerbaijan reported that in 2024 investments in fixed assets reached 21,435.1 million manats, which is 0.7% less than in 2023. While overall figures edged lower, the sectoral breakdown reveals notable disparities between the oil and gas sphere and non-oil industries.
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Azerbaijan’s industrial enterprises and individual entrepreneurs reported a modest 1.1% year-on-year increase in industrial production during 2024, reaching an output valued at 64.1 billion manat. The State Statistics Committee attributed the overall growth to a 0.5% expansion in the oil and gas sector, while non-oil and gas industries surged by 7.3%.
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Global diesel prices and refining margins have spiked following the latest U.S. sanctions targeting Russian oil trade, as markets brace for reduced supply, analysts and LSEG data indicate.
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