BP-Azerbaijan company has resumed gas supplies to Turkey after repair of the Turkish section of the Baku-Tbilisi-Erzurum pipeline , due to explosion on August 25 at night.
A source from BP-Azerbaijan company (technical operator of the project) said that gas extraction from the Shah Deniz field has gone back to normal after the works on the platform, which has been working at full capacity.
“Now has is delivered to Azerbaijan, Georgia and Turkey. There are no problems with gas extraction and export,” said a source from the company.
There was explosion on the Turkish section of the gas pipeline on August 24 at 10.00 p.m. local time in Sarykamysh province of Kars. The reason of explosion was attack committed by the Kurdish Working Party (PKK).
Operator of the Turkish section of the gas pipeline is Turkish state company BOTAS.—0—
Economics
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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.
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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.
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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.
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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.
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