SOCAR is going to cut the flange connection on the mouth of the well on Bulla Deniz field, which has become useless.
SOCAR reported at the end of last week that the installation of the cutting system delivered from the US is in progress on SOCAR’s site.
As soon as the flange connection is cut, the mouth of the well will be assembled to direct gas into the gas transportation system.
Fire has enveloped the exploration well No 90 on the northeast of Bulla Deniz on August 17, 2013. The sea depth on the field totaled 26.5 meters. SOCAR reported that ignition occurred during the exploration drilling on the depth of 5868 meters.—0—
Economics
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On 21 December, Russian Transport Minister Roman Starovoit met with Azerbaijani Minister of Digital Development and Transport Rashad Nabiyev at the Russian Ministry of Transport.
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Hundreds of trucks are stuck in the Kazakh port of Kuryk, facing delays for several days while waiting for ferry transport to Azerbaijan, the Azakhstan portal reports lada.kz. The backlog is due to a combination of reduced ferry availability, adverse weather conditions, and an influx of cargo rerouted because of expanded sanctions on Russia.
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Members of the Association of Independent Industrialists and Businessmen (MÜSIAD) have invested 61.3 million manats in Azerbaijan's economy over the past three years, Rashad Jabirli, chairman of "MÜSIAD Azerbaijan," revealed during a media briefing.
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While the global economy faces persistent challenges, trade between China and Azerbaijan has defied downward trends, demonstrating significant growth. According to official statistics from Azerbaijan, bilateral trade in 2023 reached 3.1 billion US dollars. In just the first ten months of 2024, trade volume increased by 17.1% year-on-year, reaching 3.02 billion US dollars, putting the annual trade figure on track to hit a record high.
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