The Azerbaijan Ministry of Economic Development has begun to issue business licenses through the service ASAN Khidmet. On November 2, the service received 600 calls about the need to update the permit due to the expiration of the previous license, Deputy Minister Sahib Mammadov told reporters.
According to him, the first 57 statements were sent to the executive agencies. "Until this, licenses were issued for the provision of 59 business activities by 23 state bodies. In the coming days the government will approve a new, greatly simplified list of licensed activities," he said.
Before representatives of the media the first certificates from ASAN Khidmet were awarded. Their owners are services of carriage of goods and passengers. The official recommended them to wait for the introduction of new rules, as the types of business they prefer may not need licenses. --17D-
Economics
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BP, the operator of the Shah Deniz gas condensate field, announced on Sunday that production from the Shah Deniz Alpha platform resumed on the evening of January 18. This followed the complete resolution of a technical issue with the subsea condensate export pipeline between the Shah Deniz Alpha platform and the Sangachal terminal.
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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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