In January 2013, the industrial production in Azerbaijan made up AZN 3 bn. Compared with the same month last year, a growth of 0.1%. This is the first upward trend in industrial production in March 2012. In 2012, the rate of industrial production decreased by 2.3%.
In the country's State Statistics Committee they told Turan that the non-oil sector reached 2.3% growth. A decline in the oil sector continues. In January, production fell by a further 0.4%.
The share of non-oil industry production in January was 18.1%, the head of the industry department of the State Statistics Committee Azad Abbasaliyev told Turan. The share of the mining industry in the production structure was 75.9%, processing industry - 17.5%, electricity, gas and steam - 6.2%, etc. -08B-
Economics
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Azerbaijan’s Information and Communication Technologies Agency (ICTA) held a meeting with representatives of internet service providers (ISPs) and telecom operators to address concerns over the accuracy of reported internet speeds and the country’s ranking in global broadband performance indices.
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Bulgaria considers Azerbaijan a key strategic partner in the energy sector, as the country plays a crucial role in diversifying gas supplies and strengthening regional energy security, Bulgaria’s newly appointed Energy Minister Jecho Stankov said during a meeting with an Azerbaijani delegation.
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Rovshan Najaf, president of Azerbaijan’s state oil company SOCAR, met with Majid Jafar, CEO of Crescent Petroleum, on February 6 to discuss potential avenues for collaboration in the energy sector. The meeting marked an important step in strengthening ties between the two companies, with both sides exchanging insights on their respective operations and assessing opportunities of mutual interest.
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Rovshan Najaf, president of the State Oil Company of Azerbaijan (SOCAR), met with Sašo Berger, chairman of Slovenian energy company Petrol dd, and Simon Urbanc, CEO of Geoplin doo, on February 6, underscoring growing cooperation in the natural gas sector between Azerbaijan and Slovenia.
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