From January to March 2015 6.3 billion cub.m. of natural gas was transported via the gas pipelines of Azerbaijan, a source from the Azerbaijan State Statistical Committee told Turan.
According to the same source, during this period 29.3% of gas was transported via the South Caucasian gas pipeline (Baku-Tbilisi-Erzurum). 1.8 billion cub.m. of gas was pumped via this pipeline.
Gas transportation via Baku-Tbilisi-Erzurum pipeline increased by 12.5% against the same period in 2014.
Only Shah Deniz consortium transports gas via the Baku-Tbilisi-Erzurum. The gas is exported mainly to Turkey and 5% goes to Georgia as a transit. Since the second half of 2013 the Shah Deniz consortium also started transportation of a small volume of commercial gas to the Georgian market.—0—
Economics
-
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.
-
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.
-
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.
-
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.
Leave a review