Georgian intends to deliver cheaper fuel from Turkmenistan and reduce prices at the local market, Kakha Kaladze, Georgian Energy Minister, told journalists.
He said fuel will be delivered from Turkmenistan to Georgia via Azerbaijan.
“We have already received Azerbaijan’s consent to empty the transit corridor for our cargo, which is going to happen in the near future,” Minister said.
He said the talks with Turkmenistan are coming to the end. “As soon as the new market of deliveries is opened, we will feel freedom of the market and it is not excluded that fuel prices will go down.” Kaladze said.—0--
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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