Reconstruction of the Samur-Absheron canal since the beginning of 2006 to October 1, 2014 cost the State Oil Fund of Azerbaijan (SOFAR) 1 billion 094 300 000 manat.
According to the fund, for the 3rd quarter of this year, AZN 24.8 million was aimed at the project.
Recall the Samur-Absheron canal with a total length of 182 km was built in the years 1938 - 1940 in order to supply Baku and the surrounding peninsula. It consists of two channels - Samur-Devechi, 108 km in length, and Absheron, 74 km in length. --17D-
Economics
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The Green Climate Fund (GCF), an operating entity of the financial mechanism of the UN Framework Convention on Climate Change (UNFCCC) and the body responsible for implementing the Paris Agreement, has included Azerbaijan for the first time in its list of countries eligible for funding.
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The International Telecommunication Union (ITU), the Permanent Mission of the Republic of Azerbaijan to the UN Office in Geneva and the Ministry of Digital Development and Transport organized for the heads of about 30 diplomatic missions accredited in Geneva a special briefing on the initiative "Green Digital Action", which will be presented during COP29 in November in Baku, the Ministry of Digital Development and Transport of Azerbaijan reported.
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As a member of the International Renewable Energy Agency (IRENA) Council, Azerbaijan participated in the 28th meeting of this Council in Abu Dhabi (UAE).
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Azerbaijan’s imports of animal and vegetable fats and oils climbed 23.9% by weight and 16.2% by value from January to September 2024, official data revealed. Despite the uptick in volume, the import cost of these products saw a decrease compared to the same period last year, with the cost per ton of vegetable oil falling by 6.1% to $1,199.6 in 2024, down from $1,278.6 in 2023.
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