From January to September 2014 2 billion cub.m. of associated gas from development of a bloc of Azeri-Chirag-Guneshli offshore fields was handed over to Azerbaijan, reads the quarterly report of BP-Azerbaijan company (operator of ACG development).
BP increased handover of associated gas to Azerbaijan, in particular to State Oil Company of Azerbaijan (SOCAR), by 380 million cub.m. or by 23.4% against the same period last year.
Associated gas from the ACG development is handed over to SOCAR free of charge.
In 2013 SOCAR handed over 2.19 billion cub.m. of associated gas to SOCAR against 3.4 billion cub.m. in 2012. In 2013 Azerbaijani population consumed about 2.3 billion cub.m. of gas.—0—
Economics
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Azerbaijani President Ilham Aliyev signed a decree on Monday aimed at improving social welfare, increasing the country’s minimum monthly wage to 400 manats ($235) starting January 1, 2025.
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Turkish companies YDA and ASFAT plan to build a shipyard near Kazakhstan's port of Kuryk to address the country's domestic fleet shortage, Kazakhstan's Minister of Transport Marat Karabaev announced on Monday during a parliamentary session. The project underscores Kazakhstan's ambitions to strengthen its maritime capabilities and logistics infrastructure.
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Kazakhstan's Minister of Transport, Marat Karabayev, unveiled the country’s bold roadmap for transforming itself into a premier transport and logistics hub in Eurasia. Speaking in parliament on Monday, Karabayev detailed strategies to capture a share of the massive $1 trillion annual freight flows between the East-West and North-South corridors.
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The ASCO-owned ferry "Shahdag," freshly refurbished, has resumed operations on the Azerbaijan-Kazakhstan route, aiming to alleviate severe truck congestion at ports on both sides of the Caspian Sea.
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