77% of the preparations for the supply of the first Azerbaijani gas within the second stage of the gas condensate field development project Shah Deniz in 2018 are ready, the Regional President of BP for Azerbaijan, Georgia and Turkey, Gordon Birrell told reporters.
As part of the pre-drilling, 10 pre-drilling wells were drilled.
‘We have already established three of the four reinforcement systems for subsea manifolds. In addition, the construction of the vessel Khankendi is being completed and in the second quarter of 2017 it will be released into the sea for the installation of manifolds,’ he said.
‘The gas in the second half of 2018 will be delivered to Turkey through the pipeline Trans-Anatolian (TANAP), and by 2020 - to Europe via TAP,’ Birrell said. -12B--
Economics
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On 21 December, Russian Transport Minister Roman Starovoit met with Azerbaijani Minister of Digital Development and Transport Rashad Nabiyev at the Russian Ministry of Transport.
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Hundreds of trucks are stuck in the Kazakh port of Kuryk, facing delays for several days while waiting for ferry transport to Azerbaijan, the Azakhstan portal reports lada.kz. The backlog is due to a combination of reduced ferry availability, adverse weather conditions, and an influx of cargo rerouted because of expanded sanctions on Russia.
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Members of the Association of Independent Industrialists and Businessmen (MÜSIAD) have invested 61.3 million manats in Azerbaijan's economy over the past three years, Rashad Jabirli, chairman of "MÜSIAD Azerbaijan," revealed during a media briefing.
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While the global economy faces persistent challenges, trade between China and Azerbaijan has defied downward trends, demonstrating significant growth. According to official statistics from Azerbaijan, bilateral trade in 2023 reached 3.1 billion US dollars. In just the first ten months of 2024, trade volume increased by 17.1% year-on-year, reaching 3.02 billion US dollars, putting the annual trade figure on track to hit a record high.
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