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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Azerbaijan’s Ministry of Energy announced significant strides in deploying green energy projects within recently liberated territories, aiming to establish a comprehensive green energy zone in the regions of Karabakh and Eastern Zangezur.
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For over two months now, the "BakıKart" mobile application has been experiencing persistent problems. While there have been no issues with card payments on the Baku Metro and most buses, the same cannot be said for its mobile app. Many users report that the app either does not open at all, asks for a password and then crashes after entry, or opens but fails to display the account balance.
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Azerbaijan, where agriculture forms a crucial pillar of the economy, is responding to mounting climate challenges by implementing a series of strategic reforms aimed at boosting the sector’s resilience and sustainability. The government, facing reduced precipitation and erratic weather patterns, is seeking to transform adversity into an opportunity for growth and innovation.
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Azerbaijan’s industrial parks are drawing increasing interest from Saudi investors as discussions between Azerbaijani Economy Minister Mikail Jabbarov and a visiting Saudi delegation have highlighted potential investments across several sectors. The talks, held in Baku, focused on promoting mutual investments and creating joint ventures to further deepen economic ties between the two countries.
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