In the first Eurasian conference "Developing the energy economy of the Caspian region: challenges and opportunities", Azerbaijani President Ilham Aliyev received Secretary General of the Gas Exporting Countries Forum, Mohammad Hussein Adeli.
The official website of the head of state gives no details of the meeting, but the talk is about the prospects for the delivery of Azerbaijani gas to Europe and about the importance of seeking funds to implement the Southern Gas Corridor and the flexibility of contracts for the sale of "blue fuel". The day before, Secretary General of GECF actively participated in the discussion on these topics at the conference. --17D-
Economics
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Azerbaijani Economy Minister Mikail Jabbarov and Belarusian Deputy Foreign Minister Igor Nazaruk have met to discuss the creation of joint production enterprises as part of a broader effort to strengthen economic ties between their countries.
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Azerbaijan, Georgia, Romania, and Hungary have signed a joint stock agreement in Bucharest on Tuesday to establish a joint venture (JV) for the implementation of the Black Sea Submarine Cable (Black Sea Energy) project. The initiative aims to create a green energy corridor connecting Azerbaijan to Europe.
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The revenues of the State Oil Fund of the Republic of Azerbaijan (Sofaz) from the “Azeri-Chirag-Gunashli” (ACG) field block decreased by 9.6 percent during the first eight months of this year, according to data published by Sofaz.
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Azerbaijan's Agrarian Subsidy Council has announced the new crop coefficients, seed and seedling quotas, and planting requirements for 2025, in a decision aligned with the "Rules for Subsidizing Agricultural Production" as per the Decree of President Ilham Aliyev issued on June 27, 2019.
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