In 2013 oil production in Russia increased by 1.2% and is expected to be 523 million tons, while gas production increased by 1.5% - up to 664 billion cub.m., Russian Energy Minister Alexander Novak said yesterday.
The power generation volume is equal to the last year’s level, Novak told Russia 24 TV channel.
According to the Central Dispatcher Department of the Fuel and Energy Complex, in 2012 Russia increased production by 1.3% up to 518 million tons, while export decreased by 1% and totaled 239.6 million tons. Russian Ministry of Energy expects that till 2020 oil production will total 505-510 million tons a year, reported http://oilru.com.--0--
Economics
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Rashad Huseynov has been appointed as the new director of the Center for Agricultural Research under the Ministry of Agriculture, replacing Firdousi Fikretzade who led the center since 2019. Fikretzade stepped down from his position on June 10 at his own request.
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Since July 1, bus and metro fares have increased by 10 qəpik, reaching 50 qəpik. The fare for buses on the Baku-Sumgayit route has risen from 60 qəpik to 70 qəpik. However, it is reported that there has been no improvement in service quality following the price increase. According to complaints, air conditioners are not working on buses operating in the periphery, and overcrowding persists.
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Rovshan Najaf, President of the State Oil Company of the Republic of Azerbaijan (SOCAR), held a meeting with Bojan Kumer, Slovenia's Minister of Environment, Climate and Energy, to discuss bilateral cooperation in the energy sector.
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Azerbaijani Energy Minister Parviz Shahbazov met with a delegation led by the World Bank's Regional Director for the South Caucasus, Roland Price, to discuss the development of cooperation in the energy sector.
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