The Israeli businessman Abraham Nanikashvili is considering the possibility of selling his share in the construction of private power station in Be'er Tuvia to the International Bank of Azerbaijan, reported on December 1 edition The Marker.
According to the publication, Nanikashvili owns 60% interest in Triple-M Power Plants Ltd, which is building the power plant. Total project cost is $ 400 million. Over the past three years Nanikashvili and its partners have invested in it 200 million Shekels. It is assumed that the power capacity of 430 megawatts will be built in the industrial area of Be'er Tuvia in the south of Israel, IzRus reports.
Why does the Bank of Azerbaijan needs these assets, and what percentage can be purchased, the source does not report. About Nanikashvili it is known that he has invested heavily in the search for gas in the Israeli shelf of the Mediterranean, but gas was not found. -02D-
Economics
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On September 6, the State Oil Company of Azerbaijan (SOCAR) has announced a partnership with American oilfield services firm Halliburton to conduct research aimed at reassessing the hydrocarbon potential of the shallow-water section of the Guneşli field.
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The Food Safety Agency of the Republic of Azerbaijan (AQTA) is advancing its process of incorporating foreign high-risk food and feed production facilities into its official registry, the agency announced on Friday.
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Azerbaijan’s "Green Energy Zone" Working Group held its latest hybrid meeting to review the implementation of projects within the framework of the country's Social and Economic Development Strategy for 2022–2026, the Ministry of Energy reported on Wednesday.
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The historic city of Shusha, with its rich cultural heritage, hosted the International Day of Gastronomy on Thursday, a vibrant event organized by the State Tourism Agency, the Shusha City State Reserve, and the National Culinary Center. This event served as a bridge between various cultures and culinary traditions, showcasing the richness of the Islamic world's cuisine through the celebration of the iftar table.
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