The Azerbaijani Minister of Energy Natig Aliyev discussed prospects for participation of the Italian company Tenaris Global Services in local projects with its Executive Director, Paolo Rocca.
According to the Ministry, it can be done against the background of the opportunities provided by a long-term cooperation with Italian partners, as well as joint projects between Azerbaijan and Italy.
Judging by the negotiations, we are talking about the Southern Gas Corridor service of a number of positions provided for the project and its integral part - the Trans Adriatic Pipeline (TAP), according to which in 2020 gas will be delivered to Europe.
Tenaris Global Services Company was founded in 1909 and for nearly 50 years it has been specializing in serving energy projects. Its offices operate in 50 countries on all the continents. --17D-
Economics
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Kazakh Energy Minister Almasadam Satkaliyev said on Monday that Kazakhstan and Azerbaijan continue to discuss prospects for transporting Kazakh oil through the Baku-Supsa oil pipeline, which has been idle since spring 2022, Kazakh media reported.
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The supply of Azerbaijani gas to North Macedonia will transition to a regular basis in the mid-term, an informed source told Turan.
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In Azerbaijan, the minimum consumption basket may be reassessed next year. This was discussed during a joint meeting of parliamentary committees. The last changes to the consumption basket were made a decade ago. However, during this period, inflation has risen, and the cost of the minimum living standard has also increased. Moreover, some experts believe that the current minimum consumption basket in Azerbaijan requires significant updates, with the inclusion of additional goods and services.
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Azerbaijan's draft state budget for 2025 prioritizes strategic objectives outlined by President Ilham Aliyev, including economic growth, social development, and reconstruction of liberated territories, according to senior officials speaking at a parliamentary session on Monday.
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