The Ambassador of Japan to Azerbaijan Tsuguo Takahashi at a meeting with the delegation of Caspian Energy International Media Group outlined the priorities of bilateral cooperation in the field of non-oil economy.
According to him, in view of the construction of a plant to assemble Isuzu trucks, other Japanese investors are also eyeing the pace of improvement of the investment climate in Baku and beyond. "Official Tokyo has invested soft loans in the construction of thermal power plants, so the sixth part of the local electricity is produced with the support of the Japanese government," said Takahashi, recalling that his country is totally dependent on imports.
The Ambassador recalled that Japan buys 8% of its oil from Russia, and the rest - in the Middle East, so they are interested in the development of the Caspian oil, and added the wish of the imminent visit of a high-ranking delegation from Tokyo to Baku. --17D-
Economics
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BP, which has been operating in Azerbaijan for almost 32 years and is a strategic partner of the country, has outlined its steps for 2025 and the medium-term future, both for ongoing projects ("Shah Deniz," "Azeri-Chirag-Gunashli" – key fields of the country) and for the "green" project of creating the Shahdag Solar Power Station (SPS) in the Jebrail district. BP's vision was shared by Vice President for the Caspian Region, Bakhtiyar Aslanbeyli.
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Last week, another round of negotiations between SOCAR and Tatneft took place in Baku, as the two companies have been discussing potential cooperation for the past three years.
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Azerbaijan’s corporate sector needs to develop an appropriate system for assessing employees, according to Jalal Gasimov, CEO of PASHA Holding. Speaking at the Human Development Forum in Baku, Gasimov emphasized the importance of moving beyond merely evaluating employees based on performance outcomes.
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The launch of the Azeri Central East (ACE) platform in Azerbaijan's Caspian Sea shelf marked an important milestone for BP in 2024, said BP CEO Murray O'Kinkloss on February 11, presenting the company's 2024 report.
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