The SOCAR Vice President on Economic Issues Suleiman Gasimov told reporters JSC Azerenergy started to pay the SOCAR bills for the supplied natural gas.
Thus, according to him, the money in full was transferred for the deliveries in April and May of this year, which was promoted by the new payment mechanism approved by the Cabinet of Ministers of Azerbaijan on January 1. A special account was opened for the state monopoly, which accumulates money received from electricity users. Half of the funds repay the natural gas supplied by SOCAR.
The Vice President of the company noted the partner’s debt at 348 million AZN, a tenth of which was formed in January-March this year, and 314 million AZN is the debts of previous years. --17D-
Economics
-
Croatian Prime Minister Andrej Plenković announced enhanced efforts by Croatia to protect the Adriatic Sea and advance renewable energy projects during his address at the COP29 summit in Baku on Wednesday.
-
Italian Prime Minister Giorgia Meloni on Wednesday called for collective action to limit global warming to 1.5 degrees Celsius during her address at the COP29 summit in Baku, emphasizing the need for a united response to the climate crisis.
-
Greek Prime Minister Kyriakos Mitsotakis on Wednesday urged European leaders to pursue a "smart green deal" at the COP29 summit in Baku, advocating for a balanced approach to the energy transition that takes into account both environmental and economic realities.
-
Kuwait’s Crown Prince Sheikh Sabah Khaled Al Hamad Al Sabah affirmed the country’s commitment to environmental sustainability during a high-level meeting at the COP29 summit in Baku on Wednesday, emphasizing Kuwait’s adherence to international climate agreements, including the Kyoto Protocol and the Paris Agreement.
Leave a review