From January to September 2013 Kazakhstan extracted 60,516 million tons of oil, including gad condensate, up 3.1% against the same period last year, reported Kazakhstan Statistical Agency.
According to the Statistical Agency, crude oil production totaled 51,503 million tons (growth by 4.8%), while condensate - 9.013 million tons (reduction by 5.4%).
From January to September 2013 Kazakhstan extracted 30,903 billion cub.m. of natural gas (growth by 2.8%). Of this volume natural gas totaled 14,861 billion cub.m. (reduction by 3%) and associated gas – 15,917 billion cub.m., reported http://newskaz.ru.--0-
Economics
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Azerbaijan President Ilham Aliyev has signed a decree to strengthen social protection for pensioners by implementing pension indexation, effective from January 1, 2025.
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The Italian government has extended the deadline for applications in the international tender for the sale of several strategic assets until February 14, confirming that a bidder from Azerbaijan remains among the frontrunners.
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An investigation led by Ghalib Toghrul, Chairman of the Board of the Center for Economic Research, has highlighted budgetary expenditures in the Azerbaijani districts of Aghdam, Fuzuli, and Khojavend, focusing on civil service projects linked to the reconstruction of territories liberated from Armenian occupation.
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On February 4, Azerbaijani Economy Minister Mikayil Jabbarov met with a delegation of the International Monetary Fund (IMF) led by Anna Bordeaux, head of the IMF mission in Azerbaijan, to discuss economic cooperation, financial sector issues and structural reforms, the ministry said.
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