Construction of the residential module platform for the second phase of the Vladimir Filanovsky field development by LUKoil company in the Russian sector of the Caspian Sea has started at Krasniye Barrikady ship building plant in Astrakhan, reported LUKoil press office.
Two support blocks and upper building of the residential platform and the transition bridge connecting the residential module with the field will be built at the plant.
The residential module will accommodate 55 people and will be equipped with the helipad.
The residential module will be put into operation in autumn 2016.—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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