In January-November Azerbaijan produced 26,891.2 mcm of gas, which was 0.1% less than in the same period last year.
According to State Statistics Committee, in the same period Azerbaijan produced 17,024.8 mcm of marketable gas, which was 4.9% less than in January-November 2015.
In November of this year, Azerbaijan produced 1,534.1 mcm. In November 2015, Azerbaijan’s marketable gas production amounted to 1,676 mcm. That is the volume of marketable gas declined by 141.9 mcm, or by 8.5%.
The State Statistics Committee does not report the reason for the decline. -12B--
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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