The Azerbaijan Ministry of Emergency Situations has worked out the national plan of measures to prevent oil spill, Tariel Huseynov, chief of the Ministry’s Department to Develop Infrastructure, said yesterday during his speech at the seminar “Reduction of Atmospheric Emission, Prevention of Oil Spill and Cleaning Technologies.”
“The document has been worked out, discussed several times and it is going to be submitted to the Cabinet of Ministers,” he said.
Three seminars devoted to oil spill, offshore technologies development and oil wells drilling technologies organized by the Norwegian embassy in Azerbaijan, Azerbaijan Ministry of Emergency Situations, SOCAR, Caspian Drilling and Statoil companies will take place in Baku from October 29 to 31, 2013.
Over 20 Norwegian companies will hold presentations about various fields of oil and gas industry of the country during the seminars.—0-
Economics
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On July 26, the Ministry of Economy hosted a meeting with entrepreneurs from the non-oil industry to explore ways to stimulate local production and enhance export potential.
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Azerbaijani internet service providers Aztelekom and Baktelekom will introduce substantial changes to their pricing structure starting August 15, the companies announced today. Under the new tariffs, the minimum internet speed will rise to 100 Mbit/s, with the cost per Mbit/s decreasing from 0.45 AZN to 0.25 AZN. As a result, monthly charges will be set at 25 AZN for 100 Mbit/s, 30 AZN for 150 Mbit/s, and 36 AZN for 250 Mbit/s.
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Independent experts suggest that Azerbaijan may be on the verge of another devaluation of its currency, the manat, due to a shrinking trade and payment surplus. The anticipated economic adjustments come amidst a decline in foreign currency inflows and reduced oil production.
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Azerbaijan’s Foreign Minister Jeyhun Bayramov met today with Ahmed Moallim Figi, the Minister of Foreign Affairs and International Cooperation of Somalia, at the Azerbaijani Foreign Ministry. This meeting followed a discussion held the previous day between Figi and Azerbaijan’s Economy Minister Mikail Jabbarov.
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