The XIII professional conference “New Russia. New Energy” will take place in Baku from September 23 through September 25.
The conference is organized by the non-commercial partnership Council of Energy Producers.
“The conference will help to develop international ties in field of electric energy in the interests of the CIS member-states. The program of the conference includes the sessions on the urgent issues of thermal energy, fixing common demands to the energy system and the perspectives of electric energy development.”
The representatives of Russian state agencies, top managers and heads of the companies-members of the Council of Energy Producers, which unites all biggest thermal generating companies of Russia, will take part at the conference.--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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