Number of Azerigas customers exceeded 1.9 million
By June 1, 2016 total number of customers of Azerigas, gas distribution company of SOCAR, reached 1,909,513.
SOCAR press office reported that in May 2016 Azerigas registered 11,423 new customers from the population. 2,253 of them were registered in Baku, Sumgait and Absheron region and 9,017 of them in the regions of the country.
The company reported that by June 1, 2016 130,682 families of internally displaced people are supplied with discounted gas. Gas is also supplied to 359 mosques and other religious organizations in Azerbaijan for free.—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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