In accordance with the scope of services provided to clients the company Pasha Capital in September 2013, maintained its lead in the ranking of the brokers of the government and corporate securities market (excluding repo operations ) . This month, it had a brokerage service in the amount of 45.52 million manat. The second place was at Unicapital with the amount of transactions in 39.69 million, it dropped to the third place the company Chelsea Capital, whose brokerage services were provided at 28.43 million manat.
The number of brokers working in the market, in September compared with the previous month remained at 8. - 15D -
Economics
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The European Commission views Azerbaijan’s increasing gas exports to Europe as a vital alternative for ensuring the EU’s energy security, European Union Energy Commissioner Kadri Simson told Turan in an exclusive interview during the COP29 summit in Baku.
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The State Oil Company of Azerbaijan (SOCAR), which joined the global Oil and Gas Methane Partnership 2.0 (OGMP 2.0) earlier this year, hosted a forum on November 15 within the "Green Zone" of COP29. The event, titled "OGMP 2.0 Leadership Forum," brought together key stakeholders to discuss progress and prospects for methane emissions reduction in the oil and gas industry.
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Simon Stiell, Executive Secretary of the UN Framework Convention on Climate Change (UNFCCC), highlighted the urgency of climate financing discussions ahead of his visit to the G20 summit in Rio de Janeiro from November 17-20. Stiell, speaking before departing from Baku where the 29th session of the UNFCCC is currently underway, underscored the pivotal nature of the negotiations taking place.
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The State Oil Company of Azerbaijan (SOCAR) is strengthening its presence in Bulgaria's gas distribution sector, aiming to capture 7.5% of the market by the end of 2024. Currently, SOCAR supplies half of Bulgaria's natural gas needs and plans to further increase its market share through strategic partnerships and expanded distribution.
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