PASHA Sigorta OJSC won the tender of the State Oil Fund of Azerbaijan (SOFAZ). According to the information on the site of the accumulating body, the company will insure the Fund’s property.
The official contract was signed by the parties on March 7, according to which the property in the new administrative building of the Fund in Baku will be insured mandatorily, including all engineering structures, as well as the responsibility of the owner of the property in operation. In addition, a policy is issued on voluntary car insurance (Hull).
OJSC PASHA Sigorta with an authorized capital of AZN 35 million is in the group PASHA Holding. A license to operate was received in July 2006 and it provides services on 31 types of insurance. --17D-
Economics
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Azerbaijan’s Information and Communication Technologies Agency (ICTA) held a meeting with representatives of internet service providers (ISPs) and telecom operators to address concerns over the accuracy of reported internet speeds and the country’s ranking in global broadband performance indices.
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Bulgaria considers Azerbaijan a key strategic partner in the energy sector, as the country plays a crucial role in diversifying gas supplies and strengthening regional energy security, Bulgaria’s newly appointed Energy Minister Jecho Stankov said during a meeting with an Azerbaijani delegation.
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Rovshan Najaf, president of Azerbaijan’s state oil company SOCAR, met with Majid Jafar, CEO of Crescent Petroleum, on February 6 to discuss potential avenues for collaboration in the energy sector. The meeting marked an important step in strengthening ties between the two companies, with both sides exchanging insights on their respective operations and assessing opportunities of mutual interest.
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Rovshan Najaf, president of the State Oil Company of Azerbaijan (SOCAR), met with Sašo Berger, chairman of Slovenian energy company Petrol dd, and Simon Urbanc, CEO of Geoplin doo, on February 6, underscoring growing cooperation in the natural gas sector between Azerbaijan and Slovenia.
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