The check-ups conducted by the Turkish state agencies in various companies, including Petkim are not related to SOCAR’s operations in this country, Turkish Minister of Energy and Natural Resources Berat Albayrak said at the meeting with SOCAR’s President’s Rovnag Abdullayev. The meeting has taken place after the session of the high level Economic Dialogue with the international investors in Ankara, which was attended by SOCAR’s President.
Minister was interested with the course of implementation of SOCAR’s projects in Turkey and the projects implemented by the Turkish companies in Azerbaijan.
Albayrak said that SOCAR’s investment projects are implemented according to the schedule and the latest events in Turkey’s political life did not affect the course of works.—0—
Economics
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Azerbaijan has dispatched its first rail cargo shipment from Baku to China, marking a significant milestone in its ambitions to become a critical hub along the Middle Corridor. The Azerbaijan Railways (ADY) confirmed on Sunday that the inaugural "Baku-Xi'an" export block train, comprising 62 40-foot containers, has begun its journey.
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Azerbaijan’s Cabinet of Ministers approved a detailed framework for the preparation of sector-specific strategic plans aimed at guiding the country’s economic development over the medium term.
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Azerbaijan’s ADY Express, a subsidiary of Azerbaijan Railways CJSC, signed several strategic agreements on the sidelines of the Logitrans Türkiye 2024 exhibition in Istanbul, Turkey, reinforcing its commitment to expanding freight transport services along the Middle Corridor.
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Azerbaijan plans to establish state-of-the-art battery storage facilities for green energy with a total capacity of 350 MW within the next 4-5 years, a well-informed source in the Ministry of Energy told Turan.
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