In last week's methanol plant (AzMeCo) of Azerbaijan (in Garadagh district of Baku) has suspended its activities. Representative plant Hatamov Fuad said that the plant has suspended operations due to the cessation of gas supplies by SOCAR. Natural gas is the main raw material for the plant.
However, both told the agency Turan in SOCAR, AzMeCo did not want to pay for the raw materials used at the market price.
Yesterday, the local press reported that the owner AzMeCo Nizami Piriyev detained by law enforcement agencies in Baku. The Court chose to regard a measure of restraint in the form of arrest for a period of 4 months. According to information Piriyev accused of fraud and embezzlement of public property.
Methanol plant began production only in 2014. Last year the plant has exported 100 thousand methanol. Company products in the local market is not realized. Among the clients of the plant as BP International.—0--
Economics
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In November, the State Tax Service fined 608 entrepreneurs who received payments for goods and services from clients' bank cards directly to their personal bank cards. Similar reports of fines for card-to-card transactions were issued by the Tax Service in October. The agency clarified that these violations were identified during monitoring activities at retail and catering establishments in Baku.
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Azerbaijan has undertaken significant regulatory reforms to advance its digital and transport sectors, President Ilham Aliyev announced on Thursday, signing a decree amending the regulations governing the activities of the Ministry of Digital Development and Transport.
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The Ministry of Agriculture of Azerbaijan has announced the return of its renowned fair, "From Village to City," which will take place from December 21 to 30 in Baku. The event, held in the Narimanov district near the "Ganjlik" metro station, will provide farmers with a platform to sell their products directly to consumers, bypassing intermediaries.
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From December 1, 2024, the State Oil Company of the Azerbaijan Republic (SOCAR) has commenced gas deliveries to Slovakia under an agreement reached in November with SPP, Slovakia's state-owned energy firm, SOCAR announced in a press release.
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