During 6 months, 2016 Azerenerji, state monopoly generating power in Azerbaijan, generated 10.8 billion KWh, reported press office of the company.
From January to June 2015 Azerenerji generated 11.5 billion KWh of power. Thus, from January to June 2016 power generation decline constituted 6.1%.
In June 2016 Azerenerji generated 1.6 billion KWh of power.
Power generation has declined at the power stations of Azerenerji, because of the climate: this year winter in Azerbaijan was milder, than last year. This year there were only several hot days in June.
In 2015 Azerenerji generated 22.5 billion KWh of power.—0—
Economics
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According to the State Customs Committee, in the first eleven months of this year, Azerbaijan transported 6.96 million tons of cargo by rail, worth $3.01 billion. This represents a 4% decrease in volume and a 10.1% decline in value compared to the same period in 2023.
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The Cabinet of Ministers of Azerbaijan has approved a set of regulations to govern the approval of agreements under the country’s competition law, aimed at fostering compliance with legal frameworks and enhancing market transparency.
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Azerbaijan's ambitious program to restore territories liberated from Armenian occupation has attracted attention due to the extensive use of single-source procurement methods, raising concerns about transparency and corruption.
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Azerbaijan recorded a 2% increase in wheat imports from January to November 2024 compared to the same period in 2023, underscoring its continued reliance on external sources to meet domestic demand. This growth comes amid a significant decline in domestic wheat production, which decreased by 148,100 tons in 2024, further intensifying the need for imported supplies.
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