President Ilham Aliyev ordered to cancel the electricity debt of the population of the Nardaran village in the Baku suburbs, amounting to more than 42 million AZN. He said this to the Nardaranis today, during the opening ceremony of the road Mashtaga-Bilgah after capital repair, urging the people not to allow such curiosities in the future.
On November 28, 2015 Turan News Agency published an article on the topic of the debt and decided to reprint it due to the urgency of the matter, which concerns not only Nardaran, but also Azerbaijan as a whole.—0--
Economics
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BP Plc plans to start gas production from the deep gas reservoirs of the Azeri-Chirag-Gunashli (ACG) block by the end of 2025, BP-Azerbaijan's head of press service, Tamam Bayatly, told reporters.
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In a strategic move to bolster innovation and technological advancement, Azerbaijan’s İRİA (Innovation and Digital Development Agency) and Israel Aerospace Industries (IAI) have signed a Memorandum of Understanding (MoU). The agreement aims to deepen economic, industrial, scientific, and technological collaboration between the two countries.
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BP, on behalf of its partners in the Azeri-Chirag-Gunashli (ACG), Baku-Tbilisi-Ceyhan (BTC), Shah Deniz, and South Caucasus Pipeline projects—including SOCAR, TPAO, LUKOIL, SGC, NICO, MOL, INPEX, ExxonMobil, ITOCHU, ONGC Videsh, Eni, MVM, and TotalEnergies—has announced the successful conclusion of the latest round of the "Skills for the Future" educational project, launched in 2023.
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BP-Azerbaijan, the operator of Azerbaijan's flagship Shah Deniz gas field, has unveiled plans for the construction of a new platform, marking a significant step forward in the development of the field. This project is effectively a third phase in the exploitation of one of the Caspian Sea's largest energy reserves.
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