PWC to Assess Financial Performance of Azerkosmos
Azerkosmos JSC has entrusted the verification of the financial statements for 2014 to the international auditing company PricewaterhouseCoopers.
According to the statement by the company, PWC won the corresponding tendering, that is why it has been contracted to audit the financial statements of Azerkosmos JSC.
Azerkosmos JSC was created in 2010 for launching the national satellite for ICT, management and implementation of operational works. In addition, it selects insurers and cooperates with international satellite operators, and conducts a variety of research in this direction. --17D-
Economics
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Azerbaijan’s Milli Majlis ratified the second amendment to the agreement on the joint development of the Azeri-Chirag-Gunashli (ACG) oil and gas block during its plenary session on Wednesday. The bill was submitted to parliament as a legislative initiative by President Ilham Aliyev.
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The 104th meeting of the Commonwealth of Independent States (CIS) Economic Council was held in the Russian capital, with representatives from member states discussing enhanced economic collaboration and key regional initiatives. Azerbaijan was represented by First Deputy Prime Minister Yagub Eyyubov.
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Azerbaijan’s Information and Communication Technologies Agency (IKTA) reported significant improvements in the quality of internet and telecommunications services in the first half of 2024, driven by a comprehensive assessment framework and enhanced regulatory measures.
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In 2024, Azerbaijan will double its gas supply to Bulgaria, which not only uses this gas for its own needs but also partially sends it to its Balkan Gas Hub and, by agreement with SOCAR, organizes the transit of various volumes to its neighbors.
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