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Rise in gasoline price in Azerbaijan: Premium followed by Super
Baku/03.08.21/Turan: The price for of AI-98 ("Super") gasoline increased in Azerbaijan. Since August 1, fuel of this brand has risen by 5 gapik - from 1.55 to 1.60 manat at gas stations.
The press secretary of SOCAR Petroleum CJSC Uzeyir Gabibbeyli explained the rise in price for AI-98 gasoline by the rise in the purchase price abroad, since this type of gasoline is imported to Azerbaijan.
It should be reminded that on July 31, the price for AI-95 gasoline increased by 5 gyapik (from 1.40 manat to 1.45 manat). This decision has also been motivated by the rise in prices for fuel in the producing country.- 06B-
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- Finance
- 3 August 2021 14:26
Economics
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The Turkish company Aksa Doğalgaz, part of Kazancı Holding, has announced the completion of the contractual process to purchase the gas distribution companies Bursagaz and Kayserigaz. These companies have been operating under SOCAR Türkiye Energy AS (STEAS) since 2019, according to Aksa Doğalgaz.
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Azerbaijan's Cabinet of Ministers has introduced new regulations establishing the minimum royalties for authors of state-commissioned films, aiming to promote creative works reflecting the country's national identity and cultural values.
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Azerbaijan’s State Railways (ADY) reported a 28% year-on-year increase in transit cargo volumes through the North-South International Transport Corridor (NSTC) in 2024, reaching 814,000 tonnes. This growth underscores the country’s concerted efforts to unlock the strategic potential of the corridor, which connects Northern Europe and Russia to the Indian Ocean.
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