Yesterday in Sochi Igor Sechin, President and chairman of Board of Rosneft company, had a working meeting with Robert Dudley, Managing Director of British Petroleum group, and Carl Henrick Stavanberg, chairman of BP Board of Directors, reported press office of the Russian oil company.
“The sides have discussed some corporate issues and the course of implementation of the current projects. Rosneft and BP have mentioned a significant potential for further development of mutually beneficial cooperation and decided to accelerate consideration of possibilities of the companies’ involvement in new joint perspective projects,” reads the statement.
BP is the biggest private shareholder of Rosneft.—0—
Economics
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Azerbaijan President Ilham Aliyev has signed a decree to strengthen social protection for pensioners by implementing pension indexation, effective from January 1, 2025.
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The Italian government has extended the deadline for applications in the international tender for the sale of several strategic assets until February 14, confirming that a bidder from Azerbaijan remains among the frontrunners.
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An investigation led by Ghalib Toghrul, Chairman of the Board of the Center for Economic Research, has highlighted budgetary expenditures in the Azerbaijani districts of Aghdam, Fuzuli, and Khojavend, focusing on civil service projects linked to the reconstruction of territories liberated from Armenian occupation.
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On February 4, Azerbaijani Economy Minister Mikayil Jabbarov met with a delegation of the International Monetary Fund (IMF) led by Anna Bordeaux, head of the IMF mission in Azerbaijan, to discuss economic cooperation, financial sector issues and structural reforms, the ministry said.
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