Saved Well on Bulla Deniz Ready for Operation
On Friday, the operation for connecting to the product delivery system of the saved well on the offshore field Bulla Deniz in the Azerbaijani sector of the Caspian Sea was completed, Turan reported from the State Oil Company of Azerbaijan (SOCAR).
Thus, the oilmen will continue to ensure the supply of drilling and gas in the delivery system. According to experts, this is a rare event in the world, when the accident accompanied by strong fire was liquidated within two months and the well was put into operation.
Saving the well was carried out jointly by SOCAR experts and the American company BOOTS & COOTS.
Note that the fire on the exploration well number 90 on the Bulla Deniz field began on 17 August 2013. It was put out only in the evening on October 23 of this year. -12D
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- 25 October 2013 19:33
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- 26 October 2013 00:37
Economics
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On July 26, the Ministry of Economy hosted a meeting with entrepreneurs from the non-oil industry to explore ways to stimulate local production and enhance export potential.
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Azerbaijani internet service providers Aztelekom and Baktelekom will introduce substantial changes to their pricing structure starting August 15, the companies announced today. Under the new tariffs, the minimum internet speed will rise to 100 Mbit/s, with the cost per Mbit/s decreasing from 0.45 AZN to 0.25 AZN. As a result, monthly charges will be set at 25 AZN for 100 Mbit/s, 30 AZN for 150 Mbit/s, and 36 AZN for 250 Mbit/s.
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Independent experts suggest that Azerbaijan may be on the verge of another devaluation of its currency, the manat, due to a shrinking trade and payment surplus. The anticipated economic adjustments come amidst a decline in foreign currency inflows and reduced oil production.
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Azerbaijan’s Foreign Minister Jeyhun Bayramov met today with Ahmed Moallim Figi, the Minister of Foreign Affairs and International Cooperation of Somalia, at the Azerbaijani Foreign Ministry. This meeting followed a discussion held the previous day between Figi and Azerbaijan’s Economy Minister Mikail Jabbarov.
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