Azerbaijan has demonstrated its will as a reliable supplier of natural gas. The European Union welcomes the Shah-Deniz-2 project, Gunter Oettinger, EU Energy Commissar, said in Baku at the ceremony of signing of a final investment decision on the Shah-Deniz-2 project.
He said this is a historical decision. EU also welcomes TAP project. “The project opens a new page in cooperation between Europe and Caucasus in the Caspian Sea. This is a brilliant example of cooperation between the companies and the government.
Shah-Deniz-2 offers EU a new and independent gas structure, Oettinger said.—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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