Since 2024 Shell company will extract oil and gas in Arctic, reported Singhua quoting the statement of Peter Wozer, Executive Director of the Oil and Gas Holding.
In one of his last interviews Wozer said that “Arctic is rich in oil and gas and the region will be explored.”
After series of halts and incidents during the exploration drilling in Arctic in 2012 Shell announced suspension of exploration in Arctic in 2013 to prepare the equipment and work out the plan to resume the operations later.
“Shell plans to start the exploration drilling in 2014 and 2015, but the issue has not been solved yet,” reported http://www.angi.ru.--0--
Economics
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Rashad Huseynov has been appointed as the new director of the Center for Agricultural Research under the Ministry of Agriculture, replacing Firdousi Fikretzade who led the center since 2019. Fikretzade stepped down from his position on June 10 at his own request.
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Since July 1, bus and metro fares have increased by 10 qəpik, reaching 50 qəpik. The fare for buses on the Baku-Sumgayit route has risen from 60 qəpik to 70 qəpik. However, it is reported that there has been no improvement in service quality following the price increase. According to complaints, air conditioners are not working on buses operating in the periphery, and overcrowding persists.
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Rovshan Najaf, President of the State Oil Company of the Republic of Azerbaijan (SOCAR), held a meeting with Bojan Kumer, Slovenia's Minister of Environment, Climate and Energy, to discuss bilateral cooperation in the energy sector.
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Azerbaijani Energy Minister Parviz Shahbazov met with a delegation led by the World Bank's Regional Director for the South Caucasus, Roland Price, to discuss the development of cooperation in the energy sector.
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