Since 2011 gas production grows in Azerbaijan
From January to September 2015 Azerbaijan extracted 14,424,900,000 cub.m. of tank gas (growth by 4.2%). During the same period last year the volume of extracted tank gas in the country totaled 13,845,100,000 cub.m.
According to the specified information of the State Statistical Committee, in 2014 Azerbaijan extracted 18,827,000,000 cub.m. of tank gas (growth by 5.2%), of which 14.99 billion cub.m. was natural gas and 3,837,000,000 cub.m. – associated gas.
This year the country is forecast to produce 19.1 billion cub.m. of tank gas.—0—
Economics
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Azerbaijan’s Minister of Economy, Mikayil Jabbarov, participated in the "Circle of Leaders: Financing the Energy Transition - New Horizons" session during the World Economic Forum (WEF) in Davos, emphasizing the country’s strategic role in global energy security and its green energy transition initiatives.
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Around 200 employees of SOCAR, Azerbaijan's state oil company, staged a strike in Batumi, Georgia, on January 21,demanding wage increases, local outlet Batumelebi reported. Participants included technicians and staff from various departments who argued that their long-standing minimal salaries fail to reflect their workload.
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On January 21, during a meeting in Davos, Azerbaijani President Ilham Aliyev met with Henrik Poulsen, Chairman of the Supervisory Board of Carlsberg Group, and Jacob Aarup-Andersen, the company's CEO. The discussions emphasized Carlsberg Group's expanding presence in Azerbaijan and its commitment to developing local production and sustainability.
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In 2024, Azerbaijan's "Single Window" Export Support Center processed 1,747 requests from businesses and individuals, facilitating the issuance of 3,982 export certificates. According to Vusal Gasimli, Executive Director of the Center for Analysis of Economic Reforms and Communications, these efforts supported export operations valued at USD 288.2 million.
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