Since 2020 Georgia, which is among the partners of the Southern Gas Corridor (SGC) project, hopes to receive about 1 bcm of natural gas a year for Azerbaijani gas transit, said Georgian Premier Georgii Kvirikashvili.
Press office of Georgian Premier reported that on Tuesday Kvirikashvili attended the ceremony devoted to construction of the Greek section of the Trans Adriatic pipeline (TAP), via which Azerbaijan gas will be exported to Europe, in Salonica city.
According to the Azerbaijani Georgian intergovernmental agreement on Azerbaijani gas transportation, Georgia receives 5% of volume of gas as a transit fee for transportation of every 1000 cub.m. of gas via its territory.—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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