From January to September 2015 Azerigas company of SOCAR has supplied with gas 217 more settlements of the country, reads SOCAR’s statement.
During this period the company has built 9218 km of new gas pipelines to increase gas transportation possibilities and improve the level of gasification of the settlements. “Another 419 km of the gas pipelines have been repaired,” reads the statement.
The company reported that by October 1, 2015 the company numbered 1,767,919 customers from the population category.
* Azerigas is in charge of gas distribution and sale to the customers on the territory of Azerbaijan. It joined SOCAR on July 1, 2009.—0—
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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