In January 2013 Georgia bought power only from Russia and exported power only to Russia.
According to the statistical data of the Georgian Commercial Operator of Power System, in January 2013 Georgian imported 126.58 million kwh power from Russia, up 46.3 million kwh against 2012 (80,191 million kwh).
In January 2012 it imported 296,676 kwh of power from Azerbaijan. In January 2013 Georgia did not export power from Azerbaijan.
In January 2013 Georgia delivered 1,015 kwh power to Russia. In January 2012 Georgia did not export power from Russia. In January 2012 Georgia exported1,135 kwh of power to Azerbaijan.
In 2012 the country imported 641,059 million kwh of power and exported 528,015 million kwh of power.
Georgia exchanges power with Russia, Azerbaijan, Armenia and Turkey.—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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