By March 1, 2016 Azerigas gas distribution company of State Oil Company of Azerbaijan (SOCAR) totaled 1,869,274 customers.
According to SOCAR, in February 2016 the company registered 18,504 new customers from the population, of which 2,667 ones in Baku, Sumgait and Absheron peninsula and 15,837 ones in the Azeri regions.
By March 1, 2016 128,408 families of internally displaced people (IDPSs) are supplied with gas on privileged conditions 350 mosques and other religious temples in Azerbaijan receive free gas.—0—
Economics
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Azerbaijan is set to significantly increase the proportion of electricity generated from renewable sources, currently standing at 14.4%, Deputy Economy Minister Samad Bashirli announced on Thursday at the Think Tanks Forum of the Organization of Economic Cooperation (OIC) held in Baku.
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Azerbaijan has entered into a partnership with Italian energy firm Technip Energies SpA to implement a pyrolysis oil production project aimed at enhancing waste recycling and promoting sustainable development, officials said on Tuesday.
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Belarus and Azerbaijan signed multiple cooperation agreements on Tuesday following talks between Belarusian Prime Minister Roman Golovchenko and Azerbaijani Prime Minister Ali Asadov during Asadov’s official visit to Minsk on October 3.
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Azerbaijan's state borrowings continue to increase, despite the country still benefiting from high global oil prices. The Ministry of Finance of Azerbaijan reported that as of the first half of 2024, the country's state debt amounted to 25 billion manats, which corresponds to 21% of its Gross Domestic Product (GDP).
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