SOCAR biggest investor in Georgia among oil companies
SOCAR has been received three awards from the Union of Oil Products Importers.
SOCAR has won in the nominated as the bigest taxpayer of 2013 among oil company, the biggest investor among the oil company and as the company that implemented the most important social projects.
Visol Petroleum Georgia company has become the biggest employer of 2013.
Gulf Georgia has been awarded as the company owning the biggest network of petrol stations and Visol Petroleum Georgia as the biggest taxpayer.—0—
Economics
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The Turkish company Aksa Doğalgaz, part of Kazancı Holding, has announced the completion of the contractual process to purchase the gas distribution companies Bursagaz and Kayserigaz. These companies have been operating under SOCAR Türkiye Energy AS (STEAS) since 2019, according to Aksa Doğalgaz.
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Azerbaijan's Cabinet of Ministers has introduced new regulations establishing the minimum royalties for authors of state-commissioned films, aiming to promote creative works reflecting the country's national identity and cultural values.
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Tea imports to Azerbaijan have increased. According to the State Customs Committee, from January to November 2024, tea imports grew by 3.3% year-on-year to 12,893 tons in volume and by 4.5% in value, amounting to $67.715 million.
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Azerbaijan’s State Railways (ADY) reported a 28% year-on-year increase in transit cargo volumes through the North-South International Transport Corridor (NSTC) in 2024, reaching 814,000 tonnes. This growth underscores the country’s concerted efforts to unlock the strategic potential of the corridor, which connects Northern Europe and Russia to the Indian Ocean.
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