State Oil Company of Azerbaijan (SOCAR) has conducted seismic survey on the salt field near Negram village in Nakhchivan Autonomous Republic (NAR), where it is planned to build a new gas storage, reads SOCAR’s statement.
According to the same information, 3-D seismic survey was conducted on the area of 27.5 sq.km to specify the possibility of building of underground gas storage in this area and 2-D seismic survey on 12.4 linear km.
The company has been working now to interpret the data. The information will be used to study the geological structure of the field.
The information reads that drilling of the exploration well No 1 has been completed on the territory.—0--
Economics
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Rashad Huseynov has been appointed as the new director of the Center for Agricultural Research under the Ministry of Agriculture, replacing Firdousi Fikretzade who led the center since 2019. Fikretzade stepped down from his position on June 10 at his own request.
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Since July 1, bus and metro fares have increased by 10 qəpik, reaching 50 qəpik. The fare for buses on the Baku-Sumgayit route has risen from 60 qəpik to 70 qəpik. However, it is reported that there has been no improvement in service quality following the price increase. According to complaints, air conditioners are not working on buses operating in the periphery, and overcrowding persists.
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Rovshan Najaf, President of the State Oil Company of the Republic of Azerbaijan (SOCAR), held a meeting with Bojan Kumer, Slovenia's Minister of Environment, Climate and Energy, to discuss bilateral cooperation in the energy sector.
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Azerbaijani Energy Minister Parviz Shahbazov met with a delegation led by the World Bank's Regional Director for the South Caucasus, Roland Price, to discuss the development of cooperation in the energy sector.
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