The cost of production of 1,000 cubic meters of gas by the oil and gas producing departments of SOCAR in 2015 amounted to 45.42 manat, and the average price of gas transmitted to Azerbaijan by international operating companies within the PSA agreements is 56.48 manat per 1 000 m³ . This was stated by the spokesman for SOCAR Nizamaddin Guliyev.
According to him, the cost of SOCAR for processing, storage, transportation and supply amounted to 52.02 manat per 1,000 cubic meters. “Thus, in 2015 the average cost of gas sold was formed at the level of 108.31 manat per 1 000 m³,” he said.
Guliyev also noted that this year the cost of production of 1,000 cubic meters of gas amounted to 55.16 manat, the average price of gas transmitted to Azerbaijan by international operating companies within the PSA agreements was 99.15 manat per 1 000 m³, the costs of SOCAR for processing, storage, transportation and supply were 53.97 manat per 1,000 cubic meters, and the average cost of gas sold was 140.42 manat per 1,000 cubic meters.
According to him, the figures in 2017 are forecasted at the level of, respectively, 49.2, 93.71, 47.95, and 121.88 manat. -0--
Economics
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Russia could partially reroute its natural gas supplies to European countries through Turkey and Bulgaria, bypassing Ukraine, using the "Balkan Stream" and the Trans-Balkan Pipeline, according to Alexei Belogoryev, Director of Research at the Institute of Energy and Finance.
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Representatives of Azerbaijan's Land Transport Agency (AYNA) and the State Customs Committee visited the Julfa and Poldasht border checkpoints to address challenges in cargo transport and enhance border efficiency with Iran.
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The Azerbaijani government has adopted new guidelines to facilitate employment for individuals with special social protection needs and those facing difficulties in securing jobs. The resolution, approved on December 29 by the Cabinet of Ministers, outlines targeted programs aimed at job creation through public-private collaboration.
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The Cabinet of Ministers of Azerbaijan has approved new regulations to facilitate targeted employment programs aimed at supporting individuals with special social protection needs and those facing employment challenges. The measures, under the State Employment Agency, seek to enhance job creation in priority economic sectors.
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