SOCAR for Nine Months Reduced Gas Production by 8.8%
SOCAR in January-September 2016 produced 4,706.5 mcm of gas, which is 8.8% less than the same period last year. This was reported on the company's website.
In September 2016 the company produced 481.8 mcm of gas.
In general, in Azerbaijan in January-September 2016 production amounted to 22,288.8 mcm of gas (+3.4% growth), including 2,311.9 mcm in September.
In 2015, SOCAR produced 6,871.4 mcm of gas. In general, in Azerbaijan, production totaled 29,742.7 mcm. -12D--
Economics
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Azerbaijani President Ilham Aliyev has signed amendments to two presidential decrees, refining the roles and appointments of the State Customs Committee's representatives abroad, including in international organizations.
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Auditing organizations and independent auditors in Azerbaijan concluded 7,232 contracts valued at 133.2 million manats ($78.4 million) in 2023, reflecting increases of 20% in the number of contracts and 7.1% in their total value compared to the previous year, according to the Chamber of Auditors.
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The third meeting of the auction commission was held to evaluate the proposals submitted by participants in the auction for the Gobustan Solar Power Plant project, supported by the European Bank for Reconstruction and Development (EBRD). The meeting focused primarily on determining qualification eligibility and selecting the auction winner, according to the State Agency for Renewable Energy Sources.
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There is no sensationalism in the recent renaming of the Azerbaijani ship Karabakh to Mingachevir; the new name was given to the ship to ensure that two vessels would not operate under the same name, the Merchant Fleet of Azerbaijan Caspian Shipping Company (ASCO) CJSC told Turan.
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