Six new gas compressors will be launched at Stage 1 and four more at Stage 2 of the upgrading. The pressure will be 70-75 Pa.
* SOCAR"s delegation headed by Rovnag Abdullayev (the President) visited the Astara station a few days ago. They approved the upgrading.
* The Astara station is of strategic importance for Azerbaijan. The supplies to the south will increase to 1.8 billion m3 per annum. Iran wants to import 5 billion m3 per annum. The sides are to sign a long-term gas supply agreement this fall. --12D--
Economics
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Azerbaijan’s economic growth is expected to continue in the coming years, although forecasts from ING Group and the United Nations (UN) present slightly differing views on the pace of recovery. ING Group, the largest banking institution in the Netherlands, predicts modest growth in Azerbaijan’s gross domestic product (GDP), while the UN offers a more optimistic outlook.
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The average age of taxi cars in Azerbaijan has dropped from 15 to 7 years, according to a statement from the Azerbaijan Ground Transport Agency (AYNA), which attributes this change to the implementation of reforms.
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Kazakhstan has bolstered its position in international grain markets by resuming exports to Iran and Azerbaijan, according to the country’s Ministry of Agriculture.
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In recent years, Azerbaijan has quietly fostered a vibrant startup ecosystem that is beginning to make waves on the international stage. From digital education platforms to innovations in agrotechnology, these startups reflect the country's growing embrace of technology and entrepreneurship. A combination of government support, international collaboration, and bold entrepreneurial vision has propelled several Azerbaijani ventures into the global spotlight.
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