SOCAR has started the payment of a lump sum financial assistance in the amount of 15 thousand manats to the families of oilmen, dead and missing as a result of the fire on the platform №10 on the field Guneshli.
Recall that at the time of the accident and fire on December 4 seven people were killed and 23 were lost. Thirty-three oil workers were saved.
Earlier, similar compensation was paid to the families of the three oil workers lost on December 4 from another field - Oil Rocks.
"The process of payment is to be completed within five days," SOCAR said.
In addition to the lump sum assistance, the families of victims and missing people will receive insurance payments in the amount of 80 to 140 thousand manats, depending on the seniority of the employees and the number of their family members. -06D-
Economics
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On July 26, the Ministry of Economy hosted a meeting with entrepreneurs from the non-oil industry to explore ways to stimulate local production and enhance export potential.
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Azerbaijani internet service providers Aztelekom and Baktelekom will introduce substantial changes to their pricing structure starting August 15, the companies announced today. Under the new tariffs, the minimum internet speed will rise to 100 Mbit/s, with the cost per Mbit/s decreasing from 0.45 AZN to 0.25 AZN. As a result, monthly charges will be set at 25 AZN for 100 Mbit/s, 30 AZN for 150 Mbit/s, and 36 AZN for 250 Mbit/s.
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Independent experts suggest that Azerbaijan may be on the verge of another devaluation of its currency, the manat, due to a shrinking trade and payment surplus. The anticipated economic adjustments come amidst a decline in foreign currency inflows and reduced oil production.
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Azerbaijan’s Foreign Minister Jeyhun Bayramov met today with Ahmed Moallim Figi, the Minister of Foreign Affairs and International Cooperation of Somalia, at the Azerbaijani Foreign Ministry. This meeting followed a discussion held the previous day between Figi and Azerbaijan’s Economy Minister Mikail Jabbarov.
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