The Ecology Department of State Oil Company of Azerbaijan (SOCAR) has been working on the evaluation of impact of a new deep-water offshore platform No 7 on the Guneshli field on environment.
SOCAR reported that the platform will be built by Neftegasstroi and it will be designed by SOCAR’s Scientific Institute.
The same source said that the Ecology Department has conducted monitoring on the Guneshli field. The monitoring results have been used to define the measures to be taken to reduce negative impact on environment.
The plan of environment management for each big section of the project has been also drafted.
Guneshli field is being developed since 1980. The field ensures up to 65% of entire SOCAR’s oil production.—0—
Economics
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The Turkish company Aksa Doğalgaz, part of Kazancı Holding, has announced the completion of the contractual process to purchase the gas distribution companies Bursagaz and Kayserigaz. These companies have been operating under SOCAR Türkiye Energy AS (STEAS) since 2019, according to Aksa Doğalgaz.
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Azerbaijan's Cabinet of Ministers has introduced new regulations establishing the minimum royalties for authors of state-commissioned films, aiming to promote creative works reflecting the country's national identity and cultural values.
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Tea imports to Azerbaijan have increased. According to the State Customs Committee, from January to November 2024, tea imports grew by 3.3% year-on-year to 12,893 tons in volume and by 4.5% in value, amounting to $67.715 million.
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Azerbaijan’s State Railways (ADY) reported a 28% year-on-year increase in transit cargo volumes through the North-South International Transport Corridor (NSTC) in 2024, reaching 814,000 tonnes. This growth underscores the country’s concerted efforts to unlock the strategic potential of the corridor, which connects Northern Europe and Russia to the Indian Ocean.
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