On November 10, President of SOCAR Rovnag Abdullayev left for Greece, where he held a meeting with the Prime Minister of this country Antonis Samaras.
As the press service of SOCAR said, during the meeting they discussed the implementation of the pipeline project TAP (Greece-Italy) and the question of the sale of 66% share of the Greek gas distribution company DESFA.
Recall that last week, the European Commission blocked the sale of the shares of DESFA for 400 million Euro to SOCAR. Currently Brussels addresses the issue of the admissibility of such a transaction in view of possible monopolization of the Greek market by SOCAR. -02D-
Economics
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Natural gas supplies from Azerbaijan to Bulgaria have been temporarily suspended due to technical reasons from January 6, 2025, Turan reports. Bulgarian «Bulgargaz» Energy Company has announced the suspension, noting that supplies are expected to resume on January 11, 2025.
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In 2024, Azerbaijan welcomed 3.523 million passengers from 38 countries via air transportation, reflecting a significant 32.1% increase compared to the previous year. According to the State Tourism Agency, this also marks an expansion in reach, with visitors arriving from three additional countries, an 8.5% rise year-on-year.
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As Azerbaijan sets an ambitious trajectory for economic growth in 2025, the country is poised to expand its investment portfolio and develop innovative financial instruments. These efforts aim to create a favorable environment for both domestic and international investors, while steering the economy away from oil dependency toward diversified and sustainable growth.
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In 2025, Azerbaijan will celebrate a series of public holidays and mourning events combining cultural traditions, religious rituals and national commemorations. The calendar, approved by the Cabinet of Ministers, defines significant dates that will provide citizens with the opportunity to honor their heritage, reflect on history, and relax with family and friends.
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