Yesterday SOCAR put into operation the trial experimental base under Neftqazelmitedqiqatlayiha Institute.
According to SOCAR, the base equipped with new modern equipment is located on the area of 2.1 hectares in Baku’s Surakhani district.
The base will be used to manufacture various reagents and well equipment. The workshop for reagents manufacture and the production site are located here as well. The capacity of the workshop is 30 tons of products a day. The closed zone for manufacture of various tools used for wells development and repair is also located on the territory of the base.—0—
Economics
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Kazakhstan’s budget airline FlyArystan has launched ticket sales for the Baku-Astana-Baku route ahead of the summer travel season, the airline’s press service said on Monday.
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In late February, the governments of Pakistan and Azerbaijan are expected to sign an investment agreement worth $2 billion, which will include several projects with SOCAR (State Oil Company of Azerbaijan). According to Turan, the energy cooperation projects discussed in January in Islamabad and Baku will feature in the agreement. These projects include energy efficiency initiatives, the construction of a pipeline, and SOCAR’s plans to explore the creation of underground gas storage facilities in Pakistan, as well as documents provided by the Pakistani side related to the exploration and extraction of hydrocarbons in the country.
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Azerbaijan continues to face an acute water shortage that affects both drinking and irrigation supplies, a problem that, despite frequent media attention, remains unresolved. Farmers are particularly feeling the pressure.
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BAKU, Feb 3 (Reuters) - Representatives from Azerbaijan’s State Tax Service (STS) participated in the latest session of the working group on tax, customs, and legal issues hosted by the German-Azerbaijani Chamber of Commerce.
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