The quality of fuel manufactured in Azerbaijan will be increased up to Euro-3 standard till the end of 2014, Sabig Abdullayev, Director of the Institute of Standardization and Certification of the Azerbaijan State Committee for Standardization, Metrology and Patents, told journalists.
“We have been negotiating with SOCAR, which has been working to improve quality of manufactured petrol. We have concluded a cooperarion agreement with SOCAR. According to the agreement, the national standards will be applied, which will be use for design, construction and operation of a new oil refinery. This will be a six-year-long cooperation and we expect introduction of about 2,000 standards in various fields a sa result of this cooperation,” he said.
He said the draft decision of the Cabinet of Ministers on application of a new standard is ready and the publicity will be informed about its entrance into force.—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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