In the second half of 2015 the consortium for construction of the Trans Anadolu gas pipeline (TANAP) plans to invite a tender to select contractors for the engineering, procurement, construction and installation (EPC) of the offshore section of the gas pipeline and the fiber optical cable, reported the consortium.
Six companies and alliances have been selected during the pre-qualification selection and they will be invited to take part at the tender.
These include Micoperi S.r.l., MRTS-Fernas Insaat AS Joint Venture, Saipem, Swiber Offshore Construction PTE LTD, TL Offshore Sdn. (Sapura Kencana Petroleum Group Company) and Valentine Maritime LTD Honeywell A.S.
“These companies and alliances will be invited to take part in the tender, which will be invited in the second half of 2015,” reported the same source.—0-
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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