Turkey is going to increase its share in the trans-Anadolu pipeline (TANAP) project up to 30%, said Turkish Minister of Energy and Natural Resources Taner Yildiz at the ceremony of signing of the final investment decision on the Shah-Deniz-2 project in Baku yesterday.
He said increasing Turkey’s share in the TANAP project is very important for his country.
Minister added that the projects currently implemented in the region are extremely important.
SOCAR’s President Rovnag Abdullayev said earlier that Turkey’s share in the TANAP could be increased.
He said that Turkey’s share could be increased at the expense of the shares offered to Statoil and Total companies. The both companies have recently stated they are not going to join the TANAP project, though they have been negotiating with SOCAR since October 2012 to get 12% and 5% shares, respectively. Turkish state-run pipeline company BOTAS owns 20% share in TANAP.—0—
Economics
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The weaknesses of strategic planning in the Azerbaijani land transport sector were revealed during a briefing on improving legislation, which was attended by representatives of the Azerbaijan Land Transport Agency (AYNA) and the Ministry of Digital Development and Transport.
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The Cabinet of Ministers of the Republic of Azerbaijan has made changes to the existing provisions regarding the approval of construction documentation and the service fees for construction. The amendments are guided by Article 119 of the Constitution of Azerbaijan and are aimed at simplifying processes related to construction permits and operations.
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The Cabinet of Ministers of the Republic of Azerbaijan has approved a new procedure for the recruitment of medical personnel to medical institutions included in the state healthcare system. The decision, which comes into force on January 1, 2025, aims to enhance the implementation of compulsory health insurance in the country.
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The Organization of Turkic States (OTS) convened a pivotal meeting in Guba, recently named the agricultural capital, to introduce the "OTS Made" brand for agricultural products. Representatives from the Ministries of Agriculture of Azerbaijan, Turkey, Uzbekistan, Kazakhstan, and the Turkish Republic of Northern Cyprus, along with experts from relevant departments, participated in the event.
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