The debt of the residents of Nardaran could accumulate over 117 years
The village of Nardaran, where the clashes between a group of believers and police forces took place resulted in a death of two policemen and five local residents, was completely de-energized. This village is with a population of more than nine thousand people, including women, children and the elderly, was plunged into darkness.
The state energy distributing monopolist OJSC "Azerishiq" spread information that the electricity in the village was turned off because of debts of the villagers for the delivered electricity. The debt amounted 42,267,000 manat. The law on energy supply prohibits the disconnection of electricity to the customers who do not have debts. According to "Azerişıq"such subscribers are available.
The saddest thing is that the figures by "Azerişıq" raise serious doubts. This shows a comparative analysis of official state statistical data. Let’s consider it in order. According to the statistics, electricity consumption in Azerbaijan per capita is about 1705 kWh or 102 manat (1705 kW x 6 = 102 manat gepiks) per year.
With a population of 9,583,000 people total electricity consumption in monetary terms amounts to 997,446 manats. The population of Nardaran totals 9,300, and according to general statistical data, the average energy consumption per year is 848,000 manats (9300 X 102.)
Thus, the energy consumption in 2007-2015 in the village of Nardaran totaled 8,532,000 manats. Until 2007, electricity in Azerbaijan worth three times cheaper - 2 gepicks per 1 kW. Then in Nardaran it accounted for 306,900 manats a year.
In the debt structure of Nardaran residents - from 42,267,000 manats in 2007-2015 accounted for 8,532,000 manats, and for the period until 2007 – 33,735,000 manats.
If to divide 33,735,000 manat by 306,900 manats (annual consumption), it turns out that Nardaran residents did not pay for electricity for 109 years until 2007. And if you add to it the debt of the past eight years, the period of non-payment will total 117 years.
It is unclear how could they manage to live not paying for electricity under the Tsar, Kerensky, the commissioner, Musavat, during soviet times , and even during the country's independence period.—0--
Economics
-
Azerbaijan's financial standing continues to strengthen as the country's foreign currency reserves have surged to $71 billion as of January 1, 2025, according to the Ministry of Finance. This figure, which includes reserves held by the State Oil Fund of Azerbaijan (SOFAZ) and the Central Bank of Azerbaijan (CBA), far exceeds the nation's external debt, which stands at a fraction of its reserves, specifically nearly 14 times less. This robust reserve position reflects Azerbaijan's fiscal stability and the government’s strategic economic management.
-
According to operational data from the Ministry of Energy of Azerbaijan, in January 2025, the country produced 2.3 million tons of oil, including condensate, and 3.9 billion cubic meters of gas.
-
The State Oil Company of Azerbaijan (SOCAR) has opened a representative office in Albania and is set to launch a specific project this year, the Albanian company "Albgaz" announced.
-
"Azerbaijan is currently among 54 middle-income countries," said Shahmar Movsumov, head of the Economic Affairs and Innovative Development Policy Department of the Presidential Administration, during the presentation of the World Bank’s World Development Report 2024 in Baku on February 10.
Leave a review