The attack on the Turkish section of the South Caucasus gas pipeline on the night of August 25 had no effect on the extraction of gas from the field "Shah Deniz" in the Caspian Sea. According to BP, after the completion of maintenance work on August 23, production has been restored and is gradually increasing. For a complete filling of the pipeline to the Turkish border (100 km to the Beach + 680 km) requires three to four days. However, if by that time the company BOTAS will not be able to restore the pipeline, then BP has the possibility not to stop gas production.
According to source in SOCAR, the State Oil Company in this case be able to take additional volumes of gas from the "Shah Deniz" field, and pumped into underground storage. "We have the technical capabilities for this," said the source.
On the night on August 25 near the Sarıkamış Kars province of Turkey (Eastern Anatolia) PKK rebels (PKK) blew up the gas pipeline Baku-Tbilisi-Erzurum. The gas supply was suspended.
Turan recalls that three weeks ago in the same place on the pipeline Baku-Tbilisi-Erzurum gas pipeline has already been attacked. It was a good chance that on August 2 the production platform in the field "Shah Deniz" was suspended due to maintenance works, and 7-8 hours before an explosion gas supply from the territory of Turkey was completely stopped. -12B-
Economics
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Azerbaijan’s economic growth is expected to continue in the coming years, although forecasts from ING Group and the United Nations (UN) present slightly differing views on the pace of recovery. ING Group, the largest banking institution in the Netherlands, predicts modest growth in Azerbaijan’s gross domestic product (GDP), while the UN offers a more optimistic outlook.
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The average age of taxi cars in Azerbaijan has dropped from 15 to 7 years, according to a statement from the Azerbaijan Ground Transport Agency (AYNA), which attributes this change to the implementation of reforms.
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Kazakhstan has bolstered its position in international grain markets by resuming exports to Iran and Azerbaijan, according to the country’s Ministry of Agriculture.
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In recent years, Azerbaijan has quietly fostered a vibrant startup ecosystem that is beginning to make waves on the international stage. From digital education platforms to innovations in agrotechnology, these startups reflect the country's growing embrace of technology and entrepreneurship. A combination of government support, international collaboration, and bold entrepreneurial vision has propelled several Azerbaijani ventures into the global spotlight.
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