Investment competition for sale of 99.22% shares of the Dashkesan ore-dressing plant failed again. Investors have shown interest in this company, for the development of which the state requires to invest not less than $600 million.
This week has expired the period for acceptance of proposals for privatization of "Daskesan Filizsaflasdirma". The seller, the State Committee for Property Affairs (SCPA) does not comment on the reasons for the absence of submission of applications for the acquisition of the company.
Investors have been given a two-month period for submitting applications, which expires on March 31.The SCPA changed one of the conditions to investors. The minimum size of the bonus for the privatization of shares reduced from 110 million to 100 million manat.
In the autumn of 2016 the government attracted through tender for the privatization of this attracted an international consultant – the KPMG Azerbaijan company. In the case of the privatization the company will receive from the winner 160.000 manat. -08D-
Economics
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Azerbaijan’s Information and Communication Technologies Agency (ICTA) held a meeting with representatives of internet service providers (ISPs) and telecom operators to address concerns over the accuracy of reported internet speeds and the country’s ranking in global broadband performance indices.
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Bulgaria considers Azerbaijan a key strategic partner in the energy sector, as the country plays a crucial role in diversifying gas supplies and strengthening regional energy security, Bulgaria’s newly appointed Energy Minister Jecho Stankov said during a meeting with an Azerbaijani delegation.
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Rovshan Najaf, president of Azerbaijan’s state oil company SOCAR, met with Majid Jafar, CEO of Crescent Petroleum, on February 6 to discuss potential avenues for collaboration in the energy sector. The meeting marked an important step in strengthening ties between the two companies, with both sides exchanging insights on their respective operations and assessing opportunities of mutual interest.
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Rovshan Najaf, president of the State Oil Company of Azerbaijan (SOCAR), met with Sašo Berger, chairman of Slovenian energy company Petrol dd, and Simon Urbanc, CEO of Geoplin doo, on February 6, underscoring growing cooperation in the natural gas sector between Azerbaijan and Slovenia.
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