The third meeting of the Consultative Council for the project Southern Gas Corridor (SGC) will be held in 2017, said the Minister of Energy Natig Aliyev.
‘The next meeting of the Advisory Council on the draft SGC will be held next year,’ the Minister said.
As previously reported, the first meeting of the Consultative Council on the SGC was held in Baku in February 2015, and the second – also in Baku in February 2016.
The project Southern Gas Corridor provides for the establishment of pipeline infrastructure to transport Azerbaijani gas produced within Stage 2 of Shah Deniz to Europe via Turkey. -0--
Economics
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An investigation led by Ghalib Toghrul, Chairman of the Board of the Center for Economic Research, has highlighted budgetary expenditures in the Azerbaijani districts of Aghdam, Fuzuli, and Khojavend, focusing on civil service projects linked to the reconstruction of territories liberated from Armenian occupation.
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On February 4, Azerbaijani Economy Minister Mikayil Jabbarov met with a delegation of the International Monetary Fund (IMF) led by Anna Bordeaux, head of the IMF mission in Azerbaijan, to discuss economic cooperation, financial sector issues and structural reforms, the ministry said.
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Azerbaijan Railways CJSC (AZD) transported 713,699 passengers in January 2025, marking a 15% increase compared to the same period last year, the company said on Tuesday.
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Last week, Azerbaijani media reported an impending increase in retail bread prices, attributing the rise to an increase in product weight. The following day, an official notification confirmed that the government had no intentions of sanctioning a bread price hike in the country. However, the threat of a price increase for this staple food remains for another reason.
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