According to Energy Minister Natig Aliyev, in January-September this year Shah Deniz produced 7 billion 189 million cubic meters of gas, much of which is staged in Turkey (59% or 4,239,900,000). The share of Georgia was 519.7 million. SOCAR also left for itself by agreement 2 billion 315.4 million cubic meters of "blue fuel".
During this time, the gas resources of the country reached 10 billion 402.8 million cubic meters (+ 6.45% of the forecast).
According to official data, today Azerbaijan produces daily 89 million cubic meters of gas and 120 thousand tons of oil. --17D-
Economics
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On July 26, the Ministry of Economy hosted a meeting with entrepreneurs from the non-oil industry to explore ways to stimulate local production and enhance export potential.
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Azerbaijani internet service providers Aztelekom and Baktelekom will introduce substantial changes to their pricing structure starting August 15, the companies announced today. Under the new tariffs, the minimum internet speed will rise to 100 Mbit/s, with the cost per Mbit/s decreasing from 0.45 AZN to 0.25 AZN. As a result, monthly charges will be set at 25 AZN for 100 Mbit/s, 30 AZN for 150 Mbit/s, and 36 AZN for 250 Mbit/s.
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Independent experts suggest that Azerbaijan may be on the verge of another devaluation of its currency, the manat, due to a shrinking trade and payment surplus. The anticipated economic adjustments come amidst a decline in foreign currency inflows and reduced oil production.
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Azerbaijan’s Foreign Minister Jeyhun Bayramov met today with Ahmed Moallim Figi, the Minister of Foreign Affairs and International Cooperation of Somalia, at the Azerbaijani Foreign Ministry. This meeting followed a discussion held the previous day between Figi and Azerbaijan’s Economy Minister Mikail Jabbarov.
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