Three-fifths of Gas produced from Shah Deniz Delivered to Turkey
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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Azerbaijan’s Milli Majlis ratified the second amendment to the agreement on the joint development of the Azeri-Chirag-Gunashli (ACG) oil and gas block during its plenary session on Wednesday. The bill was submitted to parliament as a legislative initiative by President Ilham Aliyev.
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The 104th meeting of the Commonwealth of Independent States (CIS) Economic Council was held in the Russian capital, with representatives from member states discussing enhanced economic collaboration and key regional initiatives. Azerbaijan was represented by First Deputy Prime Minister Yagub Eyyubov.
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Azerbaijan’s Information and Communication Technologies Agency (IKTA) reported significant improvements in the quality of internet and telecommunications services in the first half of 2024, driven by a comprehensive assessment framework and enhanced regulatory measures.
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In 2024, Azerbaijan will double its gas supply to Bulgaria, which not only uses this gas for its own needs but also partially sends it to its Balkan Gas Hub and, by agreement with SOCAR, organizes the transit of various volumes to its neighbors.
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