The State Oil Company of Azerbaijan will have a clear idea of ??its own borders and the "environmental wounds" within these limits.
As stated on the website of the environment department of SOCAR, Open Joint Stock Company Azerkosmos of the Ministry of Communications and Information Technologies shared with the oil industry information on the use of satellite technology in the oil and gas industry and environmental issues.
During the presentation, participants received information about the necessary technical, software, features, station to receive the information and space data.
Launch of geostationary telecommunications satellite of Azerbaijan Azerspace-1 is scheduled for February 2013. Running the low-orbit satellite will be for industrial purposes (geodesy, geology, cartography, etc.) and is planned for 2014. OJSC Azerkosmos announced a tender for construction of the project, the results are awaited. The main consumer of its services will be the state oil company, customer prospecting and monopoly in the oil and gas, petrochemical companies, etc. - 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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