President of Azerbaijan Ilham Aliyev has ordered the direction of AZN 7 million to upgrade the elevator facilities in residential buildings, which are in the public housing stock in the cities of Baku, Sumgait and Ganja. The funds are allocated from the Reserve Fund of the President in the state budget for 2013.
The Executive Power of the Baku city received 5 million, and two other cities received 1 mln. According to official sources, the residential buildings in Baku have 4,975 lifts, 99% of which are in operation. The life of half of the elevators in Baku has expired. In the cities of Sumgait and Ganja are available 190 elevators. They are all in working order. - 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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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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