The final decision of the Azerbaijani consortium on the development of “Shah Deniz” gas field delivering gas to the European market will be officially announced on June 28 in Baku.
According to the consortium "Shah-Deniz", the ceremony of announcement will take place at 11:00 am at the Four Seasons. The event will be attended by the shareholders of the "Shah-Deniz" project, the management of State Oil Company of Azerbaijan, as well as representatives of the diplomatic corps.
It became known on June 26 that a consortium of "Shah-Deniz" chose the Trans Adriatic Pipeline (TAP) as the route for delivering the Azerbaijani gas to Europe; TAP passes through the territories of Greece, Albania and Italy. --12B--
Economics
-
S&P Global Ratings has revised its risk assessment of Azerbaijan’s banking sector, upgrading the outlook from "stable" to "positive."
-
In recent days, there have been claims that bread prices in Azerbaijan have risen. Social media users report that the price of bread has increased by 5-10 qepiks. According to consumer complaints, it is difficult to find weight information on factory-produced bread, commonly known as "zavod çörəyi" in Azerbaijan. In many cases, bread packaging does not include weight details. Similarly, bread sold at smaller bakeries and tandir houses often lacks information apart from the price.
-
A trilateral meeting of the foreign ministers, transport ministers, energy ministers, and heads of customs services of Russia, Iran, and Azerbaijan is set to take place soon to discuss the progress of the Rasht-Astara railway project, a key element of the International North-South Transport Corridor (INSTC). This was announced by Iran’s Ambassador to Russia, Kazem Jalali.
-
Azerbaijan and Tatarstan continue to strengthen trade and economic cooperation, based on mutual interests in energy, mechanical engineering, petrochemicals, agriculture, and transport. Bilateral relations have shown steady growth, supported by regular visits of official delegations and participation in international economic forums.
Leave a review