Patrick Puyanne, head of the French Total oil and gas concern, urged to avoid politicization of Russian gas export to Europe.
“I would like to emphasize Russia’s role at the world gas market. Russia occupies the first place in the world. Russian gas is delivered to Europe via Ukraine and there is too much politics in this issue,” he said at the opening ceremony of the World Gas Congress 2015 in Paris.
He urged to find compromise and find a diplomatic solution, because Russia is an important business partner of Europe.
He reminded that Total owns a share in the Russian LNG project – Yamal LNG.
Puyanne also said that Europe will certainly increase share of the renewable sources of power, but the role of non-renewable sources will remain significant and “one should not compare them.”—0—
Economics
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Azerbaijan President Ilham Aliyev has signed a decree to strengthen social protection for pensioners by implementing pension indexation, effective from January 1, 2025.
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The Italian government has extended the deadline for applications in the international tender for the sale of several strategic assets until February 14, confirming that a bidder from Azerbaijan remains among the frontrunners.
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An investigation led by Ghalib Toghrul, Chairman of the Board of the Center for Economic Research, has highlighted budgetary expenditures in the Azerbaijani districts of Aghdam, Fuzuli, and Khojavend, focusing on civil service projects linked to the reconstruction of territories liberated from Armenian occupation.
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On February 4, Azerbaijani Economy Minister Mikayil Jabbarov met with a delegation of the International Monetary Fund (IMF) led by Anna Bordeaux, head of the IMF mission in Azerbaijan, to discuss economic cooperation, financial sector issues and structural reforms, the ministry said.
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