The transportation of oil from Azerbaijan (Shirvanovka) to the port of Novorossiysk has stopped, the adviser to the President of Transneft, spokesman Igor Demin told the media.
According to him, in Makhachkala, the discharge of oil from tankers was stopped by JSC Dagnefteprodukt (reception of oil from the port is carried out by the Dagnefteprodukt tanks). A tanker is waiting in the port. “In connection with the repair work in the dark petroleum products workshop, crude oil transfer is delayed for three days,” said the letter from Dagnefteprodukt to Chernomortransneft on January 9, 2017.
Demin did not say how the repair of the plant is connected with pumping of oil.
“In this regard, the transport of oil from Azerbaijan (Shirvanovka) has been stopped. The oil is required for compounding Kazakhstan oil discharged in the port,” said the spokesman. -12D--
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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