On Wednesday Turkish and then international media reported quoting Turkish Minister of Energy and Natural Resources Taner Yildiz that TANAP gas pipeline will be nationalized. But Minister’s words have been “interpreted literally.”
One of the Turkish officials explained to Turan that Taner Yildiz wanted to say that on Monday the Ministry of Energy submitted required documents concerning nationalization of lands, which will be need for TANAP gas pipeline construction, to the government.
TANAP gas pipeline will start from the Georgian-Turkish border and reach the Turkish-Greek border. Total length of the pipeline will be 1790 km.—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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